RE:RE:RE:RE:RE:this trading pause may not be refreshingThanks foir the insight into how a momentum trader thinks and operates. Very interesting! And what you explain, along with the technique you describe to help you with your decision making good sense.
Obviously, there's still a lot of room for error, perticularly if someone has a bias one way or another, when convergences take place, and could still lead to a wrong decision if someone is in to much of a hurry to make a judgement on future direction.
And then, you have unforseeables,
That said, I find this new post as interesting, as I found your previous one presumptuous since, as you explain it yourself here, the dowtrend the scaled EMAs indicate is pretty weak right now, may not be confirmed for a while yet, and could just as easily reverse very quickly.