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Have not taken the course but basically his approach is:
very short term commodity trading, where in areas of
congestion he identifies an area of what he terms hard
support (anything with a pair of matching lows, especially
that has been support/resistance before), and then buys
the break out of the lowest bar's high that led into it. Sells
with a target at first resistance, using same method. It's
very crude and simplistic, IMHO.
His Thingy is apparently a simple observation that markets
tend to make their highs in the first week of the month. ....
........well, if it makes money for him.........
MScheier
Ian Waugh wrote:
> Has anyone taken Mikey's course (www.mickeysmethods.com) or know what his
> "Methods" and "Thingy" are? The survey at www.commoditycentral.com shows
> him in a very good light. I suspect that his methods are discretionary
> rather than mechanical though.
>
> Anyone any info about them?
>
> Cheers,
> Ian
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