ES - S&P500 Fractal Coincidence?
The Pattern:
Sometimes it's too obvious to call it a coincidence.
The Pitchforks:
And as you can see, knowing how to use a tool can help to make intelligent decisions in trading.
The short time-frame:
The Pendulum Swing:
The Trade:
What if the trade fails? What if this fractal pattern is not playing out as expected?
Then it just was a trade.
Trading doesn't mean that current facts are an insurance for future outcome.
And that's exactly why you have to know your tools and protect your money.
Sometimes it's too obvious to call it a coincidence.
The Pitchforks:
And as you can see, knowing how to use a tool can help to make intelligent decisions in trading.
The short time-frame:
The Pendulum Swing:
The Trade:
What if the trade fails? What if this fractal pattern is not playing out as expected?
Then it just was a trade.
Trading doesn't mean that current facts are an insurance for future outcome.
And that's exactly why you have to know your tools and protect your money.