Tuesday 11:10est is another strong signal for SPX, SP 500. If someone will take a look at it, all you do is to watch divergences develop and try to decide on a direction of a trade . Majority of these signals are reversals, some were suggesting to use them as a pullback entries with existing trend. Walter
No fibonacci . I have developed a math formula which measures size and length of previous and recent swings and then projects result forward and then confirming it with a geometrical method( fancy name for a bunch of trendlines ). Good thing about it is that by using simple divergence method to determine direction you can use very tight stops and accuracy is above 80% . Thanks, Walter
Nothing wrong with that, I just do not want to be chained to the screen for a whole day . By using my method, I have identified areas with 80% possibility of profitable trade and can ignore the rest of the action if I choose to do so . It gives me more control and less losing positions. Thanks, Walter