AW EURAUD Analysis - On-The-Fly Analysis at Small Degree...In this video I start off by giving you the bigger picture and then descend into full blown on the fly chatter...
These are my thoughts whilst I am analyzing small degree moves especially when they are as choppy as the current Wave E.
If you get bored listening to this video, then you probably don't understand the level of reasoning that goes into pulling apart the waves.
Every single wave has its place and needs to make sense in the way it connects to the rest of the structure.
It becomes harder at the small degree because there is a lot of noise, and you need to keep a lot of waves in memory as you run up and down the move.
This video might seem like it came at a good time, but we still need to see a few more small degree waves unfold before a short idea can be produced.
That is why there is a difference between my analysis videos vs my long or short trade videos.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
