Question for Grob/Hershey...

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OK, so here's where some of my confusion (and frustration) lies.

Looking at your chart, I have the first red bar in the long leg as a pt 3.

My understanding is that a point 3 is "the end of the second price move (a retrace) in a trend that is now defined."

:confused:
 
yay! a beginner rocket today! +1.25pts for me!

Bar 43 through 47. Could have grabbed another +1.0, but I exited on the left ST line. Oh well, safe play for me, for now...
 
nice triangle dell-boy, bugs me that I didn´t see that :mad: YM:s got support around 10315 and 10295, something you might wanna keep a look at if you´re in with money
 
Quote from sulli:

yay! a beginner rocket today! +1.25pts for me!

Bar 43 through 47. Could have grabbed another +1.0, but I exited on the left ST line. Oh well, safe play for me, for now...

Well done sulli, I missed that one and haven't traded yet.
 
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