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thestart
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Joined: 20 Feb 2012, 10:37
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Unread post by thestart »

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You are supposed to trade in the NOW! what I see now is an entry to go short and a black #4 telling me trade could/will go up to reach a starting point to begin a wave # 5 so the now is telling me 2 different things. Please Immy tell me what I should be understanding from this picture you can not see one picture and have 2 clear choices ? right. My understanding must be flawed but I do not understand how my understanding is flawed. I am including a picture of gbp and this picture my eyes see sleeping alligator waiting to start a wave # 5, is that the correct with gbp trade THANK YOU for looking when you get the time.
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immy
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Re: question

Unread post by immy »

thestart wrote:
question # 2.png
question # 1.png
You are supposed to trade in the NOW! what I see now is an entry to go short and a black #4 telling me trade could/will go up to reach a starting point to begin a wave # 5 so the now is telling me 2 different things. Please Immy tell me what I should be understanding from this picture you can not see one picture and have 2 clear choices ? right. My understanding must be flawed but I do not understand how my understanding is flawed. I am including a picture of gbp and this picture my eyes see sleeping alligator waiting to start a wave # 5, is that the correct with gbp trade THANK YOU for looking when you get the time.
How can you be in the Now when you want to "predict" the future?
How can you be in the now when you think that your indicators are telling you "will be" "should be" "shall be"?
Being in the now means FOLLOW THE FLOW CHART!
Being in the now means, ask the three questions, the 3 rules?
Being in the now means, being in the now.

If you are confused, and you're right about this picture, if you see wave 3 up and wave 3 down, in most cases it would mean that hte wave 4 actually retraced more than it should have... so best to follow the setup the 3 rules setup and use eWave analysis for exits Not Entries!

I hope this, together with my reply to your other question makes sense... .cheers
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

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.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
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