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  • #3,441
  • Nov 19, 2012 11:19am Nov 19, 2012 11:19am
Quoting MeInGraySuit
where do you put your stops on wave A?
the same below wave 1 enter at wave 2, if wave A is just 3 waves, it is better close at 3 waves even if the market gives you 5...
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #3,442
  • Nov 19, 2012 11:22am Nov 19, 2012 11:22am
Quoting Luis Carlos
the same below wave 1 enter at wave 2, if wave A is just 3 waves, it is better close at 3 waves even if the market gives you 5...
So that is the same as trading wave 3 of A right? That is what I am saying no matter what wave there will be a C or 3 wave. Hence 3rd and C waves are the best waves to trade even if they might be in a A wave.
  • #3,443
  • Nov 19, 2012 11:24am Nov 19, 2012 11:24am
Quoting MeInGraySuit
So that is the same as trading wave 3 of A right? That is what I am saying no matter what wave there will be a C or 3 wave. Hence 3rd and C waves are the best waves to trade even if they might be in a A wave.
yes
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #3,444
  • Nov 19, 2012 11:26am Nov 19, 2012 11:26am
Luis, you are the best here, do not give up!!!

thanks for all
I'll Sell when price is heading to Hell
  • #3,445
  • Nov 19, 2012 11:28am Nov 19, 2012 11:28am
Now I am going to show something...

The 3 counts are correct not just the white as I said. I only want to put you to think about it...
Attached Image (click to enlarge)
Click to Enlarge Name: wavers2.PNG Size: 81 KB
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #3,446
  • Nov 19, 2012 11:28am Nov 19, 2012 11:28am
Quoting Luis Carlos
yes
Also I agree with you to exit after 5 waves of 3 of C because you might get a 5th wave but often times they equal the end of wave 3 or they get truncated!!
  • #3,447
  • Nov 19, 2012 11:29am Nov 19, 2012 11:29am
Quoting braintec
Luis, you are the best here, do not give up!!!

thanks for all
Grazie tante mio fratelo..
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #3,448
  • Nov 19, 2012 11:29am Nov 19, 2012 11:29am
Quoting MeInGraySuit
Also I agree with you to exit after 5 waves of 3 of C because you might get a 5th wave but often times they equal the end of wave 3 or they get truncated!!
yes, it is a shitness.
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #3,449
  • Nov 19, 2012 11:33am Nov 19, 2012 11:33am
Quoting Luis Carlos
Now I am going to show something...

The 3 counts are correct not just the white as I said. I only want to put you to think about it...
Look the 5 waves down like impulse, could be called corrective impulse or something like that... that is a ABC correction.

The problem that I have until now, it is that I cant find out technically how to determinate if it is an impulse or corrective impulse. I use correlations, it helps a lot and fib, but is not perfect, I mean I what to find out a "law" how determinate these corrective impulse..
Attached Image (click to enlarge)
Click to Enlarge Name: wavers3.PNG Size: 81 KB
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #3,450
  • Nov 19, 2012 11:35am Nov 19, 2012 11:35am
Quoting Luis Carlos
Look the 5 waves down like impulse, could be called corrective impulse or something like that... that is a ABC correction.

The problem that I have until now, it is that I cant find out technically how to determinate if it is an impulse or corrective impulse. I use correlations, it helps a lot and fib, but is not perfect, I mean I what to find out a "law" how determinate these corrective impulse..
we will buy your book, next
I'll Sell when price is heading to Hell
  • #3,451
  • Nov 19, 2012 11:36am Nov 19, 2012 11:36am
Quoting braintec
we will buy your book, next
LOL
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #3,452
  • Nov 19, 2012 11:38am Nov 19, 2012 11:38am
By the way I am glad the SPX500 has had a good rebound from ,618 fib... I want a new high and 1.34 at euro to short at will
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #3,453
  • Nov 19, 2012 11:39am Nov 19, 2012 11:39am
Quoting Luis Carlos
By the way I am glad the SPX500 has had a good rebound from ,618 fib... I want a new high and 1.34 at euro to short at will
this will be really GREAT.

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

so now we have to expect a pull back and then up till 1,35?
I'll Sell when price is heading to Hell
  • #3,454
  • Nov 19, 2012 11:40am Nov 19, 2012 11:40am
Quoting braintec
this will be really GREAT.

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

so now we have to expect a pull back and then up till 1,35?
really dont know
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #3,455
  • Nov 19, 2012 11:56am Nov 19, 2012 11:56am
Quoting MeInGraySuit
Great explain Luis...When EW doesn't make sense for me instead of going more micro down into 15min, 5mins, 1mins...I actually go the opposite way out to the daily, weekly and monthly and that gives me more of a supportive or resistance macro view for my trading because that is what is all about making money, not necessarily how EW works because yes I agree it doesn't always make sense but what makes sense is that I am in a trade and I am trying to have positive pips. So for me going more macro is what I use. Hope that makes sense! Thanks for posing...

I have never got EW counting to work for me on the smaller timeframes. That is why I duff my hat to LC and others that count the smaller timeframes. I use the larget timeframes 4h and over - sometimes 1h to pick points of interest on the chart and then trade accordingly. I will say though that EW is definitely a most welcome addition to my trading toolbox

Olu
If you think you can or cannot do it you are correct
  • #3,456
  • Nov 19, 2012 11:58am Nov 19, 2012 11:58am
CHF first view
Attached Image (click to enlarge)
Click to Enlarge Name: 1H, nov19.PNG Size: 63 KB
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #3,457
  • Nov 19, 2012 12:01pm Nov 19, 2012 12:01pm
Quoting Olu
I have never got EW counting to work for me on the smaller timeframes. That is why I duff my hat to LC and others that count the smaller timeframes. I use the larget timeframes 4h and over - sometimes 1h to pick points of interest on the chart and then trade accordingly. I will say though that EW is definitely a most welcome addition to my trading toolbox

Olu
Olu, I believe EW is one of the best leading indicators out there. It is not always perfect, but what is!. Green pips to you!
  • #3,458
  • Nov 19, 2012 12:05pm Nov 19, 2012 12:05pm
Quoting MeInGraySuit
Olu, I believe EW is one of the best leading indicators out there. It is not always perfect, but what is!. Green pips to you!
I so agree with you...

Olu
If you think you can or cannot do it you are correct
  • #3,459
  • Nov 19, 2012 12:15pm Nov 19, 2012 12:15pm
Quoting Luis Carlos
CHF first view
CHF sec view
Attached Image (click to enlarge)
Click to Enlarge Name: 1H, nov19 2.PNG Size: 64 KB
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #3,460
  • Nov 19, 2012 12:22pm Nov 19, 2012 12:22pm
Quoting Luis Carlos
CHF sec view
2 out of 2 you are saying the euro is going down at least 40 pips. Any more views?

BTW check out usdcad and audusd on the 4h. Nice hammers. If this plays out then LC your EW prediction will come to pass

Olu
If you think you can or cannot do it you are correct
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