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  • #1,216,301
  • Jun 24, 2022 5:08am Jun 24, 2022 5:08am
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JY 5' --- I think 134.26 is a serious LOW. I went long 2 pos. Looking for new highs.

This means E. crest is imminent in 1.05 60 ~ area... imho.

  • #1,216,302
  • Jun 24, 2022 5:38am Jun 24, 2022 5:38am
Quoting Robinhood1
Gbpchf Performed a 4 wave down (divergence) of which I can not show whole picture, does not fit in. Now, will find its low and up {image}
Just like gbpchf, cadchf has performed a 4th wave. If i am ok for leverage will go long in either of the 2 when ready
POSTMASTER
  • #1,216,303
  • Edited 6:08am Jun 24, 2022 5:45am | Edited 6:08am
Quoting Robinhood1
EU. I lean towards the most likely scenario. 1 of 2 waves up on 30m tf {image}
EURUSD 256m is due to fall. Therefore, smaller TFs must go into down trends, but not even 4m is in a downtrend yet. That is still rather far away from 32m, so "predictions" about whether 32m will go down to begin its down trend or go down as just another pullback to buy are more like guesses.
To free Gazans of Hamas, use whatever it takes.
  • #1,216,304
  • Jun 24, 2022 6:18am Jun 24, 2022 6:18am
Quoting DrDave
{quote} EURUSD 256m is due to fall. Therefore, smaller TFs must go into down trends, but not even 4m is in a downtrend yet. That is still rather far away from 32m, so 'predictions" about whether 32m will go down to begin its down trend or go down as just another pullback to buy are more like guesses.
Ok. I would only go in long if it falls below 1.0483 when i see what i suppose is to be the most acurate area. If i asked: how many sticks are 2 + 2? 99,99% would answer 4. Do we need the physical sticks to make sure we´r right? So, we have to train our mind to get the results right before its too late.
POSTMASTER
  • #1,216,305
  • Jun 24, 2022 6:23am Jun 24, 2022 6:23am
Quoting Robinhood1
{quote} Ok. I would only go in long if it falls below 1.0483 when i see what i suppose is to be the most acurate area. If i asked: how many sticks are 2 + 2? 99,99% would answer 4. Do we need the physical sticks to make sure we´r right? So, we have to train our mind to get the results right before its too late.
But 2 + 2 is dealing with the known and certain. Trading is more like 2 + "some amount", where "some amount" is totally dependent on the context at the moment.

So, I see it as a matter of training the mind to see the relationships between time frames and then acting according to probabilities based on previous observations.
To free Gazans of Hamas, use whatever it takes.
  • #1,216,306
  • Jun 24, 2022 6:30am Jun 24, 2022 6:30am
Quoting DrDave
{quote} But 2 + 2 is dealing with the known and certain. Trading is more like 2 + "some amount", where "some amount" is totally dependent on the context at the moment. So, I see it as a matter of training the mind to see the relationships between time frames and then acting according to probabilities based on previous observations.
Fair enough, that´s your approach because you don´t know what is "some amount". A few guys on the planet will know. But you can get to know. If you are convinced it is not possible then you will find or not a way to approach the best you can.
POSTMASTER
  • #1,216,307
  • Jun 24, 2022 6:39am Jun 24, 2022 6:39am
Quoting Robinhood1
{quote} Fair enough, that´s your approach because you don´t know what is "some amount". A few guys on the planet will know. But you can get to know. If you are convinced it is not possible then you will find or not a way to approach the best you can.
although we cannot determine the exact value for "some amount", we can find a range within which "some amount" lies with high probability. When the range gets small, we have an edge.
To free Gazans of Hamas, use whatever it takes.
  • #1,216,308
  • Jun 24, 2022 6:46am Jun 24, 2022 6:46am
Quoting DrDave
{quote} EURUSD 256m is due to fall. Therefore, smaller TFs must go into down trends, but not even 4m is in a downtrend yet. That is still rather far away from 32m, so "predictions" about whether 32m will go down to begin its down trend or go down as just another pullback to buy are more like guesses.
Try replacing 8,32,64,128,256 etc for 8.6, 86,860,8600
POSTMASTER
  • #1,216,309
  • Jun 24, 2022 6:58am Jun 24, 2022 6:58am
Quoting Robinhood1
{quote} Try replacing 8,32,64,128,256 etc for 8.6, 86,860,8600
That factor of 10 between values is simply too large to be useful for me. But thanks for the recommendation.

(I already sold and exited EU with my factor of 2 TFs.)
To free Gazans of Hamas, use whatever it takes.
  • #1,216,310
  • Jun 24, 2022 7:10am Jun 24, 2022 7:10am
Quoting Robinhood1
{quote} Just like gbpchf, cadchf has performed a 4th wave. If i am ok for leverage will go long in either of the 2 when ready
seeking lows. I will probably not go for it cos don´t want to overtrade. I will post when i think either of the 2 can turn up.
POSTMASTER
  • #1,216,311
  • Jun 24, 2022 7:47am Jun 24, 2022 7:47am
Any other low i will be adding tiny lots

cadchf

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POSTMASTER
  • #1,216,312
  • Jun 24, 2022 7:52am Jun 24, 2022 7:52am
Quoting Robinhood1
Any other low i will be adding tiny lots cadchf {image}
This ultra precise method has been added to my wave system 2 days ago after kind licenciado advised not to pray and hope. I still need challenges at my age of 58
POSTMASTER
  • #1,216,313
  • Jun 24, 2022 7:55am Jun 24, 2022 7:55am
It no make poopy-poopy, but rather instead, it make consolidation in preparation for further upthrust?
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  • #1,216,314
  • Jun 24, 2022 8:29am Jun 24, 2022 8:29am
Quoting Robinhood1
Any other low i will be adding tiny lots cadchf {image}
It seems like a good entry cadchf. I feel expectation from the industry. They are trying to wipe me out through gold that has made a new low. The Algorithm has been clever turning 4 waves into 3 which now became 4 again. There is not much room left ladies & Gentlemen.

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POSTMASTER
  • #1,216,315
  • Jun 24, 2022 8:32am Jun 24, 2022 8:32am
Quoting Robinhood1
{quote} It seems like a good entry cadchf. I feel expectation from the industry. They are trying to wipe me out through gold that has made a new low. The Algorithm has been clever turning 4 waves into 3 which now became 4 again. There is not much room left ladies & Gentlemen. {image}
So now we have 3 wave up on 15m tf for gold
POSTMASTER
  • #1,216,316
  • Jun 24, 2022 8:35am Jun 24, 2022 8:35am
Quoting Robinhood1
{quote} So now we have 3 wave up on 15m tf for gold
Problem the Algo has now, its oversold. A 3,2,3,2,3,2 wave sequence has stared. If we reach 3000 its fucked
POSTMASTER
  • #1,216,317
  • Jun 24, 2022 8:46am Jun 24, 2022 8:46am
Quoting Robinhood1
Eurjpy. As it stands now, turning point will be above 144.30 thus going into divergence 2,3,"3",2 and down we go. Licenciado, watch my exquisite precision from now. See if i can qualify for that job but pretensions have risen to 15 million year. Bitcoin in big trouble
For every day that passes I go up by 1 million
POSTMASTER
  • #1,216,318
  • Jun 24, 2022 9:03am Jun 24, 2022 9:03am
waiting for higher levels to sell from
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #1,216,319
  • Jun 24, 2022 9:14am Jun 24, 2022 9:14am
udsjpy. Going down yes or yes. It could make another divergence wave up but still going down

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POSTMASTER
  • #1,216,320
  • Jun 24, 2022 9:17am Jun 24, 2022 9:17am
Quoting ForexGoose
waiting for higher levels to sell from {image}
the 1.065 area could be a ceiling next week, maybe I will sell from there instead
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
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