- Price directly above EMA (25, close)
- Price approaching strong support … Pair has only been able to cross once since June of 2017
- Price retraced to 0.5 fib level, may continue on previous down trend
- Price directly above EMA (25, close), following tentative downward trend line
- Price retested EMA (25, close), respected support and appears to be going up - Price not yet overbought - Could possibly form a double top
In this screencast, I review my ideas on luck, chance and risk. I do not depend on luck, hope or targets in my trading. This has appeared rather strange to some I've been in contact with recently. I say that sensible trading for consistent profitability cannot depend on luck. Yes - it involves taking carefully risk-assessed chances and controlling loss. I...
You can find many websites, even free books of Elliot Waves Theory. But if you read it by on eye, can understand its kind of shamanistic predictions. law of the universe - from small to big, law of complication and development. To build waves, should start from max. minimum time frame -1 min. than 1 min group in 5-15 min, than to 30 min, 30 min group to 1 hour,...