October 7, '04. the Momentum Bounce and the Falling Away


Thursday: Momentum Bounce and Falling Away are just two of the ways from Valhalla Futures techniques that opening trade action in the futures can signal a trending day. Since these patterns are a classification of chaos rather than geometry, it takes more practice to see them. To supplant the decision support necessary to use chaos patterns, we add rules based on relative price. The course Pivots, Patterns and Self Recognition cover these rules in detail so that exact setups can be derrived at what others may only see as chaos.