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Trading EURUSD only

  • #33,581
  • Feb 4, 2013 1:35am Feb 4, 2013 1:35am
yes your are wright
due every trader count it with different way.

as oosted this makes things messy.

even a trader can count different ways with in different days

a fix code should be used. or EW will mess everthing.


Quoting FXFUSE
EW is something I plan on studying at a later date for context. My guess is it will turn into a subconscious element of my trading if I find it useful, but I'll still stick to the methods I can better quantify.

The hardest aspect I have disseminating from EW is when they decide the theory is wrong. An EW opinion on this being a EUR/USD top here is really, really mute without context of when you are willing to admit you're wrong. If that EW correction is what's in store, that is a massive move. So where's the stop?

EW is probably the most...
  • #33,582
  • Feb 4, 2013 1:38am Feb 4, 2013 1:38am
the noise is making it difficoult to count.
so most traders eyeballing & writing on chart manually

but........
is it always the same.
absoulutly not.

as said to achive fix count code should be used
  • #33,583
  • Feb 4, 2013 1:39am Feb 4, 2013 1:39am
when you visit Luis carlos thread you can find too many different approches on same count!


Quoting stevewalker
the noise is making it difficoult to count.
so most traders eyeballing & writing on chart manually

but........
is it always the same.
absoulutly not.

as said to achive fix count code should be used
  • #33,584
  • Feb 4, 2013 1:43am Feb 4, 2013 1:43am
http://www.forexfactory.com/showthread.php?t=369574

Quoting stevewalker
when you visit Luis carlos thread you can find too many different approches on same count!
  • #33,585
  • Feb 4, 2013 1:44am Feb 4, 2013 1:44am
Thanks everyone for the input. Back to school.

B.
  • #33,586
  • Feb 4, 2013 1:45am Feb 4, 2013 1:45am
is code will count %100 correct
no

but it makes same mistakes evertime & trader can dismiss those counts.
as it is always same
but eyeballing my guess is extreemly dangerous if trader is not experienced.
& getting experienced on EW is my guess takes at least 3-5 years

Quoting stevewalker
the noise is making it difficoult to count.
so most traders eyeballing & writing on chart manually

but........
is it always the same.
absoulutly not.

as said to achive fix count code should be used
  • #33,587
  • Feb 4, 2013 1:55am Feb 4, 2013 1:55am
5min to UK Mudd
  • #33,588
  • Feb 4, 2013 1:56am Feb 4, 2013 1:56am

Quoting Bren0001
Thanks everyone for the input. Back to school.

B.
  • #33,589
  • Feb 4, 2013 2:01am Feb 4, 2013 2:01am
bloomberg

MKT locked on thıurdays Draghi press conf.
  • #33,590
  • Feb 4, 2013 2:01am Feb 4, 2013 2:01am
Quoting stevewalker
5min to UK Mudd
And they start with the move I hate. Lat minute move to make 30min candle barish doji and 1H candle.
  • #33,591
  • Feb 4, 2013 2:03am Feb 4, 2013 2:03am
same S*** different day

Quoting mok1one
And they start with the move I hate. Lat minute move to make 30min candle barish doji and 1H candle.
  • #33,592
  • Feb 4, 2013 2:05am Feb 4, 2013 2:05am
Quoting stevewalker
same S*** different day
Exactly
  • #33,593
  • Feb 4, 2013 2:08am Feb 4, 2013 2:08am
if it moves 50 pips more down
we will have 100 pips range just with start of day & full down
  • #33,594
  • Feb 4, 2013 2:15am Feb 4, 2013 2:15am
Quoting mok1one
And they start with the move I hate. Lat minute move to make 30min candle barish doji and 1H candle.
  • #33,595
  • Feb 4, 2013 2:17am Feb 4, 2013 2:17am
5M 15M turned down

Quoting mok1one
  • #33,596
  • Feb 4, 2013 2:18am Feb 4, 2013 2:18am
Quoting stevewalker
5M 15M turned down
Yeah. They managed to make close 15min candle Under the 30min channel-line with that last minute move. Not good for bulls atm.
  • #33,597
  • Feb 4, 2013 2:20am Feb 4, 2013 2:20am
Quoting mok1one
Yeah. They managed to make close 15min candle Under the 30min channel-line with that last minute move. Not good for bulls atm.
30 min candle need to close above 3609 for it to close above the 30 min channel-line
  • #33,598
  • Feb 4, 2013 2:20am Feb 4, 2013 2:20am
this week we have 2 bid rate.
I switch to scalp mode until those days.
I dont expect a major move before
  • #33,599
  • Feb 4, 2013 2:21am Feb 4, 2013 2:21am
monkey eating my FL profit from 3540
  • #33,600
  • Feb 4, 2013 2:21am Feb 4, 2013 2:21am
G M everybody,
i will say, before a good down move it should retest 1.37 !?
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