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  • #1,161
  • Sep 11, 2012 9:29am Sep 11, 2012 9:29am
Quoting Ziko9o8
- Why???
Because I did not catch the right count... just last wave 4 haha that OLU showed...
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #1,162
  • Sep 11, 2012 9:45am Sep 11, 2012 9:45am
Quoting Luis Carlos
Because I did not catch the right count... just last wave 4 haha that OLU showed...
- That's the hardest thing for elliottacians, because labeling and choosing waves is an Art.

- Imagine who hard it will be for noobs like me, but I feel, I must study it, because I don't have too much confluences at this area for Lonnie.

- Now, does it worth studying or dump it, because I think it's complicated?

- Does it will give me the edge that I need?

- Thanks in advance.
  • #1,163
  • Sep 11, 2012 9:47am Sep 11, 2012 9:47am
Quoting Olu
Well done

thanks....
Wooooohooooo or Boooooohooooo
  • #1,164
  • Sep 11, 2012 10:01am Sep 11, 2012 10:01am
Quoting Ziko9o8
- That's the hardest thing for elliottacians, because labeling and choosing waves is an Art.

- Imagine who hard it will be for noobs like me, but I feel, I must study it, because I don't have too much confluences at this area for Lonnie.

- Now, does it worth studying or dump it, because I think it's complicated?

- Does it will give me the edge that I need?

- Thanks in advance.
EW principles are simple and like basic TA requires practice. Sometimes the problem is because people are taught with perfect shapes or formations. For example pick any training material on head and shoulder pattern you will see a perfect picture that you might never see again in your trading life. Stick with it and you will get better.

EW is not easy. And the best way to take it on board is to try counting on higher timeframes. This way you will not be confused by every little squiggle on a chart. I try from the monthly first. Mark that pivot and then go to the weekly. Mark that smaller pivot and then count the smaller waves based on that pivot. You will never see me argue about a count because I will not trade based on a count if it not so obvious as to smack me in the face.
If you think you can or cannot do it you are correct
  • #1,165
  • Sep 11, 2012 10:06am Sep 11, 2012 10:06am
Quoting Tsar
I'm watch in Price 1.2824 / Higher 1.2842
...more than 1.2842
Attached Image (click to enlarge)
Click to Enlarge Name: 2012-09-11_EU in H1 Chart.png Size: 39 KB
Always looking the GREAT, never left GOOD Point...
  • #1,166
  • Sep 11, 2012 11:07am Sep 11, 2012 11:07am
Quoting Tsar
...more than 1.2842
Of course my horse...
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #1,167
  • Sep 11, 2012 11:08am Sep 11, 2012 11:08am
PATHS UNTIL NOW... RED ONE is too big to my expectations...
Attached Image (click to enlarge)
Click to Enlarge Name: eur15min.PNG Size: 49 KB
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #1,168
  • Sep 11, 2012 11:09am Sep 11, 2012 11:09am
Quoting gnomoneey
too bad but good call
Missed 100pips now
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #1,169
  • Sep 11, 2012 11:10am Sep 11, 2012 11:10am
Quoting Luis Carlos
PATHS UNTIL NOW... RED ONE is too big to my expectations...
Also I think that yellow 4 is too big...

Time to work..
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #1,170
  • Sep 11, 2012 11:24am Sep 11, 2012 11:24am
Quoting Luis Carlos
Very nice G get ready for the H&S.. Euro near the last zone also aussie...
au looking like 1.0440 area is acting again like a big resistance...but need to see where we can close on the daily.

eu i hate the pair and too bad you didnt get your entry....you know i use line charts for my entry and exits....i lose some pips but i get my target hit...something to think about.
Wooooohooooo or Boooooohooooo
  • #1,171
  • Sep 11, 2012 12:08pm Sep 11, 2012 12:08pm
Quoting Luis Carlos
PATHS UNTIL NOW... RED ONE is too big to my expectations...
Hi Luis,


maybe this:


make your white "b" the "e" wave of 4 - 4 may be a triangle

then your white "c" is wave 1 of 5
  • #1,172
  • Sep 11, 2012 12:15pm Sep 11, 2012 12:15pm
Quoting Olu
EW principles are simple and like basic TA requires practice. Sometimes the problem is because people are taught with perfect shapes or formations. For example pick any training material on head and shoulder pattern you will see a perfect picture that you might never see again in your trading life. Stick with it and you will get better.

EW is not easy. And the best way to take it on board is to try counting on higher timeframes. This way you will not be confused by every little squiggle on a chart. I try from the monthly first. Mark that pivot...
- thanks Olu for the guidance.
  • #1,173
  • Sep 11, 2012 12:58pm Sep 11, 2012 12:58pm
Quoting infinitus
Hi Luis,


maybe this:


make your white "b" the "e" wave of 4 - 4 may be a triangle

then your white "c" is wave 1 of 5
Hey Markus, I really like what are you talking about...
Attached Image (click to enlarge)
Click to Enlarge Name: eur15min.PNG Size: 50 KB
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #1,174
  • Sep 11, 2012 3:22pm Sep 11, 2012 3:22pm
Quoting Luis Carlos
Missed 100pips now
OMG...

EU Started Price 1.2870 go DOWN...
Watch in Price 1.2816, got Potential Break in there :nerd:

3.21 AM in my Country, really....I need go Rest, Now

G/L
Always looking the GREAT, never left GOOD Point...
  • #1,175
  • Sep 11, 2012 3:37pm Sep 11, 2012 3:37pm
Quoting Tsar
OMG...

EU Started Price 1.2870 go DOWN...
Watch in Price 1.2816, got Potential Break in there :nerd:

3.21 AM in my Country, really....I need go Rest, Now

G/L
Man you must rest well...GN
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #1,176
  • Sep 11, 2012 3:42pm Sep 11, 2012 3:42pm
I can see my pal Ramses...
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #1,177
  • Sep 11, 2012 3:51pm Sep 11, 2012 3:51pm
DAILY APPROACH... Almost touching the trendline.
Attached Image (click to enlarge)
Click to Enlarge Name: eudaily.png Size: 56 KB
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #1,178
  • Sep 11, 2012 4:09pm Sep 11, 2012 4:09pm
Weekly chart. EurGbp at decision point...

Olu
Attached Image (click to enlarge)
Click to Enlarge Name: eurgbp-weekly-11092012-2037uk.jpg Size: 103 KB
If you think you can or cannot do it you are correct
  • #1,179
  • Sep 11, 2012 5:05pm Sep 11, 2012 5:05pm
Luís Carlos....do you still think this up movement from 1,20xx is a retrace or a inverson of trend!!!??
  • #1,180
  • Sep 11, 2012 5:32pm Sep 11, 2012 5:32pm
Quoting Zink
Luís Carlos....do you still think this up movement from 1,20xx is a retrace or a inverson of trend!!!??
I cant ensure anything yet. Only the down move is tomorrow.
Stocktwit: LuisCarlos - twitter: @lcparodi
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