Disliked{quote} {quote} Thank you and fantastic video you posted! I use Ninja Trader it's a free download and you can pay for data or set something up with the partnering brokers. I use FXCM and have a direct feed they are my broker as well so I am able to execute my trades right on Ninja Trader. {quote} As I have mentioned in the past and perhaps in the video, News as far as I am concerned is nothing more than a period of volatility. I got out of the trade because of the price action and not the news. News spikes can affect your position but you never...Ignored
I have being studying the pattern setups and looking for examples. I am currently looking at the NU 1hr. If the dominant pullback (B) closes above the 78.6% (of X-A) is it a valid pattern setup? There seems to be an area of confluence at the 127.2 extension (of X-A, D?) especially in the history with PA halting in this zone regularly.
Hopefully my chart isn't too cluttered and can be understood.
As the lights go by so too do the shadows move