Quote from BobbiDigital:
How do you feel about entering at consolidation in the appropriate areas?
Seems vital for several reasons. If this is overly simple and a beginner question - perfect.
Amazing how a once complex system of thoughts has simplified into common sense thru observation.
As a follow up, are then measured moves based on an initial break?
I understand if this is too much. Feel free to rip into me anytime.
What are appropriate areas??? (obviously I would say absolutely yes to entering at the appropriate areas – if I only knew what they were)
And it depends on how one is measuring, a measured move - as to what it should be based on
Not giving you much to work with – am I… but then I could say – you’re not asking very specific questions
I am of the opinion – unless price is making a new all time high/ low, then it is a range
Always trade the moves – whether they are back and forth, or are remaining in one direction for awhile
That is unless the back and forth moves are too small to trade
Moves can be measured in time, waves, cycles, Fibonacci, price, distance/ ruler (recall NOD’s 2 cm measurement
and don't laugh because it did work) – and a few others
No need to rip Sir, we're all learning - every day