hi, just glancing at your first chart i can see
- x is not at an extreme
- you’re using meta trader which is ill suited to trading these patterns
- your CD is not ≥ to your AB
- no supporting trendline/msrt lines/pivots/additional patterns to support your D points
as a newbie you probably did not do a top down analysis on higher time frames either
there are probably other mistakes too you are making that i cannot see.
you have a lot of work to do.
honestly, looking back, when i was just starting out i was making many of the same mistakes. this thread is not very active now so you will need to keep going through the thread a LOT so you can pick up on what you are doing wrong, you were fortunate geodawg offered some assistance, usually i do not see him here. …you will often need to be able to pick up on what you are doing wrong yourself by reading and re-reading the thread. TBH, i can hardly come down hard on you …because it took myself a long time to see the mistakes i was making. General rule of thumb, if you are not profitable then somewhere you are making mistakes. Also you need to read a lot more of this thread. I appreciate it’s a long thread, but not enough information is contained within the first few pages.