6 Comments
User's avatar
Dan's avatar

Could this be a G cat? What confirm it as a A? Thanks!

David F's avatar

Hey Dan, yes if using the FLD strategy as a concept it could be seen as that. I prefer to use the more precise time frequency analysis in the majority of cases as some of the assumptions made in the aforementioned strategy are not reliable - synchronicity, harmonicity etc..so, simple trading with time is the best approach IMHO.

Dan's avatar

I agree. Does A class means A category movement?

David F's avatar

Yes same thing in the context of the 'FLD trading strategy', not relevant in this analysis though.

Dan's avatar

Shouldn't we short based on the recommendation that we are very close to next peak range(April 30 to May 1)?

David F's avatar

That is entirely up to you!