1/23/2013
Trades
I entered about midway, and got stopped out as it spiked down, to get 20 pips. For large drops, I really like to find that a swing line with all the endpoint of this fall, which didnt happen. Here, I also used a puny swing to try to specify the prz to get a rather large fall. Probably not a fantastic idea. On the flip side, I did line it up with the extension of a huge swing (but I believe I used the incorrect swing anyways, it would have still caused the exact approximate prz however )
PRZ
HereI used the huge swing to do some fib extension, that is good. But the swing I used did not work, it extended far below the prz anyways. So nothing got triggered, I should've used the correct swing (and I need to specify correct), see analysis section.
This prz never got actuated, it stalled before it entered itso it was invalid for me, because often it stalls until the prz then shoots through it. Occasionally it boils down, but I dont have rules for if it stalls before the prz, and entering the prz was my anticipation, so I did not enter.
This one I defined only if it went down. It was invalid after it spiked up over the point I used for my 0 percent mark for my extension. It was also invalid because I did not use a primary or dominant swing.