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  • #14,801
  • Nov 20, 2012 9:51am Nov 20, 2012 9:51am
Quoting blue_z_zz
this is my take
and you said (and we mybe ending wave 2 from the 5 wave down and wave 3 is just getting started)
  • #14,802
  • Nov 20, 2012 9:55am Nov 20, 2012 9:55am
Quoting blue_z_zz
so are you looking for selling rallys or buying dips
If I use H4 to gauge the entry, I would wait for the buying later. IMO this is the right way to do and a rule maker.

When I am impatient and try to scalp, I would use M5/M15 to sell now. IMO this is a wrong way and a rule breaker.
daddybearforex. com
  • #14,803
  • Nov 20, 2012 9:57am Nov 20, 2012 9:57am
Quoting Tim_isoara
and you said (and we mybe ending wave 2 from the 5 wave down and wave 3 is just getting started)
ahh ok
Attached Image (click to enlarge)
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  • #14,804
  • Nov 20, 2012 9:59am Nov 20, 2012 9:59am
Quoting DaddyBear
If I use H4 to gauge the entry, I would wait for the buying later. IMO this is the right way to do and a rule maker.

When I am impatient and try to scalp, I would use M5/M15 to sell now. IMO this is a wrong way and a rule breaker.
respect
Bulls Make Money, Bears Make Money, Pigs Get Slaughtered
  • #14,805
  • Nov 20, 2012 10:08am Nov 20, 2012 10:08am
Quoting blue_z_zz
respect
Currently, H1 Ichimoku Cloud is right below the PA. IMO a point of return could be within the cloud.
daddybearforex. com
  • #14,806
  • Nov 20, 2012 10:09am Nov 20, 2012 10:09am
Quoting DaddyBear
Currently, H1 Ichimoku Cloud is right below the PA. IMO a point of return could be within the cloud.
Inn the meantime, H4 swing low just kicks in.
daddybearforex. com
  • #14,807
  • Nov 20, 2012 10:10am Nov 20, 2012 10:10am
Quoting DaddyBear
Currently, H1 Ichimoku Cloud is right below the PA. IMO a point of return could be within the cloud.
never liked the clouds nor the butterflies and gann i like to keep it simple

there was some sort of info or investegating with gann son calling it all fraud and the theory is nothing
Bulls Make Money, Bears Make Money, Pigs Get Slaughtered
  • #14,808
  • Nov 20, 2012 10:16am Nov 20, 2012 10:16am
Quoting blue_z_zz
never liked the clouds nor the butterflies and gann i like to keep it simple

there was some sort of info or investegating with gann son calling it all fraud and the theory is nothing
I revisited Ichimoku Cloud lately and found it is not as bad as I used to think about it.
daddybearforex. com
  • #14,809
  • Nov 20, 2012 10:25am Nov 20, 2012 10:25am
Quoting DaddyBear
I revisited Ichimoku Cloud lately and found it is not as bad as I used to think about it.
There are two ways to use Ichimoku Clouds. One is with the projections and the other has no projections.
daddybearforex. com
  • #14,810
  • Nov 20, 2012 10:29am Nov 20, 2012 10:29am
Just share my view........
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  • #14,811
  • Nov 20, 2012 10:30am Nov 20, 2012 10:30am
Quoting Sayap111
Just share my view........
Sayap111, welcome aboard. Thanks for your contribution.
daddybearforex. com
  • #14,812
  • Nov 20, 2012 10:36am Nov 20, 2012 10:36am
Quoting Sayap111
Just share my view........
what makes you think that the uptrend from your chart will hold and the the down trend will be blown

any reason ?
Bulls Make Money, Bears Make Money, Pigs Get Slaughtered
  • #14,813
  • Nov 20, 2012 10:37am Nov 20, 2012 10:37am
Quoting Sayap111
Just share my view........
Why are there so many x, y and w? Can you make it simpler?
daddybearforex. com
  • #14,814
  • Nov 20, 2012 10:39am Nov 20, 2012 10:39am
Quoting DaddyBear
Why there are so many x, y and w? Can you make it simpler?
EWP is a complex theory but the expression can be in a simple format. IMO
daddybearforex. com
  • #14,815
  • Nov 20, 2012 10:39am Nov 20, 2012 10:39am
Quoting blue_z_zz
never liked the clouds nor the butterflies and gann i like to keep it simple

there was some sort of info or investegating with gann son calling it all fraud and the theory is nothing
In my opinion, it's all nonsense. Or mostly nonsense I should say. From my experience of looking at clouds (which I admit is limited), it's not really different than drawing areas of resistance or support on a chart. The sen and span lines are basically moving averages.
  • #14,816
  • Nov 20, 2012 10:41am Nov 20, 2012 10:41am
Quoting 2+2=4ex
In my opinion, it's all nonsense. Or mostly nonsense I should say. From my experience of looking at clouds (which I admit is limited), it's not really different than drawing areas of resistance or support on a chart. The sen and span lines are basically moving averages.
yes your absloutly right there just complicating areas of resistance or support with these fancy clouds
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  • #14,817
  • Nov 20, 2012 10:41am Nov 20, 2012 10:41am
Quoting Sayap111
Just share my view........
agree
  • #14,818
  • Nov 20, 2012 10:43am Nov 20, 2012 10:43am
Quoting 2+2=4ex
In my opinion, it's all nonsense. Or mostly nonsense I should say. From my experience of looking at clouds (which I admit is limited), it's not really different than drawing areas of resistance or support on a chart. The sen and span lines are basically moving averages.
I was a Ichimoku fan before but quit later because I saw no real value at all to use it. However, I looked at the clouds alone now to identify the supports and resistances. The good part of Ichimoku Clouds is it shows a zone not a thin line like other Western charting elements.
daddybearforex. com
  • #14,819
  • Nov 20, 2012 10:44am Nov 20, 2012 10:44am
Quoting Tim_isoara
agree
you have a long pos or waiting for a test of TD shown on sayap chart?
Bulls Make Money, Bears Make Money, Pigs Get Slaughtered
  • #14,820
  • Nov 20, 2012 10:50am Nov 20, 2012 10:50am
The Cloud is still high above M15 PA. It may rain again. IMO
daddybearforex. com
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