Marc Rivalland on Swing Trading
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Has anybody done any work based on Marc Rivalland’s swing trade method?
It’s based on Gann I think. The approach is to buy a retracement in a trend. A retracement is defined as three lower lows and lower highs (for uptrend), and a new trend is created when the price fails to make a lower low, then rallies above previous swing high (something along the lines of a 123 formation).
See example attached, new trend starts at X (not a great example of of a 123) where we would look out for a retracement to go long.
I have been thinking about this, and each successive swing high/swing low seems to be reliant of the previous swing to define making it tricky. However, maths is not my strong point, is it possible to define this mathematically?
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Topic Details
| Forum: | General Trading: Market Analysis & Manual Trading |
| Language: | English |
| Started: | 08/24/2017 |
| Status: | Active |
| Attachments: | 1 files |
