With our ideas of rotation and momentum finished there appeared to be no new problem to work on. In some sense its obvious what problem we should find ourselves working on next: understanding and organizing the combination of forms these fundamental ideas produce as a consequence. The plethora of possibilities appears endless, infinite at our onset but entirely within our ability to process.
Today we've analyzed one such pair as we try to absorb the ways in which our ideas have combined into sense and understanding on the chfjpy.
Good Trading.
A short explanation of some upcoming trading ideas on my watchlist at the moment.
Good Trading
A small idea that I thought might only take 20 minutes to walk through turned into another long stroll in the forest. Out the other end we've returned with some valuable items. The trade idea proposed was since taken on the audnzd pair giving us some evidence. One trade is hardly enough data to draw and conclusions from but it is a good sign. This trade is up around $1800 when I took half off.
Some general conclusions here are as follows. Trend lines are necessary for rotation. Rotation does not exist within the bounds of 1st pullbacks. Momentum is the only influence we ought to acknowledge within this space. Beyond the 1st trend line break we obtain probability and only then do patterns emerge as we know them. Some patterns only acquire meaning through rotation. The s-wave derives meaning from both spaces.
This new trade category is unnamed currently along with the pennant type divergence. These two objects will be named shortly.
Audnzd trade screenshot below:
Good Trading