How to read a chart and trade properly

NZDUSD Daily and Hourly

Dow Daily and Hourly

and OIL Daily and hourly I dont think I will bother with USDCAD or Copper I wont be able to keep track if I have too many. Back Monday US Session

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EURUSD Hourly I will be looking for short positions. The target for this down move is D where AB=CD also the 1.217 ext of AB also the median line. In this instance I'm drawing the Fib from the tails usually I use the bodies. The alternative scenario ab=cd would be the fib drawn from the bodies. This may affect the C Pivot for the fork we will see if we can work it out as PA develops

and lets see if GBPUSD hourly start to turn up here if it does the target would be D where AB=CD if not it could be a change of behaviour

USDCHF hourly I will be looking for price to retrace to C find support and begin a new impulse leg to D where AB=CD

NZDUSD Hourly I would expect price to retrace to the 50-80% retracement area before beginning a new impulse leg to D

Oil Hourly Price is on its way to D where AB=CD

Dow Daily We are at D where AB=CD I'm expecting the Dow to take a breather here to about 18K before resolving to new all time highs

Oil Daily and Hourly All the forks line up reinforcing the trend, Target for the Daily is D around 52+

and how do you work that out? Your assuming I'm assuming that but I'm not. I do understand the relationship between MMs large speculators commercials and small specs thanks

Yeah ... sry I read too fast, message removed.

Subscribed. Can you please define your entry and stop loss criteria?

Do you only trade when price retraces to 50-80% what about if it only touches the 50% and take off?
When to break rule 1?

Thanks!

XAU Hourly long, target is D where AB=CD

NZDUSD AB=CD

NZDUSD expecting retracement to C before impulse leg to D where AB=CD

USDCHF C adjusted to 50 Fib of AB target at D

AUDUSD Target for next leg is D where AB=CD

USDJPY target for next leg is D where AB=CD