MURREY MATH lines trading indicator
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The Murrey Math system is not a crystal ball, but when implemented properly, it can have predictive capabilities.
Because the Murrey Math rules are tied to the Murrey Math geometry, a trader can expect certain pre-defined behaviors in price movement and this makes Murrey Math lines from my own humble perspectiveis, a true and powerful leading indicator.
By recognizing these behaviors, a trader has greatly improved odds of being on the correct side of a trade. The overriding principle of the Murrey Math trading system is to recognize the trend of a market, trade with the trend, and exit the trade quickly with a profit (since trends are fleeting). In short, "no one ever went broke taking a profit"
An now lets see true things in action, trading and trying to understand as much as possible on how actually Murray Math lines works and how to use it.Attached it is a very well know drawing, but mostly ignored! Most probably there it is a reason .We should take this graph representation into account and relaying on it so lets see from where to start!
But, again! MM-line is not a crystal ball, it can have predictive capabilities and we can expect certain pre-defined behaviors but lets see ...
The squares are marked by my self as points of maximum interest and where actually we should look for entry opportunities.
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MURREY MATH lines trading indicator
Market Sales Price: $99,but we sell lot more lower than that to share the opportunity with you!
Serving Professional Traders Since 2008
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