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  • #744,741
  • Jan 11, 2013 3:32am Jan 11, 2013 3:32am
Quoting fxtyrant
you my friend are what the EURO Bulls call as a nutty trader... like me
btw hows your trading my friend?
havent seen you around since you vouched for me.... which was like last year....
yup still crazy kiwi, feb - july last year was ok, been uphill battle ever since, light trading till late jan mid feb, then looking to up the ante, markets getting harder and harder good to see you back
If you are new to Forex? Say Goodbye to your account!!
  • #744,742
  • Jan 11, 2013 3:35am Jan 11, 2013 3:35am
Quoting KiwiTrada
parity is target 1
eurgbp parity? Maybe...all my bearish views have been invalidated...so i dont see no reason for what u are saying. The only thing in your favor is that yesterday up move was parabolic.
  • #744,743
  • Jan 11, 2013 3:35am Jan 11, 2013 3:35am
Quoting KiwiTrada
yup still crazy kiwi, feb - july last year was ok, been uphill battle ever since, light trading till late jan mid feb, then looking to up the ante, markets getting harder and harder good to see you back
gbp taking another little dump
If you are new to Forex? Say Goodbye to your account!!
  • #744,744
  • Jan 11, 2013 3:39am Jan 11, 2013 3:39am
Quoting Ihate2lose
Are we on the third wave? Daily Chart.
I have seen a video on youtube, and it said that third wave is usually the sharpest wave.


yes, but the wave no. 2 on your chart is the wave 3



up-down-up-down-up translates to 1-2-3-4-5
  • #744,745
  • Jan 11, 2013 3:41am Jan 11, 2013 3:41am
Quoting KiwiTrada
gbp taking another little dump
Yip

If we can clear 1.61179 then we might get to 1.60836 and then decision time.

What do you have on the down side?
We miss 100% of the shots we don't take
  • #744,746
  • Jan 11, 2013 3:43am Jan 11, 2013 3:43am
out of long
  • #744,747
  • Jan 11, 2013 3:44am Jan 11, 2013 3:44am
Quoting attila
out of long
Why? U think this zone will react a 3rd time?
  • #744,748
  • Jan 11, 2013 3:45am Jan 11, 2013 3:45am
Quoting Ihate2lose
Are we on the third wave? Daily Chart.
I have seen a video on youtube, and it said that third wave is usually the sharpest wave.


if I was trying to get a 5 wave count here then this would be valid and put us on wave 3

which you might also note coincides with my mention yesterday/ earlier that below 35 I might change my long stance for the day - see where the top of wave 1 is...
Attached Image (click to enlarge)
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  • #744,749
  • Jan 11, 2013 3:46am Jan 11, 2013 3:46am
Quoting Alexone
Why? U think this zone will react a 3rd time?
not caring much about levels at this point.. they're useless after that run.. it made a Higher session high.. if it goes up, i will go up some more.. entering another trade is not that scary
  • #744,750
  • Jan 11, 2013 3:48am Jan 11, 2013 3:48am
Quoting infinitus
yes, but the wave no. 2 on your chart is the wave 3



up-down-up-down-up translates to 1-2-3-4-5
Thank you very much infinitus for your explanation.
  • #744,751
  • Jan 11, 2013 3:50am Jan 11, 2013 3:50am
we might see 3220ish today..
  • #744,752
  • Jan 11, 2013 3:50am Jan 11, 2013 3:50am
Quoting MaxDoom
if I was trying to get a 5 wave count here then this would be valid and put us on wave 3
I have a question here...I dont use Elliot in my analysis but im just curious...why not like this? (see pic) I mean how do u take highs and lows in Elliot wave analysis?
Attached Image (click to enlarge)
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  • #744,753
  • Jan 11, 2013 3:50am Jan 11, 2013 3:50am
They are still searching for long entry. I hope 3250 would be the support for long entry.
When Scalpers win, I lose and Vice varsa...
  • #744,754
  • Jan 11, 2013 3:51am Jan 11, 2013 3:51am
Quoting Ihate2lose
Are we on the third wave? Daily Chart.
I have seen a video on youtube, and it said that third wave is usually the sharpest wave.
I think you misunderstand when watching youtube

It's 3 drives to a top ,

Bearish three drives, you sell at the top of leg 3.....
Dangdut is a music of my country
  • #744,755
  • Jan 11, 2013 3:52am Jan 11, 2013 3:52am
Quoting attila
we might see 3220ish today..
no chance.
When Scalpers win, I lose and Vice varsa...
  • #744,756
  • Jan 11, 2013 3:53am Jan 11, 2013 3:53am
Quoting Goldflake
They are still searching for long entry. I hope 3250 would be the support for long entry.
OK... I'll leave you in good hands for the rest of the session... watch fxrustyspoon.. that guy knows his shit...he will come back with a bag full of pips at the end of today, you'll see..
  • #744,757
  • Jan 11, 2013 3:53am Jan 11, 2013 3:53am
Quoting Rooi
Yip

If we can clear 1.61179 then we might get to 1.60836 and then decision time.

What do you have on the down side?
5891 holding cable G/C and Geppy but aussie is at critical level possibly H&S printed considering I think kiwi has already showed her hand and rolled over only held by 50sma presently if she drops through will be very good friday for me
If you are new to Forex? Say Goodbye to your account!!
  • #744,758
  • Jan 11, 2013 3:53am Jan 11, 2013 3:53am
Quoting Goldflake
no chance.
wanna bet? kidding.. take care.
  • #744,759
  • Jan 11, 2013 3:58am Jan 11, 2013 3:58am
Quoting attila
wanna bet? kidding.. take care.
yep..it just can't come below 3250 level.
When Scalpers win, I lose and Vice varsa...
  • #744,760
  • Jan 11, 2013 3:58am Jan 11, 2013 3:58am
Quoting attila
I'm short but don't mind me.. I know jack shit about Lo.
Morning mate you are up early.
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