UNDERSTANDING WAVE ANALYSIS , WHY,WHERE,WHEN!
Hi Guys, I am posting this USDCAD chart to show how wave analysis works. If you have been in any of my webinars you would know why I am ONLY looking for sells in the USDCAD chart. If you still don't get it well sorry not my fault. Yes a "fellow" said I got is all wrong, LOL. When the daily analysis says it will go down because you are in a daily correction, it could take weeks and months in the correction before the next impulse down. Can anyone predict the end of a correction ,yes, sometimes you get it to the pip, but sometimes the correction becomes more complex and NO ONE can predict that and you don't have to. All you need to do is find a sell set up and sell!! eventually one of these sell setup will fall like a rock! While you are at it selling you still make good profit as you can see more then 2 to 1, but when you get the final sell and it falls you will double your account!!
I don't have a crystal ball, I do analysis and yes sometime I do see a fall way before it happened, but I don't sell until I get the setup to do so! I posted charts that says wait for a sell/buy setup that never happened , sure, but then you are not in the trade. We will all do the comunity a good if we post our views even if it the opposite of another trader's view. If I see a view I strongly disagree with, then I share my view, let traders choose.
WHY SELL- because of daily correction
WHERE TO SELL- At the top of correction
WHEN TO SELL- When you have a setup to do so.
I will repeat this every time and yes some I will lose.
I don't have a crystal ball, I do analysis and yes sometime I do see a fall way before it happened, but I don't sell until I get the setup to do so! I posted charts that says wait for a sell/buy setup that never happened , sure, but then you are not in the trade. We will all do the comunity a good if we post our views even if it the opposite of another trader's view. If I see a view I strongly disagree with, then I share my view, let traders choose.
WHY SELL- because of daily correction
WHERE TO SELL- At the top of correction
WHEN TO SELL- When you have a setup to do so.
I will repeat this every time and yes some I will lose.
YouTube: youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q/videos
Facebook: facebook.com/ProwaveTrader
Training : add to skype mangal457
Facebook: facebook.com/ProwaveTrader
Training : add to skype mangal457
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