Was just observing how prices react to murrey math lines and finding some impressive price action around these lines...
Ichimoku defines what is the equilibrum price levels and MML defines what is the price extremes. So when prices go to any extremes we should be ready fade the price back to equilibrium. Once the prices are in equilibrium meaning inside the cloud, we can then make use of ichimokus trend follwing method to trade..
Any comments are welcome...
Ichimoku defines what is the equilibrum price levels and MML defines what is the price extremes. So when prices go to any extremes we should be ready fade the price back to equilibrium. Once the prices are in equilibrium meaning inside the cloud, we can then make use of ichimokus trend follwing method to trade..
Any comments are welcome...