DislikedI am pleased to see I wasn't run out of the forum for my views :-)
The only thing I would say about 50% retracement from my observations is that with the theory, yes theory, of higher highs/lows and reverse is that with a long trend the previous low shouldn't be violated, obviousle the previous high for shorts....Ignored
My humble advice: Be a master of 1 time frame. Don't need to be crossed-eye looking at various time frames.
Screw the trend - trade what you see. Have control over your trade and don't let the market screw your account.
Steve, I suggest to open up a trading journal. That way you'll have dedicated followers (I will check it out as time permits) and collectively you'll have inputs from different sources. Also if you have notice, people on this thread are precisely pulling away form math-based indi's.
Please don't think that I am throwing you off this thread. Just that in respect of indicator-free people on this thread, I would like to keep the integrity of it in check.
Thanks and good karma to you my buddy!!!
Peace