Trading Style (and a bit of history) Pt2.

To continue where I left off in Pt.1 ,Tim Morge's work with medianlines for the first time showed me a tool and technique that really opened my eyes. Prior I used to toy with lots of different indicators such as moving averages, stochastics, macd, divergence/convergence etc. All of these have merit in a particular context, but I didn't know what the context was, because I had no plan. I had no idea what I wanted to achieve other than profits. But what was an adequate profit based on a specific setup? How do I know when to get out? Quite frankly I was lost. To quote Yogi Berra:'Be careful if you don't know where you're going, because you may never get there...' That just about hits it on the nail.
Interestingly enough the one tool that I always felt most comfortable with before learning about medianlines was the good old trendline which I still consider of enormous importance. If you look closely what medianlines are made of, it's basically all trendlines. They are just used a bit differently or in a more unconventional way.
As I studied the work on medianlines, it gave me a great tool to work with and today I view it as one of the anchors in my trading. But at the time I had no idea about the overall picture. What is the state of a particular issue? Is it trending, up or down, going sideways? Is there a long term trend? Or maybe a trend on a shorter timeframe while the issue trades sideways on a longer timeframe? All questions that I either never asked or got a decent answer for.
As I was applying what I learned about medianlines, I had mixed results. I had some great trades and some that failed miserably. Not that I expect every trade to work out, but I just felt that something was missing. I was looking for confirmation. I didn't want to trade medianlines 'naked'. I needed to find areas of confluence. The first tool that came to mind was the application of Fibonacci numbers in trading. You can find a lot of information on Fibbonacci retracements in trading on the web. There've been a number of great traders using Fibonacci retracements who came up with some unique concepts.
That's where Jim Kane came into my trading life. Looking back I call myself very lucky to have stumbled upon Jim's work which is such an incredible body of work that includes completely new concepts, new facts, new numbers and it most importantly covers all aspects of trading. I was searching for some good work on Fibonacci retracements and found so much more.
I am by no means an accomplished trader at this point, but with the help of Jim's work I now have a very solid framework to work with that has proven itself over and over again to the point of astonishement and most importantly one that I can trust 100%.