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Aussie Trading Room and Cartoons Gallery

  • #12,821
  • Nov 12, 2012 12:50pm Nov 12, 2012 12:50pm
Quoting Tim_isoara
Aud/Usd M15
that my plan for to day
  • #12,822
  • Edited 1:56pm Nov 12, 2012 1:01pm | Edited 1:56pm
Quoting Tim_isoara
Aud/Usd M15
Your count may be right but it could also be a common misunderstanding of EWP.

From Friday's low up to today's high is wave a. Now the Aussie is in wave b or the beginning of wave c. A 5-wave construction is not an impulsive wave most of the time IMO. It took me a long time of observations to come to this conclusion.
daddybearforex. com
  • #12,823
  • Edited 1:58pm Nov 12, 2012 1:11pm | Edited 1:58pm
Quoting DaddyBear
Your count may be right but it could also be a common misunderstanding of EWP.

From Friday's low up to today's high is wave a. Now the Aussie is in wave b or the beginning of wave c. A 5-wave construction is not an impulsive wave most of the time IMO. It took me a long time of observations to come to this conclusion.
I have had a perception of EWP but may not be able to prove it. During living in the Garden of Eden, everything started from an impulsive wave. After leaving the Garden of Eden, everything started from a corrective wave. Impulsive waves become part of the larger corrective waves. IMO
daddybearforex. com
  • #12,824
  • Nov 12, 2012 1:16pm Nov 12, 2012 1:16pm
Quoting DaddyBear
Your count may be right but it could also be a common misunderstanding of EWP.

From Friday's low up to today's high is wave A. Now the Aussie is in wave B or the beginning of wave C. A 5-wave construction is not an impulsive wave most of the time IMO. It took me a long time of observations to come to this conclusion.
for me on H1 wave A is from 1.0480 to friday low. And now we in a wave B
  • #12,825
  • Nov 12, 2012 1:31pm Nov 12, 2012 1:31pm
Quoting Tim_isoara
for me on H1 wave A is from 1.0480 to friday low. And now we in a wave B
If it is wave B now why there are 1-2-3-4-5 waves?

My view is your wave-A is B and now we are in the final wave-C.
daddybearforex. com
  • #12,826
  • Nov 12, 2012 1:33pm Nov 12, 2012 1:33pm
Quoting DaddyBear
If it is wave B now why there are 1-2-3-4-5 waves?

My view is your wave-A is B and now we are in the final wave-C.
waves k and l are coming!^^
  • #12,827
  • Nov 12, 2012 1:35pm Nov 12, 2012 1:35pm
Nice thread DaddyBear
  • #12,828
  • Nov 12, 2012 1:41pm Nov 12, 2012 1:41pm
Quoting Ken A
Nice thread DaddyBear
Welcome and thanks.
daddybearforex. com
  • #12,829
  • Nov 12, 2012 1:43pm Nov 12, 2012 1:43pm
Quoting maximmm
waves k and l are coming!^^
This is wave K ......

http://www.forexfactory.com/attachme...1&d=1352348760

Killer Whale Wave
daddybearforex. com
  • #12,830
  • Nov 12, 2012 1:48pm Nov 12, 2012 1:48pm
Quoting DaddyBear
If it is wave B now why there are 1-2-3-4-5 waves?

My view is your wave-A is B and now we are in the final wave-C.
This is the diagram.
http://www.forexfactory.com/attachme...4&d=1352749670
daddybearforex. com
  • #12,831
  • Nov 12, 2012 2:09pm Nov 12, 2012 2:09pm
Quoting DaddyBear
This is the diagram.
http://www.forexfactory.com/attachme...4&d=1352749670
H4 that i count
Attached Image (click to enlarge)
Click to Enlarge Name: aud h4.gif Size: 38 KB
  • #12,832
  • Nov 12, 2012 2:13pm Nov 12, 2012 2:13pm
Quoting Tim_isoara
H4 that i count
Thanks Tim, In fact, there is no standard count of EW. Whatever fits your trading shall be fine. I was trying to understand how you were thinking about current EWC.
daddybearforex. com
  • #12,833
  • Nov 12, 2012 2:15pm Nov 12, 2012 2:15pm
Quoting Tim_isoara
H4 that i count
or that is possible
Attached Image (click to enlarge)
Click to Enlarge Name: aud h4 or.gif Size: 35 KB
  • #12,834
  • Nov 12, 2012 2:18pm Nov 12, 2012 2:18pm
Quoting DaddyBear
Thanks Tim, In fact, there is no standard count of EW. Whatever fits your trading shall be fine. I was trying to understand how you were thinking about current EWC.
yes. but i trade on M5 and M15. For me is not very important large frame
  • #12,835
  • Nov 12, 2012 2:22pm Nov 12, 2012 2:22pm
Quoting Tim_isoara
yes. but i trade on M5 and M15. For me is not very important large frame
I believe EWP is more useful in higher TFs. I try not to count lower TFs to avoid confusion.
daddybearforex. com
  • #12,836
  • Nov 12, 2012 2:30pm Nov 12, 2012 2:30pm
Quoting DaddyBear
I believe EWP is more useful in higher TFs. I try not to count lower TFs to avoid confusion.
Yes. But because i dont stay long in a trade EW helped me in M5 and M15.
  • #12,837
  • Nov 12, 2012 2:38pm Nov 12, 2012 2:38pm
Quoting DaddyBear
I believe EWP is more useful in higher TFs. I try not to count lower TFs to avoid confusion.
DB I go to sleep. But i have an alert on 1.0405.
  • #12,838
  • Nov 12, 2012 2:50pm Nov 12, 2012 2:50pm
I have found that trading and archery have something in common. Both are in the form of art. When the arrow is attached to the bow, it won't move fast like consolidation PA. When it is shot, the arrow flies like a breakout PA. They all have targets to hit.

Unless the bow is fully stretched, the arrow cannot be shot, by the same token, a breakout cannot happen until the PA is fully wound up.

http://www.forexfactory.com/attachme...6&d=1352752659
daddybearforex. com
  • #12,839
  • Nov 12, 2012 2:51pm Nov 12, 2012 2:51pm
Quoting Tim_isoara
DB I go to sleep. But i have an alert on 1.0405.
Hope you get what you are waiting for.
daddybearforex. com
  • #12,840
  • Nov 12, 2012 2:59pm Nov 12, 2012 2:59pm
What impact will fiscal cliff bring to the Aussie?

"Fearing an increase in capital gains and dividend taxes, many of the rich are unloading stocks, businesses and homes before the end of the year."

http://www.cnbc.com/id/49792979
daddybearforex. com
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