Dislikedit's probably just best to call it a decision point from now on (Actually, that makes a lot more sense). {image} {image} {image}Ignored
This is why when we first chatted on Skype I posted the picture of the fairground strength meter. It may have seemed like a curious image to post into a trading chat but behind this image lies a really important point. Flags and all of the other glitzy chart patterns only exist as a result of the addition of a time element in our charts, and are therefore subjective (I know we've already spoken about and kind of agreed on this point but I feel the need to press it a little further).
Again, I'm not saying that we can't or shouldn't use chart patterns. But first, we must think of price in the same terms as a fairground strength meter. Price can only do one of three things;
1. Nothing
2. Go up
3. Go down
I'll leave it here for now because I don't want to complicate or confuse.
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