“Those who have knowledge don’t predict. Those who predict don’t have knowledge.” Lao Tzu, Chinese philosopher, 6th century BC

PAYPAL

Thursday, 25 April 2013

OVERALL STRUCTURE

So far my EW counts like this with a May target.  Its close so there is a need to start watching our indicators very carefully.  Hence if your style is swing trading then you should use our Mid-Term trend and use the Short-Term trend to trade when they are in sync.  What I mean by this is that, if your Mid-Term is UP, then you only trade the Short-Term trend that is UP.  If your Mid-Term trend is DOWN like it is NOW.  Then you would let the Short-Term trend rally and trade or enter on the DOWN signal.  EASY AS PIE...

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