My position on the 'wiggles': if the wiggles are correlated, go for it.
What is the market trying to tell us? If you see something that makes you think twice, but you still think you know, then go ahead and pull the trigger. You will find out if you were right or wrong in judging what the market was saying, and the sum of these experiences will help you to become a better chartist.
Enough zen talk for now
I agree.
What is the market trying to tell us? If you see something that makes you think twice, but you still think you know, then go ahead and pull the trigger. You will find out if you were right or wrong in judging what the market was saying, and the sum of these experiences will help you to become a better chartist.
Enough zen talk for now
DislikedIf you think about it, if you have a divergence with wiggles in between on one time frame, it'll be a divergence with no wiggles on a higher time frame. Get in the habit of scanning the M15 through H4 time frames regularly to get a feel for it.Ignored
Hindsight is 20/20