DislikedPrice DOES go in any direction, even if trending nicely. It has its own squiggly way to move from one point to another, and as soon that point has been reached, it comes back again zigzagging to a lower point than the start if it's trending down, or a higher low if it intends to keep on rising. Or the inverse sometimes.
If you watch shorter timeframes, you can see that there's a decision being made almost every 10-15 pips, do we go up, let's try lower again, etc.
Support and resistances are being broken, then tested, and retested, and maybe re-broken...Ignored
- Post #6,402
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- Feb 19, 2009 10:39pm Feb 19, 2009 10:39pm
Listen to the whispers....
You may learn something
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- Feb 19, 2009 11:27pm Feb 19, 2009 11:27pm
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- Post #6,410
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- Edited 11:46pm Feb 19, 2009 11:33pm | Edited 11:46pm
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- | Membership Revoked | Joined Aug 2008 | 106 Posts
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Deprive a man of everything and you give him nothing to lose.
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- Post #6,417
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- Feb 20, 2009 5:41am Feb 20, 2009 5:41am
Deprive a man of everything and you give him nothing to lose.
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Trading methods are designed to put the odds in our favor, not predicting.