Commence with Gratitude to The Most Benevolent, The Ultimate Knower;
The time cycle, which was scheduled yesterday, might manifest today. The confirmation of that cycle, is the same as yesterday. The confirmation is, that markets make intra-day high today, but close lower than yesterday. That shall mean the said time cycle has triggered the price cycle. Thus shall follow the decline in prices.
How to enter and exit the trade and protect your capital: I alway watch hourly chart for an entry to trade. One commenter, said, that readers of blog may not know, when my position changes. That commenter expect me to offer a live service………. I am merely, warning you an impeding change in the strength and trend of the markets. Being prepared for change in trend, has made several of you, tons of money, because you are able to enter the trade at the best prices possible.
Furthermore, don’t we owe to ourselves to get the confirmation of signal first. Like I said, yesterday that confirmation is market must trader higher but close lower than the day before. Plus, I have stated several times, that I use hourly chart to trade entry and exit. Money management is an important rule of trading. We ought to be alert for the markets to prove us wrong “some times”. However, if your majority of the trades are winner and one or two did not go as anticipated, then rule of money management must get us out of the trade.
http://trade-in-harmony.blogspot.com/
Syed, I always like your comments here and/or your posts on W59.
You are precise, clear, and ….right
Bernardo
You are right Bernardo and Mr Syed
These people are looser, no matter, who helps them. They are whiners, crying, unappreciative.
Thanks 🙂
There is no single method that can work all the time. Just about higher and lower probabilities. Like a surfer one has to be in tune to the the waves of the ocean.
Patrik