ProfLogic's Method

This doesn't count the current Long from the 854.50 bottom either . . .
Got to love this volatility and liquidity.

 

ProfLogic: I tried doing a search of your method with no success so far. I'd appreciate a link. Thanks.

 

Sorry, this is a LFZ (link free zone).
I'm not a sponser, just a helper.

 

I was only looking for a link to a thread in ET. In any case, I found it now. Good stuff.

 

Hopefully this will end up being a better thread than anything else you might find related to what I do.

 

I thought that prime low is the lowest low when oscillator is in the oversold area . Please, explain if I am wrong .

 

Hey Hombre,

He is referring to a specific Prime Low as it compared to the previous Prime Low that was higher. That would make his referred Prime Low as a Prime Higher Low.

Price creating a Prime Higher Low has the greatest potential, at that point, to test and breach the previous Prime Higher High . . . which it did.

 

once again...

crystal clear

 

wider view for perspective...

 

I'm glad you're liking this.
Give me a couple minutes and I'll post a scalpers chart for today up to current.