Quote from Cheese:
But one thing is sure. You of course have to play the gyrations; buy upmoves and sell the downmoves.
Play the whole day and make all of it pay.
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Absolutely correct.
Each market "gyrates" as you call it. I call it "oscillations" and each oscillation is a specific and real point to define where price will go and with what strength toward the last previous sequential oscillation, first minor then extreme. Where the extreme oscillations define the overall trend or overall strength of the market.
A lot of time we call things by different names but they mean the same thing.
