bigg - there are MANY options in mapping and my advice is to
refrain from getting bogged down in counts and instead trade what's
in front of your in ACCORDANCE with your style of trading.
Identify support and resistance areas. It takes many
years to understand EW mapping and even then it's all subjective.
Understand that NOTHING is absolute in the markets, trading
is about probabilities. Focus on price action in relation
to support and resistance, the configuration of the moving
averages, and oscillators for oversold/overbought on the time frame
YOU trade. Better yet, avoid the indices and trade
individual stocks which are more of a pure play while simply
keeping an eye on the indices for field position. Don't
think for a second that you will be able to become a proficient
trader overnight - it takes experience and a disciplined approach.
The key is to develop and approach (consistent) that
corresponds to YOUR objectives and risk tolerance.
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I'm not clear, is 3340
Posted by bigg on 1st of Oct 2020 at 03:15 pm
I'm not clear, is 3340 an A today high a B and we are expecting a c decline
bigg - there are MANY
Posted by steve on 1st of Oct 2020 at 03:23 pm
bigg - there are MANY options in mapping and my advice is to refrain from getting bogged down in counts and instead trade what's in front of your in ACCORDANCE with your style of trading. Identify support and resistance areas. It takes many years to understand EW mapping and even then it's all subjective. Understand that NOTHING is absolute in the markets, trading is about probabilities. Focus on price action in relation to support and resistance, the configuration of the moving averages, and oscillators for oversold/overbought on the time frame YOU trade. Better yet, avoid the indices and trade individual stocks which are more of a pure play while simply keeping an eye on the indices for field position. Don't think for a second that you will be able to become a proficient trader overnight - it takes experience and a disciplined approach. The key is to develop and approach (consistent) that corresponds to YOUR objectives and risk tolerance.