Ohh Man, I know eventually I will regret this but I will put it down to my feeling of lack of contribution to FF over the last few weeks.
I reserve the right to fail in response without predjudice.
Trading Basics fall into {IMO} 3 different catogaries...
1) Crossovers... MA's, BB, Oscillators... and the list goes on. {sorry if I missed your fav.}
2) Rigid Lines... Pivots, Fibs, Trendlines...and the list goes on.
3) Breaks...A compendium of 1) & 2) and a couple of other idiosycracies of both added in as well as the occasional individual 'Break' scenario.
Please consider which of the above are more likely to sway Traders from one side of the fence to the other. {my opinion later in post}
1) Crossovers... {Fictitious compilation}
NEWS FLASH!
"Traders! the 20 EMA has just Crossed BELOW the 40 MA." We suggest you SELL based on 20 Bar Old Information."
2) Rigid Lines...{Fictitious compilation}
The 38.2% fib failed to contain the price and therefore we are left with no other comment except to say that the 50% Fib {50% is not actually a Fib} will be the next Test. Let's see what happens there before we decide.
3) Breaks...{Fictitious compilation}
For the last 2 periods {months, weeks, days or minutes} the Price has failed to break 'x'.
This means that for the last 2 periods either the Bulls or Bears have been the Enemy at the Gate and beating on the door. {I love and look for these situations. They are a Spring loading for Fast Recoil or expansion. [Spronnnng]}What would YOU expect if they manage to smash that door down?
Exactly! Pamplona in Fast Forward or Fast Rewind.
A Rapid release of energy!
Point being that, although I do not 100% endorse the "Price is King" enthusiasts, I do know that professional, including "employee" Traders are watching for "Price Breaks" not " 'x' Pips Profit.
The sophmore "Price is King" student is farther ahead but still has a long row to hoe.
25 + years "IN" & still learing.
Chickened out on posting the System Params. Sorry.
I reserve the right to fail in response without predjudice.
Trading Basics fall into {IMO} 3 different catogaries...
1) Crossovers... MA's, BB, Oscillators... and the list goes on. {sorry if I missed your fav.}
2) Rigid Lines... Pivots, Fibs, Trendlines...and the list goes on.
3) Breaks...A compendium of 1) & 2) and a couple of other idiosycracies of both added in as well as the occasional individual 'Break' scenario.
Please consider which of the above are more likely to sway Traders from one side of the fence to the other. {my opinion later in post}
1) Crossovers... {Fictitious compilation}
NEWS FLASH!
"Traders! the 20 EMA has just Crossed BELOW the 40 MA." We suggest you SELL based on 20 Bar Old Information."
2) Rigid Lines...{Fictitious compilation}
The 38.2% fib failed to contain the price and therefore we are left with no other comment except to say that the 50% Fib {50% is not actually a Fib} will be the next Test. Let's see what happens there before we decide.
3) Breaks...{Fictitious compilation}
For the last 2 periods {months, weeks, days or minutes} the Price has failed to break 'x'.
This means that for the last 2 periods either the Bulls or Bears have been the Enemy at the Gate and beating on the door. {I love and look for these situations. They are a Spring loading for Fast Recoil or expansion. [Spronnnng]}What would YOU expect if they manage to smash that door down?
Exactly! Pamplona in Fast Forward or Fast Rewind.
A Rapid release of energy!
Point being that, although I do not 100% endorse the "Price is King" enthusiasts, I do know that professional, including "employee" Traders are watching for "Price Breaks" not " 'x' Pips Profit.
The sophmore "Price is King" student is farther ahead but still has a long row to hoe.
25 + years "IN" & still learing.
Chickened out on posting the System Params. Sorry.