Energy Coil in EMT
已更新
1. Market constantly exhibits inertia and tends to continue to do what it has just been doing. If it is in a trend, most attempts to reverse it will fail. If it is in a trading range, most attempts to break out into a trend will fail.
2. Because channels usually get retraced eventually, it is helpful to look at all bull channels as bear flags and all bear channels as bull flags.
3. If the trend is strong, the breakout may go sideways and be followed by more trending. Rarely, the breakout can be in the trend direction and the trend can accelerate sharply. For example, if there is a bull spike and then a bull channel, rarely the market will break out above the trend channel line and the bull trend will accelerate. Usually the breakout will fail within five bars or so and the market will then reverse.
4. The two most important concepts in trading are that there is a mathematical basis for everything, and that at any moment when you are convinced of the market’s direction, there is someone equally smart who believes the opposite.
Formation of energy coil is one such event (point no 3)
This is my trading journal, not a trade recommendation.
DISCLAIMER:
Trading in the stocks market or futures markets is on e of the riskiest forms of investments available in the financial markets and suitable for sophisticated individuals and institutions. The possibility exists that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose. Nothing in this analysis is a recommendation to buy or sell stocks or futures and I shall not be liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from the use of this analysis or reliance on such information. Consult your financial advisor prior to investing is stock market.
This is one person’s experience, your experience may differ. Past performance is not guarantee of future gains.
2. Because channels usually get retraced eventually, it is helpful to look at all bull channels as bear flags and all bear channels as bull flags.
3. If the trend is strong, the breakout may go sideways and be followed by more trending. Rarely, the breakout can be in the trend direction and the trend can accelerate sharply. For example, if there is a bull spike and then a bull channel, rarely the market will break out above the trend channel line and the bull trend will accelerate. Usually the breakout will fail within five bars or so and the market will then reverse.
4. The two most important concepts in trading are that there is a mathematical basis for everything, and that at any moment when you are convinced of the market’s direction, there is someone equally smart who believes the opposite.
Formation of energy coil is one such event (point no 3)
This is my trading journal, not a trade recommendation.
DISCLAIMER:
Trading in the stocks market or futures markets is on e of the riskiest forms of investments available in the financial markets and suitable for sophisticated individuals and institutions. The possibility exists that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose. Nothing in this analysis is a recommendation to buy or sell stocks or futures and I shall not be liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from the use of this analysis or reliance on such information. Consult your financial advisor prior to investing is stock market.
This is one person’s experience, your experience may differ. Past performance is not guarantee of future gains.
註釋
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。