Hello Ladies and Gentlemen,
Last day we had chaotic selling of USD which pretty much looked like the C leg of an ABC correction.
The drop in DXY ended yesterday also, with C leg being shy of 1.00 times A leg.
Now I have a short setup in NZDUSD (and even a better one in AUDUSD) and it's combined with Median Lines for synergy.
( Borrowed the word from Jim Kane's book on Median Lines which i also learned this technique. )
I tried to project the this correction from an old correction which is much bigger than this one both time-wise and price-wise.
Now, the incredible thing is how the median line has been touched to the pip and bounced.
I wish you guys a profitable week.
Don't Trade My Ideas Please.
Take Care.
Last day we had chaotic selling of USD which pretty much looked like the C leg of an ABC correction.
The drop in DXY ended yesterday also, with C leg being shy of 1.00 times A leg.
Now I have a short setup in NZDUSD (and even a better one in AUDUSD) and it's combined with Median Lines for synergy.
( Borrowed the word from Jim Kane's book on Median Lines which i also learned this technique. )
I tried to project the this correction from an old correction which is much bigger than this one both time-wise and price-wise.
Now, the incredible thing is how the median line has been touched to the pip and bounced.
I wish you guys a profitable week.
Don't Trade My Ideas Please.
Take Care.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.