Bettina's Journal

[Herbert]

Hey Bettina. As always, w4 characteristic developing into 5 will stretch our rule-set and pshyce.

As you can see, our cut-outs -- your dot and my SL which i considered to lift above previous iv resistance, but did not (red line) --, was busted just to resume original trade direction. My expectancy for w5 travel increased as w4 congestion expanded in time.

I am considering juggling my rule-set and a smaller trade-size and wider technical stop for what i consider w4>>5. Time and test will tell.

**EDIT** Apology, i assume you used -2 candle high as SL, not dot.
Herbert

[Bettina]

I had the stop 2 pips above my entry candle. Have to restrict my rents, because yesterday I played around too much with c-principle.
Bettina

[Bettina]

Next

27-02-2012 2.png

[Bettina]

Mike,

yes, I also have seen the M15 low, but I thought ( ) ) , if it breaks M1 + M5, could have enough drive to go through M15.
Bettina

[Herbert]

Bettina.
For your info. Keep an eye on your AIMS AO. It switched to lower scale = low momentum. See my pic. :-B
One can get caught by micro-moves.

Herbert

[Bettina]

Herbert,

thank you !!!
exactly that happens. Today i decided to through away The Aims Waves 5.1 with 0.0006. I "Micro-Waves" something known, or rather an expression from you now ?
But when does it stop ?????
Bettina

[Herbert]

Keep 5.2, just set VariableCloseZL value to |false| to keep scale standard.
Yes, meant as expression, or the subwaves of waves you would be interested in.... )

I see all that yellow, i do something else or scalp off good S/R levels. Of course there will be the first w3 to jump out of it, but i look for small green or red swing W1) before-hand to get interested.

Just tried a buy limit set 1 hour ago waiting at S1 (33862) and Daily-high 2, it worked...lol.

Herbert

[Bettina]

Well, I was looking for a small "1"...
I feel completely confused with this and what happened afterwards

27-02-2012 3.png

[Herbert]

Bettina, looking backwards, i can identify your trade and divergence in that instance as labelled on my pic, a subwave (smaller fractal), all over.
From my experience after that, i see price working through numerous levels, each support level providing a bounce back to 50 ema. scalping heaven.

Too small otherwise for standard setups for me...

small moves.png

Herbert

[Bettina]

o oh