yes it can be done ....but how can you make money:after all that is the objective, not to be called an expert or a guru you will be wrong 6 times and right once ...so you need a very high risk reward so that is why some traders just do not bother. i like calling tops and bottoms and so i trade M1; there are more tops and bottoms...but if there is no bottom in place i do not wait for it, i short. What i am saying is that i am not a king not a GOD, i accept that market is the KIng. market gives me money! you give me money i will accept that you are GOD
For op why your thread in 2018 can be sooooooo important? because this current top on Jan 26 is not just a 1-min, 1-hr, 4-hr, daily, weekly or monthly or quarterly top. It has the potential to be a yearly top starting from the 1700s United Kingdom data and splicing US data from 1800 to current
Anybody here who can’t call a top on the 1-min. chart raise your hand. Trend followers can call it after a 23-38% correction. If you can call it with just a 10% correction you’re already way ahead. Then narrow it down Same-o for all tineframes, fractals
yes but the one min time frame reversal will go for 40-50 ticks I did not say, a bottom on the one min chart, will reverse a ten year, down move. i did not spell it out because i was under the impression that traders will understand the meaning time frame and what to expect out of each time frame. my fault: i did not know the level of traders who would read my post
i am not here to make calls . i am here to help those who accept my help and believe. I trade to make money not for prestige
No, the centuries call is not for trading purposes, its for safety, self-preservation during the Depression oh magnitude greater than that of 1700s, 1929. Trading will be pointless because we won’t get paid. Brokers will by definition go broke and abscond