Quote:
Originally Posted by muyuan11
I closed order with 30 pips loss .
any help?
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Huahahahahahaha... i love it... congratulation.. now you make mistake..

... that's the part of learning cycle..
OK... Bro, this system is not just when it's blue you buy and when it's red you sell. No...no.... not like that how this system work. I built this system to help me analyse the price movement .. so that's why there are four waves in this system. I imagine that price movement as a sea wave in the ocean. Major wave is the biggest wave and trigger is the smallest wave.
First, just remember.. small waves will follow the big wave direction BUT you have to remember too that the biggest wave direction is formed by the small waves...
So, when you saw the major wave is red. is it mean that the price direction will going down? the answer is maybe yes or maybe no. if the red bar on Major Wave that you see is the last red bar on that wave.. what will happened? it's happened to you today...
You have to see the all waves conditions before you open your position.. Just imagine (use your imagination) when you see the all waves is like you see a sea wave in the ocean....
KG