DislikedI have a lot of respect for EW traders that can make it work, there are not many out there. It is very much limited to the retail arena.Ignored
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MT4: how to change "EURUSD" to "#EURUSD"? 3 replies
Re: EurUsd short term 15 replies
did oanda just drop its spread for eurusd to 1 pip? 11 replies
EA for multiple lot limit order for EURUSD 0 replies
NFP nice bump up on EURUSD 2 replies
DislikedI have a lot of respect for EW traders that can make it work, there are not many out there. It is very much limited to the retail arena.Ignored
Dislikedcould be. but all those sweet stop losses near 1.382 area are so tempting.
should they all be taken out by some "unexpected news" ) could it be the Aussie data tonight ? the China CPI ? ))
we'll see. so many traders all around the world setting Sl there.
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Dislikedwell BB showing up at a very important point today. just coincidence . I thoght 1.3735 would be hard to break. but they did yet the level then was defended. so I could have some reasons for long also. We had 3 tests of 78.15- 78.3 in the past 2 months. all of them with huge rally for USD in 3 days. then sell off aka E/U surge up.
well we just did the same thing today and stopped.
no previous surges in E/U were made very fast. loosing all the gains in matter of hours. so if that is the case. we will soon find out.
lots of data from Australia...Ignored
DislikedWe have the three black crows formation on the daily, but today ended almost with a doji. As has been said before, we are at a critical line of support.
The three black crows doesn't happen very often, and it is indicitive of a reversal....but, the support is strong.
Just have to play the range for now.Ignored
DislikedNo disrespect, but I have never found any use for 123 patterns and wave formations, in my experience they don't really work over time. In all my years of trading I have not found a use for them and I have looked at it in depth, as I do with most new fangled ideas.
I found this great example on another thread here:
http://cdn.forexfactory.com/attachme...7&d=1289156309Ignored
DislikedOne way of cleaning things up a bit is getting rid of noise,
- ban youtubes,
- get rid of the smileys,
- Get rid of colors and fonts.
- only allow attachments of charts,
- set a limit on "chartless" posts, each 10th must include a chart or else you can't post
- a spell checker
- have a moderator on the big threads; cable, fibre etc.
- Have a "negative" vouch system where you need to redeem yourself before you can post again.
Just some thoughts.
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DislikedThanks I see the same. Yes thats the long setup in the daily I was waitng for a while (all my daily charts I posted the last 4 weeks have a mark long in that level). Your chart is exactly showing very clearly the rejection confirming the setup (I also use H4)
But I was referring if its a good idea to take it tomorrow becasue of holidays and also because fundamentals were again distorted today becuse of the FED that make my fundamental analysis upside down and make me doubt about the validity of today rejection.... Did you see the DX, did u see...Ignored
DislikedI have a lot of respect for EW traders that can make it work, there are not many out there. It is very much limited to the retail arena.Ignored
Dislikedcharts are simple, traders are complicated.
smaller time frames are just noise, like waves in the ocean that move but cant do anything against the ocean currents.
Take Care
PepeIgnored
DislikedHi Cloggie,
sometimes I feel like having found the holy grail with Elliott Wave, the other day I think I would be better off if I had never heard about it.
Take the day yesterday and today. Since the downmove from 3973 I was totally confused with Elliott wave, because I thought waves would evolve in another way. Same today. I was only able to take pips via scalping relying to my oscillators, MACD and Murrey Math.
I thought a lot about to get rid of Elliott Wave, but I have lived the past years with it. I see the waves everywhere...Ignored