This is a concept of decaying price and time as an underlying move towards our theoretical projection, where if the underlying enters our built faded cross-section, the SL is triggered to avoid sideways consolidation and decaying contract premiums.
This ‘right’ triangle that is ‘sclene’ by nature is created by taking the furthest projection in price/time symmetry (78.6%) and drawing a vertically placed straight line to the highest/lowest point in the rally previously identified. Here, I create a ‘right triangle’ by turning 90 degrees towards my final point, which is made by the nearest projection in price/time symmetry (38.2%). In its entirety, this forms the stop loss triangle.
Rules —
1. Enter position with strike of 38.5% retracement in price and expiration of +21 days past 78.6% retracement in time.
2. SL is LOW or HIGH in PRICE from rally. Structure invalidates with new low or high made that expands rally — this protects against price decay.
3. SL is STOP LOSS TRIANGLE cross-sectional zone built. Structure invalidates with horizontal extension into faded cross-section to protect against time decay.
The beauty of this concept is the ability to trade with rules the potential retracement in price/time symmetry distinctively and without emotion, as the underlying trades to potential harmonic reversals.
This ‘right’ triangle that is ‘sclene’ by nature is created by taking the furthest projection in price/time symmetry (78.6%) and drawing a vertically placed straight line to the highest/lowest point in the rally previously identified. Here, I create a ‘right triangle’ by turning 90 degrees towards my final point, which is made by the nearest projection in price/time symmetry (38.2%). In its entirety, this forms the stop loss triangle.
Rules —
1. Enter position with strike of 38.5% retracement in price and expiration of +21 days past 78.6% retracement in time.
2. SL is LOW or HIGH in PRICE from rally. Structure invalidates with new low or high made that expands rally — this protects against price decay.
3. SL is STOP LOSS TRIANGLE cross-sectional zone built. Structure invalidates with horizontal extension into faded cross-section to protect against time decay.
The beauty of this concept is the ability to trade with rules the potential retracement in price/time symmetry distinctively and without emotion, as the underlying trades to potential harmonic reversals.
Trade closed: target reached
QQQ closed $507.85 today 5/12/25
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Dive deeper into the world of volatility with me — Post a comment, ask a question, and BOOST the post if you’d like.
Make sure you 'Grab my Chart' weekly to pull my data onto your screen!
Find me over on the 'X' platform:
@askHVtobidIV
Make sure you 'Grab my Chart' weekly to pull my data onto your screen!
Find me over on the 'X' platform:
@askHVtobidIV
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.