This next example, Figure 15-3, was a symmetry setup on the threeminute
E-mini Russell contract that was not quite ideal. At least, the parameters
were not ideal when the zone was initially tested. You can still push
the odds in your favor if you follow a couple of rules/guidelines. Notice
that the price was slightly above the 34 EMA when it tested the symmetry
projection. Also notice that the 14-bar CCI was above the zero line at the
time. Those are not the ideal parameters for a symmetry trade setup.
You can still look for a sell trigger here as long as when you see the
trigger, the price has fallen back below the 34 EMA and the 14-bar CCI has
fallen back below the zero line. Notice the decline that eventually followed
the high made directly at the symmetry projection at 817.60. It was just
over 12.00 full handles, or $1,200.00 per contract. (This is such a simple
technique, although it can be extremely powerful if used correctly.)
This next example, Figure 15-3, was a symmetry setup on the threeminuteE-mini Russell contract that was not quite ideal. At least, the parameterswere not ideal when the zone was initially tested. You can still pushthe odds in your favor if you follow a couple of rules/guidelines. Noticethat the price was slightly above the 34 EMA when it tested the symmetryprojection. Also notice that the 14-bar CCI was above the zero line at thetime. Those are not the ideal parameters for a symmetry trade setup.You can still look for a sell trigger here as long as when you see thetrigger, the price has fallen back below the 34 EMA and the 14-bar CCI hasfallen back below the zero line. Notice the decline that eventually followedthe high made directly at the symmetry projection at 817.60. It was justover 12.00 full handles, or $1,200.00 per contract. (This is such a simpletechnique, although it can be extremely powerful if used correctly.)
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