The General
Guest
Quote from ProfLogic:
IMHO -
If it's not naturally observed, it is manufactured. That is part of the observation process.
PA is natural if laid out correctly.
EMA and the MACD are unnatural because they are either an average (not exact) or a calculations (not exact) thus making them both traps.
Time is a trap.
Summer diminishes liquidity of the ES market but not the Euro or the grains. Know your instrument and how time effects it. (Know your combatant)
Lunch diminishes liquidity (11:30 am EDT to 2:30 EDT), sometimes. This makes it a worse trap because of its rabid inconsistency. If you know a trap has a high potential of existing, AVOID it.
The General
