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  • #815,801
  • Jul 16, 2013 10:46am Jul 16, 2013 10:46am
Quoting Tadej89
Blah shit day for me. Everybody keeps buying this thing.
Don't know about you man, but I have a 324 pips h4 candle behind... maybe it means something or maybe it doesn't.. so far it does, until it doesn't.. see? I can talk from both sides of my mouth..
  • #815,802
  • Jul 16, 2013 10:46am Jul 16, 2013 10:46am
Quoting attila
{quote} final for the summer is 3700.. no clue how's gonna get there..
Yep. Who cares really. Take it one wave at a time.
  • #815,803
  • Jul 16, 2013 10:47am Jul 16, 2013 10:47am
Quoting MeInGraySuit
{quote} Hatch here is one of my accounts I trade on a LAMM account with FXCM. I am not trying to put more fuel to the fire but in my opinion EW is the best leading indicator out there. Yes, sometimes you have to count and recount and make decisions and yes I believe you have to use other tools to enter and exit the markets because one thing that EW lacks is time duration of waves, however, EW is the best at giving one a sense of direction. EW might not fit with everyone, but here is proof the EW works. Anyway my thoughts. To each our own... {image}...
so you use low leverage. that is good money management for success.

about EW, if you recount the waves, that is to try fitting a curve to an existing data.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #815,804
  • Jul 16, 2013 10:52am Jul 16, 2013 10:52am
Closed shorts


Attached Image (click to enlarge)
Click to Enlarge Name: ps180713.JPG Size: 190 KB
  • #815,805
  • Jul 16, 2013 10:52am Jul 16, 2013 10:52am
Quoting infinitus
{quote} Hi MIG, well, firstly I have to admit, that I do hate counts on the weekly, because too much of information gets lost in a single candle. You have labeled the "wedge" as ABCDE, which is a triangle. But a triangle can not be in a wave 2 position. So we have to work with kind of complex correction like WXY. The end of your wave C could be wave W, D would then be wave X, and now we are up in wave X with a zigzag eventually. So the target would be still the same as on your picture. So we can take a closer look at the wave X down. On daily...
Thanks, I look to larger TF when counts in lower TF are more confusing. Yes "wedge" I should label triangle, I say wedge for a expanding triangle I guess that is my own EW lingo.
  • #815,806
  • Jul 16, 2013 10:54am Jul 16, 2013 10:54am
Quoting MeInGraySuit
{quote} Hatch here is one of my accounts I trade on a LAMM account with FXCM. I am not trying to put more fuel to the fire but in my opinion EW is the best leading indicator out there. Yes, sometimes you have to count and recount and make decisions and yes I believe you have to use other tools to enter and exit the markets because one thing that EW lacks is time duration of waves, however, EW is the best at giving one a sense of direction. EW might not fit with everyone, but here is proof the EW works. Anyway my thoughts. To each our own... {image}...
Honestly, that's not the point. I'll have dinner first, then burp and fart, and then I'm going to answer.
  • #815,807
  • Jul 16, 2013 10:56am Jul 16, 2013 10:56am
Quoting attila
{quote} will retrace and do all kinds of things. final target for this leg from 2995 is 3350. benny could prove me wrong tomorrow, although I don't think so.

nice

see the USD JPY goes down as much as EUR USD upwards and the pair correlations, they want to take up shorty

RISK OFF- SP500 Back to the U.S. dollar, inflation = return to monetary tightening as planned, this puppet Bernanke did what he had to do, has lowered the profitability of bonds, USD weakened for a short time but now I do not have output = inflation, I'm curious what puppet Bernanke will say tomorrow: ) Bernanke = puppet and Pinocchio
  • #815,808
  • Jul 16, 2013 10:56am Jul 16, 2013 10:56am
EUR
Expecting a rather strong spike downwards.

The shifting of angles as shown in the chart below is only reinforcing a faster spike down.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_Daily.jpg Size: 154 KB
  • #815,809
  • Jul 16, 2013 10:58am Jul 16, 2013 10:58am
Quoting ffleo
{quote} so you use low leverage. that is good money management for success. about EW, if you recount the waves, that is to try fitting a curve to an existing data.
You have to recount waves because there are specific rules in EW and once rules are invalidated you either have to recount or what I do is look at higher TF for clarification. You will have to work with EW because it is not a overnight course that you buy on the internet to make you rich, but again with the specific rules it has EW is not rocket science either. Good Trading!!
  • #815,810
  • Jul 16, 2013 11:01am Jul 16, 2013 11:01am
hello guys, no matter what methods you use, with good money management applied to a little probability, you should make money in the long run.

the FX market has a range, unlike the equity market can be manipulated to infinitely high. you play small within the range of the FX market (suppose you have enough money in your account) you should make money. the only thing that kills your account is over-leverage.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #815,811
  • Jul 16, 2013 11:02am Jul 16, 2013 11:02am
Quoting Venice
{quote} Yep. Who cares really. Take it one wave at a time.
Then the big drop when they'll tidy it up.

This game is pretty simple.. We were at 2995 when benny opened his hole.. Had he said what he was supposed to say, where could we have dropped? to 1.18? And then when he actually tidy it up go where? 0.5? That's what many here want. Unfortunately, it's not going to happen.. 1.24-26 maybe, so we need higher before.. Not sure if anybody noticed when he was asked the question... he smiled and took a sip from his glass of water.... seriously, that's what he did.
  • #815,812
  • Jul 16, 2013 11:04am Jul 16, 2013 11:04am
Quoting attila
{quote} Then the big drop when they'll tidy it up. This game is pretty simple.. We were at 2995 when benny opened his hole.. Had he said what he was supposed to say, where could we have dropped? to 1.18? That's what many here want. Unfortunately, it's not going to happen.. 1.24-26 maybe, so we need higher before.. Not sure if anybody noticed when he was asked the question... he smiled and took a sip from his glass of water.... seriously, that's what he did.
M30 is starting to look a little compression'ish. Let's see if they slam it down to create the new HL.
  • #815,813
  • Jul 16, 2013 11:07am Jul 16, 2013 11:07am
Quoting Venice
{quote} M30 is starting to look a little compression'ish. Let's see if they slam it down to create the new HL.
it will be needed, yes. just as I need my beauty nap, right about now..
  • #815,814
  • Jul 16, 2013 11:08am Jul 16, 2013 11:08am
Quoting attila
{quote} it will be needed, yes. just as I need my beauty nap, right about now..
sub 3050
  • #815,815
  • Jul 16, 2013 11:19am Jul 16, 2013 11:19am
Quoting ffleo
{quote} so you use low leverage. that is good money management for success. about EW, if you recount the waves, that is to try fitting a curve to an existing data.

maybe, with no offense, you FIRST read about, what EW is all about, and THEN try to make an educated guess..........

Yes, when social mood changes, we have to adapt our counts to reflect the best probability for the next waves........


Can not be soooo hard to understand
  • #815,816
  • Jul 16, 2013 11:19am Jul 16, 2013 11:19am
Quoting attila
{quote} Don't know about you man, but I have a 324 pips h4 candle behind... maybe it means something or maybe it doesn't.. so far it does, until it doesn't.. see? I can talk from both sides of my mouth..
Maybe 1.3150 was the high for today.
  • #815,817
  • Jul 16, 2013 11:24am Jul 16, 2013 11:24am
Quoting Tadej89
Blah shit day for me. Everybody keeps buying this thing.

Hi Tradej,

it is all the fault of BVB Dortmund
  • #815,818
  • Jul 16, 2013 11:26am Jul 16, 2013 11:26am
Quoting MeInGraySuit
{quote} Hatch here is one of my accounts I trade on a LAMM account with FXCM. I am not trying to put more fuel to the fire but in my opinion EW is the best leading indicator out there. Yes, sometimes you have to count and recount and make decisions and yes I believe you have to use other tools to enter and exit the markets because one thing that EW lacks is time duration of waves, however, EW is the best at giving one a sense of direction. EW might not fit with everyone, but here is proof the EW works. Anyway my thoughts. To each our own... {image}...

Yep, and I have seen many of your good live trades or calls in the EW-threads
  • #815,819
  • Jul 16, 2013 11:27am Jul 16, 2013 11:27am
Quoting infinitus
{quote} maybe, with no offense, you FIRST read about, what EW is all about, and THEN try to make an educated guess.......... Yes, when social mood changes, we have to adapt our counts to reflect the best probability for the next waves........ Can not be soooo hard to understand

do percolation and fractals sound familiar?
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #815,820
  • Jul 16, 2013 11:29am Jul 16, 2013 11:29am
Quoting infinitus
{quote} Hi Tradej, it is all the fault of BVB Dortmund

Hah why? Dortmund could only bring me luck. Anyway it seems that just everyone is buying this, I haven't expected 140 for today, especially with all that data (IMO it was okay for usa).

I have my short opened from 120...and its sucks donkey dick.
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