SNX - SYNTHETIX - My Thoughts On What We Are Seeing Overall...
In this video I take a step back and some small profits and go through a few waves logically.
The process of elimination I use in this video is to show you the train of thought that goes into how I see the waves.
Fractal patterns are extremely difficult to predict without the use of some methodology.
How do I know that? Because even with the use of one it is still difficult, but not impossible!
It depends on how determined you were to learn it or create it in my case.
In other words I always believe that it's not the my methodology that is inaccurate but rather my interpretation of the waves whilst using it.
So here I go through all the things that even other people might be looking at and slowly eliminate the potential for that outcome.
This is all based on probabilities and potentialities so persistence and good risk management is key.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser, I suggest using this only as a guide. Always do your own research.
The process of elimination I use in this video is to show you the train of thought that goes into how I see the waves.
Fractal patterns are extremely difficult to predict without the use of some methodology.
How do I know that? Because even with the use of one it is still difficult, but not impossible!
It depends on how determined you were to learn it or create it in my case.
In other words I always believe that it's not the my methodology that is inaccurate but rather my interpretation of the waves whilst using it.
So here I go through all the things that even other people might be looking at and slowly eliminate the potential for that outcome.
This is all based on probabilities and potentialities so persistence and good risk management is key.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser, I suggest using this only as a guide. Always do your own research.
