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Re: simplegreen post# 122606

Wednesday, 09/25/2013 10:59:39 AM

Wednesday, September 25, 2013 10:59:39 AM

Post# of 140146
SG.......I hate to use another post for replying to your prior post, but I have to. Back again, and just reread your post and must say that in regard to trading off "CZ" zones in secondary account would make no sense since the problem is stilll a matter of lengthy consolidation which leads to poorly trusted levels of possible support and thus makes trading off them risky and poor judgement. What I should be doing is maybe trading off the "SD" zones on a secondary account on lower time frames for my scalping gains to add to the gains in my primary account from trading the "SD" zones on the larger time frames.

Having said all that......I see from the weekly and monthly chart on the G/U pair that we are in a "CZ" consolidation zone following a 6,600 odd pip drop during 2007 and '08 to early '09 and we are moving up to test prior wave highs. Do you have a clear "SD" zone identified on G/U weekly and monthly chart? I think I do but not sure and I'm currently unable to post a chart.

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