Dislikedhmmmmm... so your take on it is that it is either going to go up... or its gonna go down? wow I wish I had such vivid insight...Ignored
let us break it down, shall we? your complaint is that i drew a triangle consolidation...that i didnt spoon-feed you the answers(or exact direction where the market will break). what an amateur!
Take a look at previous example:
post # A. this was the chart from 15TH OF OCTOBER, 2012. Even though i was long bias...i waited for the market to dictate direction. As obvious in this post. Or at least, wait for some kind of confirmation.
http://www.forexfactory.com/attachme...5&d=1350294996
I guess what happened? it broke out...what did i do? i went to h4, and took a look at breakout - pullback - continuation...then enter. when price that has broken out, pullback to retest the confluence. I entered. easy as abc.
anyways, let us see what happened:, shall we? POST #B. THIS WAS THE UPDATE CHART FROM 16TH OF OCTOBER, 2012.
http://www.forexfactory.com/attachme...4&d=1350439377
you see how simple that was? you do your analysis....but at the end of the day, always yield to the market...because the market can piss on your analysis....that is why you need to have a contigency/scenario plan for how to react based on potential actions of the market. plan, then, execute.
like i said, you are dumb. an amateur. just useless.
--skynet
" It may mean something. It may mean nothing at all "