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Learning about how the .681, 1.618, 2.618, 3.618 and 4.618 interact to create supper charge support/res. Any theories out there on the mystery of the 1.65? is it related to the .5? Does it take into account the rounding errors in the golden ratio?
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The Diamond Pattern is for Theta Burn on the weeklies,
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Upon and examination of a 5 or 10 or 20 year S&P 500 chart I understand why my financial professionals advised a hold strategy during any down periods (2008) given the amount of years I had left to earn and invest. They also had a plan on how to optimize the amount of risk my portfolio was taking on or off as time passed. In trading the time functions condense;...
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