DislikedHello Sir, your trading style looks interesting. Can you explain more about "reconnection" ? How to find the "reconnection price" ? To know some basic principles would be nice. And, why does price tend to reconnect ? Couldn't figure this outIgnored
No extremes no trade, this is the first requirement. The second requirement is the cycles showing the entry.
Now - sometimes the trends are so strong that the cycles don't turn immediately at the extremes, and that is the reason why the original entry has to be able to exit at least at B/E, because the connection at the end of the day is guaranteed.
This guarantee, though, is moving, just like any other moving average. It is not a fixed price. So the analysis begin with assessing the likely position of the balance within n numbers of hours, and hence guaranteeing the B/E exit.
Best time to plant a tree was 20 years ago, second best is now