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The idea is to pick a side based on the action you see. You are not allowed to use a chart of any kind or look at other instruments (for the model I proposed, no problem if you just want to focus on random entry with MM).
The idea is to focus on the speed of price and pausing as well as keeping track of areas with pen and paper.
Think of this similar to that of playing chess in my mind without pieces or a board. Or for some, maybe tick tack toe
Thanks for the reply . It is different from your original suggestion but you inspired me to think outside the box and for that I am grateful . I do agree with you in that understanding size and speed of participation in any given market is the greatest edge of all . Trading is a game in which you are either manipulated or manipulating and focussing on the manipulator will give you the advantage .
Check out my nifty little 'RPM' indicator in the downloads section. Shows when speed is picking up, which is a little hard to spot sometimes on non-time charts, but also slower time charts often don't give warning until after that huge bar has formed as such.
trade2win has been banned. While some of his posts were informative, I found him to be rude and offensive overall, and found him to want attention and controversy more than he wanted to help other people.
Mike
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