Morning Emmanuel, I often go to Compassfx to listen to Dean Malone's videos on the Synergy system (PAC & TDI) they are very helpful and complement your
strategy. Have a good week.
strategy. Have a good week.
1
- #86,306
- Mar 14, 2018 3:46am Mar 14, 2018 3:46am
- Joined Apr 2011 | Status: NQ eta moi lybov... | 3,030 Posts
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
- #86,309
- Mar 17, 2018 6:25am Mar 17, 2018 6:25am
- Joined Apr 2011 | Status: NQ eta moi lybov... | 3,030 Posts
Here's a head's up for a potential trade on the Loonie for you guys.
I don't trade such time scales as the daily, but i know many of you do.
Here is a potential overall EW count on the daily;
It would mean a simple ABC move where we might see wave C being 100% of wave A. This means likely fresh lows, or even if the correction is prolonged, we would expect either an X wave or B wave next, (ie - a long way down from here)
On the faster time frame, it appears to be hitting resistance and forming a wedge. It might try and pop up first before reversing, but it does look increasingly stretched as the 5th wave of the overall 5th also looks like it is topping out;
Personally, i would wait for the trend to confirm it's changed, but maybe you can run your indicators over it in the coming days and see if you get a trigger...
GL
I don't trade such time scales as the daily, but i know many of you do.
Here is a potential overall EW count on the daily;
It would mean a simple ABC move where we might see wave C being 100% of wave A. This means likely fresh lows, or even if the correction is prolonged, we would expect either an X wave or B wave next, (ie - a long way down from here)
On the faster time frame, it appears to be hitting resistance and forming a wedge. It might try and pop up first before reversing, but it does look increasingly stretched as the 5th wave of the overall 5th also looks like it is topping out;
Personally, i would wait for the trend to confirm it's changed, but maybe you can run your indicators over it in the coming days and see if you get a trigger...
GL
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
- #86,310
- Mar 17, 2018 9:18am Mar 17, 2018 9:18am
- Joined Nov 2012 | Status: Trader | 2,339 Posts
I Have Learned to Take Some Losses to Make Profits
- #86,312
- Mar 18, 2018 4:00pm Mar 18, 2018 4:00pm
- | Joined Nov 2016 | Status: Trader | 1,096 Posts
'in less than half an hour he made over 100 ticks'
- #86,313
- Edited 6:00pm Mar 18, 2018 5:50pm | Edited 6:00pm
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
{quote} Yes, you would think that there would be some live trading or some evidence that the method still works. I'd love to just wait for the cross, and then boom money in the bank. It would feel so good and all that.
- #86,314
- Mar 18, 2018 6:32pm Mar 18, 2018 6:32pm
- | Joined Nov 2016 | Status: Trader | 1,096 Posts
'in less than half an hour he made over 100 ticks'
- #86,315
- Mar 19, 2018 2:21am Mar 19, 2018 2:21am
- Joined Jun 2013 | Status: Membership Rewarded | 3,206 Posts
Risiko birgt immer auch die Chance.
- #86,317
- Mar 19, 2018 3:53am Mar 19, 2018 3:53am
- Joined Nov 2008 | Status: Trader | 50,194 Posts
If you sold the COMMOD currency pairs AUD, NZD and CAD last week, looks like more selling until FOMC on Wednesday.
I have my USDCAD target at 1.3200. 3 positions protected and now floating +700.
Lets see if it get there before FOMC.
Inserted Video
I have my USDCAD target at 1.3200. 3 positions protected and now floating +700.
Lets see if it get there before FOMC.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #86,318
- Mar 19, 2018 3:56am Mar 19, 2018 3:56am
- Joined Nov 2008 | Status: Trader | 50,194 Posts
For Emmanuel and TMS traders, hope you enjoy a very good weekend Last week was an excellent week for me and thought its good to share it with TMS , good luck for all +202 pips gained on EUR/AUD for the week {image}
nice.You still hard at work with just one pair and on H1.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #86,319
- Mar 19, 2018 3:59am Mar 19, 2018 3:59am
- Joined Nov 2008 | Status: Trader | 50,194 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #86,320
- Mar 19, 2018 4:28am Mar 19, 2018 4:28am
- Joined Feb 2013 | Status: constructively provocative | 1,505 Posts
mind over matter