DislikedBy saying to break out the wedge u mean to break out the trend line aren't u?Ignored
Trade what you see, not what you think.
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DislikedBy saying to break out the wedge u mean to break out the trend line aren't u?Ignored
Dislikeddaily bearish, 1H QQE very close to geting below 50 line, 4H still bulish so maybe some rise to 243 like you say and after that we will see.
I just want to know if I got it right with Fibo levels, that I read on babypips.
fibo levels for last rally:
241.84 resistance 23.6
241.15 support 38.2
240.60 support 50
240.05 support 61.8
fibo levels for the drop since 20th:
243.15 resistance 38.2
244.65 resistance 50
Plese tell me if i got them right
ThanksIgnored
DislikedYep, but if we zoom out the chart, the 2 trendlines cross each other so therefore its called a wedge, if they don't cross each other.. it's called 'channel'Ignored
DislikedDon't you think we have already broke out on the downside????
I don't see this changing until 240.50ishIgnored
DislikedI'll wait for this 1h candle to close and 4h candle will close tooIgnored
DislikedI would think we will hit 240.15 before anything else, base on the chart just posted by karmostaji.Ignored
DislikedI would think we will hit 240.15 before anything else, base on the chart just posted by karmostaji.Ignored
DislikedI haven't attempted this system but was curious so i've been following along since the beginning. My question is that i thought i remember auslanco saying that with his system he only made 6-8 trades per month. the statement was made when offering to make auto trades. Are we too anxious to be in a trade or are these extra? I just didn't know if these are based on the same 6-8 trades per month or more aggressive.
Anyone who knows can answer. i didn't know if aus is sleeping.
thanks, LoriIgnored
DislikedHi Lori,
A looks for opportunities where he can make 300-500 pips profit. I think his frequency comes from there only being so many of those opportnities in a month. However, we appear to be in a highly variable period, with lots of opportunities to make (and lose) money.Ignored