Not the Grail, just a regular one - Bablokos!!! - page 593
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Why the line down? from the highs? what does it do?
it will show how (in normal rhythm) the price will go and give a level where you can place a stop/reverse
can i have a graphic example?
is this like it?
It is a pity that such pretty pictures did not help to make 1000% p.a.
is this it?
Nah... it's just levels on selected fractals
that's about it:
which of the diagonals to choose when, in my opinion, is obvious.
it's just a pity that such pretty pictures didn't help to make 1000% p.a.
i am not shy to think of a strategy in public :-)
but when it goes to the plus side the signal is likely to go down
and rightly so... I don't show my signals to anyone either
what i don't trust is indicators....
the indicator is just a representation of (some nuance of) history. How can you not trust it? history is what it is.
And it's up to the trader and/or the strategy to draw conclusions from the indicator and the history.
PS/ this is not considering the Market's favourite "buy here / sell there" or everytime a new price breakdown