Quote:
Originally Posted by lopezpaulopez
Murrey Math is not the holy grail, but the performance of properly, can predict the price movement. Since the rules Murrey Math tied to the geometry, the trader can expect some predefined price movement. Recognizing these movements, a trader increases his chances of finding the correct side of the market. The basic principle of trade Murrey Math, can be defined as - to define a trend in the market, trading in the trend, and a quick exit from the trend with a profit (because the trends are very short).
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I always hear about murrey math, but never heard it explained yet. Could you elaborate or is that pretty much it?