Jack wants you to discover things on your own as it makes things much more concrete in your head. When people get things for free, they do not put value in it. Here is a hint for trend paces. In a rocket, the stoch is taped between 80-100 and 0-20. Try to figure out where the stoch is taped in a medium and slow pace. :eek: jc
Okay, fair enough. Right now, I'll will stick with the angle of slope, as this has been very effective thus far.
I am not saying to lose the angle approach. Just add to it. Once you get down some sequences for slower paces, you will see that everything fits together(including angles). hope you have that rocket short . jc
Just left it ( early), at 992 The reason it was early was because my nearest C&R stop was at 999.25, and I didn't wait for point 3. I will see how much I left on the table, when I do my homework tonight.
If trend appears lateral, yet there is no point 3: Wait for point 3 Consider holding rocket as an iceberg Wait for DU or VDU
990.00 Reason: Point 3 appears at 10:05 bar. Failure to traverse at 10:15 bar DU at 10:20 bar Stoch now clearly out of rocket zone. Clean channel break at 10:30 bar. Cost of early exit was 2 points.