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As a rule, the KISS method is the best approach to the daily commentaries. So the shorter it is, the better. Only two or three ideas, or concepts need to be presented to the trader for each day or week. If it could be reduced to just one idea, that would be even better. The bottom line is to keep the commentaries simple and straightforward, and not to clutter the the trader's mind with a lot of garbage. If there is a concept or idea in the commentary that is resonating to what you are seeing in the market behavior, then great, go with it. If it does not, then leave the commentary alone and listen to the market and go with what you see and know. Every commentary includes a price map in the right hand column. Clients should be familiar with how the price map works. The price map begins with a designated directional number (found in the middle of the price map) and is indicated by the 3 *** stars. The numbers above the directional numbers are potential resistance levels for the trading session, and vice versa, numbers below the directional are potential support levels for the session. To the right of each number there is usually a short abbreviation that indicates why that level has the potential to act as either support or resistance. Clients should be familiar with the technical jargon, so a glossary of the abbreviated terminology can be found in the Subscriber Services menu under "Technical Abbreviations." Some of the technical jargon in the commentary or the price map applies to the technical patterns employed by Structural Logic. For further elucidation of these patterns, clients should also review the samples of these technical patterns in the samples menu. |