Bigbusiness
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trendie,
There is a big gap between types of people 2 and 3, so I would be at about 2.618
There is a big gap between types of people 2 and 3, so I would be at about 2.618
trendie said:robster4,
look forward to your future posts.
I do not expect you to be spot-on every time, so I suspect you should allow yourself some leeway, by posting a potential turining point, AND a plus/minus to cover yourself.
I also suspect some trades will be more "certain" than others.
In your learning about MM, are you taught to expect spot-on figures, or to expect a degree of variance from figures ?
Also, are you taught the point at which the expected turning point has "failed", and should be closed out?
If so, what in yor experience is the success/fail ratio ?
NB: there are 3 types of people here.
1: people who will buy MM anyway, but will use this thread to re-inforce an already made up mind
2: people who are intrigued, and open-minded, and may be swayed
3: people who have already made up their minds it doesnt work. Even if you got 6 out of 6, they will expect back-tests over the past 18 years, and still wont be convinced.
good luck.
(I hope I am type 2!!)
Bigbusiness said:1-√0.5=0.2929
((1191.58-1139.97)*0.2929)+1139.97=1155
Bigbusiness said:1-√0.5=0.2929
((1191.58-1139.97)*0.2929)+1139.97=1155
FetteredChinos said:trendie.. i think BB is going for part b...
180 degrees etc...
i recommend reading assorted "outside of the box" posts on Tactical trader. lot of useful info on there, though some of it is quite mindblowing.
CJ (a320s) posts are very informative, if you can look past the smokescreens he puts up
FC
trendie said:Bb, are you:
a: implying you have access to MM
b: showing there is another (accessible and cheaper) method that arrives at 1155
c: any old equation can arrive at 1155
d: something else
a320 said:would that be based on 13 points up into point 6....