It seems like everytime I start a new journal on the internet I either get so perplexed by the posts that I end up shutting it down or I fail to continue upgrading and it never comes to fruition. I'm Hoping this time will be different. Each of the installations I will post aren't guaranteed. . .Its very likely I might be wrong. . .and if someone thinks I'm please notify me.
Things change very quickly in these markets and sometimes it'll be impossible to update the posts quickly enough to signify the technical change. This is one reason why I like to focus on Long Term Charts (1/2 daily -to- daily ). If you cannot figure out the long term management then the short term calls aren't nearly as profitable. I prefer to avoid scalping and focus more on high expectancy systems. . .systems that when they lose, lose 1 and when they win, win 5-10. This IMHO opinion is almost impossible to attain scalping 5-20 pips here and there. Not saying there aren't people which make money doing so thats just not what I choose to focus on.
My charting goals are
1) To find all (as many as physically possible) situations before they occur and then choose the one which the price action follows.
Two ) Present you with what I believe to be high probaility installations in the expectation that a few of you. . .only those few who have experienced there head given to them for 2-5 years at the FOREX and learned from there mistakes....will carry my specialized studies and present good evidence to either support or invalidate the versions.
My theory is when the markets going to move the technicals will present the move until it happens. I'm not interested in your remarks just what you can show me on a chart or explain fundamentally. If theres no good evidence to support it then its only an opinion. Lets do our best to keep this thread as professional as you can.
Please do not ask about the firms I use or the suppliers of the tools that make these versions. I'm a new member of the Forum and I am not going to support, deny nor support any merchandise here on the forum.
My primary advice about deciphering my techinical studies is to look deep into the charts. . .on some of my posts a casual glance will not do. Do your best to observe the pattern. . .theres always a pattern within these studies simply at times it's more difficult to admit.