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Spikes or anyone?
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frytownfarmer
Posted 5/19/2019 19:04 (#7506189 - in reply to #7506156)
Subject: RE: Spikes or anyone?



Frytown, Iowa
Centuryfarm - 5/19/2019 18:54

but it seems like you build a fork that suit the need after the fact.


Reread your post and you NAILED it! The facts are market structure. Higher highs and higher lows... or lowers lows and lower highs... a trend. Then when that trend is broken... AFTER the fact... then you draw the median lines. They are targets for an exit.

Identifying a change in trend and getting an entry with limited risk has always been the hardest piece of the marketing puzzle.

If a person can do that he can make any charting tool successful

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