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how to find end of rallies?
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[QUOTE="lulu2199, post: 41463, member: 19979"] Hello everyone, First of all, thanks to everyone who answered my question regarding the approach to every kind of market. However, now that I know about waiting the rallies and pullbacks, I am not really sure about hints telling me that the retracements are about to end, and that the trend is ready to keep going in the direction. Here is what I do currently: If I see a trending pair with a retracement, I'll wait till I start to see the opposed color appearing on chart. In other words, I wait till the moment that the pair starts to go in a different direction, which is an obvious sign that at that moment, the pair chooses to keep going to his original path. If I missed that opportunity cuz I'm sleeping or something, oh well, I'd like more to miss than to screw up XD. So, what is your opinion about spotting the end of a retracement? Many thanks! Lulu2199 [/QUOTE]
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