FX:AUDCAD   Australian Dollar/Canadian Dollar
29 2 4
Upuntil now I have not paid too much attention to structure. I have soley looked for pattern formations.
I am starting to look more into previous structure, and the whole concept that Jason Stapleton has been using for years - LOOK LEFT, STRUCTURE LEAVES CLUES. I have learned about it, but never really taken it into account in my trading, as of yet. Time to move on!
I beleive either of these patters will start to form therr last leg of their journey, the D-leg. If we get all the way down to form the Cyphers is a totally different story, could just retrace a bit and continue the upward trend.
We have reaced previous structure, and the market has reaced well above the upper band of my RSI indicator.
Anyways, just a few ideas, please comment, as I want to hear what you have to say.
https://twitter.com/johanindalby/status/773832387218251776
Same story here buddy .. went back to the basics that I had been overlooking for way too long and focusing on reading PA the right way (not there yet as to place major/important/previous levels of structure .. that's next step ;) )
Reply
johan.larsson PRO journeyofarookie2.0
3 months ago
When I started with this I had no Idea how passionate I would become about this. I thought this could be an alternative way of making a living. Sure I could do it eventhough I wouldn´t love it.
The more time I spend in the markets, the more I fall in love with the process, and the more I learn, the more I want to learn.
I wanna be able to take trend, counter trend, break outs, advanced patterns.... whetever the market presents to me.
I am so fricking excited about the future, grrrr hehe.
Take care, and good luck with your structure :)
+1 Reply
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