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  • #7,861
  • Nov 25, 2011 3:23am Nov 25, 2011 3:23am
M5:
We are not done yet.

Seb
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  • #7,862
  • Nov 25, 2011 3:28am Nov 25, 2011 3:28am
Quoting Flynchenberg
here comes my wave 5
well done

born to speculate
  • #7,863
  • Nov 25, 2011 3:34am Nov 25, 2011 3:34am
We could be done here for now!

Closed short @ 1.3253....

Now long from 1.3256...stop at B.E
Markets are not Random, they are designed!
  • #7,864
  • Nov 25, 2011 3:38am Nov 25, 2011 3:38am
Infamous Harmonic H&S pattern with projected level of potential drop.

H4 time frame.
Now we got ABCD Bullish pattern that corresponds with technical support levels:

1st:1.3236 - support @ 1.3240
2nd:1.3134
3rd:1.3004

We will see
Seb
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  • #7,865
  • Nov 25, 2011 3:41am Nov 25, 2011 3:41am
Quoting Flynchenberg
M5:
We are not done yet.

Seb
Morning Seb,

Take a second look at your chart. In your wave 5 you have an wave 1 / wave 4 overlap. Its wave 3 seems to be not apropriate.
  • #7,866
  • Nov 25, 2011 3:56am Nov 25, 2011 3:56am
Quoting infinitus
Morning Seb,

Take a second look at your chart. In your wave 5 you have an wave 1 / wave 4 overlap. Its wave 3 seems to be not apropriate.
Hi Markus,
well spoted.

Seb
  • #7,867
  • Nov 25, 2011 4:10am Nov 25, 2011 4:10am
Quoting infinitus
Morning Seb,

Take a second look at your chart. In your wave 5 you have an wave 1 / wave 4 overlap. Its wave 3 seems to be not apropriate.
Well,
It is even worse for bulls now LOL


Seb
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  • #7,868
  • Nov 25, 2011 4:17am Nov 25, 2011 4:17am
Quoting Flynchenberg
Well,
It is even worse for bulls now LOL


Seb


Well, that is what I say :-)
  • #7,869
  • Nov 25, 2011 4:20am Nov 25, 2011 4:20am
Quoting Flynchenberg
Well,
It is even worse for bulls now LOL


Seb
Ahmmm, Seb,


again, look at the small black 3 in your blue 5 of black 3 - the fault was/is there
  • #7,870
  • Nov 25, 2011 4:23am Nov 25, 2011 4:23am
Quoting stulic
It certainly is getting squeezed and an outbreak looks imminent.
3521 short from Wednesday hit 200 pips.
Pending long at 3289 for a correction but have no intention of closing short until 3150 is reached.
H4, that was our breakout, can't see this thing going back to 3400 in any foreseeable future. 260 pips up now.
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Don't get mad, get even!
  • #7,871
  • Nov 25, 2011 4:24am Nov 25, 2011 4:24am
Quoting infinitus
Ahmmm, Seb,


again, look at the small black 3 in your blue 5 of black 3 - the fault was/is there
I do not have that spike on my second account: red circle.

Seb
EDIT: dodgy area anyway, looks like MM play or something different spikes up and down.
I will stick to my chart for now and we will see.
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  • #7,872
  • Nov 25, 2011 4:32am Nov 25, 2011 4:32am
Quoting Flynchenberg
I do not have that spike on my second account: red circle.

Seb
EDIT: dodgy area anyway, looks like MM play or something different spikes up and down.
I will stick to my chart for now and we will see.


Seb, the problem is not some spike, the problem is now, that your wave 3 is now the shortest one (and eventually 1/4 overlap)
  • #7,873
  • Nov 25, 2011 4:35am Nov 25, 2011 4:35am
Hello guys, here I am again..

Shorted EU today and closed and still have an opened position.

Had some drawdown on other account, but u know. Drawdown needs to be accepted else we would close all trades in loss..

Its always what your balance says at the end of the week/month.

Sell on EU opened
Buy on USDCHF also

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  • #7,874
  • Nov 25, 2011 4:39am Nov 25, 2011 4:39am
Quoting infinitus
Seb, the problem is not some spike, the problem is now, that your wave 3 is now the shortest one (and eventually 1/4 overlap)
I labeled it wrong mate , sorry.
Kinda busy here a little
Point of refference is my new chart here

Wave 1=39 pips
wave 3= 37pips

I do not know what to do now, any ideas?

Seb
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  • #7,875
  • Nov 25, 2011 4:40am Nov 25, 2011 4:40am
Quoting T@rantula
Hello guys, here I am again..

Shorted EU today and closed and still have an opened position.

Had some drawdown on other account, but u know. Drawdown needs to be accepted else we would close all trades in loss..

Its always what your balance says at the end of the week/month.

Sell on EU opened
Buy on USDCHF also

Attachment
Closed all.
  • #7,876
  • Nov 25, 2011 4:42am Nov 25, 2011 4:42am
Quoting stulic
H4, that was our breakout, can't see this thing going back to 3400 in any foreseeable future. 260 pips up now.
I might say...If EU doesnt hold 3280 goodbye 3400.

Anyways, Well done Stulic!
  • #7,877
  • Nov 25, 2011 4:45am Nov 25, 2011 4:45am
Quoting Flynchenberg
I labeled it wrong mate , sorry.
Kinda busy here a little
Point of refference is my new chart here

Wave 1=39 pips
wave 3= 37pips

I do not know what to do now, any ideas?

Seb


To put it in the moment simple switch to hourly TF:
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  • #7,878
  • Nov 25, 2011 4:50am Nov 25, 2011 4:50am
Quoting infinitus
To put it in the moment simple switch to hourly TF:
Agreed

1.3150 here we come.

Seb
  • #7,879
  • Nov 25, 2011 4:51am Nov 25, 2011 4:51am
Quoting infinitus
To put it in the moment simple switch to hourly TF:


Subwaves (maybe)
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  • #7,880
  • Nov 25, 2011 4:57am Nov 25, 2011 4:57am
Quoting infinitus
Subwaves (maybe)
But Seb,

that is in the moment my preferred count. Why?

Because there is too much group thinking, that this will bounce up at 3280, 3150 etc.

This count will hurt the most bulls and bears. Bulls long anyway, and bears waiting for a bounce to go short at better levels.
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