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  • #8,821
  • Jun 20, 2013 6:47am Jun 20, 2013 6:47am
Quoting Luis Carlos
Ok, I am posted the EURUSD chart, dont know why people just like to trade that... {image}
That's an old chart. Do you have a new one?
Those who say it cannot be done should not interrupt those who are doing it
  • #8,822
  • Edited 9:42am Jun 20, 2013 8:24am | Edited 9:42am
Quoting PipTrapper
{quote} That's an old chart. Do you have a new one?
oops. later

EU
Attached Image (click to enlarge)
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Stocktwit: LuisCarlos - twitter: @lcparodi
  • #8,823
  • Jun 20, 2013 3:04pm Jun 20, 2013 3:04pm
Quoting Luis Carlos
{quote} oops. later EU {image}
Excellent chart LC.

Olu
If you think you can or cannot do it you are correct
  • #8,824
  • Jun 21, 2013 2:57am Jun 21, 2013 2:57am
Quoting Luis Carlos
{quote} oops. later EU {image}
Thanks LC. I'm going to paste it in my thread.
Those who say it cannot be done should not interrupt those who are doing it
  • #8,825
  • Jun 21, 2013 4:09am Jun 21, 2013 4:09am
As i already told you we complete red wave C and now it's time to go down but before that we need some confirmation. here is it. wave 1 down complete and now we are in wave 2. wave 2 max position is 1.3305 based on murry math. i am planing to tread this when it bounce form 1.3305 and take us to new low.

Attached Image (click to enlarge)
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Trend Is Friend
  • #8,826
  • Jun 21, 2013 4:26am Jun 21, 2013 4:26am
Quoting polatok
As i already told you we complete red wave C and now it's time to go down but before that we need some confirmation. here is it. wave 1 down complete and now we are in wave 2. wave 2 max position is 1.3305 based on murry math. i am planing to tread this when it bounce form 1.3305 and take us to new low. {image}

I think a more likely place to sell is 1.3280 (support turned resistance)
Of course that assumes that wave 1 is complete.
Those who say it cannot be done should not interrupt those who are doing it
  • #8,827
  • Jun 21, 2013 4:42am Jun 21, 2013 4:42am
Quoting PipTrapper
{quote} I think a more likely place to sell is 1.3280 (support turned resistance) Of course that assumes that wave 1 is complete.
i am planing to open long term short after i see new low. because this wave 1 could be wave 4 that we already complete.

But the count i post is more preferable count.
Trend Is Friend
  • #8,828
  • Jun 21, 2013 6:46am Jun 21, 2013 6:46am
Quoting polatok
{quote} i am planing to open long term short after i see new low. because this wave 1 could be wave 4 that we already complete. But the count i post is more preferable count.

Either way, the prevailing medium to long term trend is down, so you cannot go wrong with a short position... assuming that you use sound money management.
Those who say it cannot be done should not interrupt those who are doing it
  • #8,829
  • Jun 21, 2013 7:15am Jun 21, 2013 7:15am
Quoting PipTrapper
{quote} Either way, the prevailing medium to long term trend is down, so you cannot go wrong with a short position... assuming that you use sound money management.

yes just waiting for a good position to go short.

or like to old days when i place a tread based on ew and 8 out of 10 times i was a winner. but pips are few because positions ware not good.
Trend Is Friend
  • #8,830
  • Edited 6:52pm Jun 21, 2013 7:51am | Edited 6:52pm
Great Break at EURUSD, now wait to 1.3250/80 to short until 1.22, then send to me a check for 20%..
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #8,831
  • Jun 21, 2013 7:52am Jun 21, 2013 7:52am
Quoting Luis Carlos
Great Break at EURUSD, now wait to 1.3250/80 to short until 1.22, then send to me a check of 20%..

haha well said. i am also planing to go short at that position.
Trend Is Friend
  • #8,832
  • Jun 21, 2013 8:01am Jun 21, 2013 8:01am
Quoting Luis Carlos
Great Break at EURUSD, now wait to 1.3250/80 to short until 1.22, then send to me a check of 20%..
great Luis,your analysis is very very good,i will follow your analysis and trade on my account,thanks for sharing,and yes i also will send the check of 20%......thanks.
  • #8,833
  • Jun 21, 2013 8:03am Jun 21, 2013 8:03am
I'm happy with my analysis thus far but have an open mind at the moment regarding the overall count.

1.3122 could represent an Expanded Flat where 1.34 was the high prior to commencement of it.
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Attached Image
  • #8,834
  • Jun 21, 2013 8:06am Jun 21, 2013 8:06am
Divergence in 4h looks good. finding a good place to go long.
Trend Is Friend
  • #8,835
  • Jun 21, 2013 8:08am Jun 21, 2013 8:08am
Quoting Forex Magic
I'm happy with my analysis thus far but have an open mind at the moment regarding the overall count. 1.3122 could represent an Expanded Flat where 1.34 was the high prior to commencement of it. {image} {image}

To see the expanded "Working Chart" click here: http://www.forexfactory.com/showthread.php?t=427671
  • #8,836
  • Jun 21, 2013 8:17am Jun 21, 2013 8:17am
Quoting Forex Magic
{quote} To see the expanded "Working Chart" click here: http://www.forexfactory.com/showthread.php?t=427671


Once again, my RSI's assist in the timing.

Here is a couple of charts and the RSI Vid:


Inserted Video
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  • #8,837
  • Jun 21, 2013 8:42am Jun 21, 2013 8:42am
Quoting polatok
{quote} haha well said. i am also planing to go short at that position.
Me three
Those who say it cannot be done should not interrupt those who are doing it
  • #8,838
  • Jun 21, 2013 8:49am Jun 21, 2013 8:49am
If we count the recent top as wave 2 then we will see no more up for now and more and faster downside is confirm.

before that a little 1,2 is needed. may be up to 1.3183 then go down.

also remember that today is Friday and market is near to close so may be sideways is more preferable.

Attached Image (click to enlarge)
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Trend Is Friend
  • #8,839
  • Jun 21, 2013 9:48am Jun 21, 2013 9:48am
the way market is going down i don't like it. with help of markus i find another count.

check this 30 min update. may be the wave 1 not complete yet.

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Trend Is Friend
  • #8,840
  • Jun 21, 2013 10:25am Jun 21, 2013 10:25am
Quoting polatok
the way market is going down i don't like it. with help of markus i find another count. check this 30 min update. may be the wave 1 not complete yet. {image}

Just as I suspected.
Those who say it cannot be done should not interrupt those who are doing it
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