A few posts back Razor Trader and takingthepip where discussing PC's referral to "tipping points". I remember reading that and at the time I was sure he was making a reference to Malcom Gladwell's book "The Tipping Point".
Now the book has nothing to do with 4X per say but it is (in part) about mass psychology and that is what Tech. Anal. is all about.
I think PC was saying that when the factors that move pairs compile and display themselves mathematically on a chart, then it is time to enter a trade. You have reached the "tipping point".
At least for me. Any thoughts on this.
PS. Everybody go back and read RT's post #8478 in this thread. One of the best.
Now the book has nothing to do with 4X per say but it is (in part) about mass psychology and that is what Tech. Anal. is all about.
I think PC was saying that when the factors that move pairs compile and display themselves mathematically on a chart, then it is time to enter a trade. You have reached the "tipping point".
At least for me. Any thoughts on this.
PS. Everybody go back and read RT's post #8478 in this thread. One of the best.