The next setup is one of the most reliable and profitable ones and that's where a line is broken and the price comes back to that again. That's the place where we enter the position with a good rr and we can be confident that our position will hit ...

Sorry guys for delay but I'm always short of time. I own a small business and not to mention a 24/5 job, which is trading and if I have any other time I either study the market or play poker so it's hard to find time to continue a thread especially ...

The second type is where the first wave is (so) gentle than the second wave and most of the time wave 2 is too volatile and move very fast and also it's much longer than wave 1. In this situation if you draw the line from highs (in bearish) and lows ...

Before I post next subject later, let's see if anyone can guess or draw a trend line in the next situation. Next situation is a situation that happens lots of time and it's where the first wave is less steep than the second wave. Most of the time we ...

Now that we know how to draw lines and what priorities we have in choosing timeframes, we are going to talk about the types of lines that we should draw in various types of waves. In this method we draw the lines based on the volatility and slopes ...

Sorry guys for delay. I hope I can find more time for this thread. So far we've addressed the method we need to draw our lines. In this post we're going to talk about timeframes. First of all, as I said before, in this strategy we should analyze the ...

The following example is a resistance line but the same rules are applied here too. Of course there are some other things like the size of a wave or in other words the number of candles that should be considered when we draw a trend line. Most of ...

These are some examples of drawing correct trend lines. I've explained in the pictures why the trend lines are correct or incorrect. I have to say one more time that the exactitude of choosing candles is the main factor in drawing a correct trend ...

The reason that people talk about technical tools like you is that they probably don't know what the tools say. Knowing what they say is far more important than using them blindly. When you know them utterly you don't even need them. For example ...

The most volatile currency pairs are GBP/JPY, EUR/NZD and GBP/AUD. The least volatile currency pairs are EUR/GBP, NZD/USD and EUR/CHF.

First of all, neither of these guys in the picture are you cuz you're a stupid coward and not a fighter at all. Fighters don't hide things. You hide your statements and positions as well as yourself when you have to answer rational questions. Those ...

Hi guys In my previous post I talked about finding the right period for our MAs by using previous wave and sometimes waves (bottoms/tops) by the means of symmetry. Now I'm going to show this with some pics. First we need to pay attention to previous ...