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  • #677,521
  • Aug 8, 2012 5:56pm Aug 8, 2012 5:56pm
Quoting Mr Hatch


Your chart is awesome. Keep it going. Your SL is vulnerable though.

Agreed! I like the added comment: "Your SL is vulnerable though."

You should definitely be willing to take a bigger loss given the risk/reward. Maybe move stop to 2405 (just above R1). E/U has been respecting pivots lately.
  • #677,522
  • Aug 8, 2012 5:56pm Aug 8, 2012 5:56pm
Quoting Mr Hatch
...and to my 2255.7
But what's a handful of pips when mm is tight and proper?
I could never count waves like that... too many lettes for an illiterate like me.
I tried EW, I really did.. It never stuck with me, couldn't make it work to save my life.. I understand the psychology behind it but I can't count the damn things .. Or if I do, I don't trust what I'm coming up with.. It doesn't really matter I think.. We can trade random lanes on the chart as long as we understand what the price does around them, if anything..

It looks a little bearish atm so we might get our wish.
  • #677,523
  • Aug 8, 2012 5:56pm Aug 8, 2012 5:56pm
Quoting RWalker
Are you assuming that wave 1 began last Friday?
Quoting RWalker
Are you assuming that wave 1 began last Friday?
Nope, Friday was the End of W5 ( According to my counting of course)4 - which i actually counted correct and expected London open to deliver the end piece of it , but the Asians rushed it and drove the price to 24400. And because i was so exhuasted , i forgot to assign the take profit and missed the damn thing , costing me 20 pips and the entire day trying to get out of it...

Wave 1 started 6 or 7 hours ago , i'll attach the photo and accept my apology for not removing the Fib levels and all the drawing. Wave I is located under all Fibo levels infront of you. ( The yellow lines) And the correction of WII Should be completed by now.

* I hope i'm not wrong
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 64 KB
"It's the Margin, Stupid."
  • #677,524
  • Aug 8, 2012 5:58pm Aug 8, 2012 5:58pm
Quoting Mr Hatch


Your chart is awesome. Keep it going. Your SL is vulnerable though.
Mines above 1.2400 just incase
Be hopeful in a winning position, and fearful in a losing position.
  • #677,525
  • Aug 8, 2012 6:02pm Aug 8, 2012 6:02pm
Quoting Chicky
Those theives today came to my rented house. Had to change the locks.
Its pretty difficult when your house is 5,000 miles away where you cannot rely on security systems.

lol my friend ,they giving hard time , last month they break into my home , this month rented property (this time they used keys ), end up changing all locks
Mohan
  • #677,526
  • Aug 8, 2012 6:02pm Aug 8, 2012 6:02pm
chart

we failed to get to 2322, keep that in mind.
Attached Image (click to enlarge)
Click to Enlarge Name: Bildschirmfoto 2012-08-09 um 03.01.45.png Size: 13 KB
  • #677,527
  • Aug 8, 2012 6:04pm Aug 8, 2012 6:04pm
oh oh. watch 77 here..
  • #677,528
  • Aug 8, 2012 6:04pm Aug 8, 2012 6:04pm
Quoting onlyfortrade
If you got any rumor, let us know please
i ma searching i did not find anything yet,
Australia data at least one of them should come on green , chinise data is the key today
Mohan
  • #677,529
  • Aug 8, 2012 6:06pm Aug 8, 2012 6:06pm
This bull volume is terrible.. hard to see it breaking through 90
Be hopeful in a winning position, and fearful in a losing position.
  • #677,530
  • Aug 8, 2012 6:06pm Aug 8, 2012 6:06pm
Quoting attila
I tried EW, I really did.. It never stuck with me, couldn't make it work to save my life.. I understand the psychology behind it but I can't count the damn things .. Or if I do, I don't trust what I'm coming up with.. It doesn't really matter I think.. We can trade random lanes on the chart as long as we understand what the price does around them, if anything..

It looks a little bearish atm so we might get our wish.
It makes my head explode... how many rules are there? More than 60, iirc. Heck, I don't have more than 2 friends because I don't remember their names... how am I supposed to learn 60 rules?

The 5-3 wave concept is what I try to count... I'm lose, if one contracts or expands.
  • #677,531
  • Aug 8, 2012 6:07pm Aug 8, 2012 6:07pm
Quoting Rag2RichesFX
This bull volume is terrible.. hard to see it breaking through 90
How do you measure that?
  • #677,532
  • Aug 8, 2012 6:07pm Aug 8, 2012 6:07pm
heres the bull
  • #677,533
  • Aug 8, 2012 6:08pm Aug 8, 2012 6:08pm
Quoting Mr Hatch
chart

we failed to get to 2322, keep that in mind.
Can I know which indi this is?
  • #677,534
  • Aug 8, 2012 6:08pm Aug 8, 2012 6:08pm
Quoting sidhujag
heres the bull
they are just weak bulls !!!
“Don't cry because it's over, smile because it happened.”
  • #677,535
  • Aug 8, 2012 6:09pm Aug 8, 2012 6:09pm
Quoting Mr Hatch
How do you measure that?
Amount of time it has taken us to go up from 45 to 75

Size of candlesticks

At the same time there has been no sell volume except for 10 pips at 75, sellers probably waiting for 2377 and 2390

There is 1hr BB at 2385 as well
Be hopeful in a winning position, and fearful in a losing position.
  • #677,536
  • Aug 8, 2012 6:11pm Aug 8, 2012 6:11pm
Quoting Mr Hatch


Your chart is awesome. Keep it going. Your SL is vulnerable though.
U R Correct, i should put atleast 1.2400. Sometimes these minor waves just dont follow some of the guidelines, and sometimes these wave a = wave c rules, sometimes overshoot by 10-15 pips....Just people trading with emotions...slippage...



Thanks Hatch...
PPP - Patience Pays PIPS
  • #677,537
  • Aug 8, 2012 6:11pm Aug 8, 2012 6:11pm
Quoting Vachus
Nope, Friday was the End of W5 ( According to my counting of course)4 - which i actually counted correct and expected London open to deliver the end piece of it , but the Asians rushed it and drove the price to 24400. And because i was so exhuasted , i forgot to assign the take profit and missed the damn thing , costing me 20 pips and the entire day trying to get out of it...

Wave 1 started 6 or 7 hours ago , i'll attach the photo and accept my apology for not removing the Fib levels and all the drawing. Wave I is located under all Fibo levels...

Oh! DUH! My bad... you're counting a downward impulse.

Yes. It's about ready to bounce off a recently respected downtrend line from 1940 EST on Monday (assuming it does) or bounce off 75 which it's been doing a lot.

But, if it goes through, that would be the first tread on a new stairway to ??? re-loading the upper portion of the bear trap from Friday. I'm surprised to see that it's apparently nearly empty... I didn't really expect price to fall thru 2340.

In any event
  • #677,538
  • Aug 8, 2012 6:11pm Aug 8, 2012 6:11pm
Quoting onlyfortrade
Can I know which indi this is?
there is none, yet.
  • #677,539
  • Aug 8, 2012 6:13pm Aug 8, 2012 6:13pm
Quoting Mr Hatch
there is none, yet.
Did you draw that lines manually?
  • #677,540
  • Aug 8, 2012 6:14pm Aug 8, 2012 6:14pm
Quoting Vachus
Attile , i don't know really the answer to your question.

@Kumo, you don't like Elliot wave or you have not studied it or not planning to study it , then i have no idea what are you establishing the statement on ? That we trust your opinion !

Elliot wave is just a tool in your box , sometimes it works - sometimes it doesn't. Like " MACD, S & R , Price action , paviot points and and and ". I personally don't use all of that with Elliot waves - however i'm not an expert in it. Anyway, what make it abit tricky and difficult sometimes is , I...
No thanks, I actually did study it for a few months to see if I thought something was useful about it. I came to the conclusion it was rubbish invented by someone who deluded himself.
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