DislikedYes but largely better than expected. So difficult to trade with a 'tentative' release like this.Ignored
we should get some reaction in about 5-20mins
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DislikedYes but largely better than expected. So difficult to trade with a 'tentative' release like this.Ignored
DislikedI would've shorted it at 1.0597, but I had my order at 1.0598. Don't see why you would short it after it's fallen so much.Ignored
DislikedI would've shorted it at 1.0597, but I had my order at 1.0598. Don't see why you would short it after it's fallen so much.Ignored
DislikedIn my opinion, it's all relative, these figures. Wait till we have 1.01xx then 1.03 would be looking like the rooftop.Ignored
DislikedNow you make me dream of 0.9xxx - the bottom of where some goldmine must have been buried.Ignored
Dislikedfrom where im seeing, your EWP is pointing to the wrong directions..
you and DB have both been calling up and up since last week but AUD is down and keep dropping..Ignored
Dislikedif AUD gets to 0.9 and economy starts to improve.. RBA will increase rates.. AUD will be up again..Ignored
DislikedDisclaimer: Not trying to be a contrarian here. I'm just stating my opinion and looking for rationale discussion.
I don't see any use in EWP. I respect every trader that uses EWP (some of which are here on this thread) and I would never be so ignorant as to say it is useless to everyone. All I'm saying is I don't see a way where it is beneficial. I should also note here that I trade pretty actively. By that I mean I usually enter and exit trades every day of the week. Perhaps on a larger time frame EWP has more merit - such as monthly or yearly...Ignored
Dislikedhey thanks for that, i didnt know we have another chinese data today.
im exhausted after this week..Ignored
DislikedMy friend, thank you for your comments. It is the law of nature. 5 ahead, 3 back is the most efficient way for things in nature, economies, and markets to grow. Fib sequence is how the universe is put together. When you do your analysis correctly, it will generally comply with s/r zones.
The reason it can work is because it is difficult to learn and apply and that there are so many who do not use it or believe it.
What is important is that people find a system that works for them.
Regards,
ScottIgnored
DislikedWrong. When a leaf grows, it doesn't grow because of the number 3 or 5, it grows because there are growth hormones placed at a certain spot on the shoot based on the previous leaf, which is based on the previous leaf, and so on. The hormones are placed there in order to maximize sunlight exposure while minimize shade on itself. Basically, the leaves grow as far apart from each other as possible.Ignored
QuoteDisliked5 ahead, 3 back is the most efficient way for things in nature