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  • #1,201
  • Jan 14, 2013 9:53pm Jan 14, 2013 9:53pm
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
Too right you are - but it is the weekly - and it is approaching the 200! I stick to the smaller time frames - although I do look at the weekly from time to time!

Thank you for the post
  • #1,202
  • Jan 14, 2013 10:16pm Jan 14, 2013 10:16pm
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
AO still has not crossed the zero line - RSI is flat below the 50. Believe the elliot wave count is holding true
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  • #1,203
  • Jan 14, 2013 10:21pm Jan 14, 2013 10:21pm
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
S1 next obstacle
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  • #1,204
  • Jan 14, 2013 10:33pm Jan 14, 2013 10:33pm
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
Doubting myself now. I have deleted the add-on sell stop and moved TP to +10
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  • #1,205
  • Jan 14, 2013 10:35pm Jan 14, 2013 10:35pm
whatever profit is profit .......... congrats dudeeeeeeeeeeeeeeee

am still away from euro... still maintaining GU and AU buddy...

Quoting 9er
Doubting myself now. I have deleted the add-on sell stop and moved TP to +10
not euphoria follower
  • #1,206
  • Jan 14, 2013 10:42pm Jan 14, 2013 10:42pm
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
here's the reasoning for my doubt - according to the elliot wave rules, whether impulse or corrective, wave 3 (iii) cannot be the shortest wave. My original count had leg (iii) as the shortest wave. I have adjusted the count (as I assume you must). If this is true we should see a move to 3320.

I do not like how the current 1h candle is shaping up
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  • #1,207
  • Jan 14, 2013 10:58pm Jan 14, 2013 10:58pm
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
Haven't gotten there yet!

Quoting iqyu5an
whatever profit is profit .......... congrats dudeeeeeeeeeeeeeeee

am still away from euro... still maintaining GU and AU buddy...
  • #1,208
  • Jan 14, 2013 11:17pm Jan 14, 2013 11:17pm
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
The 5M and 15M have painted patterns and the 15m is approaching the 200
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  • #1,209
  • Jan 14, 2013 11:36pm Jan 14, 2013 11:36pm
seems to re test 3300... or last month high . broke this area... 323x-325x could be provide temporary support. gonna try to re load long bullet down there.

but if she goes downthere ........

am still away from euro bud...

Quoting 9er
The 5M and 15M have painted patterns and the 15m is approaching the 200
not euphoria follower
  • #1,210
  • Jan 14, 2013 11:40pm Jan 14, 2013 11:40pm
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts

Wave A: Correction To Rally

– Initially Wave A may appear to be a correction to the normal rally. However, if it breaks down into five


subwaves, it indicates that a new market trend may have developed.

This is what I am waiting for - the current correction to amount to 5 sub-waves within it
  • #1,211
  • Jan 15, 2013 1:22am Jan 15, 2013 1:22am
Quoting iqyu5an
seems to re test 3300... or last month high . broke this area... 323x-325x could be provide temporary support. gonna try to re load long bullet down there.

but if she goes downthere ........

am still away from euro bud...
I hope so..I'm short @3358...but you know don't hope in forex business, but pray
Dangdut is a music of my country
  • #1,212
  • Jan 15, 2013 1:24am Jan 15, 2013 1:24am
whatever dude...
am preety sure u got your own reason and planning for this ....

as long u got it...... do what u have to do........ don't listen the other that's noise


success dudeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee


Quoting NuNix
I hope so..I'm short @3358...but you know don't hope in forex business, but pray
not euphoria follower
  • #1,213
  • Jan 15, 2013 1:44am Jan 15, 2013 1:44am
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
Ugh - so slow. RSI pointing down - doing ALOT of reading on elliot waves - like being in college all over again!
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  • #1,214
  • Jan 15, 2013 2:00am Jan 15, 2013 2:00am
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
Current candle has progressed to the low of sub wave (i) and bounced. So far progressing with the count. If it breaks below subwave (i) profit should be locked in and a move to subwave (iv) anticipated.
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  • #1,215
  • Jan 15, 2013 2:20am Jan 15, 2013 2:20am
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
Upon second glance it would appear a new low happened at (iii) a corrective to (iv) maybe a 38.2 retrace of (ii) to (iii)?
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  • #1,216
  • Jan 15, 2013 3:17am Jan 15, 2013 3:17am
Hello 9er...Sorry I couldn't post anything about wave, i don't understand about elliot wave....but i read all your post about wave and learning it...thank you.
Dangdut is a music of my country
  • #1,217
  • Jan 15, 2013 3:26am Jan 15, 2013 3:26am
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
retrace was to 61.8 has (iv) formed? Stop loss now firmly in place above sub-wave (ii) (a break above subwave (ii) in-validates this move and should not be ignored.

I am still pinning hope to the fact that we are in a complete 8 wave pattern, at the beginning of the 3 stage correction (ABC) down to the beginning of Big stage II
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  • #1,218
  • Jan 15, 2013 3:27am Jan 15, 2013 3:27am
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
I am still learning it as well - please don't let the fact that I am babbling in Ewaves to stop your normal postings!

Quoting NuNix
Hello 9er...Sorry I couldn't post anything about wave, i don't understand about elliot wave....but i read all your post about wave and learning it...thank you.
  • #1,219
  • Jan 15, 2013 3:31am Jan 15, 2013 3:31am
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
drilling to the 5M I see that I have had 4 chances to take my +10 pips - I ignored them all and I never moved to BE

I broke 2 of my hard and fast rules 4 times

1. Remove risk 1st
2. Take +10 when market gives it

I deserve to be stopped out!

Dumb ass
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  • #1,220
  • Jan 15, 2013 4:47am Jan 15, 2013 4:47am
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
So - incidentally IF by elliot wave rules the current move goes as I think it will and completes at sub-wave (v) a small 3 wave correction should ensue (ABC) which by my count completes an 8 wave cycle indicating a reversal of trend (to bearish)
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