arun said:
Also can you explain the logic of this system?
Please open the attached chart below before reading on!
Prices are engineered by the strong hands to take advantage of the weak hands. Its always been that way, and it always will be that way, unless, somehow, human nature can find a way to change without the help of divine intervention.
Look at the attached chart below to see some engineering by the strong hands.
1 Prices start dropping down into a major low area.
2 Prices pull back and consolidate for an extended period of time.
3 Prices are squeezed even lower by the strong hands, sufficiently lower to drive out all of the weak hands. Anyone bullish on this market is now ready to or has already capitulated. During and following the squeeze, the strong hands accumulate everything available at low, low prices. The strong hands now own this market.
4 Since there is no one left to sell, the only thing that can happen is for demand to take hold and prices to rise. The strong hands sell into rising demand. The transfer of wealth eventually changes from the strong hands to the weak.
You can see this same scenario time after time on quarterly, monthly, weekly and daily charts. It also takes place intraday. Only the players and the magnitude of what takes place are different. The driving force, however, is always the same greed.
The strong players in the market are patient. They can afford to be. They know they need only a few large well-planned moves to make their fortunes even fatter than they already are.
My trading system helps to visually see what is happening in the battle between the weak hands & the strong hands. And also of course joining the strong hands (winners) in this case!!!
Open your price charts and check it out for yourself!
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