Elliott wave outlook

Quoting gnomoneey

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how are you doing with this trade? did you get in last night?

i'm now +15 pips again....still confident to get tp

here's my trade since sunday

eur.aud sell 1.2662 tp 1.2507

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Quoting marketwavez

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there is always more than one wave-count occurring at the same time .....

that's because the markets are dynamic :


we should just follow the wave-count guidelines and understand that

there is no right or wrong wave-count ,,,,, there is only Probability.

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and besides ,

we all don't see the world the same way
which means there should always be a difference of opinion

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Quoting Luis Carlos

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I got not trade until close longs euro 1.3093

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Quoting gnomoneey

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oh ok....take out money from under the bed and deposit those $1m to that trading account...so you can double it by christmas.....

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Quoting Luis Carlos

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Of course everybody has a diifferent view and counts until someone illuminates himself and comes to us to show how to use EWP perfectly.

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Quoting marketwavez

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i don't believe in perfect ,,,,, the showing of perfect doesn't exist

because there is only Probability and Chance

( of course this is only my humble opinion )


but I guess , that's the beauty in having Forums like this
as a place to come in and share ideas .....

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Quoting Luis Carlos

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Great markus, please the link

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Quoting Luis Carlos

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Great markus, please the link

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Quoting Luis Carlos

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I see similar but I little bit more strong the bull

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Quoting Luis Carlos

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Somebody asking via PM why 1.3125. This is the answer:

You take fib expantion I get the length of the wave you think is wave 1 then go to the low of the wave you think is wave 4 and then you got the possibles targets of wave 5 (0,618 0,886 1,00 1,272 1,618). So looking the waves you could stimate the target so I estimated 1,3125 (1,272 fib) but that was just wave iii so wave 5 maybe hit @1.3150 or not...

Hope I help you

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Quoting gnomoneey

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Marketwavez,

are you mostly trading as a scalper or do you hold more than a day to a week? the reason i ask is that i see your charts are in m1, m5....
thanks,
G

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Quoting marketwavez

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I was originally a swing trader before ,,,,,,,
( looking for trades last 2 to 6 weeks on average )

as time goes on and i've observed many charts ...... i've now realized that
basically , i don't like medium-term or long-term trading anymore

Why ,
because i'm a New Yorker and I really don't have that kind of patience

So these days mostly am looking mostly for trades that last 2 - 8 days



- after studying these Elliott Waves ,
i have learned that waves are within waves

this is the major reason...

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Quoting marketwavez

Disliked

i don't believe in perfect ,,,,, the showing of perfect doesn't exist

because there is only Probability and Chance

( of course this is only my humble opinion )


but I guess , that's the beauty in having Forums like these
to be used as a place to come in and share ideas .....

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

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Quoting infinitus

Disliked

I think that is the right view :-)


When doing EW over years one notices, that some pattern are crystal clear, others not. Some pattern follow perfect fib relationships, others not.

A few weeks ago I uploaded statistics regarding the wave length by price and by time.

I have attached it to this post again. The wave length (by price and by time) vary vastly.

So trading is not the search for the beauty, it is the game of probabilities and the balance between risk and reward.......

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Quoting marketwavez

Disliked

I was originally a swing trader before ,,,,,,,
( looking for trades last 2 to 6 weeks on average )

as time goes on and i've observed many charts ...... i've now realized that
basically , i don't like medium-term or long-term trading anymore

Why ,
because i'm a New Yorker and I really don't have that kind of patience

So these days mostly am looking mostly for trades that last 2 - 8 days



- after studying these Elliott Waves ,
i have learned that waves are within waves

this is the...

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Quoting Luis Carlos

Disliked

Thank you for the file..

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Quoting infinitus

Disliked

I think that is the right view :-)


When doing EW over years one notices, that some pattern are crystal clear, others not. Some pattern follow perfect fib relationships, others not.

A few weeks ago I uploaded statistics regarding the wave length by price and by time.

I have attached it to this post again. The wave length (by price and by time) vary vastly.

So trading is not the search for the beauty, it is the game of probabilities and the balance between risk and reward.......

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Quoting infinitus

Disliked

It is worth to read every page


take this too.....

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