DislikedHello, I've spent some time puzzling over the paragraph quoted below, but I remain confused. " This up trend had began on June 23rd with the H2 Parabolic flip at the opening price of 124.212. It travel 460.8 pips and closed with a high of 128.820. It turned and headed south and gave up just under 140 pips with the Parabolic flip and then stop mid-term for a swing; and headed north again. This means you had just under 140 pips from the low of the turn at 127.430 to the high 128.820 of 139 pips. If the market breaks 128.830 it is not a higher high...Ignored
Your biggest problem is over-complicating things.
Lets start from the beginning. EMA and ROMAR crossed on 16th June. Whats the rule when EMA/ROMAR cross? The market will retest ROMAR. The market did exactly that. Then we had spaghetti around ROMAR with EMA/ROMAR too close together.
On the 23rd June, PSAR flipped for the up, with EMA turned up. So we had the four horsemen all set for the up.
From then until 29th June, PSAR never flipped. Then the PSAR flipped and market retraced, put in a swing, and PSAR flipped agin for the move to the previous high. Which is the double top.
What is so hard to understand about that my friend?
Hope that helps!
Shaun
Nobody can be told what The Matrix is. You'll have to see it yourself.
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