Analysis : LYC Long short - following Vol Flow and Coppock
An a analysis of LYC.AX
Was long on the long climb up.
Amusing how an article saying how positive LYC is , came out just 16 hrs before the peak price occurred and is about to fall. At least that is my expectation now
Absolute Peak was $6.18 , I got out at $6.15 , good enough
LYC is seen now peaked - using Volume Flow and custom Coppock - changes are all public - help your self to code changes
The special source is in the interpretation - not the code (double entendre, so will you risqué the trade ? )
Careful with the time scale you analyse the indicators in. Different time scale give different results
Short position now taken, close to the peak, could have been closer to teh peak, but only thought to short a little while later
Offered for educational value only.
Was long on the long climb up.
Amusing how an article saying how positive LYC is , came out just 16 hrs before the peak price occurred and is about to fall. At least that is my expectation now
Absolute Peak was $6.18 , I got out at $6.15 , good enough
LYC is seen now peaked - using Volume Flow and custom Coppock - changes are all public - help your self to code changes
The special source is in the interpretation - not the code (double entendre, so will you risqué the trade ? )
Careful with the time scale you analyse the indicators in. Different time scale give different results
Short position now taken, close to the peak, could have been closer to teh peak, but only thought to short a little while later
Offered for educational value only.