Daddybear, keep them coming, you have some nice drawing skills
![](https://resources.faireconomy.media/images/emojis/64/1f609.png?v=15.1)
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Dislikedi buy again...
i;m not bullish, but i think if this resistance break, we can go to near 1.0100
while if failed, i loss only 10pips.Ignored
DislikedNo, Papa does not worry about this. The Forex hierarchy places EW principle on the top and the probability game at the bottom. -IMHO-Ignored
DislikedBTW, the probability game is always placed at the top of every casino.Ignored
Dislikedi buy again...
i;m not bullish, but i think if this resistance break, we can go to near 1.0100
while if failed, i loss only 10pips.Ignored
DislikedThat's funny, I'm actually looking at it the other way around. My stop loss is just above 1.01. If it hits the stop, I lose 30 pips. However if it doesn't, I'm looking for a retest of 1.00. And also, I see this is as a bearish flag as opposed to a bullish triangle. It's all in the eyes of the beholder...Good luck.Ignored
DislikedNo, Papa does not worry about this. The Forex hierarchy places EW principle at the top and the probability game at the bottom. -IMHO-Ignored
DislikedEW ONLY have diagonal move, uptrend and downtrend.
market can have really vertical moves & really horizontal moves.
EURCHF for example, have flat for months now, where is EW validity here?
conclusion,
EW too is a subject of probability
it can be valid some time, but not valid at other time.Ignored
DislikedThat's funny, I'm actually looking at it the other way around. My stop loss is just above 1.01. If it hits the stop, I lose 30 pips. However if it doesn't, I'm looking for a retest of 1.00. And also, I see this is as a bearish flag as opposed to a bullish triangle. It's all in the eyes of the beholder...Good luck.Ignored
DislikedRB,
The bears are at the bull camp's gates. Believe it or not, Forex is not a game of the probability but a game of the mind.Ignored
DislikedEW ONLY have diagonal move, uptrend and downtrend.
market can have really vertical moves & really horizontal moves.
EURCHF for example, have flat for months now, where is EW validity here?
conclusion,
EW too is a subject of probability
it can be valid some time, but not valid at other time.Ignored