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  • #565,601
  • Nov 24, 2011 3:00am Nov 24, 2011 3:00am
Quoting jayjb
Being right at wrong time is still wrong. The guy has been long since 1.3800

And now after 400 pips down, you think he's correct? Guess you give too much credit

U should've seen him few days ago when he was bullish, bearish, bullish, bearish 'for 300 pips' and then bullish again, in a spawn of 2 hrs! Of course neither of his calls were right. Was beginning to wonder how thats possible.
  • #565,602
  • Nov 24, 2011 3:01am Nov 24, 2011 3:01am
Is it time to go north now?
  • #565,603
  • Nov 24, 2011 3:03am Nov 24, 2011 3:03am
Quoting aamarti
Is it time to go north now?
Am only strictly scalping today but i got 22p more from this up move. Im out already. But dunno...looks bullish atm!
  • #565,604
  • Nov 24, 2011 3:07am Nov 24, 2011 3:07am
Follow it !

http://a1111.hizliresim.com/r/s/q9rv.png
  • #565,605
  • Nov 24, 2011 3:09am Nov 24, 2011 3:09am
Bear is preparing turkey for dinner ..so Bull can eat the grass safely for now..
  • #565,606
  • Nov 24, 2011 3:10am Nov 24, 2011 3:10am
Hello guys,
I took 2 buy setups on AUDUSD,see more >
I posted this becsoue can help someone in EUR setups..

Inserted Video



Cheers
Petar
"Buy on fear, sell on greed !!!
  • #565,607
  • Nov 24, 2011 3:11am Nov 24, 2011 3:11am
Quoting 21vs7
Hehee, just being ridiculous. Tight SL ...

I see region 1,3382-1,3403 where this will be decided. Some pressure up, but we just do not wanna safe those who went long on 1,3435, dont we??

Let us see.
BE out. not satisfied.
  • #565,608
  • Nov 24, 2011 3:13am Nov 24, 2011 3:13am
Well seeing as i've waited for this all yesterday, im finally in a long.....Lets see what happens
  • #565,609
  • Nov 24, 2011 3:13am Nov 24, 2011 3:13am
Quoting Alexone
U should've seen him few days ago when he was bullish, bearish, bullish, bearish 'for 300 pips' and then bullish again, in a spawn of 2 hrs! Of course neither of his calls were right. Was beginning to wonder how thats possible.
Exactly! And he goes around calling people newbies for counter trading him? Guess he missed the memo saying that being right after 400 pips in the red isn't right in any sense lol

Anyway, any numbers for this rally? My bias is long based on technicals but based on fundamentals, i'm still bearish. Still on my way home, no charts to look at
  • #565,610
  • Nov 24, 2011 3:26am Nov 24, 2011 3:26am
He'll have to code it to do "reverse binary logic", to do the opposite of the trade calls... cha-ching!

Quoting jayjb
You make trading a lot easier! Gonna create a EA to track your trade calls and counter trade! Will probably be a millionaire by next year
  • #565,611
  • Nov 24, 2011 3:26am Nov 24, 2011 3:26am
Should support at 3372 next wave up pull back 23.6% 3385 5th wave to 3417 then retrace 68.2% to 3358. Have realized this isn't standard 5 wave bull channel it's a different variant with multiple common factors. Have to come up with a name for this one to.
Founder of Sutherland Wave Principle
  • #565,612
  • Nov 24, 2011 3:36am Nov 24, 2011 3:36am
more likely support at 3388...?

Quoting suthmo
Should support at 3372 next wave up pull back 23.6% 3385 5th wave to 3417 then retrace 68.2% to 3358. Have realized this isn't standard 5 wave bull channel it's a different variant with multiple common factors. Have to come up with a name for this one to.
but what highs? 4450??
  • #565,613
  • Nov 24, 2011 3:44am Nov 24, 2011 3:44am
here we go....looks like we'll see 1.3505 ADR High
  • #565,614
  • Nov 24, 2011 3:50am Nov 24, 2011 3:50am
For all those finding the "stop" an issue, and where to place it. You are trading "time" not pips, or price, or levels. I entered short on the eurusd on the 28th of October, and am still short, my stop is still at 1.46000, if your "time" is correct, your stop will not be approached,

take your timing signals from weekly positions, transferred to daily, why was the 28th October the correct entry day? because the weekly cyclical position had returned to the underside of the corrective triangle, which lasted 14 weeks. The inverse had taken place in the $dxy, the only direction for the eur/usd was short. (on your weekly chart, draw a trend line from the low of the weekly close of the 13.5.11 to the high close of 28.10.11, see it? if you want to put a top on the correction draw a trend line from the high of 03.06.11 to the high of 26.08.11, ahhhh, i get it, i can hear you say.. simples..

But, now the key is the exit, not the stop, that's still up at 1.4600, the exit is the important part, once a trade is live, the entry is not important, (if your timing was correct of course), the exit is "key", is there anything to warrant an exit at this stage? no... So we'll leave well alone, and keep away from the gut churning game of intraday noise and close stops.

Good luck, with you trades, number 1 rule, protect your account, close stops can be very expensive, and so is poor timing,
  • #565,615
  • Edited 4:19am Nov 24, 2011 3:52am | Edited 4:19am
Quoting aamarti
more likely support at 3388...?



but what highs? 4450??
That last wave up went a little higher than expected based on previous example of this type of pattern. Probably due to proximity to round numbers. So I would think the support on this one higher 8x makes more sense.

Sometimes price just breaks up and skips whole parts of the sequence but I've only seen this twice at a the same place at a later stage. Price still stays within confines of the whole channel sequence.. Just breaks out earlier and drifts till it comes back to the sequence.

38% would now be at 3376

Also me talking about every little move is surely going to blow stuff up?

As for the high I would say 3417 In approximately 4 hours and 10 minutes (fairly sure timing wont work on this one but hey it might surprise me) but that gap might blow this up and there's always possibility of total break out of any pattern at any time. Money management peeps.
Founder of Sutherland Wave Principle
  • #565,616
  • Nov 24, 2011 3:54am Nov 24, 2011 3:54am
Quoting jayjb
Exactly! And he goes around calling people newbies for counter trading him? Guess he missed the memo saying that being right after 400 pips in the red isn't right in any sense lol

Anyway, any numbers for this rally? My bias is long based on technicals but based on fundamentals, i'm still bearish. Still on my way home, no charts to look at
U really shouldnt take him seriously. I really have fun and laugh at his 'angry posts'. Today is going to be bullish from how its setting up but overall we'll see far beyond 1.31 i think. That doesnt matter anyways at least for me.
  • #565,617
  • Nov 24, 2011 3:56am Nov 24, 2011 3:56am
Quoting andri66
Bear is preparing turkey for dinner ..so Bull can eat the grass safely for now..
"I know one thing, that I know nothing." Sokrates
  • #565,618
  • Nov 24, 2011 4:00am Nov 24, 2011 4:00am
Quoting 21vs7
BE out. not satisfied.
Still trying this play here. 1,3404 an upper lip in my study. Will see what will happen there.
We need a close under this level and we could be revisiting 82 there to be again decided.

DAX still trying to test yesterdays high atm. Will see.

Trying to short on a bullish day is pretty messed up. Ill minimize the risk there as I did earlier. Maybe in the end of a day, Ill be on BE.

Italy under 7%, Spain falling.
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  • #565,619
  • Nov 24, 2011 4:00am Nov 24, 2011 4:00am
Slightly off topic (not sure if there is a USDX thread? sorry)...

H&S Top forming on 30min TF... may see a big jump to the upside in E/U if the H&S is confirmed

http://img710.imageshack.us/img710/9594/usdx.gif
  • #565,620
  • Nov 24, 2011 4:04am Nov 24, 2011 4:04am
Quoting 21vs7
Still trying this play here. 1,3404 an upper lip in my study. Will see what will happen there.
We need a close under this level and we could be revisiting 82 there to be again decided.

DAX still trying to test yesterdays high atm. Will see.

Trying to short on a bullish day is pretty messed up. Ill minimize the risk there as I did earlier. Maybe in the end of a day, Ill be on BE.

Italy under 7%, Spain falling.
I was in this but i got out +10p. Something didnt feel right to me. Sure looks like its going down right now tho. I think i messed up here. Edit: Definitely messed up here
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