Break of SBR without retest , might be a chance to enter if a retest occurs.
Follow The Markets Structure - Patience and Discipline
- Post #723,361
- Quote
- Jan 25, 2:18pm (40 hr ago) Jan 25, 2:18pm (40 hr ago)
- Joined Oct 2010 | Status: Member | 2,972 Posts
- Post #723,362
- Quote
- Jan 25, 2:23pm (40 hr ago) Jan 25, 2:23pm (40 hr ago)
- Joined Dec 2008 | Status: Super Newbie | 11,256 Posts
I come from the future.
- Post #723,363
- Quote
- Jan 25, 2:26pm (40 hr ago) Jan 25, 2:26pm (40 hr ago)
- Joined Dec 2008 | Status: Super Newbie | 11,256 Posts
UJ
LONG 
LONG
I come from the future.
- Post #723,364
- Quote
- Edited 2:45pm Jan 25, 2:27pm (40 hr ago) | Edited 2:45pm
{quote} SnailFX, if GU closes above (b) point @1.2414 on a daily basis the short sellers might be in trouble (the dow theory).
I am very excited to see if that Wave C of the Correction Wave 4 is going to play out or not.
I think we're having a really nice 1,2,3,4,5 Wave developing. This could be huge!
5th Wave should lead us to parity no?
On your Chart, shouldn't that be Wave (E)? Meaning Wave (D) starting from the Black Line I put on the chart?
I just started learning!
On your chart, the right side, we can see that Wave 4 has failed. If we pressume that (A) was 1, (B) was 2 etc.
It failed because the "4th Wave" entered the territory of the 1st Wave aka (A).
I read in a book that if the 4th Wave enters the territory of the 1st Wave, that makes the whole concept invalid.
This is why it's all in letters right?
We are still in that correction phase I guess.
Now a new Wave is starting to form is what you're saying right? It started to form from the end of the (C) Wave I think on your chart?
This is why you need to see the price closing above 1.2414, because Waves usually start with impulsive moves?
Thanks again!
- Post #723,365
- Quote
- Jan 25, 2:29pm (40 hr ago) Jan 25, 2:29pm (40 hr ago)
- Joined Aug 2022 | Status: Stubborn, slow but still learning! | 1,521 Posts | Online Now
Stubborn, often slow but still learning!
- Post #723,366
- Quote
- Jan 25, 2:33pm (39 hr ago) Jan 25, 2:33pm (39 hr ago)
back to Day or Knight where ever ur bounderies ...road less travelled...
Relax, focus and trade what you see. Copyright
- Post #723,367
- Quote
- Jan 25, 2:38pm (39 hr ago) Jan 25, 2:38pm (39 hr ago)
- Joined Sep 2020 | Status: Member | 4,617 Posts
If I don't mention SL and TP = longer-term setup possibly in the works!
- Post #723,368
- Quote
- Jan 25, 2:39pm (39 hr ago) Jan 25, 2:39pm (39 hr ago)
- Joined Dec 2017 | Status: Member | 21,551 Posts
- Post #723,369
- Quote
- Jan 25, 2:40pm (39 hr ago) Jan 25, 2:40pm (39 hr ago)
- Joined Oct 2009 | Status: Member | 2,544 Posts
{quote} Right now GU is having a hard time getting across 1.24!
Always trade your own plan...I don't provide trading signals.
- Post #723,370
- Quote
- Jan 25, 2:40pm (39 hr ago) Jan 25, 2:40pm (39 hr ago)
- Joined Aug 2022 | Status: Stubborn, slow but still learning! | 1,521 Posts | Online Now
Stubborn, often slow but still learning!
- Post #723,371
- Quote
- Jan 25, 2:42pm (39 hr ago) Jan 25, 2:42pm (39 hr ago)
- Joined Aug 2022 | Status: Stubborn, slow but still learning! | 1,521 Posts | Online Now
{quote} dantpm, yeah, but bulls' rejection is not as swift as the first time. The bulls still hanging around. The bears need Soros...
Stubborn, often slow but still learning!
- Post #723,372
- Quote
- Jan 25, 2:47pm (39 hr ago) Jan 25, 2:47pm (39 hr ago)
- Joined Aug 2018 | Status: Veteran | 3,325 Posts | Online Now
Swing and Intraday
- Post #723,373
- Quote
- Jan 25, 2:52pm (39 hr ago) Jan 25, 2:52pm (39 hr ago)
- Joined Sep 2017 | Status: Active | 2,933 Posts
Expect the most when the least is expected. I love trading
Cheers.
Cheers.
Trade to trade another day
- Post #723,374
- Quote
- Jan 25, 2:52pm (39 hr ago) Jan 25, 2:52pm (39 hr ago)
{quote} The planet doesn't need Soros and never did!
"the public is not yet ready for it" W.D. GANN
- Post #723,375
- Quote
- Jan 25, 2:55pm (39 hr ago) Jan 25, 2:55pm (39 hr ago)
Expect the most when the least is expected. I love trading
I'm enjoying the wins because I was once terrified by loses
Erto All Time Return:
15.5%
- Post #723,376
- Quote
- Jan 25, 2:56pm (39 hr ago) Jan 25, 2:56pm (39 hr ago)
- Joined Aug 2022 | Status: Stubborn, slow but still learning! | 1,521 Posts | Online Now
{quote} of course, he cost the planet 1 Billion and gave it a Black Wednesday
Stubborn, often slow but still learning!
- Post #723,377
- Quote
- Jan 25, 2:56pm (39 hr ago) Jan 25, 2:56pm (39 hr ago)
- Joined Nov 2020 | Status: Member | 4,121 Posts
- Post #723,378
- Quote
- Jan 25, 3:03pm (39 hr ago) Jan 25, 3:03pm (39 hr ago)
- Joined Sep 2017 | Status: Active | 2,933 Posts
{quote} your UJ is beautiful I wish it was mine
Grind. patience and let it loose. Turn your back and Walk away, Don't interfere with the broth until fully cooked.
Cheers.
Trade to trade another day
- Post #723,379
- Quote
- Jan 25, 3:06pm (39 hr ago) Jan 25, 3:06pm (39 hr ago)
- Joined Jan 2009 | Status: WHO AM I €&$ ? | 7,449 Posts | Online Now
I NEVER LOSE/=I EITHER WIN OR LEARN
- Post #723,380
- Quote
- Jan 25, 3:13pm (39 hr ago) Jan 25, 3:13pm (39 hr ago)
- Joined Jul 2021 | Status: AGAINST ALL ODDS | 1,607 Posts | Online Now
NZDJPY LONG
If it was easy... Everyone would do it!