| JC STONE - 8/6/2020 09:33
So what you're saying is, a fundamental event like no rain in Aug can come along and throw all your analysis out the window.
So you've prepared yourself for a 95cent drop. What will you be looking for in a fork chart that's signals you may be wrong. Needs to be determined before not after the fact.
Hi JC,
Well, I was gonna post on this before but decided against it because it ends up in a never ending circle of demise. But if its going to rain in August....or not and the extent of such...it is already on the chart. So let's say, we do not get that move to where he suggested it should. He should take that ideas, and deconstruct it and understand where the plan went wrong (if it does). If he comes up with nothing, file it away and revisit in a year or so. It's an amazing thing to watch and you begin to "see" it and understand that "Lines are cool, but market structure rules" and how the events that supposedly are the reason price is moving just happen on cue when they need to.
Take care |