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- droox replied Sep 7, 2012
Looks like i was right
- droox replied Aug 16, 2012
Good point
- droox replied Aug 16, 2012
I was just ironic . what other reasons can one find if the market doesn't move they way one.expected.
- droox replied Aug 16, 2012
Thank you market maker for letting us know, we stupid retailers will buy this fake spike.
- droox replied Aug 16, 2012
What a wonderful week made some profit and learned some lessons, not sure in which wave we'are in right now but for sure a bullish continuation
- droox replied Aug 15, 2012
Hourly is almost oversold and your selling at daily horizontal and trendline support, don't think there is enough momentum to push it lower , unless there is a news coming out saying that greece is leaving euro zone
- droox replied Aug 15, 2012
I don't think last wave is a 3 , if it is 3 than at least it's not over
- droox replied Aug 15, 2012
A close above 1,2293 and back for the bulls as explained above
- droox replied Aug 15, 2012
End of coorrection? — This is what i see in 15 min charts, a strong support for the end of 5 wave and the end of C wave correction if it goes beyond 1,2293. Also 15 min oversold
- droox replied Aug 14, 2012
Exited longs to bank some profits, i expect a little pulback where i'll reenter, i'll be busy at work so don't want to lose everything i gained
- droox replied Aug 13, 2012
As expected it continued upwards the 1,2338 level taken out enforced both that this was the end of the C wave and that an impulsive down movement is voided , now we we'll look for this levels 1,2446 and first target 1,2498
- droox replied Aug 13, 2012
If the hourly closes above 1.2338 i will add another long
- droox replied Aug 11, 2012
a) I try to keep it simple and to use wave counts i learned from Robert Miner that is why i do not know anything about a truncated 5, but out of curiosity as i find it on internet this truncated five should be also a 5 wave count , which is not in ...
- droox replied Aug 10, 2012
I didn't hear such thing as fifth wave failure, either it is a 5 wave or not. If it's not confirmed.than it is something else but not a 5 wave. Anyway i appreciate your sharing. Good trading
- droox replied Aug 10, 2012
Other than that it is beautiful but not convincing
- droox replied Aug 10, 2012
: My opinion is that your count is wrong , and i'll tell you why-but don't take it for granted and read my post having in mind that i'm a newbie. - the basic rule for the elliot wave is that wave 5 should excede the high/low of wave 3.Which is not ...
- droox replied Aug 10, 2012
If you watch my earlier post from this week i already had this 'random points' in my trading plan i didn't draw them know.
- droox replied Aug 10, 2012
Can you show one?
- droox replied Aug 10, 2012
All the information asked you can find from the chart, i didn"t draw it but it is very easy to see. For sure there is a 5 wave confirmed . An hourly close above 1.2338 will be enough to drive it up. There are also other patterns on the daily which ...
- droox replied Aug 10, 2012
From this post i would actually see that you draw what you want to see not what the market is doing. There is not enough down momentum for sure