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  • #301
  • Jul 3, 2012 1:57pm Jul 3, 2012 1:57pm
Let see the Kiwi in details using 1 minute chart. I am trying to use it to correlate with the euro dollar. It finished the last wave up @0.8062 perfect 1.272 fib levels. Good ending diagonal then break to make 1 or A then a Flat correction 2 or B and we have nice W perfect 1-2 to scalp some pips down (50-70)pips. The W to be perfect should go higher first before go down, but could be complete now.

So If this could happen in the Kiwi may be the euro could go down some pips too, or the Aussie Retails after could hurt the kiwi too. The Retails should be bad for the aussie.

Well, these are a few ideas a have in mind.

By the way I am short in Kiwi 0.8015. I am underwaters now
Attached Image (click to enlarge)
Click to Enlarge Name: kiwi1min.PNG Size: 71 KB
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #302
  • Jul 3, 2012 2:17pm Jul 3, 2012 2:17pm
Nice RR at Kiwi. Retesting a HUGE resistance... Short, Stop 0.8070, Target 0.7000
Attached Image (click to enlarge)
Click to Enlarge Name: kiwi4h.PNG Size: 56 KB
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #303
  • Jul 3, 2012 3:18pm Jul 3, 2012 3:18pm
Big picture for the next years...
Attached Image (click to enlarge)
Click to Enlarge Name: kiwimonthly.PNG Size: 61 KB
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #304
  • Jul 3, 2012 3:26pm Jul 3, 2012 3:26pm
NOW!!!

This is what the market is doing right now. if the market breaks the trendline the count is invalidated.
Attached Image (click to enlarge)
Click to Enlarge Name: eu15min.PNG Size: 55 KB
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #305
  • Jul 3, 2012 4:11pm Jul 3, 2012 4:11pm
Quoting Luis Carlos
Let see the Kiwi in details using 1 minute chart. I am trying to use it to correlate with the euro dollar. It finished the last wave up @0.8062 perfect 1.272 fib levels. Good ending diagonal then break to make 1 or A then a Flat correction 2 or B and we have nice W perfect 1-2 to scalp some pips down (50-70)pips. The W to be perfect should go higher first before go down, but could be complete now.

So If this could happen in the Kiwi may be the euro could go down some pips too, or the Aussie Retails after could hurt the kiwi too. The Retails should...
Now you can see the W I was talking about it in 1 min chart... In case you can see it in the ASK no BID depends of the broker...
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #306
  • Jul 3, 2012 7:21pm Jul 3, 2012 7:21pm
Quoting Luis Carlos
NOW!!!

This is what the market is doing right now. if the market breaks the trendline the count is invalidated.
This is the other hand...

ADD: Break 1.2560 Invalidated this count!!! So we have some confirmation levels
Attached Image (click to enlarge)
Click to Enlarge Name: eu15min2.png Size: 51 KB
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #307
  • Jul 3, 2012 7:37pm Jul 3, 2012 7:37pm
Quoting Luis Carlos
This is the other hand...

ADD: Break 1.2560 Invalidated this count!!! So we have some confirmation levels
i am very confused with your charts, what do you prefer?? bullish or bearish?
  • #308
  • Jul 3, 2012 8:11pm Jul 3, 2012 8:11pm
Quoting Afarensis
i am very confused with your charts, what do you prefer?? bullish or bearish?
Wait to watch levels of confirmation
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #309
  • Jul 3, 2012 8:27pm Jul 3, 2012 8:27pm
ok...AUDUSD is ready to short? what do you think, i am waiting 1.050 for short
  • #310
  • Jul 3, 2012 8:35pm Jul 3, 2012 8:35pm
Quoting Afarensis
ok...AUDUSD is ready to short? what do you ink, i am waiting 1.050 for short
Better wait until monday. If the market break up (1.050 - 1.060) is good
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #311
  • Jul 3, 2012 9:57pm Jul 3, 2012 9:57pm
Thanks Carlos,

I'd like to suggest that you mention the pair AND the time interval of the chart or print it on the chart to be able to follow up with you.

Take care.
  • #312
  • Jul 3, 2012 10:17pm Jul 3, 2012 10:17pm
Quoting ProFXer
Thanks Carlos,

I'd like to suggest that you mention the pair AND the time interval of the chart or print it on the chart to be able to follow up with you.

Take care.
Hi man. I put it in the title. Sometimes I forgot to put it.
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #313
  • Jul 3, 2012 10:25pm Jul 3, 2012 10:25pm
AU @ 1.02865

Possible Expanded Flat w/Divergence...
Attached Image (click to enlarge)
Click to Enlarge Name: 2012.07.04.AU.wo.expflat.divergence.4hr.jpg Size: 98 KB
  • #314
  • Jul 3, 2012 10:30pm Jul 3, 2012 10:30pm
Quoting deanoracer
AU @ 1.02865

Possible Expanded Flat w/Divergence...
Very nice call
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #315
  • Jul 3, 2012 10:42pm Jul 3, 2012 10:42pm
I really like the kiwi short there is not confirmation yet, but I am going to risk a minimum lot. Sell limit 0,8050 Stop 1.80664.
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #316
  • Jul 3, 2012 10:53pm Jul 3, 2012 10:53pm
Quoting deanoracer
AU @ 1.02865

Possible Expanded Flat w/Divergence...
Dean how do you get the target for C?
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #317
  • Jul 3, 2012 11:09pm Jul 3, 2012 11:09pm
EUR/USD 15min chart, waiting another long above 1.2560 zone.
Attached Image (click to enlarge)
Click to Enlarge Name: 01 04-Jul 12.07 AM.jpg Size: 122 KB
TRADE WHAT U SEE NOT WHAT U WANT TO SEE.
  • #318
  • Jul 3, 2012 11:10pm Jul 3, 2012 11:10pm
Well, If somebody wants to know how to get wave C measure using fib. You must take expantion fib. First point b then the origen then a. So the target should be between 1.00 and 1.618 fib levels like the chart...
Attached Image (click to enlarge)
Click to Enlarge Name: au1h.png Size: 52 KB
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #319
  • Jul 3, 2012 11:10pm Jul 3, 2012 11:10pm
Quoting Luis Carlos
Dean how do you get the target for C?

Great Question... Using EW helps me recognize the patterns... good hard study helps me spot them, and fibs help me with targets.

Per EW, when an expanded flat occurs... the minimum expected target for wave c is a 1618 projection of wave a... projected from wave b end...

often they go 2618

Best regards, thx again for your thread - EW/FIBS is the only way to trade for me...
  • #320
  • Jul 3, 2012 11:12pm Jul 3, 2012 11:12pm
Also Sir...

i should add that I am not certain that wave b is complete so my wave c target is anticipated and will need adjusting once a top for wave b is confirmed...

thx again Sir
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