Trend Reactionary Numbers Natural Contraction & Expansion
Updated
Through trail and error and years of experimenting I discovered that Price movements determine FUTURE Price movements. Markets have a dominate tendency to exhibit support and resistance at price points defined by percentage increases and declines of past Peak to Trough movements and vice versa. I was able to approximate the ideal ratio values to determine these future points of support and resistance . These levels have become my propriety Trend Reactionary Numbers that through natural market movements need to be adjusted. You will ascertain with the help of my TRNS that market movements assemble themselves into a few conspicuous types of action that have a certain orderliness. This orderliness is the price expression of human nature, or market psychology it is where we get to watch what drives traders to do what they do. It is a picture of the most powerful human habits. The habits of Fear, Hope and Greed are all charted out for us to observe and take advantage of.
Trade active
Additional TRNs that I didn't think would be needed, however this market is a bit hot!
"Experienced traders control risk, inexperienced traders chase gains. Always remember
There are only 3 rules. Rule number 1:- Protect Capital. Rule number 2:- don't forget rule number 1. Rule number 3:- Losing an opportunity is minor Low risk Idea 1st!
There are only 3 rules. Rule number 1:- Protect Capital. Rule number 2:- don't forget rule number 1. Rule number 3:- Losing an opportunity is minor Low risk Idea 1st!
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