Quote:
Originally Posted by Nico_Ceres
Thank you very much Pucio.
In my Zup I don't see this figure USDCAD like you, why?
Another question: when I see the red rectangle, where do you decide to open the order if the rectangle is big?
Thank you
|
Hi,
Red rectangle just informs how far the retracement from C to D can go in the formation XABCD that the ZUP has found. There are many methods to find the right place to open a trade. Trading XABCD formation after D is one of the Harmonic method.
Harmonic traders use combination with other XABCD formations, RSI, QTA, Candlestick patterns, Harmonic numbers, Andrew Pitchfork, Secret geometry, Laws of Isaac Newton to enter at "D"
Probably one of your indicator do not allow to show ZUP information in the right corner up of the MT4 window .
Pucio