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More Ch. 2 questions
http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=61&t=4236
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Author:  dora [ Mon Sep 30, 2019 8:58 pm ]
Post subject:  More Ch. 2 questions

In relation to the 2 annotated graphs:

a. Forex EUR/USD currency @ download/file.php?id=1054

b. Forex GBP/USD currency @ download/file.php?id=1053

I think "Three consecutive same interval" should be replaced with "Three consecutive same direction up intervals" and "Three consecutive same direction down intervals" respectively, imho.

My apologies if I got it wrong as I'm a novice, thanks.

Author:  wrbtrader [ Wed Oct 02, 2019 1:12 am ]
Post subject:  Re: More Ch. 2 questions

dora wrote:
In relation to the 2 annotated graphs:

a. Forex EUR/USD currency @ download/file.php?id=1054

b. Forex GBP/USD currency @ download/file.php?id=1053

I think "Three consecutive same interval" should be replaced with "Three consecutive same direction up intervals" and "Three consecutive same direction down intervals" respectively, imho.

My apologies if I got it wrong as I'm a novice, thanks.


Hi Dora,

It was replaced with "Three consecutive same direction Up intervals" and the same for "Three consecutive direction Down intervals" about a year ago for the new version of the WRB Analysis Free Study Guide.

I've been making it a have of using those phrases for several years now since 2014 in reference to "consecutive same direction..." but some members still don't understand that phrase.

The key is the images that goes with these statements. Without the images, members will not understand those statements "consecutive" or "Up" or "Down". I believe the words "consecutive" is confusing some members because they make the suggestion that "three intervals next to each other" is better.

I told them they can edit their WRB Analysis Free Study guide to anything that will help them understand it so that it will correlate with the charts. Many have done such but changed the free study guide differently in comparison to each other.

Regards,
M.A. Perry

Author:  dora [ Wed Oct 02, 2019 7:33 am ]
Post subject:  Re: More Ch. 2 questions

Thanks for your explanation.

Maybe I should wait for the newer version of th WRB Analysis Ch. 1- 3 before making any further comments.

Thanks again.

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