EU. I lean towards the most likely scenario.
1 of 2 waves up on 30m tf
1 of 2 waves up on 30m tf
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DislikedGbpchf Performed a 4 wave down (divergence) of which I can not show whole picture, does not fit in. Now, will find its low and up {image}Ignored
DislikedEU. I lean towards the most likely scenario. 1 of 2 waves up on 30m tf {image}Ignored
Disliked{quote} EURUSD 256m is due to fall. Therefore, smaller TFs must go into down trends, but not even 4m is in a downtrend yet. That is still rather far away from 32m, so 'predictions" about whether 32m will go down to begin its down trend or go down as just another pullback to buy are more like guesses.Ignored
Disliked{quote} Ok. I would only go in long if it falls below 1.0483 when i see what i suppose is to be the most acurate area. If i asked: how many sticks are 2 + 2? 99,99% would answer 4. Do we need the physical sticks to make sure weīr right? So, we have to train our mind to get the results right before its too late.Ignored
Disliked{quote} But 2 + 2 is dealing with the known and certain. Trading is more like 2 + "some amount", where "some amount" is totally dependent on the context at the moment. So, I see it as a matter of training the mind to see the relationships between time frames and then acting according to probabilities based on previous observations.Ignored
Disliked{quote} Fair enough, thatīs your approach because you donīt know what is "some amount". A few guys on the planet will know. But you can get to know. If you are convinced it is not possible then you will find or not a way to approach the best you can.Ignored
Disliked{quote} EURUSD 256m is due to fall. Therefore, smaller TFs must go into down trends, but not even 4m is in a downtrend yet. That is still rather far away from 32m, so "predictions" about whether 32m will go down to begin its down trend or go down as just another pullback to buy are more like guesses.Ignored
Disliked{quote} Just like gbpchf, cadchf has performed a 4th wave. If i am ok for leverage will go long in either of the 2 when readyIgnored
Disliked{quote} It seems like a good entry cadchf. I feel expectation from the industry. They are trying to wipe me out through gold that has made a new low. The Algorithm has been clever turning 4 waves into 3 which now became 4 again. There is not much room left ladies & Gentlemen.{image}
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DislikedEurjpy. As it stands now, turning point will be above 144.30 thus going into divergence 2,3,"3",2 and down we go. Licenciado, watch my exquisite precision from now. See if i can qualify for that job but pretensions have risen to 15 million year.Bitcoin in big trouble
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