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JeanLouisHardy
Sep 23, 2015 5:46 AM

A-B Long (price swing) 

Australian Dollar/New Zealand DollarFXCM

Description

To find the B in a trend we start from the lowest low to the next highest high.

as long as the candles DONT pass the A we are still in a trend, and i don't ever recommenced trading against the trend.

*** notice that the C will be found in between the A-B boundary this is 90+ % of the time..
if its not found there its normally due to a fundamental announcement.

** note as well that the D will be Higher (long) then the B
and
the D will be lower then the B in a Short.

( this swing works on all leaves and time frames the zig zag motion is what the market does)
Comments
SamJagger
how much extension you take here
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