NZD has been on tear lately...can you see where a nice entry may have been made on the long side...and where we may have a great shorting opportunity?
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DislikedGBP has been a tough mother to trade due to so much controversy regarding brexit, Johnson, election etc.....but even so, with you establishing a swing high/low, then drawing out your FIRST square, then drawing out trend lines at 1x1 1x2 1x3 etc you establish some probable trading opportunities on a with trend or counter trend......but to finish the job...square out the initial square by using the first squares perimeters....Now you have a roadmap for many opportunities both long and short.....this is a 4 hour chart and the swings are delicious when...Ignored
Disliked{quote} Thanks a heap for this. Meanwhile am still learning, {image}Ignored
DislikedRoss Beck's Geometric Trading Course "What Moves the Markets?" Part 3 https://my.pcloud.com/publink/show?c...oUlguRFk9eQmckIgnored
Dislikedhi Diamond or any one can answer this i am trying to draw this in the Euro daily i use a trend line to see the impulse is 68% then i draw a 34% median line then i copy the median line and i put it in the upper line now i don't know how to make lower line to come 34% from the center line can someone give some indication how to go from here thanks i appreciate {image} {image}Ignored
DislikedRoss Beck's Geometric Trading Course "Fundamental Versus Technical Analysis" Part 4 https://my.pcloud.com/publink/show?c...ackxguBSjqCwlkIgnored
Disliked{quote} Jonica200, You got it man...{image}If for what ever reason it breaks below the lower parallel line add the Schiff Offset. See the Example below. Got it? I can see you've done your homework..... {image}Or Apply the {image}Schiff Lines ModifiedIgnored
Disliked{quote} Ideal trader should utilize both technical and fundamental analyses.Most retail traders like TA because they are lazy(mentioned same in presentation agreed)....it takes time and effort to understand fundamentals but once understood it becomes easier and easier then second nature. Example CNtrader appears to trade mostly TA however he is keenly aware of events and knows the calendar and often says "watching the behavior" That's sometimes escapes from casual traders eyes.Anyway interesting presentation.Ignored
Disliked{quote} Thank you Dimond sorry for late reply i Live in italy so i don't see the post until next day i do have few more question if you may answer from what i understand once i draw the median line like i did on my chart you use the Schiff Offset. even if the lower pivot is not made yet you just alignment the pitchfork to match the median line correct?? also want to ask what did you use to draw on my picture to match perfectly the pitchfork is that hand drawing or is programm thank you very much i really appreciate ps did any one see this news on...Ignored
Disliked{quote} Jonica200, I just use a pencil and a ruler and sometimes a protractor, you never need anything more then that. PIgnored
Disliked{quote} Thanks you do that for all your chart ? if yes how you manage to draw all your charts or you just copy and then you draw on the picture thank you sorry if they seems stupid question i never did hand drawing thanks ciaoIgnored
Disliked{quote} Davit, in Forex I believe it's governed and manipulated by the MM. However, when it comes to Stock I do not believe that holds true as there are much more then >10K stocks trading five days a week, but yes one must be aware of both TA and Fundamental analysis in their decision making process, Thanks DavitIgnored
Disliked{quote} Jonica200, normally I use Optuma Charting Software. You can get it through me https://optuma.com/UFM as they give me credit and I just buy additional tools in their toolset. But, once you use that software and use the tool-set to the fullest (using the Beck, Jenkins or Gann tool-set), it will have an affect upon your decision making process on Entry and Exit. You can never have enough Education. I know it cost money, but one thing I have learned long ago is: to be uneducated in any field, is the road to ruin. Trading is a business,...Ignored
Disliked{quote} There is always manipulation ... and they can make good profits if at the moment of manipulation any of us are on her side ... this I say lucky in the trade... By the way, how is your health Peter?Ignored
Disliked{quote} Marci, I am getting better everyday, thanks for asking. It's people like you that make the World a Difference. In the end, we all will be remembered by our Thoughts, Words and Deeds, especially you. PIgnored