Linear regression TS

Here 3 charts from last week where the strategy of opening buy or sell at POEx and closing it at POEx-1 would have been profitable. I noted with red arrows where trade should have been opened and closed.

Apparently LRCs and their measured moves break outs works on cryptocurrencies and commodities as well...

here on BTC I noted the trades, one in profit from POE2 to POE1, the other selling at POE 3 and POE4 would have been breakeven by now.

here on WTI first trade buying at POE2 and POE3 would have hit TP at POE2. Second trade in profit as well buying at POE4 targeting POE3.

Fractality of LRCs: here's my entry on UsdChf, I was confident that the lower borders of the 2 LRCs I draw would have acted as support. From this point I will draw a new ascending LRC trailing my entry with its lower border as I explained in previous posts.

Went long UJ at POE2 targeting POE1. Another plus of this setup is the lower border of a bigger ascending LRC which should act as dynamic support.

Got filled on CJ, check out this entry, pip accurate!
When the LRC you draw respect most of swings and miniswings you can be pretty sure the accuracy of its BO MMs.

GU has broken this last descending LRC inside a bigger mildly descending LRC, layered my orders at POE2 and POE3. On bigger TF price has broken out the mildly ascending LRC started from october 2016 low (not showed here) so I'm bearish on this pair.

Got filled to the pip again on UC, the ascending LRC i noted in green dots was so well defined that I could project really precise POEs.

Nice occasion today on DAX, price went exactly on lower border of that ascending LRC and then you can see by yourself it shoot up 100 170 200 points.

my longs on UC and UJ are nicely marinating, I'll stay in until they reach the next POE (Point Of Exit in this case).

Went long WTI after BO of previous descending LRC, bought at lower border of new ascending LRC.

Closed WTI long in stop profit, look at how the price respected the LRC and how it accelerated up.

Got filled to the pip on AN at POE2, now I can look for the new ascending LRC forming and start trailing some profits under its lower border

AN trade follow up, notice the price action at POE, double bottom and boom price shoots up. At the moment I'm targeting POE0 with trailing stop under lower border of the new ascending LRC (not shown in the picture).
My target here is more ambitious than normally because all the price structure in the picture is an ABC corrective wave, if my assumption is correct then I want to be in the new impulse that is beginning. I suggest you to study the several correction structures that market can present, watch Anil Mangal's videos I linked before in this thread.

UsdChf last ascending LRC was violated, layered my orders at POE2 3 4. This could evolve into a bullish flag correction pattern following the strong impulse up started in mid february of this year. As you can see once a LRC is violated is pretty easy to spot the newborn LRC.

Update of the AN long trade: here's the detail of my exit, the new ascending LRC guided me in the best possible exit. As they say: "buy low, sell high"
Closed this first month with a +5% on the equity, profit factor 1.57%, max run-up +5.5% max drawdown -1.8%.

DJ30 at lower border of ascending LRC started from end of june low.

WTI at POE1 with good signs of bullish PA (bearish fakeout, bear trap whatever you want to call it), now market is closed, tomorrow I'll lay my buy orders.

Went long GC at POE3, willing to buy it until POE5. Target POE2 at the moment.

GC the big picture we are in an ascending LRC and POE5 of small LRC BO correspond to the lower border of big timeframe LRC. Beyond that point my analysis is not correct and I will exit my trades with a loss.

Dax being bought exactly at POE2, missed this but no problem: the sea il full of POEs.


EurChf bouncing to the pip at POE3.

UC ascending LRC broken, set my buy limit orders at POE2 and 3.

Went long GN as I like price action which is unfolding at POE2, Reward:Risk=3.8:1

On EJ an ascending LRC is forming, went long at the upper border of old broken descending LRC, targeting previous high, reward to risk is approximately 6 to 1.

Went long NU, here on the daily chart price is at lower border of this big ascending LRC started august 2015.

fractality of LRCs: here's the 1 hour chart NU where price is again at lower border of a small acending LRC, one thing I like about PA is the spike down price has made, cleared some stop loss of weak longs and now should be ready to pop up, let's see.