A couple of weeks ago, I posted up a few quick notes in regards to some trend following rules in order to get this blog moving again. Today, I am literally writing a response to a question I [...]
I have had some pretty good success this past week selling into this EUR/USD move and thought I would write about a few encouraging things that happened along the path. Euro pairs have been [...]
Over time, we have talked quite a bit about the “rule of 3″, which is a very common yet underestimated component of trading. And the reason I use the word” underestimated” [...]
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.