The Club! | Page 130 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Help Me Establish The GbpUsd After Dinner Club 40 replies

Attachments: The Club!
Exit Attachments

The Club!

  • #2,581
  • Jul 28, 2013 7:11am Jul 28, 2013 7:11am
Quoting priceaction1
If I want to trade upon this one what should be my entry???? 1 does it means strong bull? 2 is it indication that price will not go bellow 1.30*** area till 2 Aug. 3. or big boys eat up all selling puts,( means price go down) 4 any clue indication according to this chart ???? ref: http://www.optionpopularity.com/soft...ularityEN.aspx {image}

If you look at options you can determine the max pain. Max pain is the price, where most of the options get worth-less

Try this one: http://www.optionpain.com/OptionPain/Option-Pain.php

and type in FXE for EURUSD

But keep in mind: options in Forex do not play a big rule - it is nice to look at it as sentiment gauge
  • #2,582
  • Jul 28, 2013 7:15am Jul 28, 2013 7:15am
Quoting PipTrapper
Something about this count does not sit well with me. I refer specifically to the fact that the analyst's count shows a wave 4 breaching wave 1 Other than that, I agree with the analysis of a pending bearish move. Any comment? http://www.forexcrunch.com/eurusd-pr...wave-analysis/ EURUSD is moving higher for the last few days but on a very low volume and momentum, which is usually an early signal for a trend change. This is clearly evident on RSI with bearish divergence. From an Elliott Wave Perspective...

Hi PT,

wave 1 / wave 4 overlap you find in leading diagonals (relatively rare) (type is most 5-3-5-3-5) and in ending diagonals (3-3-3-3-3)

So the overlap in a C-Wave is no problem.


But for me the structure of the wave does not look convincingly like 3-3-3-3-3

But we will see soon enough :-)
  • #2,583
  • Jul 28, 2013 12:26pm Jul 28, 2013 12:26pm
Quoting infinitus
{quote} Hi PT, wave 1 / wave 4 overlap you find in leading diagonals (relatively rare) (type is most 5-3-5-3-5) and in ending diagonals (3-3-3-3-3) So the overlap in a C-Wave is no problem. But for me the structure of the wave does not look convincingly like 3-3-3-3-3 But we will see soon enough :-)
I think this count (or something similar) makes more sense

What do you think?

Attached Image (click to enlarge)
Click to Enlarge Name: eurusdh1.png Size: 93 KB
Those who say it cannot be done should not interrupt those who are doing it
  • #2,584
  • Jul 28, 2013 2:15pm Jul 28, 2013 2:15pm
Quoting PipTrapper
{quote} I think this count (or something similar) makes more sense What do you think? {image}
forget that first 5 truncated
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #2,585
  • Jul 28, 2013 4:00pm Jul 28, 2013 4:00pm
Quoting Luis Carlos
{quote} forget that first 5 truncated
Can I see your H1 or M30 count?
Those who say it cannot be done should not interrupt those who are doing it
  • #2,586
  • Jul 28, 2013 4:03pm Jul 28, 2013 4:03pm
Quoting PipTrapper
{quote} I think this count (or something similar) makes more sense What do you think? {image}

Hi PT,

every time I do see a truncated 5th, I think that it is not right. I have seen over the years a lot of counts with truncated 5th, but most of them ended invalidated.

But this case here can be special, due to the fact that we saw a 450 pip surge. Maybe the fuel was burned and the result was a truncated.


But then there is the super small B wave down. When we measure from the bottom to thetop of the truncated 5th, then the B wave retraced only 23,8%.

Most zigzags do retrace much deeper. Not to say that it can't be, but here we have now two specialities:

a) truncated 5th
b) only 23,8% retracing wave B


For me, it hasn't the right look.
  • #2,587
  • Jul 28, 2013 4:07pm Jul 28, 2013 4:07pm
Quoting infinitus
{quote} Hi PT, every time I do see a truncated 5th, I think that it is not right. I have seen over the years a lot of counts with truncated 5th, but most of them ended invalidated. But this case here can be special, due to the fact that we saw a 450 pip surge. Maybe the fuel was burned and the result was a truncated. But then there is the super small B wave down. When we measure from the bottom to thetop of the truncated 5th, then the B wave retraced only 23,8%. Most zigzags do retrace much deeper. Not to say that it can't be, but here we have now...
Actually we have 3 specialties..

a) truncated 5th
b) only 23,8% retracing wave B
c) Bernanke flip-flop
Those who say it cannot be done should not interrupt those who are doing it
  • #2,588
  • Jul 28, 2013 4:17pm Jul 28, 2013 4:17pm
Quoting PipTrapper
{quote} Actually we have 3 specialties.. a) truncated 5th b) only 23,8% retracing wave B c) Bernanke flip-flop

hehehe,

maybe we can agree that it will soon enough come down hard


Inserted Video
  • #2,589
  • Jul 28, 2013 4:23pm Jul 28, 2013 4:23pm
or like this:

Inserted Video
  • #2,590
  • Jul 28, 2013 4:26pm Jul 28, 2013 4:26pm
Quoting infinitus
{quote} hehehe, maybe we can agree that it will soon enough come down hard http://www.youtube.com/watch?v=BHQ9pWEG9dE
LOL. I used to do a lot of rock climbing, but I quit 3 years ago after seeing some similar youtube videos.
Beside, my ropes were getting a bit old and didn't want to spend the money to replace them.

My hero Dan Osman. Unfortunately he died on a rope jump. The rope snapped.

Inserted Video
Those who say it cannot be done should not interrupt those who are doing it
  • #2,591
  • Jul 28, 2013 4:27pm Jul 28, 2013 4:27pm
well it might go down hard but we could see it go up first in this way . so it s only where im going to buy or sell a good buy could be at 1.3230 to reach target 1.3340 may be extend it to 1.3380 where a good sell but the main target could still be 1.3480 good luck marcus and all traders in this forume
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdh4.png Size: 28 KB
  • #2,592
  • Jul 28, 2013 4:30pm Jul 28, 2013 4:30pm
Quoting nawafasad1
well it might go down hard but we could see it go up first in this way . so it s only where im going to buy or sell a good buy could be at 1.3230 to reach target 1.3340 may be extend it to 1.3380 where a good sell but the main target could still be 1.3480 good luck marcus and all traders in this forume {image}

Hi Nawafasad,

good to see you around. Nice count you have. With FOMC this week we can certainly get some wide swings. Thanks for sharing :-)
  • #2,593
  • Jul 28, 2013 4:31pm Jul 28, 2013 4:31pm
Quoting PipTrapper
{quote} LOL. I used to do a lot of rock climbing, but I quit 3 years ago after seeing some similar youtube videos. Beside, my ropes were getting a bit old and didn't want to spend the money to replace them.

If you want to spare the ropes, free solo would be the solution

Or the chicken version: bouldering
  • #2,594
  • Jul 28, 2013 4:35pm Jul 28, 2013 4:35pm
Quoting infinitus
{quote} Hi Nawafasad, good to see you around. Nice count you have. With FOMC this week we can certainly get some wide swings. Thanks for sharing :-)
hi there marcus didnt know about this forume i ll be coming here very often keep up the good work
  • #2,595
  • Jul 28, 2013 4:37pm Jul 28, 2013 4:37pm
Quoting infinitus
{quote} If you want to spare the ropes, free solo would be the solution Or the chicken version: bouldering
Well apparently Dan Osman never fell when climbing free solo. He died when he put too much trust in a rope that snapped.
Those who say it cannot be done should not interrupt those who are doing it
  • #2,596
  • Jul 28, 2013 4:40pm Jul 28, 2013 4:40pm
Dan is a legend, will ever be


Sadly, shit happens. But he lived his life


Inserted Video






Quoting PipTrapper
{quote} LOL. I used to do a lot of rock climbing, but I quit 3 years ago after seeing some similar youtube videos. Beside, my ropes were getting a bit old and didn't want to spend the money to replace them. My hero Dan Osman. Unfortunately he died on a rope jump. The rope snapped. http://www.youtube.com/watch?v=8e0yXMa708Y
  • #2,597
  • Jul 28, 2013 11:36pm Jul 28, 2013 11:36pm
Good morning and good trading to all :-)
  • #2,598
  • Jul 29, 2013 12:00am Jul 29, 2013 12:00am
Quoting infinitus
Good morning and good trading to all :-)
Good morning & have a nice week ahead..
  • #2,599
  • Jul 29, 2013 12:07am Jul 29, 2013 12:07am
guten Morgen.

free day now!!!! daily target achieved in eur/jpy.
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpymicrom5.png Size: 31 KB
don't predict direction, but dance with flow of water
  • #2,600
  • Jul 29, 2013 12:15am Jul 29, 2013 12:15am
eur/usd H4
Two scenarios for the euro. With accurate, I hope criterion.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 108 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
7 traders viewing now