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hesychast85
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Everything posted by hesychast85
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Bravo on the Swissy Tresor!! I guess there is some disagreement out there about the 1-3 and 2-4 converging lines rule. Yes, MM=money manangement and RR= risk reward. Throw Psych in there probably more than anything. Maybe it is because I am looking for a solid set up technique to set my trading rules around, and have not found it yet. I do love the idea of patterns. They seem to be somewhat of a "fixed thing" you can hang your hat on. After learning patterns, I hope to add Gann Fans to my trading in the distant future. Thank you for everyone's input in this great thread. Happy trading, Ron
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Thank you Waveslider. I came across a site called TheHarmonicTrader...I downloaded his free PDF and was wondering if you had seen his work. Think I will check out Suri's book also.. I am not constantly profitable yet due to MM and RR skills. I like the idea of these patterns (not wolfe wave) being formed by the FIB ratios. Thanks again for you input. Don't worry about the Hesychast thing....you can call me Ron. Peace be unto you.
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I am also studying Wolfe Wave. From what has just recently been explained to me, points 1-3 and points 2-4 must converge to be a valid Wolfe Wave pattern. I have not seen those converging elements in most of the charts posted on this thread. Waveslider, Suri....thoughts? http://www.traderslaboratory.com/forums/attachment.php?attachmentid=16870&stc=1&d=1261883188