SNAP using Forks the wrong way
In this chart you see a Fork that seems to work great.
The touches at the lower medianline parallel are perfect...but it's a self-deception if you use the Forks this way!
Don't try to fit the market into your tools, never never!
And why?...because you get faked information, leading to wrong decisions, leading to bad trades and to bad losses.
What you need are the REAL facts.
The real information that your tool is meant to provide you.
Let me show you a real way how to approach this chart with the philosophy of Action/Reraction, the method behind the Forks in my latest TradingView Blog (see link below this post).
Happy new week and as always...learn to earn §8-)
P!
The touches at the lower medianline parallel are perfect...but it's a self-deception if you use the Forks this way!
Don't try to fit the market into your tools, never never!
And why?...because you get faked information, leading to wrong decisions, leading to bad trades and to bad losses.
What you need are the REAL facts.
The real information that your tool is meant to provide you.
Let me show you a real way how to approach this chart with the philosophy of Action/Reraction, the method behind the Forks in my latest TradingView Blog (see link below this post).
Happy new week and as always...learn to earn §8-)
P!
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.