DislikedHi Robincys:
Sorry for just getting back to you.
From the chart posted, your impulse wave has way too many candles for the short that you are thinking of. I assume that it is short because of the way you drew your Fibs.
It is recommended for the maximum number of candles to be 10 - 12 and no less than 4 for an effective trade. This is a slight modification to the original Daz system.
I am sure that you will receive feedback from the more experienced guys soon.
Great to see you implementing your knowledge.Ignored
Gonna reread the thread again.
Thanks again,
Robin