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  • #7,281
  • Nov 18, 2011 7:19am Nov 18, 2011 7:19am
Quoting T@rantula
EW ? Hmm..I guess it depends how u analyze it...Levels are clear for me. No disrespect for Elliot but hey..i dont use it

Attachment
Yes ... hehe ... but looks very reasonable ...

Could imagine Fini likes it ...


2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #7,282
  • Nov 18, 2011 7:24am Nov 18, 2011 7:24am
Quoting T@rantula
EW ? Hmm..I guess it depends how u analyze it...Levels are clear for me. No disrespect for Elliot but hey..i dont use it

Attachment
loool


my count gives me 3600 short that's where I covered most of the trade .

http://www.forexfactory.com/showthread.php?p=5146971#post5146971


but any how yesterday I mentioned 11780 on the Dow bulls need to be above it to get momentum .

so I am monitoring the risk today . its critical
I SEE YOU !!
  • #7,283
  • Nov 18, 2011 7:27am Nov 18, 2011 7:27am
Quoting dbfusion
loool


my count gives me 3600 short that's where I covered most of the trade .

http://www.forexfactory.com/showthread.php?p=5146971#post5146971


but any how yesterday I mentioned 11780 on the Dow bulls need to be above it to get momentum .

so I am monitoring the risk today . its critical

This is profit taking. Longs are closing the positions and those are EUropean traders. Now the best option is to watch supports and wait for h1 close or take the profit and wait for Monday.
  • #7,284
  • Nov 18, 2011 7:35am Nov 18, 2011 7:35am
Quoting T@rantula
This is profit taking. Longs are closing the positions and those are EUropean traders. Now the best option is to watch supports and wait for h1 close or take the profit and wait for Monday.
3600 is is a must profit taking area .

its just the bottom is very bad formation . some call it round bottom , but to me it looks like bear trend bottoms .

not much excited of the bulls .

I need to see rally in stocks today , a good one .

if I am in stocks I will buy now the Dow and SL is at last low . minimum 150 points up
I SEE YOU !!
  • #7,285
  • Nov 18, 2011 7:37am Nov 18, 2011 7:37am
So hat ebent jeder sein eigenes Rezept ...

Only thing that counts is ... what you account is telling to you at the end ...

And yes ... I don't like to wait aeons for a big move to come or not ...

Therefore ... it is nice to know more about all of some methods that do exist ...

But at least you have to find you own way to cash your pips all day long ...

And this is how I do love to watch it currently ... but I say currently ... tomorrow it can be the other way ...




;-|
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2011-11-18 _ (16h25 CET) EUR-USD _ 030min _ 000 barchart 240-500-40.GIF Size: 81 KB
Click to Enlarge Name: 2011-11-18 _ (16h34 CET) EUR-USD _ 010min _ 000 barchart 240-500-40.GIF Size: 69 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #7,286
  • Nov 18, 2011 7:40am Nov 18, 2011 7:40am
Quoting mercy seat
So hat ebent jeder sein eigenes Rezept ...
But at least you have to find you own way to cash your pips all day long ...

;-|
5m chart for me is the best. Some time ago I used higher timeframes as I waited for the swings ( when I had a dayjob ).

Now a different story. Active like an overclocked Intel I7 CPU.
  • #7,287
  • Nov 18, 2011 7:40am Nov 18, 2011 7:40am
Quoting T@rantula
EW ? Hmm..I guess it depends how u analyze it...Levels are clear for me. No disrespect for Elliot but hey..i dont use it

Attachment


EW is for direction, levels are for trading decisions :-)


But Igor Pak is one of the worst EW analysts on the web :-(
  • #7,288
  • Nov 18, 2011 7:54am Nov 18, 2011 7:54am
Quoting infinitus
EW is for direction, levels are for trading decisions :-)


But Igor Pak is one of the worst EW analysts on the web :-(
Haha i know you are better mate, dunno about him
Well that is more truthful, direction is 1 thing, levels are other thing.
  • #7,289
  • Edited 8:55am Nov 18, 2011 8:43am | Edited 8:55am
Quoting Forexcube
EURUSD, H1, 2011 November 18

Short @ 1.3535 (1/10)
Target @ 1.3476 (DPV)

...and set a PO Short @ 1.3562 (MR2; also ~1.3570 38.2% Fib H4 2011.11.13 23:00 - 2011.11.16 04:00 GMT+1), Target @ 1.3450

Be aware:
Crazy Friday could push a the price abruptly at any place.
See #7206
EURUSD, M5, 2011 November 18

I don't wait any longer and go out with the bird in the hand.

Exit @ 1.3514

Profit: +21 Pips

...and PO 1.3562 > Exit @ 1.3514

Profit: +48 Pips

Total: +69 Pips

The one-tenth trading could be a real investment strategy to earn money at different price levels. For me - no doubt!
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, M5, 2011 November 18.jpg Size: 102 KB
  • #7,290
  • Nov 18, 2011 9:05am Nov 18, 2011 9:05am
Quoting Forexcube
See #7206
EURUSD, M5, 2011 November 18

I don't wait any longer and go out with the bird in the hand.

Exit @ 1.3514

Profit: +21 Pips

...and PO 1.3562 > Exit @ 1.3514

Profit: +48 Pips

Total: +69 Pips

The one-tenth trading could be a real investment strategy to earn money at different price levels. For me - no doubt!
Vgood job Fcube!
  • #7,291
  • Nov 18, 2011 9:12am Nov 18, 2011 9:12am
Quoting T@rantula
Vgood job Fcube!

Thank you, likewise, T@rantula.
You and mercy seat are making an extremely good & time-intensive job here at this thread with sober mirth & airy merriment.
Best regards
FXcube
  • #7,292
  • Nov 18, 2011 9:16am Nov 18, 2011 9:16am
Quoting infinitus
EW is for direction, levels are for trading decisions :-)


But Igor Pak is one of the worst EW analysts on the web :-(
Have been taking a little rest ... in the time between ...

Very good point ...


2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #7,293
  • Nov 18, 2011 9:18am Nov 18, 2011 9:18am
Quoting Forexcube
Thank you, likewise, T@rantula.
You and mercy seat are making an extremely good & time-intensive job here at this thread with sober mirth & airy merriment.
Best regards
FXcube
Congrats ! ! !

Just awoke again ...

That's the kind of news I want to hear ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #7,294
  • Nov 18, 2011 9:38am Nov 18, 2011 9:38am
Quoting Forexcube
Thank you, likewise, T@rantula.
You and mercy seat are making an extremely good & time-intensive job here at this thread with sober mirth & airy merriment.
Best regards
FXcube
Thanx, wont change anything then
  • #7,295
  • Nov 18, 2011 9:39am Nov 18, 2011 9:39am
Attached Image (click to enlarge)
Click to Enlarge Name: quad.jpg Size: 32 KB


Keeping it steady
  • #7,296
  • Nov 18, 2011 11:27am Nov 18, 2011 11:27am
Quoting T@rantula
Haha i know you are better mate, dunno about him
Well that is more truthful, direction is 1 thing, levels are other thing.


Hi T.,


nooooo, it is not about me. It is about to be constantly wrong and having to change the count every here and then.

I do not know what I should say when I, for example, see people lable a count, expecting very bullish movements in EURUSD when the underlying sentiment clearly states, that sentiment is at extreme highs. We had in the past at 1.62, 1.51, 1.49 extreme levels of over 95% bullishness for Eur. At that stages he labeled very bullish moves ahead. See what mr. market did.

Igor is in the same league as the people from marketvisiontv.com. Constantly wrong.........

EW is all about probabilities. And due to their permabearish USD view they do not only get it constantly wrong on the short term (which can happen sometimes easily), but are wrong on their mid-term and long term counts too and have to adjust them.

They constantly pic the low probability..........
  • #7,297
  • Nov 18, 2011 11:55am Nov 18, 2011 11:55am
Quoting T@rantula
Attachment

Keeping it steady
See #7295

Every day a little more. Some days much more. Ideal growth!
  • #7,298
  • Nov 18, 2011 11:55am Nov 18, 2011 11:55am
Quoting mercy seat
Good morning fellow traders!

Guten Morgen zwanzigsechsundvierzig!

Yes ... but please be aware as this stance ... end of bearish move ... end of trend ... is valid as long as 1.3356 has not been broken ...

In other words ... a cross of above 1.3552 - 1.3569 is needed to confirm this stance ... otherwise if fails there or even not manage to cross above 1.3525 area ... then you might consider further declines ...

;-|
RECAP:

The EURO currently trades near 1.3524 and we have got less than three hours left until the markets will plug out with Chicago closing its doors and floors and we will get our beloved WEEKLY CLOSE settlement then.

I would like to see a settlement between 1.3517 and 1.3553 after all this.

And I think Markus our Elliottican will agree that we have seen a significant low on Thursday with 1.3422/21 as a possible Elliott turning point at first.

2011-11-17_23h15 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-46 (V1) a

Would like to hear what he is thinking in this case ...




;-|
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-11-18 _ (20h54 CET) EUR-USD _ 030min _ 000 barchart 240-501-40.GIF Size: 80 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #7,299
  • Nov 18, 2011 2:17pm Nov 18, 2011 2:17pm
Tja ... sind wir jetzt die letzten Hüter hier!

Wünsche ein schönes Wochenende

2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #7,300
  • Nov 18, 2011 2:23pm Nov 18, 2011 2:23pm
Hee ich bin auch noch da. aber soeben erst dazugestossen

yes lots of good and dedicated input here, it is much appreciated!
Wish I could contribute more as well, but I prefer to keep it down, rather than post stuff that is of no use for anyone.
Happy weekend all.
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