16_Reverse Stab Buy Sell
Reverse Stab Buy/Sell Strategy
Reverse Stab Buy:
Identify Retracement: Spot significant dips below the lower Keltner Band, indicating an extended downward move. Act when the market bounces back towards the Keltner Bands, suggesting a potential buying opportunity.
Execute Trade: Sell at or slightly above the lower Keltner Band, aligning with the downward trend, anticipating further retracement or reversal.
Reverse Stab Sell:
Detect Over extension: Identify when the market exceeds the upper Keltner Band, signaling an extended upward trend. Trade as it retraces back to the Keltner Bands.
Start the Trade: Buy at or just below the upper Keltner Band, in line with the upward trend, expecting trend continuation or a bounce back.
Synergy with Other Strategies:
Ball Bounce Integration: Works well with Ball Bounce Strategy, offering precise re-entry points after retracement to capitalize on short-term corrections in line with the broader trend.
Consider Consecutive Closes: Look for patterns of consecutive closes in the opposite direction for better timing and confirmation.
Utilize 4 to 9 Bar Cycle: Analyze shorter-term charts within this cycle framework for refined entry points, aligning with the Reverse Stab strategy for optimized trades.
Profit Target Exit Strategy:
Post-Entry Targeting: Shift focus to executing Profit Target Exit Trading Strategy after entering the position. Set and adjust profit targets based on market conditions to maximize gains and minimize losses.