Wow .. u are truly optimistics ..
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #192,181
- Aug 27, 2009 9:09pm Aug 27, 2009 9:09pm
- Joined Oct 2007 | Status: Saudi Arabia/Dubai | 3,584 Posts
- #192,182
- Aug 27, 2009 9:11pm Aug 27, 2009 9:11pm
- Joined Apr 2009 | Status: RETIRED | 1,947 Posts
wow ! congratulates sinner !! for me is over -200 pips red pips
- #192,183
- Aug 27, 2009 9:12pm Aug 27, 2009 9:12pm
what can i do Mr.Elliot is telling me this i hope he is right
Trading Forever !!!
- #192,184
- Aug 27, 2009 9:13pm Aug 27, 2009 9:13pm
You take too many trades in the middle. Wait for setup: break out and retrace to support resistance zone and then unless you are 100% confident of your move only take slice from the overall move. Just think, for -200 pips drawdown you could have waited for H4 sell signal with -200 SL and be in green +200 by now! Be patient!
Trading Forever !!!
- #192,185
- Aug 27, 2009 9:14pm Aug 27, 2009 9:14pm
- | Joined Nov 2006 | Status: Trader | 5,040 Posts
sorry mate am out earlier yesterday....now over sleep n still in my bed
Enjoy your rest, you need it bro.
- #192,187
- Aug 27, 2009 9:15pm Aug 27, 2009 9:15pm
- Joined Apr 2009 | Status: RETIRED | 1,947 Posts
what can i do Mr.Elliot is telling me this i hope he is right
H4 ichi tells us she not safe to short until she back above 153.96 but remain closing below 155.33. Wait for your setups!
- #192,189
- Aug 27, 2009 9:20pm Aug 27, 2009 9:20pm
Guys please excuse my poor Ichimoku chart as I am at work have to use java based charts rather than MT4
H4 ichi tells us she not safe to short until she back above 153.96 but remain closing below 155.33. Wait for your setups!
Trading Forever !!!
- #192,190
- Aug 27, 2009 9:21pm Aug 27, 2009 9:21pm
- Joined Oct 2007 | Status: Saudi Arabia/Dubai | 3,584 Posts
problem is i still didn't make good analysis for GJ it more complicated than GU
if i was right and GU shoot up what GJ reaction ? is 151 area is the current buttom ? or there is possiblity to go below 150 with UJ help
with elliott analysis it has no problem if GJ goes down to 147 but below 146 it will be out of control and no more bullish move to above 163
so i guess am gonna stick with GU since its more clear
if i was right and GU shoot up what GJ reaction ? is 151 area is the current buttom ? or there is possiblity to go below 150 with UJ help
with elliott analysis it has no problem if GJ goes down to 147 but below 146 it will be out of control and no more bullish move to above 163
so i guess am gonna stick with GU since its more clear
- #192,191
- Aug 27, 2009 9:23pm Aug 27, 2009 9:23pm
- | Joined Nov 2006 | Status: Trader | 5,040 Posts
Ralph Nelson Elliott (July 28, 1871, in Marysville, Kansas, United States – January 15, 1948) was an American accountant, author, and the creator of the Elliott wave theory, which is based on Fibonacci numbers and is used to describe market trends in the stock market.
- #192,192
- Aug 27, 2009 9:26pm Aug 27, 2009 9:26pm
If ain't mistaken, Mr. Elliot himself was confused with the waves and couldn't completely comprehend how it worked, only his admirers continue to explore his imaginative vision and it's still a mysterius formula
Trading Forever !!!
- #192,193
- Aug 27, 2009 9:26pm Aug 27, 2009 9:26pm
- Joined Jan 2009 | Status: bye FF | 8,806 Posts
If ain't mistaken, Mr. Elliot himself was confused with the waves and couldn't completely comprehend how it worked, only his admirers continue to explore his imaginative vision and it's still a mysterius formula
that wave thing is to complicated...dang i pollow and imagine how they manage profit since u cannot tell when each wave will end..
i respec elliot wave traders alot....but 1 thing in forex is support and resistance....number 1
MY OPINION NOT FINANCIAL ADVISE
- #192,196
- Aug 27, 2009 9:28pm Aug 27, 2009 9:28pm
- | Commercial User | Joined Oct 2008 | 5,712 Posts
that wave thing is to complicated...dang i pollow and imagine how they manage profit since u cannot tell when each wave will end..
i respec elliot wave traders alot....but 1 thing in forex is support and resistance....number 1
n they should know how to play with all tf....
- #192,197
- Aug 27, 2009 9:28pm Aug 27, 2009 9:28pm
- Joined Jan 2009 | Status: bye FF | 8,806 Posts
but at least msniper used it wisely !
msniper is not close to the wave thing..there is alot behind elliot wave...the book from mr elliot is basic and advcance..very huge and brain work...candle parttern, trendline and ur support and resistance is enough if this business is for ya.
MY OPINION NOT FINANCIAL ADVISE
- #192,199
- Aug 27, 2009 9:29pm Aug 27, 2009 9:29pm
- Joined Oct 2007 | Status: Sniper | 14,770 Posts
If ain't mistaken, Mr. Elliot himself was confused with the waves and couldn't completely comprehend how it worked, only his admirers continue to explore his imaginative vision and it's still a mysterius formula