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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj


Monday, 8 December 2014

TAS ?





TAS stands for trading against a spike,its a reversal pattern developed by Bill McLaren
after a countertrend reaction the failure of the market to regain the trend (with a new high (or low) following a move that lasts at least twice as long as the c/t move is regarded as a sign of weakness and you trade off the next signal that the impulse is failing
my only observation is that you have to watch out for triangles...

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