No Fundamental considerations are taken into account with this system.
Announcements and what have you will not change the outcome of what the market was already preparing to do and are accomodated within the system's technical analysis with extreme accuracy.
Many concern themselves with
spikes and even try to guess the direction or
straddle them and some do real well with this fundamental approach. But those
spikes are features of corrections or breakouts from
consolidation (correction) zones which play their role in this system prior to the final trend failure as trend challenges. Trend challenges provide the information to the technical setups which will then allow location of the signal in the proper place.
Also these may be broken down smaller as main pivot points used as starting places to apply the steps (again this is all time basis relative).
Cheers,
Cyclon
8- )
PS. Since this is a new approach the best way to apply it is by doing the steps and allow the discovery process to flow from there.
A consistent thread emerged from email support questions which showed me that the more analytical the person the more they would have a tendancy to 'take the long way home'.
This (I hate to use it but have no better description) "type" of person almost always would resolve to understand every nuance of even the sub-structure of the mathematical relationships which I do not fully understand. Then the reasons for each and every step would be explored. Now this is going to slow things down to a crawl but eventually the 'AH HAA' moment comes as the application begins to happen after a comfort zone was reached.
Now I am somewhat anal and understand this and also it is not a good universal description of the tendancy because the fact is you can't pigeon-hole people's tendancies and operational preferences into a narrow field as it would seem I have done. I do not think anything is that basic and certainly think people are immensely complex. But if taken in broad groupings there are tendancies which correlate with other tendancies.
Now if taken together with the concept of communication / interpretation previously discussed you can see where this could get really drawn out. That really should not dissuade someone because the opportunity is a flowing river and wherever you jump in you'll be moving with the flow.
fundamentals provide kicks -
08-25-2008, 03:52 PM
08-25-2008, 11:43 PM
What timeframe? -
08-26-2008, 07:49 PM
Linear Mode
