Dislikedyes my friend, 22.5 , 45.0, 67.5 of Cube of 9 that actually also angle of every corner of both contrarian triangles to their center... at FACT we called it 'Arm'.
and 'show you' any possible directions.. from any point you place it..
I hope you notice that same color 'meaning' same direction..Ignored
I was just saying to selym_co in his thread, he focuses primarily on 45░, that is only one of many. It is not 'more' important than the others. What matters most is what angle the price 'mood' is following in any given situation. It is not tii dufficult to see when it chooses a different angle.
Something else I noticed is that many people seldom zoom out to max to see the 'general mood' of a pair. They (the prices), like us humans, have habits that they stick to. We can pretty much trust that they will continue repeating those habits. This we can use to our advantage.
Knowing exactly when a reversal or retrace is going to happen is not as important as it seems. Recognising it while it is happening is to me more important. Knowing that price is following 1:2 upward trend, but the last 4 or 5 bars show that she has swapped to a 2:1 down is a good way of saying 'close trade'. Unless her habit shows that when she goes from 1:2 it is usually only a short retrace.
The 'bigger picture' counts a lot. Panic (or other variations of fear) usually happen when we are looking at 'too close' a scale. A big reversal takes time. If your lot's used is small enough to avoid the margin calls, you can usually wait it out even if caught in it. Greed is the one that causes us to have bought (or sold) too much so our margin risks are too high.
One of the advantages the 'Big Fish' have is that they have large Capital to cover them and no leverage. They can pretty much wait out anything. It might take 3 decades, which 'costs' because the capital is not building, but if need be they can wait. We individual small fish (if we can even swim well enough to be called fish) do not have that advantage.