Showing posts with label fractals. Show all posts
Showing posts with label fractals. Show all posts

Friday, January 23, 2015

let the fractals help you!!!

and by the way guys....i recommend u study fractals.....i have lately started using this as one of the indicators/ways to confirm whether it is time to step out and/or reverse.....(i misjudged it myself when i wrongly stepped out yesterday, none of its fault)

https://www.youtube.com/watch?v=bNxt298VVOw

this is an old video of bill williams lecture on the subject......

i had ignored it earlier as i found the success ratio doubtful....besides my obsession with rsi and william%r...

but now, when i was confronted with the dilemma of when and when not to step out, i desperately needed a solution. none of my existing indicators could give me a suitable answers. and then i recalled this video and got the solution.....

---------

poor Bill Williams and Welles Wilder don't know how bloody potent their discovered trading weapons are.....fractals and rsi, respectively......for the only reason that they got v less time and opportunity or energy to practically implement them to the degree that would have revealed the exact usage and situation when their discoveries would work best!!

---------

the beauty with the theory and concept of fractals is...that the markets themselves decide the points when their move should be considered a bluff or non-bluff