Are you trying to trade the methodology ET99 has been discussing?
: Fair Enough! :p
I think you are correct if all that cheap credit doesn't get deployed. But deflation would be ultimate nightmare for the banks. Just imagine all...
Got cut up by the blades...
ET99, Thank you very much for sharing your HSI approach. I like your method, it's completely logical. I'll let you know how I do after getting...
10:06 on your chart being the rolling over of 20ma uptrend to downtrend. (e) on your chart is the turning of a (small) uptrend to downtrend....
At (e) the 20sma is flattening out at the end of an uptrend. Waiting for stoch to hit 50 (instead of entering sooner) helps to confirm a return...
ET99, Thanks for posting chart. Have a question: At (C) on chart you say "if Stoch went above 80, then wait for it to return to below 80"...
>>>>There are buyer at the top, but there aren't any at 1 tick past the top. At least for now...
There is some else on the other end every derivative position. As some one said the $$$ changes hands when things shake up. When it "disappears"...
OK. So your average 'scalp' is 50 pts or so? Looks like that happens pretty quick with HSI...
Scuse me, I meant to say 5 lots? Scalping for 4-5 tics or so?
>>>Fair enough..
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