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?
The Diamond Pattern is for Theta Burn on the weeklies,
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;...