CJ is the master. Happy birthday and thanks again for everything you've given us on this thread
Took a few small losses on the way up but the reversal came eventually.
UJ Trying to look at it the way you guys do. On the 240 it looks like it could be starting leg 2 after a consolidation or it falls back into consolidation. Is this how you guys see it?sympathy » Wed Nov 04, 2015 4:00 pm wrote: As you can see the pair is trying to resect for another circle but we are still in level3 that will later turn to level 1. its all about studying the chart movement. soon you guys will understand it better but remember am still learning too.
Like i said before, that pair is reseting i don't want to trade it because there is no signal for an entry.maybe tomorrow everything will be clear.FXe3 » Wed Nov 04, 2015 5:41 pm wrote:UJ Trying to look at it the way you guys do. On the 240 it looks like it could be starting leg 2 after a consolidation or it falls back into consolidation. Is this how you guys see it?sympathy » Wed Nov 04, 2015 4:00 pm wrote: As you can see the pair is trying to resect for another circle but we are still in level3 that will later turn to level 1. its all about studying the chart movement. soon you guys will understand it better but remember am still learning too.
When you say resetting, what do you mean? With the lack of experience of looking at the charts like you guys, it looks like either leg 2 is starting up, or an M top is forming. I just have no idea, and don't know what clues to look for that should swing the probabilities one way.sympathy » Wed Nov 04, 2015 4:52 pm wrote: Like i said before, that pair is reseting i don't want to trade it because there is no signal for an entry.maybe tomorrow everything will be clear.
Sympathy does the pair reset when the price makes a new peak higher or lower than the one before? :hi:sympathy » Wed Nov 04, 2015 4:52 pm wrote:Like i said before, that pair is reseting i don't want to trade it because there is no signal for an entry.maybe tomorrow everything will be clear.FXe3 » Wed Nov 04, 2015 5:41 pm wrote:UJ Trying to look at it the way you guys do. On the 240 it looks like it could be starting leg 2 after a consolidation or it falls back into consolidation. Is this how you guys see it?sympathy » Wed Nov 04, 2015 4:00 pm wrote: As you can see the pair is trying to resect for another circle but we are still in level3 that will later turn to level 1. its all about studying the chart movement. soon you guys will understand it better but remember am still learning too.