Hi Guys,
As far as I understand Murrey Math is based on Market Movement and turning points. And believed that with mathmetical calculation, he can know where the point will be. When I combine it my method (It is also based on the mathematical calculation but more simple ), it gives the same point as MM.
For instance: For gold analysis I wasn't sure if it will hit 1764. But I was sure that it will hit between 1754-1764
This was for long term or swing trading (1H TF), I am a day trader, so I analyze 1M and 5M TF. When I analyze it, I see the perfect order of every movement.
I downloaded the book by Welles Wilder. His book is also dedicated to market perfection. I will read it. Thank you for the book.
This is for GU for next week.
I got one or two lesson every week but this helps me a lot. Maybe next week will be last lessons.
I have been doing this for four weeks.
I will be in this thread party.
As far as I understand Murrey Math is based on Market Movement and turning points. And believed that with mathmetical calculation, he can know where the point will be. When I combine it my method (It is also based on the mathematical calculation but more simple ), it gives the same point as MM.
For instance: For gold analysis I wasn't sure if it will hit 1764. But I was sure that it will hit between 1754-1764
This was for long term or swing trading (1H TF), I am a day trader, so I analyze 1M and 5M TF. When I analyze it, I see the perfect order of every movement.
I downloaded the book by Welles Wilder. His book is also dedicated to market perfection. I will read it. Thank you for the book.
This is for GU for next week.
I got one or two lesson every week but this helps me a lot. Maybe next week will be last lessons.
I have been doing this for four weeks.
I will be in this thread party.
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