yeah but the intresting with random number generator like tone uses is that you dont look for a price to close position, instead of this you look for the right time... right now at 13k tone goes bullish again if we break.
I dont know how deep you got into it.
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Yeah I am aware of the timing indicators. That is really cool advanced stuff. The question is bullish on which scale - the weekly is clearly bearish to him. Out of my head I think the 4hourly was turning bullish. But I still think he said that to turn back bullish overall we need to go over the last significant high. Will look for verification on his next video.
What is your background? It seems you have also quite a lot TA knowledge. Have you been to one of Tone‘s seminars?
I bought indicator and i am in this chatgroups.
Daily turned bullish today. For weekly turning bullish you have to wait to much longer. I consider daily as safe enough entrypoint also because we breakout downtrendline and last days had less volatility. I am continue to be long.
Have you listened to his video today? He seems to me still very bearish. Yes short term (next count) bullish though. I am thinking of attending his class and also buy his indicator. What is your experience? I think positive if I read you correctly?!
I never was at his class. Cant say something about this. But with the indicator i am very happy. And also the talk to other members is very helpful. Some got a little other view right now. Its okay.
You have to know when to enter and when to exit a trade. Thats the most important to learn. And also what is important is not to trade everything everytime. Better wait for good entries.