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Keeping the thread active

I've been a bit slack lately & stopped posting new ideas. Without stimulating new ideas, we tend to close off our minds to all things market-related. I have recently been reminded that a loss of inquisitiveness stifles the learning progress.




Been there & done that (back on the 27th March 2020)

Investing can sometimes be mentally easier to handle than trading & IMO, the opportunity Peter referred to has passed. Fear & uncertainty at times can lead to poor judgment about timing. There is a suite of strategies that can highlight mispriced positions.


[URL unfurl="true"]https://www.aussiestockforums.com/threads/dump-it-here.34425/post-1064333[/URL]




Going over some old posts

Peter has dropped so many gems over time & sometimes "What's old is new again". The post below is from 2016 & the logic is sound - but "with a twist", it has the potential to be something fresh & new.




That's given me an idea

I'm now shooting the breeze "using Peter's catchphrase". What if we took Guppy's idea that Peter posted about & used it in another way? Let's say, using a lookback period of 1 month (4 weeks) for the entry? Clean & crisp - with recent data to work with.


It seems simple

The premise of the twist - If the current bar is between the High & low of the previous 4th bar (not counting the current bar) - the position is considered to be stable. Next, if that bar is displaying early signs of momentum - it confirms the buy setup. Filters & parameters will take care of the rest.


Skate.


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