An interview series with Glenn Neely, Part 2 of 3

Interviewer:
Hello, traders. This is Bud Fox from GreedandMoney.com. Today, again I have the privilege to have the well-respected expert Glenn Neely on NEoWave and Neely River theory here with me. This is the second part of our interview regarding Neely River Trading Technology. In our last discussion, we covered the focus. Neely River theory has three different types of traders, and how to trade the market depends on whichever trader is dominating the market at the time. Today we are going deeper into exactly how Neely River theory works.

Glenn Neely:
I’ll go into some different aspects of it and make some interesting comparisons to Wave theory, which will probably be very intriguing to most people. I would like to pick up a little bit about where we left off from the last interview to bring people up to speed. Then we can move on a little bit.

Interviewer:
Sure. Please go ahead.

Glenn Neely:
Last time, we talked about the comparison of water flowing through a river with gravity being the primary force – and prices moving through a market with money being the primary force. I had shown two different charts, one showing fluid dynamics in a river. Then I compared that to the three zones that this creates in a river. We have a wave of turbulence near the north bank, a wave of turbulence near the south bank and more directional action near the middle of a river.


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Neely River Trading Technology, та самая, о которой Glenn Neely рассказывал в предыдущем топике (Introducing Neely River Trading Technology: A Paradigm Shift in Market Trading (Part 1))

P.S. Первоначальный риск на сделку — 1%, в эквавиленте ~500$.



UPD



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