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TFC Commodity Trading Forum

Re: June S&P/ Bumping 1380 Resistance/S.Bear

Well... I'm like you. Also a perfectionist. I research the shit out of everything - and then I don't do anything. LOL
When it does move in the direction I expected - I usually tell myself "I told you so". But, since I didn't put any money on the line - I'm safe - no matter which way it goes.

I know that you just LOVE this indicator. The way I look at it - picture yourself walking on a frozen lake (don't think that you can find one out there!!) - you hear a "crack" and watch the ice crumble under your feet. You can still walk on it - but you've been warned!! So, this is a "heads up" indicator.
The indicator is confirmed when you fall through the ice!

If you wait for extreme readings - you WILL miss most of the moves - but then - that's probably a good thing too! When you do get extreme readings you are as close as you can get to betting on an almost "sure thing". Just use tight stops and enter with 1/3 of your ammo.

Best!