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- Forex Magic replied May 2, 2018
. Two days of Battle and I am back to the financial highs of last week. Today was benefiting from Euro/Dollar selling and SPX scalping. I am "open-minded" about SPX but remain Bearish in Euro-Dollar and with the targets on the chart in view. All ...
(binned per thread starter’s request) The Journey
- Forex Magic replied May 1, 2018
. SPX - Today's move up is extremely bullish and so I side-line my ideas that another wave down will follow somewhere within the Retraction Range of the previous move down, for now. I will wait for more confirmation
(binned per thread starter’s request) The Journey
- Forex Magic replied May 1, 2018
. May Month Commences. SPX appears to have done as expected but I think it still formed only one wave down. Therefore, I expect now a reasonably significant 3 leg pull-back. The Fibo. Levels should be noted for confirmation because the next wave ...
(binned per thread starter’s request) The Journey
- Forex Magic replied Apr 30, 2018
. Note: FF appear to have moved this thread to "Trading Journals". I placed it in Discussion to encourage discussion. Replies and Responses are welcome regardless.
(binned per thread starter’s request) The Journey
- Forex Magic replied Apr 30, 2018
. In the first instance, I attach SPX M5 Chart and which shows what appears a clear 5 waves down (possibly complete but uncertain about that). If correct we should get a 3 leg pull-back before another thrust down. Secondly, my Grand Plan didnt work ...
(binned per thread starter’s request) The Journey
- Forex Magic replied Apr 26, 2018
. I can not be so certain that I can safely assume that Wave E of the Triangle at a senior degree is complete. If not we need another Zig-Zag down towards the base line of the triangle. However, I think that we are in a situation where SPX (at least ...
(binned per thread starter’s request) The Journey
- Forex Magic replied Apr 26, 2018
. It has been quite an eventful day...... in some ways. My lower abdomen is painful and if that is not bad enough upon a "minor trump" while sitting at my desk I actually made a dirty deposit in my pants! This is not something that happens normally ...
(binned per thread starter’s request) The Journey
- Forex Magic replied Apr 26, 2018
. I took a couple of small gains but the best move for now appears in SELL. My Stop is at the top. Somewhat 50/50 but we can't sit here all day watching, can we?!
(binned per thread starter’s request) The Journey
- Forex Magic replied Apr 26, 2018
Pretty Chart.... but it is not telling me anything particularly. What do You see ahead?
Dax - Daily analysis and Discussion
- Forex Magic replied Apr 26, 2018
. Apple, Facebook and Google all appear vulnerable to further declines and so it not so easy for me to get too Bullish in my bias yet....
(binned per thread starter’s request) The Journey
- Forex Magic replied Apr 26, 2018
. Thursday 26, 2018 ~ Good Morning! SPX is painting an ambiguous picture. The Triangle may be complete. I would like to think it will have more downside but we could be facing the early stages of a new Impulse which would expect a new all-time high ...
(binned per thread starter’s request) The Journey
- Forex Magic replied Apr 25, 2018
. I am out for now. Price action is too choppy to get a reliable and strong signal today. I can see now an argument to go either way but given the time of day it is best that I wait for later or tomorrow morning and take matters from there. ...
(binned per thread starter’s request) The Journey
- Forex Magic replied Apr 25, 2018
. SPX could be facing a new low. The Triangle in the "Bigger Picture" suggests CAUTION around the Lows and the Base Line of the Triangle (or above it).
(binned per thread starter’s request) The Journey
- Forex Magic replied Apr 25, 2018
. SPX may extend and become perhaps an Expanded Flat and push towards the next Target (in Black). I am flat for now. Daily performance is good and new levels reached. Diary shows new Balance of £3170 and "Floating" at +1
(binned per thread starter’s request) The Journey
- Forex Magic replied Apr 25, 2018
. I am Scalping Long and Short at such a rate that sharing step-by-step is not practical. Price action remains range-bound in SPX and so maybe further downside is warranted and to be expected.... but not guaranteed at all. Meanwhile, I hit a new ...
(binned per thread starter’s request) The Journey
- Forex Magic replied Apr 25, 2018
. I dont know about You guys but I will share my "Diary / Journal" method, because it is effective and simple. I NEVER account for the "Reasons" or "Logic". I make a Note of the last FULL £10 gain and "lock it in" so that my Diary shows for example ...
(binned per thread starter’s request) The Journey
- Forex Magic replied Apr 25, 2018
. I am hoping that SPX has developed a 3-3-5 Flat which slopes down and thus that we may get an Extension of the Thrust down about now. Target @ 2605.4
(binned per thread starter’s request) The Journey
- Forex Magic replied Apr 25, 2018
. Wave Count for DAX / GER30 paints a very Bearish scenario. Wave y (2 or B) may already be complete
(binned per thread starter’s request) The Journey
- Forex Magic replied Apr 25, 2018
. My View in DAX / GER30 is really quite Bearish.
Dax - Daily analysis and Discussion
- Forex Magic replied Apr 25, 2018
. My Preferred Count and View in JPN225 is also rather Bearish. Yesterdays Entry may be a little premature but I remain hopeful
(binned per thread starter’s request) The Journey