Quote:
Originally Posted by elang
If anyone needs questions answered they can visit the original thread located in forex factory.
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Hi, I have studied the posts on FF and also here and at times I see what you are saying, but then on other charts I do not get it again. First of all, it appears these signals are few & far between, right? Working on the 4 hour charts it looks like maybe 1-2 per week per pair? And in several cases it seems there is a large drawdown before the payoff, I see in some instances a dd of more than the final profit.
In the chart on post #12 when price broke up through the green line, then retraced, I don't understand the placing of the first blue line .. that is not a pivot point? And why the multiple other short blue lines .. what are they?
Thanks for all your hard work, I may be just too thick to get it yet
I will keep trying and maybe check out your chat as well.