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Guess I will just wait and see what happens...Took a few pips at lunch from one of the tips on the TDI from Dean..Could have got more but got scared around the news coming out and closed the trade..
Pennies you still looking at a touch of the daily tunnel on AU..Looks like good resistance in the 1.0555 area..
There's the green line through the blue line that Dean talks about..Have to watch and see if it goes like he says..
So below 1.0472 would confirm a continuation of the downtrend?
That's also the bottom part of the quad tunnel..Where you thought it was originally going..
Go to the website and click on the videos...Then you can look through the titles and find the ones about TDI..
Watched a few of the videos about the TDI from the website you gave me and seems to be a very good tool to watch..Going to watch some more over the weekend..
Only using mini lots but took about 40 pips on one and seeing where the other one goes..
All time frames up to 4h are under tunnel..That has to be good for shorts..
Then I hope they have bad news..Last post for today..Everyone have a good night..
So we want bad numbers for china news??
Also if we get below 1.059 will that semi confirm a downtrend..Only have one more post so figured I would ask now..
Maybe they will realize its bad here shortly..All I know is I am back to green on all my shorts..
Can I ask what parity is..I have seen you guys use it before but never knew what it meant..
Didn't seem to move it much though..
you still thinking we go down no matter what..
Well I was anyway..
Guess that was try # 2..
I am learning and retaining..That's good..lol
Is that to retest the quad tunnel on the hourly and 4 hour..
good deal cmon 1.05
If it gets below the 1.05 area does that confirm wave 5 down to the 1.04 target area..
On the hourly chart are we in a wave 2 pullback headed for wave 3 down??
green on all my shorts..thats a good feeling..off to work be back at lunch..
Yea I actually had a couple small profits going long in that mes last night..Closed them out before bed but should have held..Oh well money is money..Short at 1.0640 now so hoping for a good day..
It does look overwhelming but really does make sense..
Git..thanks for telling me about the fib extension..Looked back at different time frames and charts and I like it..
Gotcha looks like the trend line is gong to hold going down again..
Since forecast of the employment rate is a lower # than previous is that supposed to be good or bad??
got it ..thanks..
RFHServices2003@yahoo.com..
Yea if you don't mind..Thanks
No the blue and orangish lines that is on the chart marking all the high and low points..
Pennies what indi is that for your high and low marks..
cool thanks learned something else..
where are your fibs set at..I cant figure out how to make mine like yours..
Git I have a hard enough time with the basics..LOL..But I actually do see what your talking about in your chart..
One thing I found I was doing wrong in Goodman..In the retraces that went beyond 50, I was adding or subtracting the difference and then measuring from the lowest or highest point..Video I watched last night said to always measure from the 50 line no matter if it went to the 61.8 or 38.2 or wherever..I went back and looked at some that I knew had messed with my head and they were very very close measuring from the 50..Doesn't really do any good with the 3 waves we are in right now but...