Yes Emilio you answered my question and I hope other “forkers” fully.
You are an excellent and patient teacher proving that good analysis is more of an art that a science.
Happy Trading and we’ll see if the FOMC’s decision gives flight to the yellow metal markets as it has in the past.
We have to differentiate between art and science.
To me art is when a certain work or action don't have to follow any rules. So when I kinda free-flow in the analysis, then it's probably a part of art. Even if I have the rules in mind, but not following them 100%.
But when I trade, then I follow the rules, which are based on science. And these rules are based on an axiom. And an axiom is accepted without controversy or questions, because it's proven by science. :-)
So we have to
a) know what and why we do "it" and be
b) sure that we follow the rules when we do it and
c) do it in the same way every time (that's what the rules are for)
Again, thanks Steve and happy trading.
Your production mateial is very very good.
Consult: How did you determine the ML line in these example?
Die Answer is in the video ;-)
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