Steve Griffiths
12-05-2005, 12:02 PM
Hi Everybody,
I have been asked to explain what I mean by an "ideal pattern", when filtering the TS1,2,3 automatic set-ups.
The chart below is a perfect example. Please note how the ABC is made up of 3 clear, clean and "obvious" swings. This is what I like to see, a nice clear clear 3-swing pattern.
As you can see, this resulted in a great tarde as the YM declined sharply into the third profit target
Steve
I have been asked to explain what I mean by an "ideal pattern", when filtering the TS1,2,3 automatic set-ups.
The chart below is a perfect example. Please note how the ABC is made up of 3 clear, clean and "obvious" swings. This is what I like to see, a nice clear clear 3-swing pattern.
As you can see, this resulted in a great tarde as the YM declined sharply into the third profit target
Steve