Single-speaker trading commentary by Kardec Trader explaining a personal shift from fading rallies/breaks (contrarian) to a long-only, trend-following approach. The speaker describes using Bollinger Bands to classify market environments—identifying consolidation, band breaks/expansions, and higher highs—to confirm the primary uptrend and take only long trades regardless of macro signals.
We get this Bollinger band starts breaking to the upside, this one's to the downside. Expansion make a higher high and this Bollinger band starts going that way and the market takes out these previous highs. I'm long only. This is how I started this strategy. I was a trader that was either fading rallies or fading breaks. I like to be a contrarian. That was my nature. And I said how do I prevent myself from doing this? I said Anthony, you have not identified market environments. I started looking at Bollinger bands and, and this ultimately again I could sit down right now and look at this tape. I know I want to be long only. I don't care what the macro is. I know we came out of a two way tape. I know the primary trend is up because we came from a high here, did this consolidation, we made a higher high and this from this range expansion long only.
