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Old 07-11-2008, 07:36 PM
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johnnykanoo johnnykanoo is offline
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here I got this from ff, its post number 8
http://http://www.forexfactory.com/s...ad.php?t=95328
if this link doesnt work follow elang's link earlier on this thread.
do you understand this system? im looking over all the examples and I sort of get it but then i think im off. i see P1 where the price breaches the line, I see P2 where price corrects. but P3 is a little confusing to me. when elang refers to "pivots" what exactly does he mean because the examples seem to be subjective. I can't see consistently one extreme or the other or a median price of the wave. Im still trying to figure it out.
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