A few weeks back we covered measured moves on trend line breaks using a 2.0 (100% extension). Regular visitors to this site have seen it used in other contexts as well, namely the Golden Ratio [...]
I have mentioned several times on this site that keeping a catalog of your past trades and other key concepts in a separate folder on your desktop is a great way to have constant reminders for [...]
EUR/USD hits the breaks at a 100% measured move following Nonfarm Payroll release. Sent in from a good reader via Twitter. This concept is discussed in detail here. Click the image to enlarge.
I swear I'll keep posting these every day until this gets the attention it deserves. These concepts are discussed in detail here. And yes, there are other confluence factors not outlined here. [...]
KISS (Keep It Simple Stupid) is an old expression that, in a nutshell, says: the cleaner, the better. I'm sure many of you are well familiarized with it by now. And don't we all love simplicity? [...]
EUR/USD makes a daily low with trendline and 100% measured move (from the first leg) confluence. This point also coincided with a 23% retracement of the last wave (not shown).
EUR/USD nails and hits the breaks on a 100% measured move of the final pullback low.