I've been in the trading game since 2007. Out of all the concepts I've studied, Kewltech has been the deepest and most frustrating rabbit hole I've ever ventured down.
What is strange though, is I keep returning to the concept of progression, momentum and legs, support lost and gained, even if I've ventured off to look at other trading styles. Kewltech has such an captivating beauty to it. Many have failed to master it, falling at the first hurdle of turning everything into a MACD divergence buying/selling opportunity. But having been in communication with some of the original guys a few years ago and listening to them talk I'm utterly convinced it's the real deal.
After years of banging my head against the wall, I've started to fit a lot of the jigsaw pieces together. They always say, "Progression is the hardest part to learn", it's true but it's not that complex once you have a robust understanding of what trend is, what momentum is, what support is and resistance. Progression is really just does two jobs. It turns the market around (like an cargo ship it takes some time) and it does so by clearing the path by pushing at the support/resistance points that were part of the trend you just traded through.
I'd like to document some of my journey here and bring Kewltech back to life.
The blog isn't around anymore for many people - and it is a complex read, much of it doesn't make sense. I have made progress by leaving it alone for long periods of time, learning other concepts and subjects from different angles and then returning to re-read the blog again. This is how I've made progress.
I've had some big leaps forward. The biggest in the last year was to stop trying to learn Kewltech on 5min charts and tick charts!
I'll kick off with CL - actually it's just the spot rate in MT4 - but it will do.
Let's see how it does.
What is strange though, is I keep returning to the concept of progression, momentum and legs, support lost and gained, even if I've ventured off to look at other trading styles. Kewltech has such an captivating beauty to it. Many have failed to master it, falling at the first hurdle of turning everything into a MACD divergence buying/selling opportunity. But having been in communication with some of the original guys a few years ago and listening to them talk I'm utterly convinced it's the real deal.
After years of banging my head against the wall, I've started to fit a lot of the jigsaw pieces together. They always say, "Progression is the hardest part to learn", it's true but it's not that complex once you have a robust understanding of what trend is, what momentum is, what support is and resistance. Progression is really just does two jobs. It turns the market around (like an cargo ship it takes some time) and it does so by clearing the path by pushing at the support/resistance points that were part of the trend you just traded through.
I'd like to document some of my journey here and bring Kewltech back to life.
The blog isn't around anymore for many people - and it is a complex read, much of it doesn't make sense. I have made progress by leaving it alone for long periods of time, learning other concepts and subjects from different angles and then returning to re-read the blog again. This is how I've made progress.
I've had some big leaps forward. The biggest in the last year was to stop trying to learn Kewltech on 5min charts and tick charts!
I'll kick off with CL - actually it's just the spot rate in MT4 - but it will do.
Let's see how it does.
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