Learning Group -VIJAYWADA

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XRAY27

XRAY27

Well-Known Member
#972
#972
timepass said:
Yeah..I saw that -WW on the EOD charts, but am not sure if the point 1 is right, or a proper pivot. Need the members' input on it.
Click to expand...
TP Bhai...

just watch the point 1 which is above 3 rd and 4th feb'2015..i have taken that as a pivot basing on books i studied..

well,members suggestions are always welcome !!!
 
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timepass

timepass

Moderator
#973
#973
XRAY27 said:
TP Bhai...

just watch the point 1 which is above 3 rd and 4th feb'2015..i have taken that as a pivot ...just study price action books for better understanding of the term pivot

well,members suggestions are always welcome !!!
Click to expand...
What I mean is, that move on 5-2-15 was a spike in an ongoing downmove, which started on 30-1-15. Considering that, the points 4 & 5 are not yet formed and we may have another high before a more serious downside.

 
VJAY

VJAY

Well-Known Member
#974
#974
My views on WW....in this case when in doubt you can lower TF and draw lines.....
here is it in hrly tf

 
XRAY27

XRAY27

Well-Known Member
#975
#975
XRAY27

XRAY27

Well-Known Member
#977
#977
timepass said:
What I mean is, that move on 5-2-15 was a spike in an ongoing downmove, which started on 30-1-15. Considering that, the points 4 & 5 are not yet formed and we may have another high before a more serious downside.
Click to expand...
Dear TP bhai !!!

There are lot of points to consider WW and also Pivot point which are not being discussed in any of the threads !!! if time permits i will put that in this thread !!! :)
 
XRAY27

XRAY27

Well-Known Member
#978
#978
VJAY said:
sorry XRAY...am forgot that post jumped into todays discussions :)
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Hey !! Vjay...just pointing that i have gone through this ww
 
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