15 MIN. P144 On NQ. There is a squeeze for both instruments. Do not force trades with hopes of big trades. you may scalp zones
Maximizing Trading Profits: The Importance of Understanding Regression Channels with 2 to 3 Standard Deviation Settings
Traders need to understand regression channels, particularly those with 2 to 3 standard deviation settings because they can provide valuable insights into market trends and potential trading opportunities. Regression channels are technical indicators that are created by drawing a trendline that represents the linear regression of a security’s price movements over a specified period of time.
By setting the regression channel to 2 to 3 standard deviations, traders can identify potential areas of support and resistance that are statistically significant. These areas are often viewed as price levels that are overbought or oversold, and traders may use them to make trading decisions.
Understanding regression channels can also help traders identify trend reversals and potential breakout points. By observing the price movements within the channel, traders can assess the strength of the trend and determine when it may be changing direction.
Overall, understanding regression channels with 2 to 3 standard deviation settings can provide traders with a valuable tool for identifying potential trading opportunities and managing risk. By incorporating this technical analysis tool into their trading strategy, traders may be able to maximize their profits and minimize their losses.
Pressure release signal on the 1-minute chart Blue dot – bullish pressure release Turnover and backtest ES and NQ dealing with resistance NQ – 4th
In this blog, I (Jose Azcarate) provide an analysis of SwingArm Trading Market from 15 June to 22 June. Summary of today’s price action in
swingarm trading discussion: Summary of today’s price action in one chart: Notice the blue candles then the white once it bottoms out. Time Cur. Imp.