maudur » Sat Dec 06, 2014 12:19 pm wrote:Hi,
I need to understand about wavy lines.
Steve has posted this image (I included some numbers to my questions):
In your booklet Bob shows:
So, I don´t understand why Steve say for example at point 2 in your image "on TOP: we are exiting into downtrend". At this point was wavy lines with big red arrow. For me it´s a contradiction with the Bob statements in your booklet.
Someone can explain me please?
With regards,
Maudur
Hi Maudur,
Please read this post by Elixe talking about the wavy lines, the buffers that store them and what they mean (http://www.stevehopwoodforex.com/phpBB3 ... 06#p105306)
Then re-read Steves post you are referring to. Then read them both a few more times. That should help clear things up for you
If not I'll try and help out a bit more