DislikedLong 1.1590 sl 30 The ideal low would have been 1.1546 based on Elliot wave strategy but 54 seems sufficient. There should be a big move up soon! SIgnored
As Above, So Below
LIVE Trades Only : EURUSD & GBPUSD 122 replies
Strategy behind 1 EA (buy only) and 1 EA (sell only) 2 replies
Trading EURUSD only 43,752 replies
Eurusd-5m Trading Only 109 replies
Script to change EA to long only/ short only at a price level? 1 reply
DislikedLong 1.1590 sl 30 The ideal low would have been 1.1546 based on Elliot wave strategy but 54 seems sufficient. There should be a big move up soon! SIgnored
Disliked{quote} Neither do I, this is of course based on my analysis which indicates that there is a higher than 50% chance for a move up. I can only trade probabilities nothing more, nothing less. SIgnored
Disliked{quote} That's like forecasting the weather, right? Almost always wrong.Ignored
Disliked{quote} That depends on whether one truly understands it or not. The goal of EW is to find setups that have a greater than 50% chance to work out. And that has been the case for me and the reason that I am profitable. It is essentially a study that measures the psychology of the traders to spot points of euphory, greed, fear and so on and develop trading strategies based on these emotions.Ignored
DislikedC should contain 5 minor waves. If it breaks, using the fan principle, this seems most likely. For a triple bottom at FE 61.8 before reversal? And using Fib Exspansion in the other direction as you can see FE 61.8 is the break, FE100.0 and FE161.8 targets. Love it when a plan comes together lol I'm playin this as you can see, but still holding short! Grtz {image}Ignored
Disliked{quote} Hi there, my lines are rather less complex, but then so is my knowledge about trading. Right, that said, I found that pierced fractal support line on my daily chart. Usually if it has been pierced, it will be broken again..... well, except those times when it doesn't happen and it doesn't mean either that it could not go a bit farther up in the meantime. btw, I'm holding my shorts too. TP 1.155 {image}Ignored
DislikedH4 Quick Outlook All I see is a tight square.. staying away from intraday action.. 1.1613 will be obviously resisting and is main key to the mystery.. while below it, bulls are trapped.. On the bearish side, while above 1.1586 bears also seem to be trapped.. all we need is vola for a breakout.. but obviously not in following 12 hours.. I call it a day.. see you tomorrow at Frankfurt open.. be blessed.... Stay Green {image}Ignored