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Re: simplegreen post# 15585

Thursday, 11/20/2008 9:14:06 PM

Thursday, November 20, 2008 9:14:06 PM

Post# of 140146
Indeed! I think that's the main reason they call it the Beast...because it disrespects many of the standard indicators (no predictable hesitations or reversals, etc.).

My thought is that if I can (at least somewhat) learn the Beast, then when I move to other currencies, it should be "easier" to play with a more predictable pair....one that respects trendlines, and such, in a way that is expected.

Right now, trading the Beast with the Ichi Cloud reminds me of the cartoons where some character falls off a building. They crash through a few window awnings (the Ichi lines) and suddenly bounce off the very next one to go flying back upward again. Or vice versa... ;)

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