i'm agree Pip...
my target at EMA 100 on the monthly TF.
cheers... !
Elliott Wave Counting with EG 2,835 replies
EUR/USD and other - Elliott Wave Analysis 21 replies
The Basics of Elliott Wave Theory 128 replies
Elliott Wave Gbp/usd 4 replies
(Euro) Elliott Wave Formations 43 replies
Disliked{quote} I've been waiting for that 1.3450 for a long while.... since 03/17/2013 -pay attention to blue dots and history repeating {image} updated {image}Ignored
Dislikedi think, the hedging system makes market so stagnan like now and it's very boring !Ignored
Disliked{image}Sir Olu, your analysis is a good one and very helpful. But dont you think we should hold on a bit so as to be sure that the resistance build up at 0.94884 wouldn't be valid. thanksIgnored
Disliked{quote} Hi Pelumi I hear you and your point is a good one. But I think the savagery of the downmove does require a retracement. I cant say that the bottom is in all I can say is that I see 5 wave down complete. People like MIB, LC and other better wavers can drill down into the nitty gritty. I trade the daily chart. There is bullish divergence with stochastics on the daily chart as well. And price put in a hammer yesterday. All this is pointing to at least an attempt to bottom OluIgnored
Disliked{quote} I 100% agree with you on all points made. However, a conservative trader would wait for a pullback after resistance is broken. A more aggressive trader (like me) would have bought on a pullback to the open price of the daily hammer A/U H1 {image} A/U Daily {image}Ignored
DislikedSir Olu, Sorry I was actually analysing on the 4hr chart. I only use the daily chart for trend confirmation. would take out time to reconcile both timeframe. Thanks for the vital info.Ignored
Disliked{quote} No need to apologise. your point is a good one. We are allowed to have different views. The market itself exists because people have different views. Price can turn around and blow past the hammer. Anything can happen. We just use TA to try and reduce the odds against usIgnored
Disliked{quote} Hi PipTrapper I am a conservative trader and will be looking for a pullback. That's the way I trade. By the way kudos to you aggressive high octane traders What are you thoughts about usdcad 1.0150 was hit today and we got a bounce. I feel if we smell that area I will go long... OluIgnored