Sunday, November 28, 2010
Core Elements of the Strategy
The Strategy incorporates four core elements:
1. Floor Trader's Pivot Point: For determining the Intra-day Market Bull/Bear Biases.
2. Market Profile: For determining the Intra-day "Type of Day" and "Type of Pattern" to expect.
3. Average Daily Range: For targeting entry and exit points.
4. Pattern and Geometry: Incorporating Fibonacci number series and wave-set geometry
1. Floor Trader's Pivot Point: For determining the Intra-day Market Bull/Bear Biases.
2. Market Profile: For determining the Intra-day "Type of Day" and "Type of Pattern" to expect.
3. Average Daily Range: For targeting entry and exit points.
4. Pattern and Geometry: Incorporating Fibonacci number series and wave-set geometry