DislikedReally? What are you doing when you use fib extensions, channel lines, horizontal s/r, pivot points or any other method of determining a target? Ok so beyond targets isn't worth forecasting but the whole premise of the article is silly in my view, it's a point not worth making and the guy is more interested in selling his book than actually helping anyone. A free one on one session, give me a break!Ignored
and hello to you to, jesus!! each to their own, no big deal....personally i feel it has a very very good lesson in it that new traders can learn a great deal from. You seem to be talking about targets. nowhere in the article do they say anything about determining targets. I also don't see anywhere where the author mentions fib ext, S & R, piv pts etc etc. They are talking about directional changes and the skills the professional develops to know when that has taken place and pinpointing that spot by letting the market tell you what is taking place rather than you "forecasting". The reason i wrote "subtle post" is because in my opinion this little article holds a very good key to trading and that is to let the market tell you when to get in and get out by it's actions and not to forecast what may happen but to develop your skills to the point that you let the market tell you when that is and you recognise it.
i must be missing something cos i can't see where it says anything about a one on one or selling his book in that article??
anyway, have a great day