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  • #1,141
  • Jan 14, 2013 12:22am Jan 14, 2013 12:22am
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
And I am triggered in
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  • #1,142
  • Jan 14, 2013 12:26am Jan 14, 2013 12:26am
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
Very interesting - keep that knowledge pouring in!

Quoting iqyu5an
my interest in ew when collaborating it with harmonic to trade BAMM. other word...trading leg 3 in ew... trade from bottom of leg 2 to top ( around ) of leg 3 .

leg 3 is well known as the longest wave after impulse ( wave 1 ) and its correction ( wave 2 )
  • #1,143
  • Jan 14, 2013 12:29am Jan 14, 2013 12:29am
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
here we go: http://stockcharts.com/school/doku.p...tt_wave_theory Complete with pretty pictures and explanations
  • #1,144
  • Jan 14, 2013 12:34am Jan 14, 2013 12:34am
Great!

Quoting 9er
here we go: http://stockcharts.com/school/doku.p...tt_wave_theory Complete with pretty pictures and explanations
Best time to plant a tree was 20 years ago, second best is now
  • #1,145
  • Jan 14, 2013 12:47am Jan 14, 2013 12:47am
here is why i like trade from 2 to 3... ( longest wave )

harmonian call this BAMM ( trade from C to D ). and most EW trader....love to trade leg 3 ( trade from 2 to 3 ) .... and pitchfork trader like to trade once triggerline broken ( pitchfork : here ) .

http://stockcharts.com/school/data/m...-7-rdctrig.png

***

there is lot of trigger line in my chart actually.. but for example.. i only draw one line...( pitchfork not drawn in detail there )


Quoting 9er
Very interesting - keep that knowledge pouring in!
Attached Image (click to enlarge)
Click to Enlarge Name: bamm eu9.gif Size: 19 KB
not euphoria follower
  • #1,146
  • Jan 14, 2013 12:52am Jan 14, 2013 12:52am
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
Stumbled across this indicator. Pretty basic but seems ok
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Attached File(s)
File Type: ex4 IBFX-Waves.ex4   32 KB | 378 downloads
  • #1,147
  • Jan 14, 2013 12:55am Jan 14, 2013 12:55am
hmm there is gap in your broker ...


Quoting 9er
Stumbled across this indicator. Pretty basic but seems ok
not euphoria follower
  • #1,148
  • Edited 1:22am Jan 14, 2013 1:00am | Edited 1:22am
waiting for short setup in ausie and kiwi.

waiting for C confirmation - BAMM there
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not euphoria follower
  • #1,149
  • Jan 14, 2013 1:00am Jan 14, 2013 1:00am
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
Yeah I posted that earlier. not in yours?

Quoting iqyu5an
hmm there is gap in your broker ...
  • #1,150
  • Jan 14, 2013 1:05am Jan 14, 2013 1:05am
mine is relative small ...less than 10 pips. i think your broker has more than 10 pips. about 15-20 pips ?



Quoting 9er
Yeah I posted that earlier. not in yours?
not euphoria follower
  • #1,151
  • Jan 14, 2013 1:23am Jan 14, 2013 1:23am
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
yeah 25 pips

Quoting iqyu5an
mine is relative small ...less than 10 pips. i think your broker has more than 10 pips. about 15-20 pips ?
  • #1,152
  • Jan 14, 2013 1:47am Jan 14, 2013 1:47am
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
I love it when you can find an example that can be applied to an immediate chart. So if the premise of the example is correct - then we should see a correction to C (ABC)? Per the example
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  • #1,153
  • Jan 14, 2013 2:03am Jan 14, 2013 2:03am
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
AT BE
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  • #1,154
  • Jan 14, 2013 2:07am Jan 14, 2013 2:07am
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
Locked in +5 on this. If the premise of the 5 wave is correct and I get taken out, will look for re-entry in the ensuing ABC?
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  • #1,155
  • Jan 14, 2013 2:09am Jan 14, 2013 2:09am
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
5M pierced the 200 RSI below 30 may see correction on this TF?
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  • #1,156
  • Jan 14, 2013 2:11am Jan 14, 2013 2:11am


Quoting 9er
5M pierced the 200 RSI below 30 may see correction on this TF?
not euphoria follower
  • #1,157
  • Jan 14, 2013 2:17am Jan 14, 2013 2:17am
waiting for bulllish shark in m15/30 - GU to add another long position . seems after breaking friday's low ... but that's IF also



Quoting iqyu5an
G night, morning and day every one ...

my personal view

am flat. just closed TP eu at 3250 and 3350. now position is waiting for double bearish pattern ( abcd and deep crab ) in eu meanwhile maintaining my long in GU
not euphoria follower
  • #1,158
  • Jan 14, 2013 2:19am Jan 14, 2013 2:19am
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
If the divergence to the AO is sound and I have a trade which I entered as a result of it; I usually like to stay in the trade "with the AO".

Meaning once I have locked in profit - I like to stay in the trade and trail my stop until the AO crosses the zero line. Can't tell you how many times my trailing stop gets taken out, but if it works to our benefit - the move usually generates 40 to 60 pips or higher (currently at +20)
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  • #1,159
  • Jan 14, 2013 2:22am Jan 14, 2013 2:22am
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
Lower TL broken for now
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  • #1,160
  • Jan 14, 2013 3:11am Jan 14, 2013 3:11am
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
5M still messing below the 200. I do like the down fractal that formed, telling me that potentially price will continue down?
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