EURUSD - Trends, Forecasts and Implications (Part 2) - page 581

 
Ekonom:
What technical analysis do you use: fractal function, candlestick analysis or something else?

Fractals of all times...
 
barfly13:

By fractals of all halves...
do they say anything about the timing of execution?
 
Ekonom:
do they say anything about the timing of execution?

Unfortunately, they don't...
 
barfly13:

Unfortunately there is no time...
Have you heard of Chuvashov? He developed a technique of technical analysis based on fractals, he called it TAACH-3. I haven't had time to study it myself yet.
 
Ekonom:
Have you heard of Chuvashov? He developed a technique for technical analysis based on fractals, he called it TAACH-3. I haven't had time to study it myself yet.

I should probably not discuss those details, because they are not related to the subject at all, but I will say the following: tach and mine have something in common, but it's not target and entry definition itself... And then I think the most serious flaw in the touch system is the essence of confirmation of breakthrough or rebound, it's highly debatable!
 
barfly13:

Probably not the place to discuss these details here, as it is completely off-topic, but I will say the following, the touch system and mine have something in common, but definitely not the definition of targets and inputs... And then I think the most serious flaw in the touch system is the essence of confirmation of breakthrough or rebound, it's highly debatable!
got it... the price does not go to 1.3570, it rebounds to where?
 
Ekonom:
got it... Except the price is not aiming for 1.3570, is this a bounce? to where?

Yes, I think the rebound, waiting for 3812 at least and then maybe 3860... It is better to ask wave-drivers on small timeframes, they see accurately...
 
barfly13:

Yes, I think a bounce, waiting for 3812 at least and then maybe 3860.... On small timeframes it is better to ask wave makers, they can see more accurately...
I had a candlestick analysis i suggested a sell with SL 1.3798 and TP 1.3632, i did not go in, thank god
 
Ekonom:
I had a candlestick analysis induced sell trade with SL 1.3798 and TP 1.3632, I did not enter, thank goodness

Well maybe it's a normal trade, but where do I place the stop correctly?
 
barfly13:

Well it might be a normal trade, but where to place the stop?
No SL would have worked, now it's offered at TP 1.3850 and SL 1.3737