Marc Rivalland on Swing Trading

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  • This topic has 2 replies, 2 voices, and was last updated 6 years ago by avatarart.
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  • #44580

    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?

     

     

    #44583

    Just noticed there is a retracement which meets the criteria following the change in trend, and it fails. Bad omen?

    #44586
    art

    The telling point about this is that MR has gone back to heing a splicitor abd no longer trades it, if he trades at all.

     

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