jesus christ I just camr home and it moved 120 pips down and 130 up already ?
- #42,613
- Dec 3, 2007 5:20am Dec 3, 2007 5:20am
- Joined Sep 2006 | Status: Trader | 2,272 Posts
its just money
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Dislikedforexguru -> your count is wrong.Wave 4 could not reach any price below the top of wave 1.Check the basic rules of ew again and come back tomorrowIgnored
Dislikedwe speak about cable and forex here.. if you expect to be correct on the last pip then you better stop using any analysis of elliot as nothing is 100% on exact points.Ignored
DislikedPlease go your mailbox i sended you too screenshot maybee you uplod that picture i dont know where Tim gone .Ignored
Dislikedit was small, I had to zoom and here we are.. just explain what is thatIgnored
DislikedHere we see its strong UP trend sience 2006.04.19 and cable keeps going up
Here we see cable must going down somewhere ~2.03 or ~2.01 can be maximum down then its turns back up somewhere ~2.1 or 2.2 with small ratraces +-150 pipses .Ignored
DislikedThis is one fundamental rule of ew.If you change rules in order to see what you want to see than you're using the Forexguru wave theory and not the ew.Ignored
Dislikedlooking at a monthly chart, i cant help thinking at what level it will turn back down atIgnored
DislikedRight now yes if price going lower than 2.01 then i start looking cable short trend .Ignored