- Topic: Swing High / Lows

Pepe le Pip on Swing High / Lows

Wed, 29 Jan 2014 13:33:21 -0800

Hello Theo,

Thanks for that. I think I am making some progress.

Pepe.

Theo Patsios on Swing High / Lows

Wed, 29 Jan 2014 05:26:58 -0800

you are right Pepe;Â

In your image you have 4 boxes that you have drawn,
if we name them 1-4 starting left to right it will give me a way to elaborate.

Box 1 is confirmed when price reaches box 2,
box 2 is confirmed when price reaches the height of box 1,
box 3 is confirmed when price pulls back enough to be a relative movement to those few waves before it.
box 4 is the turn you would want to be part of to trade the trend continuation pattern so it doesn't matter when that one is confirmed

Theo

Pepe le Pip on Swing High / Lows

Wed, 29 Jan 2014 03:38:13 -0800

Hello Theo,

In the 'trend continuation structure/wave' you say (2nd video) that the higher swing high is confirmed. At what point is the swing high/low confirmed?
Â
My thoughts are the swing high/low is confirmed when the magnitude of the wave/swing that originates from that point is similar in magnitude to the other waves that make up the scale being referenced. Am I on the right path?

Pepe.