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Tomi wrote:This trade "spoke" to me A retrace after completed W5 combined with PC with trend reversal.
Missed the previous W5 as I was chatting with the friend. There is a new dress code in the work. No blue jeans allowed. New dress code was sent by a chap who is wearing.......tam tam taaa... red jeans at work.
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Sorry I can't say well done. Its a sign of getting in tune with the fourth wave. Bad days may be ahead of you... 8-} no no .... consider this as a reminder! I am nudging you.... Stay with the IMPULSE WAVE not the Impulse trades! GET IT!
ps: tell me that you did go long after that and then went short after the 5 waves were completed...
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
Tomi wrote:Now it seems that previous trade was just M5/B and C was eventually completed also and price went south. Move was a very big one and maybe related to some news that I'm not aware of. No setup there.
Anyway, I'm off now and have a nice weekend fellows!
You're geting better and better Tomi! Great dedication and consistency. Well done and wish you have a great weekend and a zillion pips to you!
cheers
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
Nice little indicator there Tomi, thanks for sharing. Planning on running it in the background and just flicking up a 34 chart when it alerts me, perfect! I'll let you know how it goes. Thanks again.