FOREX - Trends, Forecasts and Implications (Episode 5: July 2011) - page 265
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on tc 3 candles at 6 o'clock, on H4 there will be 5 candles (temporary filter)
Do you know the TS? I need some help to understand it. I understand the time frame, I do not understand the compression. How do I understand the 10-point compression at 50 pips? If I got it right, it means when price reaches 50 pips, SL is moved to Breakeven and then when it reaches 10 pips towards TP, SL is moved from Breakeven to TP by 10 pips. Have I got it right?
Do you know CU? I need a little help figuring it out. I understand the time frame, I don't understand the squeeze. How do I understand a pinch of 10 pips in a distance of 50 pips? If I got it right, it means when price reaches 50 pips, SL is moved to Breakeven and then when it reaches 10 pips towards TP, SL is moved from Breakeven to TP by 10 pips. Have I got it right?
You got it right.
Do you know CU? I need a little help figuring it out. I understand the time frame, I don't understand the squeeze. How do I understand a pinch of 10 pips in a distance of 50 pips? If I got it right, it means when price reaches 50 pips, SL is moved to Breakeven and then when it reaches 10 pips towards TP, SL is moved from Breakeven to TP by 10 pips. Have I understood it correctly?
'It's a matter of looking at the wave - maybe you need to move the SL: -8 pips. What is 50 pips? I consider the Euram step to be 140 pips. (I may put 0.5 lots at a half-step for convenience)
There are clear rules in the system.
EURUSD buy 20 pips
( Closed at 16:50 )
I wonder how many people are in the baja, as I said yesterday - we may not have time to close.
I consider the downward trend as a short-term one, I will not give exact figures - I am not a clairvoyant))), maybe 1.4130, maybe, as Tantrik said, 1.4050, but we will move upwards at least in the medium term, i.e. not less than half a year.
I wonder how many people are hanging out in the bays, as I said yesterday - there may not be time to close.
How is it even possible to go into buy now ! ))))
You ask how many people stocked up last night)))
Ask how many people bought last night)))
There as it is, on the waves correction and in the days of waves is not visible yet, ie, will still go down to form them, plus, the square said that 2011.07.27 high and 2011.08.02 low (if I got it right). Although Avva (from the Gunn branch) that he will fall to 2011.08.11, but let's see ))))))