..... when i mentioned the Golden Line/alarm. Anyway, it is just a name I gave it.
There are still many things to be discovered when looking at the chart. Playing the 'D' is one of the things I found to be useful. But when I first encountered it, I did find it silly.
This 'Golden thingy' also looks silly at first, until I backtested it. Somehow, I think it is a way that the MARKET MAKER is trying to tell the whole world that they are indeed in charge. Hey look, I can do whatever I want!
Let's ALL make some money. I can see a low risk, HIGH reward situation here.
Good luck.
There are still many things to be discovered when looking at the chart. Playing the 'D' is one of the things I found to be useful. But when I first encountered it, I did find it silly.
This 'Golden thingy' also looks silly at first, until I backtested it. Somehow, I think it is a way that the MARKET MAKER is trying to tell the whole world that they are indeed in charge. Hey look, I can do whatever I want!
Let's ALL make some money. I can see a low risk, HIGH reward situation here.
Good luck.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.