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January 12, 2014 By Rayner 2 Comments
Has the Aususd bottomed out?
January 15, 2014 at 8:03 pm
I’ve been watching your videos and have learned a lot. Of all the strategies out there, I think yours is the simplest and honestly working for me so far. Got a question though, how do you know if a retrace is really just a retrace or a possible reversal?
Hope you can enlighten more. More power. Thanks!
January 16, 2014 at 8:42 pm
I’m glad you find my videos useful! Well truth be told, we won’t know if it’s a retrace or a potential reversal.
But some clues you can derive is watching how the candles behave while retracing. Are they small bodied compared to the impulse move? What’s the trend prior to that?
These are some questions i ask myself. Hope that helps!
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