Today in the chat room a member was describing how they could see direction but had trouble finding entries. Of course, my initial response was that if you can really see direction on one time frame, all you need to do to get precision entries is to look at other time frames as well (of course easier said than done, but that's not the point of this thread). Then it hit me. Of course that could have been the second cup of coffee taking affect too
. It's exactly like GPS. One satellite doesn't do much. It pretty much can narrow you down to what side of the globe you are on. Add another one and maybe it can narrow it down a little bit more
depending on the distance and location the satellites are from each other. When you add the third satellite your position can be triangulated accurately if you know your elevation. Add one more and you have precision. I can picture the book cover already
. As you can see, I posted this in the "General Discussion" area because it is more of a caffeine driven rambling instead of serious trading discussion.
ADDED: Again, just a fun thought. Not meant to go into how to read those time frames or how to find the area of least resistance.