When price approaches an SRV in can only do one of three things:
1. Break through and keep moving in the same direction.
2. Hit the SRV and reverse direction.
3. Stall around the SRV for a period of time.
Two of the three scenarios may offer potential trading opportunities:
1. An opportunity to get into a strong move in the current trade direction.
2. An opportunity to get in as price reverses direction.
In the case of 3, we prefer to stay out of the market until price decides which way it will eventually move.
Not all SRVs offer such trading opportunities – so a good trading system must have the capability to predict with reasonable accuracy which SRVs are likely to affect price in one of the above ways.
I have been trading securities for more than 25 years – and worked in the charting software industry as a technical support specialist for several years as well. I have talked with traders – large and small – from all over the world. I have never seen a better method of selecting potential short term trades than that of TBL.
If you like to make your own decisions about trading – as opposed to using some black box system – you should look at TBL. It could possibly make you a better trader.
TBL is fully described in the eBook, See the Music Of the Market which is available fromwww.tradingbetweenthelines.com.
Exchange rates table is provided by DailyForex.com - Forex Reviews and News
Live currency cross rates is provided by DailyForex.com - Forex Reviews and News
Live indices widget is provided by DailyForex.com - Forex Reviews and News
Live commodities widget is provided by DailyForex.com - Forex Reviews and News
Author & Trader
Thanks for the method !! Very solid, very logical entry and exit and genius SRV’s !!Denis DRussia
the SRV’s are spot on !!Tom CUSA
….very impressed with the whole philosophy – both personal and trading, expressed in the book. I will read and revert !!Richard DUSA
“The SRV’s are amazingly accurate”.Tony Texas
Great system – couldn’t trade without it !!Frank YDavid, Panama
I trade the US Bond Markets exclusively – amazed at the accuracy of the SRV’s !!George SNew York, NY
- January 2017 (1)
- December 2016 (3)
- September 2016 (2)
- August 2016 (2)
- July 2016 (2)
- June 2016 (5)
- May 2016 (1)
- April 2016 (2)
- March 2016 (1)
- February 2016 (3)
- January 2016 (3)
- December 2015 (1)
- November 2015 (3)
- October 2015 (5)
- September 2015 (5)
- August 2015 (2)
- July 2015 (5)
- May 2015 (1)
- April 2015 (1)
- March 2015 (1)
- January 2015 (1)
- November 2014 (1)
- October 2014 (1)
- August 2014 (1)
- July 2014 (6)
- June 2014 (3)
- May 2014 (5)
- April 2014 (2)
- March 2014 (2)
- February 2014 (2)
- January 2014 (10)
- December 2013 (11)
- November 2013 (20)
- October 2013 (13)
- September 2013 (14)
- August 2013 (10)
- July 2013 (26)
- June 2013 (16)