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longshot99

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Posts posted by longshot99

  1. Hi bear, in your screenshots below you have green and red dots above certain bars. I was wondering if you could tell me what indicator you are using to plot these dots?

     

    Thanks

     

     

    Here is an example of a smaller leg inside a bigger leg.

     

    The bigger trend is down.

    We are looking for a retrace back to 61.8% or 78.6%.

    On the bigger time frame, we get a retrace back to 78.6%.

    On the smaller time frame, we get a leg up, a retrace down to 61.8%, then up to 127.2%.

     

    Bigger leg retrace 78.6% = Smaller leg extension to 127.2%

     

    http://i.imgur.com/NjfpGZp.png

     

    http://i.imgur.com/bq9o9Yg.jpg

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