分類:SSPBLT

Slow SPBLT. A slow SPBLT has much slower PA with lots of small overlapping bars with tails (LOPTS), trapping traders in both directions, such as 20101210. In a day like this, it is hard to find good looking signals for longs, however nearly every short signal failed and counter-trend traders who shorted all the way to the top lost terribly.

One way to get around days like this is to move to a 15m chart. The trading style that would get you chopped up on a day like this would work great on a HTF chart, where you do have fewer signals, but they do tend to work better^[1], because it is usually a BLMC that market doesn't run stops below prior bar.

Just as you slow down in a slow market, you should speed up in a fast market. The opening hour is usually fast moving and slowing it down on a 1 minute chart will reveal some interesting trades^[2].

• 🤔 SSPBLT has increasing risk of reversal if it forms as BLTFO, especially when the HTF context is in TR or BRT, i.e. BLTFO. For e.g. 20230314