Roy..measured move would be a .618 Fib as a guide or larger.
Thus 6-7 pts which has been achieved thus far. Don't get
consumed with measured moves and instead focus on objective entries
and managing the trade.
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SPX 10
Posted by steve on 30th of Dec 2014 at 01:40 pm
$SPX - Chart Link
Bear flag finally getting some downside.
What is a measured move
Posted by junkie on 30th of Dec 2014 at 01:43 pm
What is a measured move down? A bear flag is typically a half-way pattern.
Roy..measured move would be a
Posted by steve on 30th of Dec 2014 at 01:52 pm
Roy..measured move would be a .618 Fib as a guide or larger. Thus 6-7 pts which has been achieved thus far. Don't get consumed with measured moves and instead focus on objective entries and managing the trade.