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Living & trading in a bubble

[USER=2975]@ducati916[/USER] has given me a few ideas that I wish to share. As usual "for me" it's all about jumping on trends & now with a few new ideas from the "Duc" I'm using those indicators to guide when its optimal to buy & sell. I have a simple trading method of riding trends.

Explanation

I've used [USER=13908]@peter2[/USER] idea of colour coding the trend with "Blue Bars" so it's simple to follow along by looking at the charts. The first "blue bar" is the signal bar (the white arrow) & we buy on the "next daily blue bar" at the open (the white square). The position is held till the first "red bar" & sell that position on the open on the next "red bar". It's a simple strategy I have to admit.

Charts

As I'm using Pete's blue bars, I'll chart up the 3 securities from Pete's post above being: BTH, NXT & TNE so you can see the charts aren't cherry picked.

[ATTACH=full]101979[/ATTACH]

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Well done

[USER=13908]@peter2[/USER] picks are on the money (as usual)

Let's examine another post

[USER=62446]@bfhoon[/USER] had his first trade & he purchased "PNV" Polynovo - so let's examine what "The Ducati Daily Blue Bar strategy" thinks of this purchase of "PNV"

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Well done 

"The Ducati Daily Blue Bar strategy" gave a signal on the 24th March, the buy on the 25th March so well done [USER=62446]@bfhoon[/USER] at this stage we would hold that position till we get our first red bar, than sell on the next open.

Chatter in a few threads

There has been some recent chatter in the relevant threads of PPH, NAN & SLC - so let's examine them by applying "The Ducati Daily Blue Bar strategy"

PPH

[USER=73740]@Trav.[/USER] [USER=45204]@galumay[/USER] & [USER=66457]@Dona Ferentes[/USER] - might find interest in this chart as they have made comments recently in the "PPH" thread.

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NAN

[USER=66457]@Dona Ferentes[/USER] [USER=1481]@Country Lad[/USER] [USER=2104]@finicky[/USER] & [USER=28038]@sptrawler[/USER] may find interest in this chart from their recent comments in the "NAN" thread.

[ATTACH=full]101987[/ATTACH]

SLC

[USER=66457]@Dona Ferentes[/USER] [USER=24965]@Iggy_Pop[/USER] [USER=45204]@galumay[/USER] & [USER=13908]@peter2[/USER] may find interest in this chart from their recent comments in the "SLC" thread.

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Summary

The ideas I've gained from [USER=2975]@ducati916[/USER] recent post has been educational helping me to code "The Ducati Daily Blue Bar strategy" that on face value has merit for a simple strategy - it's not too shabby at all.

Skate.