MoneyTec Traders Community Forum - View Single Post - Short-Term.....Swing Trade (Set-Ups)

hoene003 · 15-11-2006, 03:48

Marketwavez, yes this A on my chart then should be part of a larger A, why is your target 1.2715 for A, just because it's support, how do you usually determine your target for A, just curious ? The textbook says it has to end in the former wave 4 area which is in your case not beyond 1.2750.
Yes its subjective.

15-11-2006, 03:48	#26
hoene003 level 2 Join Date: Jan 2005 Posts: 236 Downloads: 0 Uploads: 0 Rep Power: 0	Re: Short-Term.....Swing Trade (Set-Ups) Marketwavez, yes this A on my chart then should be part of a larger A, why is your target 1.2715 for A, just because it's support, how do you usually determine your target for A, just curious ? The textbook says it has to end in the former wave 4 area which is in your case not beyond 1.2750. Yes its subjective.