Intra Day Analysis
- Steven
- 9 hours ago
- 1 min read
Analyzed some pairs today, found some very temporal ideas. Perhaps one of the ideas will make it all the way to a real opportunity. If I use these few ideas or find others I will post a live trading time lapsed analysis vid walking through the whole position.
I did find, on the last pair we analyzed (usdchf) some additional holes in our system where, when we apply the system to interpret price action it does not accurately reflect the truth of the situation. An old idea that I had not thought about for some time I realized explained the situation and after applying/integrating it into our system the rest of the pattern was perfectly explained and aligned. As a consequence we can see how this particular part showed the capacity for price to generate 3 degrees of rotation in a trade, a complex alignment of price action very rarely observed. This is more probably due to the difficulty in finding them not in the lack of its presence.
Edit: I meant 22% not 12% when talking about Gbpusd 78.6 fib.
Good Trading.
