Cool , Agree
im interested in EW .
its cyclical in price. so were sort of in the same area of trading.
things that repeat in order..
Have I got something on my face, SOLDIER?
- #11,321
- Feb 15, 2012 10:42am Feb 15, 2012 10:42am
- Joined Aug 2011 | Status: Trader | 10,724 Posts
im interested in EW .
its cyclical in price. so were sort of in the same area of trading.
things that repeat in order..
- #11,322
- Feb 15, 2012 10:47am Feb 15, 2012 10:47am
- Joined Apr 2008 | Status: Trader | 9,414 Posts
u got any elliot wave charts on u eg? perhaps a daily or 4h or an hourly?
im interested in EW .
its cyclical in price. so were sort of in the same area of trading.
things that repeat in order..
Just give me more time to b sure my point will be the low or not before posting it
Now i suppose it will go down from 3090 depends on 1min chart
- #11,323
- Feb 15, 2012 10:48am Feb 15, 2012 10:48am
- Joined Aug 2011 | Status: Trader | 10,724 Posts
I use basic of EW but depends on my system and view i drew EW
Just give me more time to b sure my point will be the low or not before posting it
now this is wher the noisy ole buma goes to sleep
take care everyone
Have I got something on my face, SOLDIER?
- #11,324
- Feb 15, 2012 10:55am Feb 15, 2012 10:55am
- Joined Dec 2009 | Status: Trader | 2,319 Posts
The reason that I mentioned to be carefull, was based on 3 things:
1. When motion approaches the 88.6 retracement of the last significant wave, and hesitates its better to start looking for reversal behaviour.
2. A significant drop or a significant trend change from the high of 3330 has to spend less time than the rise from 3020 to 3330. So any down move that takes longer has a high chance of beign corrective, specially with hesitation being observed at 88.6 and not retracing it in enough of a time.
3. On the H4 time frame we dont have a strong upward spike that retraces at least 50% of the spike in less time than it took the spike to happen.
So far I still will be hesitant to short this thing at this level.
Uptrend following channels are making themselves evident on the M1 time frame
1. When motion approaches the 88.6 retracement of the last significant wave, and hesitates its better to start looking for reversal behaviour.
2. A significant drop or a significant trend change from the high of 3330 has to spend less time than the rise from 3020 to 3330. So any down move that takes longer has a high chance of beign corrective, specially with hesitation being observed at 88.6 and not retracing it in enough of a time.
3. On the H4 time frame we dont have a strong upward spike that retraces at least 50% of the spike in less time than it took the spike to happen.
So far I still will be hesitant to short this thing at this level.
Uptrend following channels are making themselves evident on the M1 time frame
I don't even know why we're discussing this. It has to go lower so why not short? I've been told by a highly credible source that we will drop to 3046-3053 and find buyers. How credible? 99% accurate! That's odds to bet the farm on! Retirement? Here I come...
- #11,330
- Feb 15, 2012 1:23pm Feb 15, 2012 1:23pm
Attention T
I have got huge information guys
calculating with some mathematical numbers i find euro to turn north
from exactly 1.3046 to 3053 'so watch out for this nos. guys
this is 99% sure
will explain it tomorrow ok
not before the move
A few hours ago you said you were going to post up some charts and explanation for this.
Any chance you could do that? I'm admittedly quite interested in the reasoning for the 99% call.
- #11,331
- Feb 15, 2012 1:23pm Feb 15, 2012 1:23pm
- | Joined Mar 2009 | Status: Trader | 2,247 Posts
Long@3050
I SEE YOU !!
- #11,332
- Feb 15, 2012 1:28pm Feb 15, 2012 1:28pm
- Joined Apr 2008 | Status: Trader | 9,414 Posts
good luck man
Still want 3030 to add another one "u know i divided my position"
When 1h close above 3110 will post why i take this trade
- #11,333
- Feb 15, 2012 1:30pm Feb 15, 2012 1:30pm
- Joined Dec 2009 | Status: Trader | 2,319 Posts
I had a hunch on something fishy going on at the 3060 level, and thank God I didnt short it.
I am long now at 3080
Long@3050
- #11,334
- Feb 15, 2012 1:33pm Feb 15, 2012 1:33pm
- Joined Apr 2008 | Status: Trader | 9,414 Posts
I had a hunch on something fishy going on at the 3060 level, and thank God I didnt short it.
I am long now at 3080
- #11,335
- Feb 15, 2012 1:51pm Feb 15, 2012 1:51pm
- | Joined Dec 2010 | Status: Trader | 2,426 Posts
same here, good R:R
SL: 1.3025
Target open (1.3115 as a start)
Reason for my trade -> Cf. Prashant posts, we reached 1.3045 - he seems well informed
Just kidding
LTL of "Bullflag on H4 + strong Support on H4
Last Long I would pout would be 1.3030 (more into demand zone)
SL: 1.3025
Target open (1.3115 as a start)
Reason for my trade -> Cf. Prashant posts, we reached 1.3045 - he seems well informed
Just kidding
LTL of "Bullflag on H4 + strong Support on H4
Last Long I would pout would be 1.3030 (more into demand zone)
Long@3050
- #11,337
- Feb 15, 2012 2:00pm Feb 15, 2012 2:00pm
- Joined Apr 2008 | Status: Trader | 9,414 Posts
same here, good R:R
SL: 1.3025
Target open (1.3115 as a start)
Reason for my trade -> Cf. Prashant posts, we reached 1.3045 - he seems well informed
Just kidding
LTL of "Bullflag on H4 + strong Support on H4
Last Long I would pout would be 1.3030 (more into demand zone)
My 1 min still not clear break to up yet.
Will take the rest "30%" only @3030
