Yes, Implant. Not taking away the importance of rules, more importantly it speaks to your ability that you are even able to boil the price down to a set of rules. Kudos.ImpLaNT wrote: Fri Apr 03, 2020 2:23 am And finally, I would like to say how important to follow all the rules of the system with two specific examples ...
1. Today's situation with the Dow ... There was not enough Extreme Spike indicator bar and I did not open a sell position, but only closed the purchase.
It is up to ....
Screenshot_28.png
And this is after ...
Screenshot_31.png
2. Oil ... The absence of color changes in waves 1 and 2 prohibits opening sales ...
Screenshot_29.png
And this is after ...
Screenshot_30.png
Rules and rules again !!!
Takes the subjectivity away. Would love to see further conversion of subjectivity into a rigid fixed criteria. Just an example- The main trend line acting as a support or resistance, how it would look when{if it is possible} it is broken down into fixed set of conditions. I for one believe your analytical approach takes away the stress as you know that you will act consistently in the future and if the system truly has a edge, profit has to manifest sooner or later.
Thanks