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  • Interactive Trading
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Aussie Trading Room and Cartoons Gallery

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  • Post# 21,861
  • Quote
  • Dec 30, 2012 5:18pm
  • forexalien
    Joined Nov 2012 | 4,397 Posts | Status: Member
Quoting DaddyBear
I'd like to post my EWC for everyone's reference. My yellow INDI X is a wave count indicator as well. It is very clear that wave (A) was completed. Right now, the Aussie is in the wave (B).

It looks like you are trying to letter and number each high and low of each day ....?
  • Post# 21,862
  • Quote
  • Dec 30, 2012 5:22pm
  • DaddyBear
    Joined Jan 2011 | 14,669 Posts | Status: Member
It is what it is.

Quoting forexalien

It looks like you are trying to letter and number each high and low of each day ....?
  • Post# 21,863
  • Quote
  • Dec 30, 2012 5:29pm
  • forexalien
    Joined Nov 2012 | 4,397 Posts | Status: Member
Quoting DaddyBear
Hah, I hope my pockets are huge enough to take all that money. You have made a good case for sitting on your fingers when the oscillators are conflicting. However, I'd call it counter-trend trading.
I understand counter-trend trading, and the life of those trades are very short if you have m5 up, m15 down, h1 up, h4 down, you will notice the market comes to a crawl or almost stops.....Now if the m15 is up and the h1 is up together, and the H4 down, then I would consider counter-trend trading.....is all I am saying.....
  • Post# 21,864
  • Quote
  • Dec 30, 2012 5:35pm
  • forexalien
    Joined Nov 2012 | 4,397 Posts | Status: Member
Quoting DaddyBear
Likely. Or even make you lose your trade all together. But, I have been addicted to the wave counting for a long time. Do you know any doctor treating such an addiction?
Not sure there is a cure for that........
Attached Image
  • Post# 21,865
  • Quote
  • Dec 30, 2012 5:38pm
  • pmeletse
    Joined Oct 2011 | 14 Posts | Status: pmeletse
Quoting forexalien

It looks like you are trying to letter and number each high and low of each day ....?
I'm looking for the indicator that show the time of the candle when it start till it end also when the other one start with the spread
  • Post# 21,866
  • Quote
  • Dec 30, 2012 5:43pm | Edited at 6:14pm
  • DaddyBear
    Joined Jan 2011 | 14,669 Posts | Status: Member
Quoting forexalien
Not sure there is a cure for that........
Are you saying capital punishment is the only cure?

  • Post# 21,867
  • Quote
  • Dec 30, 2012 5:46pm
  • DaddyBear
    Joined Jan 2011 | 14,669 Posts | Status: Member
Quoting pmeletse
I'm looking for the indicator that show the time of the candle when it start till it end also when the other one start with the spread
Not sure what you are looking for. You can create one if you know how to write the script.
  • Post# 21,868
  • Quote
  • Dec 30, 2012 5:50pm
  • forexalien
    Joined Nov 2012 | 4,397 Posts | Status: Member
Quoting pmeletse
I'm looking for the indicator that show the time of the candle when it start till it end also when the other one start with the spread
are you trading with a MT4 platform ? I can get you a candle timer, I don't know about the spread you are looking for.......
Attached Image
  • Post# 21,869
  • Quote
  • Dec 30, 2012 5:54pm
  • forexalien
    Joined Nov 2012 | 4,397 Posts | Status: Member
Quoting forexalien
are you trading with a MT4 platform ? I can get you a candle timer, I don't know about the spread you are looking for.......
Attached Files
File Type: ex4 BE-clock Black (2).ex4   2 KB | 10 downloads
File Type: mq4 BE-clock Black (2).mq4   2 KB | 11 downloads
  • Post# 21,870
  • Quote
  • Dec 30, 2012 6:23pm
  • isaacyassar
    Joined Sep 2010 | 133 Posts | Status: a happy trader
Try this candle time and spread indicators that I use myself. You can see how they look on the example GIF. The candle time can also appear next to latest candle, I just disable it. Both have some settings that allow further customizations
Attached Image (click to enlarge)
Click to Enlarge

Name: example.gif
Size: 20 KB
Attached Files
File Type: mq4 Spread.mq4   3 KB | 16 downloads
File Type: mq4 P4L CandleTime.mq4   16 KB | 13 downloads
The tone of your words reflects the quality and result of your trading ;-)
  • Post# 21,871
  • Quote
  • Dec 30, 2012 9:13pm
  • DaddyBear
    Joined Jan 2011 | 14,669 Posts | Status: Member
"No Fiscal Deal, Senate to Return for Dramatic New Year's Eve" -CNBC-
This could be the catalyst the bears need to curb the bulls' further advance.
  • Post# 21,872
  • Quote
  • Dec 30, 2012 9:19pm
  • TrendTrader
    Joined Apr 2010 | 82 Posts | Status: Member
Hi DB,
Well i have taken a long since Friday thinking that we get a test of the 1.0415 area...
Now its looking like its just a range...
Possibly since no deal is done...just SL and TP hunts?

TT
  • Post# 21,873
  • Quote
  • Dec 30, 2012 9:46pm | Edited at 9:58pm
  • Eric D
    Joined May 2012 | 158 Posts | Status: Trading is an Art, and never easy..
Good day traders, finally! another Market Strips comic is ready, as you may have noticed (or may haven't), there was none for the Christmas holiday so let me make it up to you: "The Fiscal Cliff"

  • Post# 21,874
  • Quote
  • Dec 30, 2012 9:52pm
  • GnarlyPips
    Joined Apr 2012 | 809 Posts | Status: Toker
Quoting Eric D
Good day traders, finally! another Market Strips comic is ready, as you may have noticed (or may haven't), there was none for the Christmas holiday so let me make it up to you: "Te Fiscal Cliff"


What if he ended up needing hiking gear? Not to climb down, but UP the cliff!
Play the players, not the cards.
  • Post# 21,875
  • Quote
  • Dec 30, 2012 9:54pm
  • DaddyBear
    Joined Jan 2011 | 14,669 Posts | Status: Member
Quoting DaddyBear
"No Fiscal Deal, Senate to Return for Dramatic New Year's Eve" -CNBC-
This could be the catalyst the bears need to curb the bulls' further advance.
Until a clear decision is delivered by the US Congress, this uncertainty will continue to hold the bulls down.
  • Post# 21,876
  • Quote
  • Dec 30, 2012 9:59pm
  • DaddyBear
    Joined Jan 2011 | 14,669 Posts | Status: Member
Quoting TrendTrader
Hi DB,
Well i have taken a long since Friday thinking that we get a test of the 1.0415 area...
Now its looking like its just a range...
Possibly since no deal is done...just SL and TP hunts?

TT
TT, I thought it should go up Friday but it moves up tonight instead. Tonight's high 1.04099 is very close to 1.0415 area.

I look at current PA from EWP viewpoint. This is a part of the consolidation/correction phase. Is there a part II coming? Cannot tell at this point.
  • Post# 21,877
  • Quote
  • Dec 30, 2012 10:01pm
  • Eric D
    Joined May 2012 | 158 Posts | Status: Trading is an Art, and never easy..
Quoting GnarlyPips
What if he ended up needing hiking gear? Not to climb down, but UP the cliff!
Ha ha ..you are right, well I hope Larry being the careful foreseer he is, had also thought of a way to go back up once he hits the ground!
  • Post# 21,878
  • Quote
  • Dec 30, 2012 10:03pm
  • DaddyBear
    Joined Jan 2011 | 14,669 Posts | Status: Member
Quoting Eric D
Good day traders, finally! another Market Strips comic is ready, as you may have noticed (or may haven't), there was none for the Christmas holiday so let me make it up to you: "The Fiscal Cliff"

The store may be out of business after the New Year due to the unsolved cliff issue. He better off returns the gears as soon as possible.
  • Post# 21,879
  • Quote
  • Dec 30, 2012 10:15pm | Edited at 10:27pm
  • JollyBean
    Joined Jul 2009 | 310 Posts | Status: Member
Good morning fellas!

Seems like a good start to the week I hope it only gets better from here

Trade safe everyone.
  • Post# 21,880
  • Quote
  • Dec 30, 2012 10:18pm
  • Eric D
    Joined May 2012 | 158 Posts | Status: Trading is an Art, and never easy..
Quoting DaddyBear
The store may be out of business after the New Year due to the unsolved cliff issue. He better off returns the gears as soon
as possible.
Better run!, even the brokers are closing for a full day for the holiday, Larry could use the paraglider to get there in no time.
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