I'm not sure anyone is going to understand a word of this
Trading is so subjective. What is glaringly obvious to one trader
is hidden in plain sight to everyone else
So often I've known traders making up to a genuine 60% pm by
trading what always seemed to me to be signals that are so
subtle that I would call them imaginary!
and yet they have such clarity in their own mind.
This system came to me only this week, its what you might call
a 'double sided' system
I hope the sc makes it clear but here goes
The PZ Megaphone system should be self explanatory:-
you see the megaphone and enter at the arrow
its a very profitable system
but you can make it extremely profitable on the higher time frames
You can by all means trade the gap between the outer edges of the
megaphone, sometimes it will go part way, sometimes all the way,
but either way it usually yields a good profit.
but what fascinates me is the psychological illusion caused by the
arrow
As soon as you see the arrow your mind is directed in that
direction unless you are especially contrarian
What I have noticed with Megaphone trades is if the price only
goes half way or better still much less, then you may be in line
for a very big win, and you can often ride the trend to the
proverbial end
if the price moves in the direction of the arrow ( it nearly always does)
but then has second thoughts before it reaches the half way mark.....
then is the time to monitor the reversal carefully - because if it reverses
beyond the megaphone outer edge where the arrow is, it usually keeps on travelling
in that direction! in other words what is often seen as a modest winning trade
is really just the prelude to the much bigger reversal winning trade that follows
as you see in the sc, this happened twice in succession!
Megaphone trades are a bit selective, they don't happen all the time, but this
bonus reversal element definitely makes them worth waiting for
I've attached the ex4. I hope someone finds it useful
Trading is so subjective. What is glaringly obvious to one trader
is hidden in plain sight to everyone else
So often I've known traders making up to a genuine 60% pm by
trading what always seemed to me to be signals that are so
subtle that I would call them imaginary!
and yet they have such clarity in their own mind.
This system came to me only this week, its what you might call
a 'double sided' system
I hope the sc makes it clear but here goes
The PZ Megaphone system should be self explanatory:-
you see the megaphone and enter at the arrow
its a very profitable system
but you can make it extremely profitable on the higher time frames
You can by all means trade the gap between the outer edges of the
megaphone, sometimes it will go part way, sometimes all the way,
but either way it usually yields a good profit.
but what fascinates me is the psychological illusion caused by the
arrow
As soon as you see the arrow your mind is directed in that
direction unless you are especially contrarian
What I have noticed with Megaphone trades is if the price only
goes half way or better still much less, then you may be in line
for a very big win, and you can often ride the trend to the
proverbial end
if the price moves in the direction of the arrow ( it nearly always does)
but then has second thoughts before it reaches the half way mark.....
then is the time to monitor the reversal carefully - because if it reverses
beyond the megaphone outer edge where the arrow is, it usually keeps on travelling
in that direction! in other words what is often seen as a modest winning trade
is really just the prelude to the much bigger reversal winning trade that follows
as you see in the sc, this happened twice in succession!
Megaphone trades are a bit selective, they don't happen all the time, but this
bonus reversal element definitely makes them worth waiting for
I've attached the ex4. I hope someone finds it useful
