Reading price action is very important with this, the HUMAN side of this is very important, I made some profit on USDCAD just now but the price was struggling so I closed earlier than I normally would, it was a good decision. Price is up more now.
Elsaloon, In my opinion you are just 1 candle too soon, watch the RSI cross Lines or watch the zigzagm Pip Number signaling LL. cpfleger
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Hi Cpfleger,
Can you provide an example of using the zigzagm Pip number signaling? What does that look like? I don't quite understand how to read the numbers and when it will signal to take the trade.
Thank you for the explanation.
One last question does the number to the right signal the LL is formed? Is there a chance that the number to the right will start to appear and the trend continues lower, therefore invalidating that the LL has formed. I will look into this as well. Just wanted your opinion.
