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Saturday, February 25, 2012

How I Timed CHI

CHI ( no. 6) Almost the same as OV, but shorter period. Maybe it will continue going up or down. Who knows for sure.
For me, it does not matter. I pay strict attention to price action.

If you click the link below, i posted the huge spike from 2% to 20% intraday.

http://tracer-tracer.blogspot.com/2012/02/example-of-money-management-reset-3rd_21.html

This sense of knowing that you were wrong even before the market tells you becomes, in time, rather highly developed. It is a sub-conscious tip off. It is a signal from within that is base on knowledge of past market performances. Sometimes it is an advance agent of the trading formula. Livermore

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