What's good, if not enough to be great for any reasons, TA?
To me, if you can short at a reversal peak, cover at a reversal bottom, survive couple of whipsaws there and still make profit of each whip and saw, then catch the reversal long and took profit at the height of peak of close ahead of a weekend, looking to buy a backtest of the BO then targeting next TL above... now taht's good TA in my book, no matter who did that, as long as they were published AHEAD OF FACT/TIME and that IT DID HAPPEN LATER to prove the predictions were validated.
You probably sensed I did all that in this thread. You have witnessed I did all that in this thread. If you did not, let me say this: it is not about 'who' did that, it is about 'how' this is done.
I hope by sharing more detail and you can get the 'how' and forget about me, but do learn about how to profit from this method yourself.
Congratulations to anyone who have and understood every posts of this thread in time when I post them in real time as price unfolds, you are my kind of traders.
To find a more efficient and more effective way to a better presentation and communicate, especially for a poster uses unconventional TA LIKE MYSELF - no indicators, a rebellion to the common language in TA communities - is even tougher, on top of just doing a good TA.
So here I will try to show my closer to ideal way of presentation:
Blue Vertical Lines fall exactly on the very minute on timeline of chart when exactly to the minute I posted the post in this thread.
Get it or not is not my problem, now I have shown you.
I only use this as an example to begin this kind of posting. To myself, this is the way I will be posting from now on, or not posting at all.
Now latest 5-hour: "blow Purple out of water" it did, the next TL is nothing but the original upper TL of the Orange downward wedge published weeks ago.
Latest 30-min, a bear flag developing since Friday's close thru overnight Sunday, and I will back to long the BD and backtest of this flag:
Now ES 1970 target of last new CNH maybe just coincide with RUT's Orange upper TL and be reached first.
With this I close this thread officially. No need for me to post every day, every trade, if we have consensus of how this LOL is done.
Good luck, until next time.
Edited by iloliway, 05 October 2015 - 06:25 AM.