Perspective: The Bungee Effect.
I wanted to quickly put together a thought I have had for some time.
I understand that when certain EMA's/SMA's cross on specific timeframes it can be seen (sometimes) as a Bearish/Bullish indicator.
Yet no move is 100% guaranteed to work out each time. That is because we can't see the entire image.
We are only just looking at a piece of the puzzle and claiming that we understand what's going on.
Each time we focus on a certain indication, we could unknowingly be in the middle or even start of a deeper move waiting until the conditions are right.
I just wanted to put this out there. Please feel free to let me know your thoughts and perspectives.
Everyone has a universe within their heads, which means you can see something or connect certain dots in a way another person cannot even imagine.
Never be afraid to speak your mind or believe your way of thinking is wrong. No one is correct, but everything is relevant to a degree.
I understand that when certain EMA's/SMA's cross on specific timeframes it can be seen (sometimes) as a Bearish/Bullish indicator.
Yet no move is 100% guaranteed to work out each time. That is because we can't see the entire image.
We are only just looking at a piece of the puzzle and claiming that we understand what's going on.
Each time we focus on a certain indication, we could unknowingly be in the middle or even start of a deeper move waiting until the conditions are right.
I just wanted to put this out there. Please feel free to let me know your thoughts and perspectives.
Everyone has a universe within their heads, which means you can see something or connect certain dots in a way another person cannot even imagine.
Never be afraid to speak your mind or believe your way of thinking is wrong. No one is correct, but everything is relevant to a degree.
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