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Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

  • #821
  • Feb 24, 2010 4:03pm Feb 24, 2010 4:03pm
Quoting grandpost
did that retracement of wave 4 happen you are looking for ....if I understood you correctly.....I am sorry it was late here last night and I was worn out.


I still think Its SELL SELL SELL

Just GBP is ahead in the pattern than EURO, probably break down first
I got out of my long(s) and turned short (1.5461) after the "climatic action" and stop hunt (2nd bounce off 1hr 62ema as well) near the London close.

Not exactly straight EW trading -but these areas of consolidation are still misleading to me.

I came across this thread googling for EW FIB time periods- I saw a great youtube video last year on it AND in the video the person used the fib time to predict (to the pip) how long a breakout would go -- I tried it a few times and it worked- but got side tracked after I found the Holy Grail to Forex and now it seems relevant to find again- I suspected my count was off- the time between waves didn't make sense (and the projection of wave 4)...
  • #822
  • Feb 24, 2010 5:35pm Feb 24, 2010 5:35pm
I want to give you a present but you must promise not to share.....or else it will be ruined for us.

by the way I just looked at the present now and it confirms what we are saying

Check your mail.......
  • #823
  • Feb 24, 2010 6:45pm Feb 24, 2010 6:45pm
You got a great Present too!!!!
  • #824
  • Feb 24, 2010 9:05pm Feb 24, 2010 9:05pm
Thanks!!!

Dumbass me... shorted GY at 139.17 with a 30 pip TP-- just got back to the terminal -see my TP hit - but my target was off maybe by a couple of hundered...
  • #825
  • Feb 24, 2010 9:41pm Feb 24, 2010 9:41pm
Quoting Raza
I have the same View..for yen crosses...

Here is AUD /JPY..

WHAT DO YOU THINK?
Hi.RAZA!my AUD/JPY count
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you have to be out to be in
  • #826
  • Feb 24, 2010 10:00pm Feb 24, 2010 10:00pm
GBPJPY Small lots buy at 137.60 TP 143.00 SL 135.30
佛祖保佑！
Buddha bless me！
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you have to be out to be in
  • #827
  • Edited 5:26am Feb 25, 2010 5:13am | Edited 5:26am
Thoughts on this 4hr GU?

"My time machine" says 13-16hrs...Still workin on that part...
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  • #828
  • Feb 25, 2010 8:17am Feb 25, 2010 8:17am
OK 1hr/ 15M I see retrace to 1.5331 (also happens to be the 15M 62 EMA ;0) then continue down...

Thoughts?

sorry for the pic-- forced to trading off the pda again...
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  • #829
  • Feb 25, 2010 11:31am Feb 25, 2010 11:31am
I am JUST now implementing some buy orders for the GP/JPY. Based on my signal. "THEY" have cleaned out most longs now, and have stuffed their xmas socks with lots of paper. TIME to go up now.
  • #830
  • Feb 25, 2010 11:59am Feb 25, 2010 11:59am
I believe grandpost mentioned 1.5225 as end of wave 5 of 5 for GU.

I see TL BreaK, Oscillator Divergence, and wave 1 = 5. (there is also a volume spike- someone bought)

  • #831
  • Feb 25, 2010 1:55pm Feb 25, 2010 1:55pm
As everyone can TIME STAMP, I made a good profit here. Thanks ZH for alerting me to this wonderful opportunity. But my indicator(purely volume based) indicated to me, that your SL point was where I needed to be.

For insight into WHO is really pulling the strings on all these markets, go to www.deepcapture and then click on the right side, on the players. To make money you have to follow them. And they are deep in pockets and GREEDY as the great serpent himself.
  • #832
  • Feb 25, 2010 2:05pm Feb 25, 2010 2:05pm
Congrats Steriodman..

No doubt the buyers on GU (yellow helped )
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  • #833
  • Feb 25, 2010 2:40pm Feb 25, 2010 2:40pm
Quoting s.ZhouYun.h
GBPJPY Small lots buy at 137.60 TP 143.00 SL 135.30
佛祖保佑！
Buddha bless me！
Hey, ZhouYun. Just saw your post as I've been busy with work. I hope your Geppy trade didn't go too bad. From some other sources using traditional technical analysis, Geppy is going down to 128/129. I don't have any EW count for it on daily as the beast has been very confusing in the last few months, and that's why it might be better to look at lower time frames to take trades so lower risk. But it certainly looks very bearish. Take care.
  • #834
  • Feb 25, 2010 2:41pm Feb 25, 2010 2:41pm
1.5225 was a primary target the whole pattern will end at 1.3686 and we are in a primary wave 3 down

As I told you we are locked in some kind of extension..


I could focus better to get you the proper pulse but I don't follow the Gbp/Usd........so i give you broad lines that are mine

It's all about trader teqhniques and following the rules since you use the method of elliott

The messed up thing is wave 3 can retrace the whole formation back to beginning of its fractal... although in such a bear market highly unlikely


As I said any thing but sell WITH PROPER ENTRY ....be it extreme oscilliators that are just not as extreme as past point because it's a smaller fractal wave 2 .....so it registers lower level of extreme.....after extreme expect another wave 5 to end the move....then best to wait for 2 candles going your way and macd 10 min below zero to sell

Did you get to look through the stuff?
  • #835
  • Feb 25, 2010 3:33pm Feb 25, 2010 3:33pm
Hello everyone.
Zhou, how are you? Not much counts from you, everithing allright? Do you hear something from Vincy? How is he going?

Greetings new Grandpost, i saw your post, very nice things. What method are you using? EW? You post about time zones, more detailes?
  • #836
  • Feb 25, 2010 3:51pm Feb 25, 2010 3:51pm
Quoting grandpost
1.5225 was a primary target the whole pattern will end at 1.3686 and we are in a primary wave 3 down

As I told you we are locked in some kind of extension..


I could focus better to get you the proper pulse but I don't follow the Gbp/Usd........so i give you broad lines that are mine

It's all about trader teqhniques and following the rules since you use the method of elliott

The messed up thing is wave 3 can retrace the whole formation back to beginning of its fractal... although in such a bear market highly unlikely


As I said any...
Yes- great stuff can't put it down...

Your correct about wave 5 of 3 - my error...

Question on time though-- wave 2 was 15/16 days- would wave 4 be ~ the same?

Sorry about the poor photo- its only from one of my computers but not the others...
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  • #837
  • Edited 4:35pm Feb 25, 2010 4:00pm | Edited 4:35pm
no no Jeff, this pattern is part of a previous pattern .....look at a weekly chart ....draw fibo to w1 of that pattern and let the 423 line come almost to the lowest price

then you will see that the pattern you are looking at is just an extension you will see a w1 and 2 FROM the 261 line the one you just drew and then the pattern you are looking at

thats what's important to fix your analysis .....


I am sorry if i am looking at such big waves but once you track that post it then we will look on how they break up....

It's just I have a problem at my business today and I am pissed off and out of focus and I am just riding the waves.....


Your labeling of the pattern is right I think (remember I am completely out of focus) BUT ITS IMPORTANT to understand that we will need to complete waves 5 of 3 to at least 3 levels pushing prices way down to that level of wkly charts



THATS WHY YOUR WAVE 2 did not retrace so much because it's an extension so look at the previous steep retracement as w 2 and then your pattern

Your labeling of the pattern is right I think (remember I am completely out of focus) BUT ITS IMPORTANT to understand that we will need to complete waves 5 of 3 to at least 3 levels pushing prices way down to that level of wkly charts

so plenty of small 4's then ending a wave 3 of a fractal then another bigger 4 and down in wave five ending a3 completing bigger patterns

And that's why most non pulse traders get beat
  • #838
  • Feb 25, 2010 4:08pm Feb 25, 2010 4:08pm
The consortiums behind currency moves have carefuly laid plans and footprints. U have to train to find them, and play them, and go ALL IN. LIke they do. Its awesome. Eliott is just one of their deceptions.

I only play once or twice a fortnight. But they are ALL INS.
  • #839
  • Feb 25, 2010 4:22pm Feb 25, 2010 4:22pm
Quoting steroidman
The consortiums behind currency moves have carefuly laid plans and footprints. U have to train to find them, and play them, and go ALL IN. LIke they do. Its awesome. Eliott is just one of their deceptions.

I only play once or twice a fortnight. But they are ALL INS.
Hi, Steroidman and Grandpost. I am glad that you have great systems that work for you. But I think the spirit of forums is for traders to share their insights. Instead of posting cryptic posts, why not post your charts so other readers can understand what you mean?

And why is Eliott one of their deceptions? Do you understand the actual theoretical underpinning of EW?
  • #840
  • Feb 25, 2010 5:00pm Feb 25, 2010 5:00pm
Quoting Oshawa
Hi, Steroidman and Grandpost. I am glad that you have great systems that work for you. But I think the spirit of forums is for traders to share their insights. Instead of posting cryptic posts, why not post your charts so other readers can understand what you mean?

And why is Eliott one of their deceptions? Do you understand the actual theoretical underpinning of EW?

It's cryptic until you pick up a book and read it ........I already had several people that understood my crypts......they are not crypts but this is the way I work YOu don't like .....tooooo bad ......but why the bad spirit

It takes 2 sides to make the market and I am glad there are fools all in and who don't understand the pulse, GANN, Elliott, and every course in the world you can only dream of......they all say the same thing. Law of Nature. We are Bound By GODS RULES play within them the sun comes up everyday, Your thoughts are fibonacci related....

But because someone has not read and decided to feel like superman and is all in is a lot funnier than you because you are still waiting for someone to give you the answer.....even if they did you would not see it .......you have to find it yourself.........You can make money in the market at any level of experience........AS LONG AS you only make DECISIONS based on KNOWELEDGE.
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