why i feel price action will do this 1st 2nd 3rd move is based off of staring at charts for 10 years, often i am accurate sometimes i am not. the best trades i identify i never take. why? couple of reasons. it takes a lot of hardwork, patience, effort and belief in your own analysis. sometimes this isnt even enough. the best thing you can do is protect yourself. sometimes looking at the market three dimensionaly can provide extra depth ordinary indicators wont. dont take this analysis as gospel but observe it see what happens and perhaps try and make sense of it.
Trade active:
the intended target was not hit 1st or 2nd (spatially on the chart)
however it moved *like* or *similiar*. if price holds at this level then i would expect a move upward. again you can see the x y z axis of this 3d view. im a visual person. so i came up with this concept a while ago to help put perspective into what direction the market is going.
however it moved *like* or *similiar*. if price holds at this level then i would expect a move upward. again you can see the x y z axis of this 3d view. im a visual person. so i came up with this concept a while ago to help put perspective into what direction the market is going.
Trade active:
looking at the weekly candles always defer to the longer time frame. i try to give good advice but i dont even follow it myself
Comment:
this one turned out to be a loser
