KNOW WHAT OTHERS DON'T
Welcome to my Market Directions ramblings.
I mainly focus on Major Forex pairs.
The idea is to grasp Intermediate to Longer term market moves.
I use different aspects of Technical Analysis and I take into consideration economic news data, but just in conjunction with my technical analysis.
Comments and criticism are welcome as long as they are constructive and will help both readers and me to improve our understanding of markets moves.
Monday, February 20, 2006
Excellent primer
Excellent primer, thanks Bear & Joseph
Being a keen student, I have drawn some pitchforks on the EURUSD chart. Looking at targets for the c wave, 161% of wave a, a=c & two pitchforks all give a target around 1.2560-1.2630. (I'll attach a chart if I can find out how.....)
Bear, I notice that you have two target areas on an earlier chart, I think one of them matches the one I have come up with. How did you identify the other target?
Thanks
Charlie
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment