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  • #19,201
  • Dec 10, 2012 12:34pm Dec 10, 2012 12:34pm
Quoting dbutton1990
No. Us. Seems to me that most of the action happens from 3am to 11am est
Actually, it occurs in the US AM session. It is the overlapping period of European and American sessions.
daddybearforex. com
  • #19,202
  • Dec 10, 2012 12:38pm Dec 10, 2012 12:38pm
Quoting DaddyBear
Positive!

There are tow patterns. Let me use the impulsive pattern as an example. In wave one, most people are not convinced. So, a setback occurs, which is wave2. When it moves again, the people who missed wave 1 pile in. This creates the most powerful wave 3. When momentum reaches its maximum, some people believe it's over. They pull out the game. Wave 4 is then formed. However, some people who believe it's not over pick up at the bottom of wave 4 and move it again. This is wave five. By the end of wave 5, the momentum runs out of steam, it...
I am not a EWP Alien, what are your thoughts on these two ideas of counting, or am I wrong with both...?
Attached Images
The More You Learn, The More You Earn.....
  • #19,203
  • Dec 10, 2012 12:44pm Dec 10, 2012 12:44pm
Quoting forexalien
I am not a EWP Alien, what are your thoughts on these two ideas of counting, or am I wrong with both...?
Below is Tim's daily chart with my red letters and lines. To the best of my knowledge, I believe this is the wave count matching the market paths.

http://www.forexfactory.com/attachme...1&d=1354251655
daddybearforex. com
  • #19,204
  • Dec 10, 2012 12:45pm Dec 10, 2012 12:45pm
DB:
Quote
I agree with you about "we are in c correction on higher time frame." But, not quite sure about your wave 3. where is it?

I have wave 3 on 4 HR starting at 1.04167 and ending at 1.0487 using close as number.

Target is 1.046 or slightly below top of wave 3.

Just my idea, could be wrong or different from others.

See 1.04971 as start of C today.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #19,205
  • Dec 10, 2012 12:55pm Dec 10, 2012 12:55pm
Quoting Tim_isoara
1.0500-20
Tim

1.05 was hit today,

before i went to sleep, i said there is a higher probability that it will hit 1.0516..
Maxim said there is TL resistance at 1.052 (for today, higher tomorrow)

i am curious as to why you have 1.0500-20.. is 1.052 your 2nd highest target??

closed my short position early..

edit: we were 10pip shy from 1.0516..
  • #19,206
  • Dec 10, 2012 12:56pm Dec 10, 2012 12:56pm
The beginning and the ending of a wave cannot be determined by feeling or emotion. Usually, the timing coincides with Fibonacci numbers or certain indicators. This is a complicated issue. I may have to write a book to elaborate this issue in details in the future.
daddybearforex. com
  • #19,207
  • Dec 10, 2012 12:58pm Dec 10, 2012 12:58pm
Quoting DaddyBear
The beginning and the ending of a wave cannot be decided by feeling or emotion. Usually, the timing coincides with Fibonacci numbers or certain indicators. This is a complicated issue. I may have to write a book to elaborate this issue in details in the future.
dont forget to include this in your book.

http://www.forexfactory.com/attachme...%20hr%20ago%29
  • #19,208
  • Dec 10, 2012 12:58pm Dec 10, 2012 12:58pm
Quoting HelloOz
Tim

1.05 was hit today,

before i went to sleep, i said there is a higher probability that it will hit 1.0516..
Maxim said there is TL resistance at 1.052 (for today, higher tomorrow)

i am curious as to why you have 1.0500-20.. is 1.052 your 2nd highest target??

closed my short position early..

edit: we were 10pip shy from 1.0516..
"we were 10pip shy from 1.0516."

This means the bears are still behind the wheel. I remember your target was 1.046xx. We are not there yet.
daddybearforex. com
  • #19,209
  • Dec 10, 2012 1:03pm Dec 10, 2012 1:03pm
Quoting DaddyBear
"we were 10pip shy from 1.0516."

This means the bears are still behind the wheel. I remember your target was 1.046xx. We are not there yet.
yes 20pips to go..
  • #19,210
  • Dec 10, 2012 1:09pm Dec 10, 2012 1:09pm
Quoting HelloOz
dont forget to include this in your book.
I would modify it to reflect the reality.
Attached Image
daddybearforex. com
  • #19,211
  • Dec 10, 2012 1:12pm Dec 10, 2012 1:12pm
Quoting DaddyBear
I would modify it to reflect the reality.
In some conservative countries, I may have to use this version instead.
Attached Image
daddybearforex. com
  • #19,212
  • Dec 10, 2012 1:20pm Dec 10, 2012 1:20pm
Quoting DaddyBear
In some conservative countries, I may have to use this version instead.
And, another version for UPS AD.
Attached Image (click to enlarge)
Click to Enlarge Name: ALIEN-WINGS-5.JPG Size: 57 KB
daddybearforex. com
  • #19,213
  • Dec 10, 2012 1:22pm Dec 10, 2012 1:22pm
I hope DB's cartoons help people go through this boring consolidation phase. Take it easy!
daddybearforex. com
  • #19,214
  • Dec 10, 2012 1:24pm Dec 10, 2012 1:24pm
Quoting DaddyBear
And, another version for UPS AD.
matrix version of avatar..

connecting to UPS for uninterruptible power
  • #19,215
  • Dec 10, 2012 1:27pm Dec 10, 2012 1:27pm
Quoting HelloOz
matrix version of avatar..

connecting to UPS for uninterruptible power
I may send this one to Victoria's Secret underwear Co.

http://www.forexfactory.com/attachme...1&d=1355166730
daddybearforex. com
  • #19,216
  • Dec 10, 2012 1:31pm Dec 10, 2012 1:31pm
Quoting DaddyBear
I may send this one to Victoria's Secret underwear Co.

http://www.forexfactory.com/attachme...1&d=1355166730
dont forget to send me invitation to the show.. front row seat pls.
  • #19,217
  • Dec 10, 2012 1:33pm Dec 10, 2012 1:33pm
Quoting DaddyBear
I may send this one to Victoria's Secret underwear Co.

http://www.forexfactory.com/attachme...1&d=1355166730
LOL
Good luck and may the odds be ever in your favor!
  • #19,218
  • Dec 10, 2012 1:33pm Dec 10, 2012 1:33pm
Quoting HelloOz
dont forget to send me invitation to the show.. front row seat pls.
The front row seat has been taken by alien and Tim. Sorry.
daddybearforex. com
  • #19,219
  • Dec 10, 2012 1:34pm Dec 10, 2012 1:34pm
Quoting HelloOz
what about the prank call that ausie radio hosts made to hospital where Kate was staying?
Quote:
Originally Posted by Spoony http://images.forexfactory.net/buttons/viewpost.gif (http://www.forexfactory.com/showthread.php?p=6274932#post6274932)
will the news about the death of the nurse who got pranked by aussie djs have any impact on the dollar?

or am i being paranoid.


i didnt know this was the same case until yesterday.

fyi-- the company shares, Austereo, dropped 8% yesterday..
  • #19,220
  • Dec 10, 2012 2:11pm Dec 10, 2012 2:11pm
Quoting DaddyBear
The beginning and the ending of a wave cannot be determined by feeling or emotion. Usually, the timing coincides with Fibonacci numbers or certain indicators. This is a complicated issue. I may have to write a book to elaborate this issue in details in the future.
Does this simplify things or not?
Attached Image (click to enlarge)
Click to Enlarge Name: aud 4h with waves marked.jpg Size: 305 KB
The More You Learn, The More You Earn.....
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