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  • #747,441
  • Jan 17, 2013 8:56am Jan 17, 2013 8:56am
Quoting Tadej89
It doesn't take a genious to know that. I hope everyone knows that. An inside info and sharing it for free here on this forum?! Hell yeah!
Just please don't take away all my newbie hopes...
  • #747,442
  • Jan 17, 2013 8:57am Jan 17, 2013 8:57am
Quoting ForExtraPips
Not at all. That's where multiple charts come into play. Just like traders use MTF.
AAAhh... I see. Liking your style. The "Breakout" trade off the top worked out nicely btw!

So what's your criteria for filtering out different TL crosses?
A pip is only worth it if you know how much you risked to earn it
  • #747,443
  • Jan 17, 2013 8:58am Jan 17, 2013 8:58am
Quoting Mr.C
Hey people. Just wanted to share a diamond on EUR/USD I've posted today. Payed out nicely. Target of the model has already been reached. The main diagonal was pointing down and that means that after the break the price has to travel the opposite way of the diagonal side. Text book. As soon as the measured objective has been reached the price turned its way round.
Wow Mr C. I've not come across this before. Intersting stuff. What is this called?
A pip is only worth it if you know how much you risked to earn it
  • #747,444
  • Jan 17, 2013 9:01am Jan 17, 2013 9:01am
Quoting vlady1974
AAAhh... I see. Liking your style. The "Breakout" trade off the top worked out nicely btw!

So what's your criteria for filtering out different TL crosses?
Thanks. The one's that are on a 45 degree angle is what I look at hard. And where two trend lines meet, then put a vertical line in there, for the 90 degree line, another one I watch.
Time turns trend. - W.D. Gann
  • #747,445
  • Jan 17, 2013 9:04am Jan 17, 2013 9:04am
Quoting forex_growth
nice trade bro! especially seeing as it broke and re-tested it before heading up - gorgeous!
As I am an honest person will tell you this - I didn't take it as missed the perfect entry & then it rocketed UP. I had a sell from earlier this week so when I saw the diamond on my screen closed the position right away. Don't like leaving any pending orders but this would make me happy..

Just wanted to share it with you guys as it is a good example of how everything should look like in the reality.
Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
  • #747,446
  • Jan 17, 2013 9:04am Jan 17, 2013 9:04am
Quoting davidsayli
Sudden drop will be nearly 40-60 pips.
After that it will continue to drop to the 1.3215

GL
You should say good bye to this forum that will be appreciated by all of us i guess
OR be sensible.
MMMYYYKKK
  • #747,447
  • Jan 17, 2013 9:06am Jan 17, 2013 9:06am
Quoting myk
You should say good bye to this forum that will be appreciated by all of us i guess
OR be sensible.
I'm just wondering what's his purpose by saying that.
  • #747,448
  • Jan 17, 2013 9:06am Jan 17, 2013 9:06am
Quoting vlady1974
Wow Mr C. I've not come across this before. Intersting stuff. What is this called?
These are diamond formations. There are couple types of them: having one main diagonal (like in the example) and having two diagonals.
Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
  • #747,449
  • Jan 17, 2013 9:06am Jan 17, 2013 9:06am
Looks like it is going to be in a range till tomorrow. may be between 3300-3375
When Scalpers win, I lose and Vice varsa...
  • #747,450
  • Jan 17, 2013 9:08am Jan 17, 2013 9:08am
Quoting Fxnewdeal
I'm just wondering what's his purpose by saying that.
To join his accounts blowing company.
When Scalpers win, I lose and Vice varsa...
  • #747,451
  • Jan 17, 2013 9:09am Jan 17, 2013 9:09am
Quoting behnak
Although advanced get elliot wave has marked 1.3256 as the end of bearish wave 4 but my oppinion is 4th wave would be a three wave abc to 1.332 - 1.333 area that is 50% fibo retracement of wave 3
from this area we can think about bulish 5 wave

http://upload7.ir/images/36222386371122057191.jpg


http://upload7.ir/images/34564985252056322016.jpg

same target with me on previous post.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ew eurusd 2 17012013.png Size: 39 KB
Click to Enlarge Name: EW EURUSD 3 17012013.png Size: 36 KB
  • #747,452
  • Jan 17, 2013 9:11am Jan 17, 2013 9:11am
might be a good point to start selling, tight sl
  • #747,453
  • Jan 17, 2013 9:15am Jan 17, 2013 9:15am
Anybody still seeing 3420 level today?
When Scalpers win, I lose and Vice varsa...
  • #747,454
  • Jan 17, 2013 9:16am Jan 17, 2013 9:16am
Quoting Goldflake
Anybody still seeing 3420 level today?
why not 3215 then?
  • #747,455
  • Jan 17, 2013 9:16am Jan 17, 2013 9:16am
Quoting Goldflake
Anybody still seeing 3420 level today?
yes i see for today first 1.3408/10
  • #747,456
  • Jan 17, 2013 9:18am Jan 17, 2013 9:18am
Quoting Goldflake
Anybody still seeing 3420 level today?
Looking at move back to 1.3375...if broken 1.3390 then new highs, but it's a lot of 'if" and "then
So let's follow the PA
  • #747,457
  • Jan 17, 2013 9:18am Jan 17, 2013 9:18am
Somebody enlighten me. Why is it that Gold is in the same trend with the EURUSD.
  • #747,458
  • Jan 17, 2013 9:18am Jan 17, 2013 9:18am
See right now, I would agree with some shorts.

Not for myself, but there's clearly a confirmed break of 5M trend, so if you limt your risk to say 369 and sell at 355 it would make sense with a target of 35 for TP1.
A pip is only worth it if you know how much you risked to earn it
  • #747,459
  • Jan 17, 2013 9:19am Jan 17, 2013 9:19am
Quoting square1
Somebody enlighten me. Why is it that Gold is in the same trend with the EURUSD.
Gold is valued in USD.
A pip is only worth it if you know how much you risked to earn it
  • #747,460
  • Jan 17, 2013 9:20am Jan 17, 2013 9:20am
Quoting Goldflake
Anybody still seeing 3420 level today?
no, i see 3220
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