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  • #837,821
  • Sep 25, 2013 3:02am Sep 25, 2013 3:02am
Quoting ali-bhai
{quote} btw in Ew term wave 3 can be shorter than wave 5, if wave 3 is not extended wave 5 should be extended good luck the way i count waves are not 5,s and 3.s i count them as 7,s or 9,s with corrective 5,s or 7,s and in rare cases motives waves can extend into 13 waves with corrective 9 or 11 waves {image}
Yes correct, but it can't be the shortest, eg from both 1 and 5. Anyway, you have your own wave approach, which is interesting. Read more of your posts - good work thus far, keep it up . Also, great entry (3465) the last one, especially should it become the intermediate extreme for now.. we'll see.

Speaking of the market overall, to me it's phase shifting... from the fade-my-extremes, rangebound, back-n-forth, to a completely different animal. That's why I also favor a scenario pointing towards 1.38+ at min.. at the moment, it has the dominant odds for what PA's showing off, in any higher TF.

Like your work, good stuff.
Patience, persistence and probabilities.
  • #837,822
  • Sep 25, 2013 3:02am Sep 25, 2013 3:02am
Quoting ali-bhai
{quote} now i have a clear cut s/l at 3450, tomorrow may be surprising day for some(like me) if stopped out or most(all the others) if they see 180p/200p move, asia session might take out low with in next 3/4 hrs but should not more than 2p/3p this post is for educational purposes only good luck

asian session did take the yesterday's low by 2p/3p

good luck!
  • #837,823
  • Sep 25, 2013 3:04am Sep 25, 2013 3:04am
bbl
  • #837,824
  • Sep 25, 2013 3:05am Sep 25, 2013 3:05am
For me market is still short, I am short and will keep adding if it goes up.
I have short @ 1.3477, next one will be around 1.3520, if it continues to raise next one will be around 1.3555-65.
I am usually a sell-persuaded individual, I feel like selling. Of course if I see course will drastically change I will get out at BE or as min as possible loss.
Of course I hope that my mind is in the right direction for the moment.
  • #837,825
  • Sep 25, 2013 3:27am Sep 25, 2013 3:27am
Why this thread is suddenly so quite?
  • #837,826
  • Sep 25, 2013 3:28am Sep 25, 2013 3:28am
Quoting Magicmen
Why this thread is suddenly so quite?
bc the market isnt doing much
  • #837,827
  • Sep 25, 2013 3:31am Sep 25, 2013 3:31am
Take a look at GU, nothing significant between 65 to 95. Fast 30 pips if 1.6 rejected.
  • #837,828
  • Sep 25, 2013 3:36am Sep 25, 2013 3:36am
UC is starting to try start motor of sccooter
If you are new to Forex? Say Goodbye to your account!!
  • #837,829
  • Sep 25, 2013 3:44am Sep 25, 2013 3:44am
Quoting kuroro001
PA is killing me, give us some descent setups! Still bullish bias for 1,3650/60 For pattern traders, is H4 a bull flag ?
Morning Kuroro,

for my 2 cents worth, looks like a 4H bull flag to me..
..and i'm in a small short currently..lol
  • #837,830
  • Sep 25, 2013 3:49am Sep 25, 2013 3:49am
Quoting KiwiTrada
UC is starting to try start motor of sccooter
counting on a Kawasaki
Don't be a hero. Don't have an ego. Always question yourself
  • #837,831
  • Sep 25, 2013 3:52am Sep 25, 2013 3:52am
Quoting LarryDarrell
Well, that was posted when it was just 8:5. I don't buy into these conspicary theories. I agree, this couldn't have been better if it was scripted, but if you look at what's on the line for both teams and sponsors I don't believe anyone would throw away races. No, it's just incredible exciting and good advertisment for the sport.
Nope very very bad advertising for sport,

As for conspiracy theory, like forex PA, like broker," it is what it is" do you believe Forex is an even playing field, do you believe your friendly broker will not screw you if he can, come on, this race is a business not sport, most sport and sports teams are now "owned" "commodities" to be bought and sold whenever the price is right,
Sportsmanship has no place in business

This forum is "generally" as far from the true ethics of Forex Trading as possible, remember it is a zero sum game, 1 has to lose for another to win, in other words every time you pull the trigger you are trading "against" every other trader out there, including every one on this forum, its a dog eat dog business,

And yet other than the scammers and holy rail sellers, there are always people on here trying to help other not make stupid mistakes, most likely one they have already done themselves before, actually trying to help "opponents" its why I have stay here for so long, its not normal
If you are new to Forex? Say Goodbye to your account!!
  • #837,832
  • Sep 25, 2013 3:55am Sep 25, 2013 3:55am
price on resistance level 2. 1h bar ends in minutes. if price breaks resistance 2 ill re enter long. if not i go short
  • #837,833
  • Sep 25, 2013 3:56am Sep 25, 2013 3:56am
Quoting 2012mysterio
{quote} Morning Kuroro, for my 2 cents worth, looks like a 4H bull flag to me.. ..and i'm in a small short currently..lol
From my side, the bullish flag has been dismissed. The reason is that she already formed support around 3518 and broke that resistance, and we haven't reach a checkpoint below. So we still in short term bearish. 3514 is near, we have strong rejection before. It might serve as an short area if the condition is right. And not much resistance below straight to 3466.
  • #837,834
  • Sep 25, 2013 3:59am Sep 25, 2013 3:59am
Quoting USD-Bear
{quote} counting on a Kawasaki
hahahaha no I am brit lover "Norton" all the way

aussie going now, kiwi should could follow she has a tougher support, but UC has just cranked over with a sputter
I posted possible cup and handle on 4hr but now shes looking like inverted H&S with short term fence @ not this but last weekend "missing Data" possably in this drive, o maybe one more dip to complete right shoulder (actually looks completed) but will have to see

ps aussie has just completed the fade of last wed pop
If you are new to Forex? Say Goodbye to your account!!
  • #837,835
  • Edited 4:18am Sep 25, 2013 4:04am | Edited 4:18am
price on resistance. traders went short, confident . brokers went long then price went up. brokers for the kill. ill wait for 2nd candle
  • #837,836
  • Sep 25, 2013 4:08am Sep 25, 2013 4:08am
I have pending short at. 1.35100. Lets see, if price goes there.
Stop going for the easy buck
  • #837,837
  • Sep 25, 2013 4:17am Sep 25, 2013 4:17am
Wyckoff method perspective on 4 hour chart update. Last bar the market reacted from a support area now needs follow thru.
Attached Image (click to enlarge)
Click to Enlarge Name: 2013-09-25-wyckoff-method-forex-eur-usd-4-hour-chart.png Size: 38 KB
  • #837,838
  • Sep 25, 2013 4:20am Sep 25, 2013 4:20am
Quoting egymedo
EU up now

Now is Now
  • #837,839
  • Sep 25, 2013 4:24am Sep 25, 2013 4:24am
testing. ill wait for nest candle if movement is like this
  • #837,840
  • Sep 25, 2013 4:24am Sep 25, 2013 4:24am
A big move is due now. Almost 80 pip range after betnanke. Its 5 days now. usd/ chf is formimg base arnd 0.9100 area.
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