Trading the Horizon Line Bias signal WaveriderBill Inc Copyright 2012
About Me• High tech refugee!• Electronics, Business• Prime Computer, Apple Computer, Sun Microsystems• Became unsatisﬁed with the Circus
In search of the Holy Grail• Journey started in 1987• Explored Stocks, Options, ETFs, Futures• Explored Technical Analysis• Became Frustrated and Depressed
Evolution of the HLB• I just wanted something that worked.• Which led to the development of the HLB signal.
HLB Theory• Similar to commercial aviation• Long periods of boredom - still waters• Followed by sheer terror - the storm
HLB Theory• The Currency Futures market is “The perfect storm”• During the storm is when you have the ability to make money!
HLB Strategy• The HLB Signal identiﬁes potential stormy areas!• The HLB strategy plots your course and allows you to navigate the storm.
HLB Tactics• Wait for the signal bar to complete• Draw the HLB line at the hi/low depending on the breakout direction• Buy/Sell the breakout of the HLB bar• Buy/Sell the breakout of a pullback bar above/below HLB Line
What is a Spout Signal?• The Spout Signal identiﬁes areas of sudden extreem volitility, volume and price action.
Spout trading tactics• Jump on the spout for some quick ticks!• Use the spout as an exit strategy for a trade you are already in.• “At the end of the spout get the hell out”.