Sure I understand.
Take a look at this last chart. It is the same 60 min chart with the pivots put in (daily, weekly, monthly) as well as my own "line in the sand".
I like to work from this setup. You can see price move to "test" these lines and then it either takes them out, or fails. Either way I am going to get on the bus, especially when price is moving away from either the top or bottom LRC channel.
I hope none of you guys steal my edge. I would like to use it a bit more.
Edit:
By the way, and this is just an aside....the last time I posted something like this, one of the village idiots posted right after me suggesting that my edge was a "head & shoulders" formation, implying that this was of little or no value. hmmmmn.
Take a look at this last chart. It is the same 60 min chart with the pivots put in (daily, weekly, monthly) as well as my own "line in the sand".
I like to work from this setup. You can see price move to "test" these lines and then it either takes them out, or fails. Either way I am going to get on the bus, especially when price is moving away from either the top or bottom LRC channel.
I hope none of you guys steal my edge. I would like to use it a bit more.
Edit:
By the way, and this is just an aside....the last time I posted something like this, one of the village idiots posted right after me suggesting that my edge was a "head & shoulders" formation, implying that this was of little or no value. hmmmmn.
