Relativity
Day Traders look for the inside swings, which are framed by the OTF players who work off yearly, monthly weekly, and swing charts. The Emini wzard system is consistent in our approach to resolving ranges. Simple is better, but not easy.
As the sequence evolves, catch pieces of the swings. Markets do not usually move in straight lines, but ebb and flow in sequences.
Smart Traders
Tony at TraderSmarts: : 2715 or 2815?
Anthony Crudele on Twitter: I wait to see how markets react to my indicators & economic data before I consider a trade. I dont anticipate a trade will work based on it working in a similar situation in the past. If something does work exactly like it did in the past it’s coincidental. Watch the reaction
E: Past is prologue, and bots have made markets somewhat even more predictable. History may not repeat, but it certainly rhymes, because markets reflect human emotions that remain constant : fear and greed. Look for completion targets and exhaustion areas