Re: Nine buck beans and a true 1x1... *PIC*
Pretty cool lines there...thanks for sharing and showing how they are made...
There is a lot of power in drawing lines...I know most that see my lines really scratch their heads and don't see it...even when I try and explain them...
Most important is that I do it in a way that takes away my bias thinking...just follow the lines stupid...is what I tell myself. If I don't get out or in a trade when a line breaks...then it is on me...not my method.
I'm currently in the Jan contract but I'm thinking on switching to the July. I really like the play on the July weekly to a 25% line-from the high to the low on the last major swing.
Here is how I create what some call an imaginary trend line using three pivots.
Best of good trades, Spike