stock , commodity , bond , forex
- #4,264
- Feb 17, 2010 1:33am Feb 17, 2010 1:33am
hey azlan ... i have a suggestion
i see u are not sure about the wave counts .... so on the impulse move u counted u can check and see where wave 3 is by using Stochastics or RSI ... look for divergences ... they usually appear at the end of wave 3
and ... after that ... Fibonacci
... u are going to tell me to shut up with all this Fibonacci but ... it is very important 
Loopyno
i see u are not sure about the wave counts .... so on the impulse move u counted u can check and see where wave 3 is by using Stochastics or RSI ... look for divergences ... they usually appear at the end of wave 3
and ... after that ... Fibonacci
... u are going to tell me to shut up with all this Fibonacci but ... it is very important Loopyno
- #4,265
- Feb 17, 2010 2:06am Feb 17, 2010 2:06am
hey azlan ... i have a suggestion
i see u are not sure about the wave counts .... so on the impulse move u counted u can check and see where wave 3 is by using Stochastics or RSI ... look for divergences ... they usually appear at the end of wave 3
and ... after that ... Fibonacci
Loopyno
may be my wave count are so...messy... i love to learn fibo. I love to.
but indicator..rsi stochastic bring bring sophisticated interpretation.
That's y i love cluster... keep me avoiding a pair in range..
and as EW are subjectivity...I keep perspective on :
One single candle at monthly to and keep that perspective down to intraday...the rest i keep at minimum ...If i have my count..that fair enough...
But thank u..
maybe u can count for me..GU
stock , commodity , bond , forex
- #4,266
- Feb 17, 2010 2:15am Feb 17, 2010 2:15am
hey azlan ... i have a suggestion
i see u are not sure about the wave counts .... so on the impulse move u counted u can check and see where wave 3 is by using Stochastics or RSI ... look for divergences ... they usually appear at the end of wave 3
and ... after that ... Fibonacci
Loopyno
maybe i keep at minimum...very..
i been taught just looking at the first glance...
they are 2 condition
1) i can't read the wave
2) the "look" like suit my intrepertation
for the fibo..it make me done a lot f work..i would like fibo/pivot..
pivot is a destination..I have feeling that monthly candle are reversal..and see..the daily pivot leaving weekly pivot...and i guess it heading to monthly pivot...
just 2 cents opinion..
stock , commodity , bond , forex
- #4,268
- Feb 17, 2010 7:20am Feb 17, 2010 7:20am
ok ... looking at the last picture ... i see u are struggling to count an impulsive move ... u like impulsive moves very much
the 1,2,3,4,5 count u did looks more like an ABC to me .. but this is only a piece of the big puzzle
the way i do counts (remember it works for me .. it is not the only way or the way pros do it ... i personally think there is no best way ... only the way that works for u) is looking at the monthly ... then at the weekly ... then at the daily ... then at the H4 and then at the H1 ... this is the way i usually do my counts ... because this way i know how today fits into the big scenario
now (this week) i have to work on my site a bit ... to do some SEO tasks and after that i will release the free version with videos following the flow i described above ... this way u will have a second opinion on what is happening today ... and maybe a third .. fourth if members will start sharing their opinions on my site
ah and one more thing ... the analysis i do helps me at scalping too ... so anyone can use it
Loopyno
the 1,2,3,4,5 count u did looks more like an ABC to me .. but this is only a piece of the big puzzle
the way i do counts (remember it works for me .. it is not the only way or the way pros do it ... i personally think there is no best way ... only the way that works for u) is looking at the monthly ... then at the weekly ... then at the daily ... then at the H4 and then at the H1 ... this is the way i usually do my counts ... because this way i know how today fits into the big scenario
now (this week) i have to work on my site a bit ... to do some SEO tasks and after that i will release the free version with videos following the flow i described above ... this way u will have a second opinion on what is happening today ... and maybe a third .. fourth if members will start sharing their opinions on my site
ah and one more thing ... the analysis i do helps me at scalping too ... so anyone can use it
Loopyno
- #4,269
- Feb 17, 2010 7:37am Feb 17, 2010 7:37am
ok ... looking at the last picture ... i see u are struggling to count an impulsive move ... u like impulsive moves very much
the 1,2,3,4,5 count u did looks more like an ABC to me .. but this is only a piece of the big puzzle
the way i do counts (remember it works for me .. it is not the only way or the way pros do it ... i personally think there is no best way ... only the way that works for u) is looking at the monthly ... then at the weekly ... then at the daily ... then at the H4 and then at the H1 ... this is the way i usually do my counts...
its all within one candle of motnhly......
and..heeehh..look at your chart......
1.anything versus jpy....upside....
2.and commodity are strong...
3.all pair with usd are messyy....
and cross pair trending....
looking for your video...
stock , commodity , bond , forex
- #4,271
- Feb 17, 2010 7:48am Feb 17, 2010 7:48am
hey errich fx
i am currently in a position on EU
just out of curiosity ... are u using that chart on your trades?
because .. 1 and 2 and 3 look ok but ... they can not help u trade in any way ... i mean only using these 1,2 and 3 numbers
Loopyno
i am currently in a position on EU
just out of curiosity ... are u using that chart on your trades?
because .. 1 and 2 and 3 look ok but ... they can not help u trade in any way ... i mean only using these 1,2 and 3 numbers
Loopyno
- #4,274
- Feb 17, 2010 9:24am Feb 17, 2010 9:24am
although i do not agree on the count wave i like seeing those fibo levels there
just try to count the retracement and use some fibos (expansion) to see where wave C could end ... see if that End of Wave C is near to a fibo retracement level from the impulsive move ... look for some chart patterns on a lower timeframe at that confluence area ... and your level of awareness will be high and very profitable for u
Loopyno
i like seeing those fibo levels therejust try to count the retracement and use some fibos (expansion) to see where wave C could end ... see if that End of Wave C is near to a fibo retracement level from the impulsive move ... look for some chart patterns on a lower timeframe at that confluence area ... and your level of awareness will be high and very profitable for u
Loopyno
