Disliked{quote} Thank you for your answers. Sorry about question 2 the auto spell on the phone made it impossible to understand. Let me try again. If you use the high of the initial swing low at the bottom of the Euro chart you will wind up with a datum line at around 1.57. Then if you continue plotting the new datums at the 61.8 which is broken I wind up with a final datum at 1.16. I am not sure why your datum is so high up on the chart? Also in terms of a reversal, do you ever look at a breach of the new datum in the opposite direction as a sign of a...Ignored
- Joined Aug 2009 | Status: Just trade it! | 1,230 Posts
Money is made by sitting, not trading. Jesse L. Livermore