DislikedpipEasy,
I love the simplicity of all your observations! I have been drowning in the 200 things and look forward to implementing the 1 thing as soon as I find my own.
I think I am nearing that one thing on SR flips, meaning when S becomes R so your recent line chart can simplify that further by removing the candles/bars. While I anxiously await your compilation, I am committed to practicing this and stripping the fluff from trading to all its simplest common denominators as you have encouraged us to do.
Thank you for your return and I hope...Ignored
I remember your s/r chart from previous exercise and you are well on the right track.
Just like the spinning girl picture, I honestly believe when a trader combines ema lines with candlesticks they are purposely choosing to confuse themselves and the sad part is they dont even know what they are doing.
I can trade effectively with just weekly 5ema, stacking positions, and diversification.
Banks probably take less than 10 trades a year as the sheer amount of capital they control is cumbersome to move around quickly.
We drive sedans but the banks drive 18 wheelers. We can turn corners easily but they need alot more room to turn. Think about this.
The biggest myth alot of traders have on this forum is that 'you cannot trade like the bank cause they have more money.'
That is completely wrong, and you can definitely trade similar style to large managements and also create a big 'growth.'
I know its possible cause Im doing it.
Sincerely,
Graeme