not actively trading just building long sword this ny session.
noted
e/u 2210-20 area.
au 8662
gu 4841
noted
e/u 2210-20 area.
au 8662
gu 4841
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DislikedIn your picture, e is under c.... this is can be bearish...
See, what the price do after what you think is impulse.... Speed...? What is the behaviour... Watch time, how quickly price moves.... and where are some zones of "obstruction". When you can see slow motion one direction and after some time quick big candle opposite direction.... So into your picture i wouldnt implement attack....
And i would like to add, that you have to be "elastic". because when not, you will be with mega ball somewhere..... These rules are not "predictions".......Ignored
QuoteDisliked- If wave EF retraces then i would be forced to invoke rescue 5 and I go into rescue mode.
- If EF did not do that then the instance of the attack would be in wave EF, and if the dance dictates that I am in alignment with the daily trend and both the short charts, It would require that I would attack full force 5, 11 before the break away r/s point( normally somewhere in the mid of AF's range, and would be drawing the attack total of 16 in batches as we test into the r/s depending on the volatility whereby the market is taking that r/s out.
Then...
DislikedFana, your picture is incorrect. Based on what you have drawn, you are in attack mode not rescue mode on ef. Rescue only is it retraces on ef. Please be careful with this stuff.Ignored
DislikedNo. Based on your picture, you are not in rescue but have flipped your postion to south. If you are going to rescue, wait for the south move to complete and then go into rescue.Ignored
DislikedNo. Based on your picture, you are not in rescue but have flipped your postion to south. If you are going to rescue, wait for the south move to complete and then go into rescue.Ignored
Dislikedthanks for clarification.
It's clear now.
But can we flip it as Fana's picture?Ignored
Dislikeda pretty good move what do we need to keep in mind for tomarrow ?
what is she telling us ?
any thoughts?Ignored
DislikedSure, but you might want to close the long positions, too. Trading changes in trend can be difficult, and requires some skill. Caution is advised.Ignored
Dislikeda pretty good move what do we need to keep in mind for tomarrow ?
what is she telling us ?
any thoughts?Ignored
DislikedIt tells us that many people cried today
this looks like a key reversal and an outside bar on the daily, am I right? But there is still time to the close of the day.
@ Fana
I just want to tell you that the good uderstanding of the market structure is very powerful. The skews come later as a complement to your trading. When you master the foundation (market structure), then you can practice the attacks and rescues.
I'm saying that because I think you are in the situation I was, before I understood fti's words on market structure. I was...Ignored
DislikedI think these types of trading discussions are very helpful to those of us who are trying to put it all together.
For me I think I tend to get caught up in all the detail and in my efforts to preserve my capital, I spend a lot of time jumping in and out trying to avoid the need to rescue.
I made pips shorting the usd/jpy in today's session because I could see the possibility of a break of support at 89.98 coming up. I first entered at 90.50 and spent a lot of the time on the way down jumping in an out in case my reading of the move was incorrect....Ignored