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lets change our line to this as the market has dropped so much. Also, note that there was no lower bar near, so I moved it to the high of the bar previous at same height. That gives the extra room the market needs usually. This will get me reversing again.
Can you help answer these questions from other members on NexusFi?
long again and new line to use. This principle is based on the ew wave theory that the beginning of wave start a line and that line should then cross the end of wave two. That will indicate wave five in progress and time to change direction. Not perfect, but it works.
here is a bigger view of the picture. The consolidation up and then down, most likely to the low. Short again and will hesitate going long on the next one.
broke the line. not what I expected, but my opinion does not much matter when trading. Here is the new line and yes, I took an 150$ lost on that trade.
I saw you said you were having problems with posting but I'm not sure what they are.
Did you get it working the way you want?
The way you're posting charts now, they are in the thumbnail section below the text. Someone can still read them easily enough by just clicking on it, but if you want to display the chart in the body of the post, here's how:
1. Save what you want to post and bring up the attachment screen, as you are currently doing. Choose and upload the file.
2. Once you have uploaded it, click the "Embed" button. This will place the image at the location of the cursor in your posting window:
3. This is what you get:
If this is what you were looking for, that's how to do it.
Back on track, I think. The Eclipse was my fault. I should have known that wave A is motive, wave C will be complex and it was. Still looking to revisit the low and here is my new line.
A equal C then the one should turn it. This is the line to reverse my position to long. The closer it gets to the lower yellow line before engaging the more confidence I will have.
A equal C then the one should turn it. This is the line to reverse my position to long. The closer it gets to the lower yellow line before engaging the more confidence I will have.
