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Do any of you traders have any recent experience with Will Schreier and his Valhalla Futures trading course? His website is up, but I can't tell if he's still taking new students or not.
Thanks!
Can you help answer these questions from other members on NexusFi?
Good day, but did not stay at my goal. Seven trades, four profitable and one scratch and two for fifty loss. Caught the major trends for the day. The market hit major support going down and bounced up. We have a channel but could get broken to return to the brown line on bigger chart, or last chart posted. Other wise it should be mostly up. If it goes south I would like to see seventy two percent retracement as the turn point.
Notice the high under the red arrow. You will see fourth wave clusters every where, but the market will not go below or above the last fourth wave. If it does, the end is near. Sometimes the market will just blast, but most of the time it will go back about 60-72 percent if not revisit the low. I shorted this one and will watch intently on the blue line Hopefully, by then it will indicate the pattern so one has an idea where it is turning. This trade could be very profitable or just a short one. I am hoping almost to the low.
What's a fourth wave? Where is it? I can't tell by looking at these screenshots. There are waves inside waves inside waves. 4 up down bars in a row can be waves... it's all fractal. Unless labelled no one can tell.
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I hope this clears it up. Yesterday down move was the beginning of wave four. That is wave A. Today upside is wave B and then Wave C coming and going down. Wave A was impulsive and so C will be an abc pattern.
On this chart the upper red line would be destination, if the top last night is not broken as that would be a wave C of the abc going up. Would then be a wave C failure. I do not think it will happen but may I hope that answers your question. .
Left of the green arrow is wave A coming down. Right is wave B going up. I target the red line as I measured wave a of this larger B wave and moved as wave a =c in length most times. If it fails it usually ends at the a high. The .day of the trade would be Wave C but it is a complex wave. Because Wave A, left of green arrow was impulsive, so most often The other wave, C in this case will be an abc or complex wav.
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