Sunday, February 27, 2005 10:25:14 AM
synchronous elements in technical compression #3...
If convinced technical compression is underway and simplicity is a concern, my butterfly method usually works. Areas incircled in yellow are compressed. A convincing intersection of the ma and midline offers signal. While this does not generate the best of exits, it does offer one. And having an exit is better than not having one.
If convinced technical compression is underway and simplicity is a concern, my butterfly method usually works. Areas incircled in yellow are compressed. A convincing intersection of the ma and midline offers signal. While this does not generate the best of exits, it does offer one. And having an exit is better than not having one.
There comes a time when you define the moment, or the moment defines you. - Tin Cup
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
