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Attachments: My trades by Dave
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My trades by Dave

  • #1,081
  • May 8, 2006 8:11pm May 8, 2006 8:11pm
Quoting xxDavidxSxx
entry bombed. now hopeing for middle bolli break to be false break if the price don't close below. came 2 pips from s/l so far. holding for a possible better exit if price dont bounce


Dave
exit 1.2695

-4 pips.


I am noticing that the daily charts are showing a down move on this daily candle. and all the indacaters on all the time charts are starting to line up pointing down.

possible short oppertunity

daily charts 8 ema is the target at 1.2640. a 4 hr candle close below 1.2686 is the signal. Or I am looking for the hourly to show me an entry.



Dave
  • #1,082
  • May 9, 2006 12:55am May 9, 2006 12:55am
I couldn't agree more. 1.2640 is a perfect target. Also notice the divergence on 4H MACD. It shall be interesting to see how the FED statement tomorrow will affect this trend. Good luck Dave!
Always wait for the opportune moment… just be careful not to miss it.
  • #1,083
  • May 9, 2006 4:06pm May 9, 2006 4:06pm
wipsaw last night. I couldn't get a good signal.

now short 1.2760

s/l 1.2775 or more if you can. 20-30


target open but hoping for a good down signal on high time frame. Trade is off 1 hr chart I'll post in a few.


Dave
  • #1,084
  • May 9, 2006 4:09pm May 9, 2006 4:09pm
Quoting fxvision
I couldn't agree more. 1.2640 is a perfect target. Also notice the divergence on 4H MACD. It shall be interesting to see how the FED statement tomorrow will affect this trend. Good luck Dave!
I am glad I got out. If I was trading my signals backwards last night would have been great.


there should be a temperary top in place and a pull back below 1.2700 near 1.2600

Dave
  • #1,085
  • May 12, 2006 11:25pm May 12, 2006 11:25pm
Quoting xxDavidxSxx
I am glad I got out. If I was trading my signals backwards last night would have been great.


there should be a temperary top in place and a pull back below 1.2700 near 1.2600

Dave
I didn't get my top last week but made some pips scalping while waiting. All the moves happen when I am away at work or asleep. Bummer. But somewhere on the daily level there will be a retrace, and when it does I'll be there. Untill then I'll try to find some entrys to post.

Dave
  • #1,086
  • May 12, 2006 11:28pm May 12, 2006 11:28pm
Quoting xxDavidxSxx
wipsaw last night. I couldn't get a good signal.

now short 1.2760

s/l 1.2775 or more if you can. 20-30


target open but hoping for a good down signal on high time frame. Trade is off 1 hr chart I'll post in a few.


Dave
- 15 pips. After this one I just started scalping. Its looking like 1.3000 is the next target now. That should provide good resistance to trigger a retrace.

Dave
  • #1,087
  • May 13, 2006 12:06am May 13, 2006 12:06am
Here is a 4 hr chart on my trend entry system. Since the daily has established a strong trend and appears to be heading for a 100% retracement, I am going with a fibo retracement level entry.

When a low is established on the 4 hr, draw a horisontal line. And do the same when a top is formed on the 4 hr. Then pull your fibo retracement indacater up between the 2 points.

If the macd is below the signal line when the price reaches 38.2, then wait and enter at the 50% level. s/l at the 78.6.

If the macd is above the signal line when it reaches the 38.2 (as it did on the last entry) then enter at the 38.2 and place s/l at the 61.8.

When the price drops below the last bottom horisontal line drawn at the last low, then you'll be looking for a retest and reversal. Waching for divergence on rsi and stoch.

Dave
Attached Image
  • #1,088
  • May 13, 2006 12:26am May 13, 2006 12:26am
According to the bolli band method. A close out side the band followed by an extention past, retest of bolli band and a close inside band is a reversal signal.
But the price can follow the under side of the top band for a while. And push alot higher but slowly. That can give alot of head fakes.
But combined with the above posted method. You can find more tops and also identify false tops.


Here is chart.

Dave
Attached Image
  • #1,089
  • May 14, 2006 12:47am May 14, 2006 12:47am
Here is a chart as compaired to an example out of e-wave lesson tutorial. We should be in the last of wave "c" extention I have been waiting for, for months.
The pattern is daily/weekly scale. Black chart is mine.

Dave
Attached Image
  • #1,090
  • May 14, 2006 5:00pm May 14, 2006 5:00pm
Short 1.2948

s/l 1.2963

target 1.2928


Dave
  • #1,091
  • May 14, 2006 5:36pm May 14, 2006 5:36pm
Quoting xxDavidxSxx
Short 1.2948

s/l 1.2963

target 1.2928


Dave
-15


long 1.2958 s/l 1.2945


target 1.2990


I went short for the retest of fridays high. Now long on a break of the high.

Dave
  • #1,092
  • May 14, 2006 5:41pm May 14, 2006 5:41pm
hi. is it possible for you to make the charts you post a little bigger? it's really hard to see stuff at the current size : /
  • #1,093
  • May 14, 2006 5:49pm May 14, 2006 5:49pm
Is this chart any better?


This is the entry I am working off now on the break of the high.

Dave
Attached Image
  • #1,094
  • May 14, 2006 7:55pm May 14, 2006 7:55pm
Quoting xxDavidxSxx
Is this chart any better?

i guess it's slightly better but not by much. i think it's safe to make your images at least 800 pixels wide as the majority of users have their screen resolutions at 1024x768. for the few who are on 800x600, it won't hurt to do a little side scrolling to view a much better, clearer chart.
  • #1,095
  • May 14, 2006 8:16pm May 14, 2006 8:16pm
Hi David,

ok, now that the EW "C" wave is over, what do you see next, EW-wise. I see you are only scalping at this point. Do you now expect a new impulse wave South?

All the best and keep up the good work,

Leib
  • #1,096
  • May 14, 2006 8:20pm May 14, 2006 8:20pm
I think it is against forum policy to go beyond 600 if uploading to FF.. what I do in my journal is upload the image to imageshack, which gives you a direct link to the image which you can then post into the field you get when you click the Insert Image icon above. Means you can then post bigger images as they are hosted off site.

It would be good, I check into your journal occasionally but most graphs are just about unreadable.
You can quit and they won't care, but you will always know.
  • #1,097
  • May 14, 2006 10:10pm May 14, 2006 10:10pm
yea last trade I scalped but the trade as a whole went south. Pressure seems to the down side as rallys are cut short.

I am waiting for tomarrows NY session to give us an idea. Mabe consilidation in a range on a daily chart scale.

But I still think the price will push to 1.3000 befor a good retrace.

A wave C has 5 sub waves. We are looking at a wave 3 extention and now mabe a wave 4 correction. wach for a retest and push up to 1.3

then we can look to the down side for a sharp retrace.

Dave
  • #1,098
  • May 14, 2006 10:32pm May 14, 2006 10:32pm
Here is chart on the wave count.

Dave

http://img118.imageshack.us/img118/5...aves8ca.th.jpg
  • #1,099
  • May 14, 2006 10:53pm May 14, 2006 10:53pm
short 1.2922

s/l 1.2942


target 1.2846 weekly pivot


Dave

http://img214.imageshack.us/img214/4...hort4go.th.jpg
  • #1,100
  • May 15, 2006 7:56am May 15, 2006 7:56am
Quoting xxDavidxSxx
short 1.2922

s/l 1.2942


target 1.2846 weekly pivot


Dave

http://img214.imageshack.us/img214/4...hort4go.th.jpg

+76 pips


Dave
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