Today I wish to discuss my intraday trading method based solely on both Intraday Topping/Basing levels and Reversal levels. I am quite sure most of them are aware that PA is a process of which price moves from level to level thereby forming distinguishable patterns. Hence we all know patterns like H&S Double top Double bottoms, butterfly, crabs higher highs & higher lows, fake-out, etc etc. of course just knowing these patterns alone is not robust enough to make a good trader, One must be able to know when PA is topping when it is climbing and basing when it is declining. Topping and Basing do not automatically means that Reversal will happen BUT for it to happen PA has to top or base first. Whilst Topping and Basing levels are dynamically contingent according to PA as nobody can predict where PA is finally going although there are levels which can give us a rough idea, Reversals are fixed at a fixated levels whereby the Breach and Hold levels are located.
All my trades are based on this method and this method alone. Perhaps you would like to tell us what method you use to trade.
Pls note that details on the respective levels WILL NOT be revealed or deliberated upon by anyone. Just a general descriptions will suffice.
Cheers
GS.
All my trades are based on this method and this method alone. Perhaps you would like to tell us what method you use to trade.
Pls note that details on the respective levels WILL NOT be revealed or deliberated upon by anyone. Just a general descriptions will suffice.
Cheers
GS.