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  • #123,841
  • Edited 1:52am Jan 12, 2021 1:03am | Edited 1:52am
Quoting shahab8b
{quote} I think not. The 100 year old system still works fine. {image}
I totally missed this drop I'm not happy. I always buy the top of this wave and trapped upside down time and time again. You produced some fine wave principle there its brilliant well done. Elliot wave is fundamentally flawed but still its second best system out there haha produces great trades. I was focusing on the higher time frame 80 pips from target missed top of 5 down into over extended 6. Should support on or above* 1.2120 and go back up into 7 completing the move up in this time frame and triggering the bigger move down in the next higher time frame that I'm focused on. Have ending reverse symmetrical triangle moving down into D position will go upto E at upper trend line target 1.2430 1.25 before heading back down. I couldn't count this properly the bottom didn't make no sense to me and I see you only labelled the triangle where's your starting point for this count?

Wave 4 is inside wave 1 wave 5 is so exagerated its sub wave 1 looks like 6 in the higher time frame I thought we was beyond this 6 drop already going to top at 7 1.24 wave 5 sub 4 is inside wave 5 sub 1 to.
Founder of Sutherland Wave Principle
  • #123,842
  • Jan 12, 2021 1:38am Jan 12, 2021 1:38am
These are my areas of interest.
Attached Image (click to enlarge)
Click to Enlarge Name: DXY and EUR SMT chart 111.png Size: 77 KB
  • #123,843
  • Jan 12, 2021 2:01am Jan 12, 2021 2:01am
Shit hit the fan at the capital aye. Communist world dictatorship with U.S corporation under U.N corp vs America Republic restored with access to bill of rights and constitution... Which way it will go and how would either outcome effect eur/usd? I only see long term rise in eur vs $

150 years of civil war since Lincoln was shot somethings got to give.
Founder of Sutherland Wave Principle
  • #123,844
  • Jan 12, 2021 2:32am Jan 12, 2021 2:32am
H1 UPDATE.
Attached Image (click to enlarge)
Click to Enlarge Name: EurUsd H1 1.png Size: 59 KB
  • #123,845
  • Jan 12, 2021 2:51am Jan 12, 2021 2:51am
The way price behaves for the past few hours, IMO we're going to see a new weekly LOW soon. Unless M15 manages to close above 1.2177
Attached Image (click to enlarge)
Click to Enlarge Name: EurUsd M15.png Size: 65 KB
  • #123,846
  • Jan 12, 2021 2:58am Jan 12, 2021 2:58am
Closing a small scalp here and waiting for H1 to close.
Attached Image (click to enlarge)
Click to Enlarge Name: 111.png Size: 10 KB
  • #123,847
  • Jan 12, 2021 3:03am Jan 12, 2021 3:03am
This is my (special) EUR chart. IMO it needs to go DOWN a little more before reversing.
Attached Image (click to enlarge)
Click to Enlarge Name: Lesson for VALTER 2.png Size: 168 KB
  • #123,848
  • Jan 12, 2021 3:23am Jan 12, 2021 3:23am
Quoting andvk74
This is my (special) EUR chart. IMO it needs to go DOWN a little more before reversing. {image}
sorry man, can you explain yours chart ? Tx.
  • #123,849
  • Jan 12, 2021 3:41am Jan 12, 2021 3:41am
I think we will see 1.22568 today, but bulls have a lot of work to do
Risk comes from not knowing what to do
  • #123,850
  • Jan 12, 2021 3:54am Jan 12, 2021 3:54am
Quoting andvk74
This is my (special) EUR chart. IMO it needs to go DOWN a little more before reversing. {image}
Very special indeed. Trying to find out how the green chart is calculated. Would appreciate any help.
  • #123,851
  • Jan 12, 2021 4:41am Jan 12, 2021 4:41am
Quoting andvk74
This is my (special) EUR chart. IMO it needs to go DOWN a little more before reversing. {image}
I use H1 chart: I take the daily HIGH and LOW and put a line from one to the other. After that on the empty space below just connect those lines and put a new one after a day closes.
Here is an example for the last 6 days.
Attached Image (click to enlarge)
Click to Enlarge Name: Lesson for VALTER 3.png Size: 50 KB
  • #123,852
  • Jan 12, 2021 4:43am Jan 12, 2021 4:43am
I' just look for ways to look at markets like nobody does it. So to say - against all the known methods.
  • #123,853
  • Jan 12, 2021 4:46am Jan 12, 2021 4:46am
Quoting andvk74
I' just look for ways to look at markets like nobody does it. So to say - against all the known methods.
This is the thing about FX, you just have to find some principles that work for you and practice them daily until they make you money.
  • #123,854
  • Jan 12, 2021 4:58am Jan 12, 2021 4:58am
Quoting andvk74
{quote} I use H1 chart: I take the daily HIGH and LOW and put a line from one to the other. After that on the empty space below just connect those lines and put a new one after a day closes. Here is an example for the last 6 days. {image}
I'm 100% sure when you sleep you dream about forex.
Biggest Mistake ? Over Leverage
  • #123,855
  • Jan 12, 2021 5:02am Jan 12, 2021 5:02am
OK we did get a close below on H1. Let's see if it pans out like it should.
Attached Image (click to enlarge)
Click to Enlarge Name: EurUsd H1 2.png Size: 54 KB
  • #123,856
  • Jan 12, 2021 5:37am Jan 12, 2021 5:37am
Happy New Year traders
  • #123,857
  • Jan 12, 2021 5:37am Jan 12, 2021 5:37am
Quoting suthmo
{quote}I totally missed this drop I'm not happy. I always buy the top of this wave and trapped upside down time and time again. You produced some fine wave principle there its brilliant well done. Elliot wave is fundamentally flawed but still its second best system out there haha produces great trades. I was focusing on the higher time frame 80 pips from target missed top of 5 down into over extended 6. Should support on or above* 1.2120 and go back up into 7 completing the move up in this time frame and triggering the bigger move down in the next...
My starting point is 1.16. I'm expecting this to unfold as an abc correction.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1 1 12.png Size: 54 KB
  • #123,858
  • Jan 12, 2021 5:47am Jan 12, 2021 5:47am
Bulls need an H1 candle close above 1.2160 for more upside.. Otherwise bears might kick in very soon.. Beware!

Stay Green
Focus only on what truly matters!
  • #123,859
  • Jan 12, 2021 5:50am Jan 12, 2021 5:50am
There'll be an attempt to touch 1.2170 and that 1hr closes below 1.2158 or better 1.2150, bears will take it to 1.2120.
The roof 1.2176 need to be broken down for bulls.
  • #123,860
  • Jan 12, 2021 6:28am Jan 12, 2021 6:28am
The bulls seem relentless despite previous 1H close.
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