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Re: The Chimp`s new "Futures Scalps"
So for this new simple way of looking the same market I will use my classic 22Tick time frame on YM (miniDow) futures... only that chart, no need for larger time frames... (this is scalping)...
So let me present this menu of the info we need to extract out of a chart :
_Large direction
_Subcycles
_Timing Entry triggers
_Exhaustion hints
With that four things you are in bussiness...
This four things can be detected more easy with certain type of tools... I love interaction... if someone grasped after reading all this how it works each component of this menu... first he has evolved on market reading... second he may be ready to find optimized ways to read this same information...
I like so far the optimization of this one... didnt expect to do this work as I am on an old solid cadillac on my futures trading, but it sounds nice a little innovation...
on next post I start with "Large Direction"... cheers Walter.
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