Disliked....Nevertheless, I get your point; However, I am not sure how you would really see the ZIG and ZAG for this kind of move on a Longer Time Frame. I saw the bounce from .0910 and looked for the top of the bounce(Direct Play) to go LOWER with the Strong OVERSHOOT In Non-Farm. Learning....or maybe not..... Thanks for all your input this week!Ignored
Look mate to be honest with you I think you have a very heavy baggage on your back. Most of the confusion is because mixing up very simple ideas with your previous trading experience.
Its hard to address your inner trading demons (we all have them) in every single technicality but i can guarantee you after a few months chatting that your CORE issue is that you are not been able to differentiate properly the SIZE, SCOPE and TIMING of your TimeFrame you are trading.
My 2 cents, Either you micro trade in tiny intraday charts or you sit properly and trade short term swings (forget about longer than that). Whatever you choose DONT try to translate a MAJOR NFP with RATES swing in a micro trade ...don't even look at it !!! You are sabotaging yourself.
Likewise, if you want to short term swing STOP !!!!!!!!!!!!!!!!!! even PEAKING at anything below H4 not even by curiosity ... Make your TF (whatever TF) YOURS AND ONLY YOURS, so your ABC, zigzag or what have you, IS RIGHT OR WRONG, for YOU AND ONLY YOU...
Try that for a few weeks you will thank me later...
Just a quick reminder of what happened the last time we have similar discussion ...This was posted live on spot addressing your same doubts
DislikedLet me ask you a question, without taking anything else in the analysis, what would you think are the odds that the current levels (breach to the the 1.13xx) being just a wick in the Euro Weekly candle?.Ignored
sisse
Pending conversations? PM for a chat...I am mainly in OTM now