I can feel it too. It Is palpable. Of course the monsoon and stolies gold helps... No we didn't touch it...lol
Does this mean that your methods( rockets,wash, etc) can't be or shouldn't be used to trade just indexes of etf's ?
I am thinking of risking more and taking shorter term positions. Maybe even up to 4% per trade. Hitting 10 opportunities a month, if my win/loss came down to to 2:1, would yield about 8% using 2% risk - obviously higher the more I risk. I am confident I could achieve 10-15% average per month if I hit 10 opportunities with 4% risk - compounded, over 200% per year.
Just charts and price action... Charts (plural)... it's very complicating... Becomes "comfortable" with time. In terms of automated trading systems, what is very "simple" like chart patterns, we discretionarily proclaim, becomes a very complicated code. For example, it's easy to say "Trend is UP" and have "a lot" of people agree. But coding that becomes very complicated due to fuzziness of the human perception towards a categorized market move. There's a difference between "Comfortable" and "Simple". I'll keep my response "simple".