DislikedHere you go maryfx. It was expected that every newbie would do this exercise on their own. It's the practical interpretation of this threads strategy. Study the charts and try doing it yourself. Hope it helps.Ignored
Thank you, Paul
Attachment
Attachment [/quote]
Very good attempt Paul! But in my opinion, until you're very comfortable with the core basics of this strategy, don't bother yourself with such issues like previous day high, fibs, hammers, engulfing bars, inside bars, consolidation area, and stuff like that for now. I've just posted the analysis for the SAME chart you're talking about and I didn't make any reference to any other factors but the EMAs. Stick to that until you're profitable. Then you can begin to think about other factors if you still feel it's necessary by then.
PATIENCE PAYS. TRADE SAFE.