Santa Claus Gifts TUI Shareholders and 1+6 Indicator Extension!
TUI has finally been able to shine again with record sales! Whether this will be more than a tiny glimmer of hope remains to be seen. People are traveling more again and at the same time inflation helps make vacations more expensive. That explains the results of TUI simply.
In the chart, the share price jumps upwards. But that also has to do with the fact that there is hardly any room left for it to go down – if we’re honest with ourselves. In 2018, the share price was over 56 euros. Today, shareholders are pleased that we have almost reached the 7 euros…
If we apply the incredible 1+6 indicator – which I presented to you yesterday – to the current news situation at TUI, we also come to record profits. So what TUI can do, we can do too.
TUI with 1+6 indicator in 15-minute chart As I already mentioned yesterday, the indicator works particularly well in the M15 chart. If I use the same settings on other time units, usually only nonsense comes out. This speaks quite well for this special programming and the 15-minute chart.
You can see the price jump after the good figures. Already on 28 November, the indicator gave us a long signal. If we also take the last POI (Point of Interest) here as a stop loss, we would currently have a CRV of 6:1 – so we would make 6 times the profit in relation to the risk. I like the indicator more and more.
What time does the 1+6 indicator give us? Yesterday I told you that we can get in here comfortably. Just because a signal comes doesn’t mean we have to drop everything. In my example with the DAX in the M15 chart, there was often enough time, sometimes even days later to get into the trade more cheaply.
Let’s take a look at what the 4 signals in the above chart say about this and whether they keep to this motto. That would be quite chic. We also had the chance in the DAX to take a CRV of 1:1 regularly. I’m also looking at that with TUI.
The 1st trade is a short and the candles fall right away. If we had not entered immediately, we would have missed the trade. But that would actually have been quite good in this case, because we would not even have reached a risk-benefit ratio of 1:1. The trade would have been lost.
After a missed uptrend, the long signal eventually comes. Here we had 4 hours of time to open the trade. The prices stayed near the signal for that long. Afterwards, a CRV of 2:1 would have been possible.
Trade number 3 would have been short again. Here we have a mix of the two variants before: We had to get in immediately and a CRV of 2:1 would have been easily achieved – even 2.6:1.
And the current theoretical long trade currently stands at a CRV of 6:1. What stands out here in particular: We could even have taken a 60 percent discount on the entry! Then we would be at a CRV of 15:1!
Conclusion The TUI share may not be the perfect candidate for the 1+6 indicator. However, if we look at the POI and demand areas in the chart, we should logically avoid short trades in this zone and only go long. This certainly improves the return additionally.