This pretty much says it all. I was wondering whether a retrace was coming to that area a couple of weeks ago when we were about to make a low near 108 or so.
Everything's already there, been posted and explained several times, (this is addressed to both Tiki as well as everyone else still getting thrown off, I'm just gonna be mean and make an example of Tiki because he knows I'm trying to tell him something valuable here and not making fun of him)..the main problem isn't not knowing..it's not allowing yourself to settle down and reduce everything to simply looking at what's already there.
You constantly run around all over the place in a frenzy, posting a bit here, nibbling there, wondering about this, that. This is bad as in that it reduces your focus and disperses too much energy.
You need to STOP, pause, sit down, focus. Think about your questions and what you're wondering about, then remember what you read, what you saw. Then go over all of it again with the questions in your mind, see if you get the answers from what's already known. Peruse the thread, your mind, your memory, link it up. Focus, reapply. Observe the market, not the Forum and once you've gone over everything don't look to others as a first reaction but look to what you read and know already and see whether there isn't an answer inside already that will tell you what's up..
There's only so many things the market does and can do and it does it over and over and over again...you just need to pause long enough in the chase to realize that there's nothing to chase, it's just all already sitting in front of you, you just need to sit up, take notice and start to realize..
Once you feel something's "set" and understood and has a firm foundation, THEN you go back an read more, add another bit, section, lecture, etc..incrementally progress. This is the bit that takes time, but if you don't allow it to take time and move forward slowly by focussing and reducing, it will take forever and not really move much at all.
If you pull a heavy rock with all your strength in one direction all day, it might move an inch towards a given target. If you pull it to another direction every other day it will just end up making a very deep hole in the ground by eroding a lot of sand..
Or - if you pull with all your strength in one direction all day it will go that way; if you nudge it here there and everywhere, it won't budge much at all. There, that also works as focus analogy