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- MudraGuru replied Oct 15, 2015
Hi FX - Ray, You are doing a great work here.. I would like to read more about decision points and how to find them.. thanks in advance MG
- MudraGuru replied Nov 21, 2014
that could be possible and in that case it would correct the whole move, which started from 168... or may be which started from 116 area .. but i think that kinda correction would start after printing 190 - 91 or 199 - 200
- MudraGuru replied Nov 21, 2014
and one more thing... current price action should not go above 185.10 ... otherwise it would be an indication that the correction has completed and it has started for 186.80 -90 ..
- MudraGuru replied Nov 21, 2014
i hope it should make some sense... i havent mentioned fibo levels but all of them are one or another fibo level
- MudraGuru replied Nov 21, 2014
i dont think it would go below 183.30 level ... 183.70 is a fibo level, where it should reverse and move for 186.80 - 186.90... there would be another reversal after printing 186.80 - 90 and finally it would aim fro 190 - 191 area...
- MudraGuru replied Nov 21, 2014
After all its good to see a nice and profitable weekend ...since it has taken 184.65 level now it should retrace till 183.60 - 75 area, which is another fibo level...
- MudraGuru replied Nov 20, 2014
right now it may retrace till 184.65
- MudraGuru replied Nov 20, 2014
i think it is heading for 186.87 which is the target ( 161.8% of wave 1 of wave 5 ) of wave 3 of wave 5... anyone else who is having similar analysis?
- MudraGuru replied Nov 19, 2014
thanks Hickson... but i m really feeling bad.. this was the first time when i waited for almost 2 days to get buy position triggered and still couldnt do the best.. anyway going to sleep otherwise i will make more mistakes ... dont wanna see my SLs ...
- MudraGuru replied Nov 19, 2014
i am the fool of the day... i am advocating since last one week that GJ will cross 185 and i myself closed all my long positions at 183.30 and went short.. now in a loss of around 160 pips and put my SLs at 185.20 .... Learned a big lesson... ...
- MudraGuru replied Nov 18, 2014
taken profit at 182.80... Now i m leaving it... atleast for next 8hrs... i would like to see wats going to happen next...
- MudraGuru replied Nov 18, 2014
added some more longs at 182.35... SL at 182.00
- MudraGuru replied Nov 18, 2014
i was relying big time on EW and that was the basis of taking a buy position at 181.45 with SL at 181.00 ( below 181.07 was the invalidation of 1st wave of 5th wave ) and i was correct.. this was the classic case of EW ( 2nd wave can never go below ...
- MudraGuru replied Nov 18, 2014
guys i m feeling nervous.... everyone is having his own speculations, targets, TPs, SLs.... i have taken profit on 70% of my positions ( 181.45 - 183.10).. i still believe that this price will go above 185.00, but for now i m at peace.. my weekly ...
- MudraGuru replied Nov 17, 2014
so finally my buy ( a big buy) has been placed... lets see the next move .... bought at 181.45 with SL at 181.00 and TP above 185
- MudraGuru replied Nov 13, 2014
extending wave 3? which one.. can you please post a pic
- MudraGuru replied Nov 13, 2014
u r right... i bought in small lot sizes around 181.60 - 65 - 70 and made profit... but my real deal is sitting at 181.45.. and i missed it.. i think i should be away from trading for some time and wait to see how it is going to unfold
- MudraGuru replied Nov 13, 2014
missed it again...
- MudraGuru replied Nov 13, 2014
ha ha ha.... i have never waited for a price this long.... my buy limit is at 181.45 , it came close enough to just shake hands and left in a jiffy, twice already...