We are in a meat grinder now. This sucker will decide its fate on Monday. Happy Weekend All 
- #908,802
- Jul 4, 2014 9:52am Jul 4, 2014 9:52am
- | Membership Revoked | Joined Jul 2012 | 4,197 Posts
{quote} hey buddy, almost 8 hours still move less than 10 pip for up and down, may be next week we will see clear direction 4 july is time for lazy day
"It's the Margin, Stupid."
- #908,803
- Jul 4, 2014 9:57am Jul 4, 2014 9:57am
- Joined Feb 2014 | Status: Trader | 1,796 Posts
{quote} Brilliant! Thanks buddy. Pls. correct me if I'm wrong. I'm not certain of the measurement of the waves yet. If it has completed wave (iii) as I think it has then we may be on a correction to 3610-3620 area? Waiting for your reply thanks again. G
Just like to add that this is GOOD NEWS for all EURUSD traders like yourself and including myself, that since 8th May top, this pair came off a multi-year corrective
triangular pattern, into a more trending impulsive mode, more predictable and trendy for trading from now for years to come. And this decline from 1st July top confirms that we are in a trending and profitable 3rd wave to trade with.
Elliott Wave for optimum entry, exit and risk management of trades
- #908,804
- Jul 4, 2014 10:55am Jul 4, 2014 10:55am
- Joined Jun 2010 | Status: zero | 20,603 Posts
{quote} Hi Infy I have to admit, Italy was not good at all in this world cup, the Germans are good, but will be beaten by the French...... Pippy is Piptrapper.
Deutschland, Deutschlaaaaaaaaaaand
- #908,806
- Jul 4, 2014 1:59pm Jul 4, 2014 1:59pm
{quote} Daily has bearish divergence so the high probability is going down. My projection is side way for some days to break the daily up trendline and then drop down. {image}
- #908,809
- Jul 4, 2014 2:36pm Jul 4, 2014 2:36pm
- | Membership Revoked | Joined Jul 2013 | 4,068 Posts
{quote} Deutschland, Deutschlaaaaaaaaaaand
lol
Forza Germania, forza Germania...
Wherever you go, there you are.
- #908,810
- Edited 3:18pm Jul 4, 2014 3:02pm | Edited 3:18pm
- | Membership Revoked | Joined Jul 2013 | 4,068 Posts
Wherever you go, there you are.
- #908,813
- Jul 4, 2014 5:50pm Jul 4, 2014 5:50pm
- Joined Dec 2012 | Status: On Life's Path | 2,076 Posts
- #908,814
- Jul 4, 2014 6:03pm Jul 4, 2014 6:03pm
{quote} Most Futures brokers offer free demo accounts. Your neighborhood broker (IB) has a free demo account. Unless you're scalping, there's not much difference between forex & futures though. AUD futures = AusUsd JPY futures =UsdJpy (inverse) GBP futures = GbdUsd DXY is the only one that can only be traded with futures.
- #908,815
- Edited 6:23pm Jul 4, 2014 6:07pm | Edited 6:23pm
- Joined Dec 2012 | Status: On Life's Path | 2,076 Posts
{quote} I'm actually not even planning to trade any of them, I just want to to use them to help me track their trends for the pairs you mentioned and a few others. Tried IBFX, doesn't seem to have them on demo.
IBFX is a forex broker so they'll have AU, GU, UJ forex and they have a demo account.
As I showed above, the forex charts are going to be the same as the futures charts so you only need a DXY chart which is available on many websites.
DXY live charts (https://www.tradingview.com/e/?symbol=INDEX%3ADXY)
- #908,817
- Jul 4, 2014 11:59pm Jul 4, 2014 11:59pm
- Joined Jun 2010 | Status: zero | 20,603 Posts
{quote} lol Forza Germania, forza Germania...
when Germany wins the final, I will dedicate my "champions-feelings" to all my fellow Italians
- #908,818
- Jul 5, 2014 12:02am Jul 5, 2014 12:02am
- Joined Jun 2010 | Status: zero | 20,603 Posts
The euro went down as expected, as we share before the BofA Merril analysis that proved right. Now the next target is 1.3500 and 1.33 if brokes. Today the CFTC COT report said that the big players (Non-Commercials traders) added 876 shorts positions and closed 2.397 longs. They are net short @ 113.441 and long @ 52.665. If big boys are short, there are more probabilities they are right, as they usually are. I can't understand how FF traders are net long right now on eurusd. {image} {image}
nice EW count - I do like it very much. It is my alternative count, which I showed in my thread days ago. Not many see the possibility, that this all may just be a multiple 1-2 starting sequence (down)
- #908,819
- Edited 12:59am Jul 5, 2014 12:43am | Edited 12:59am
- | Membership Revoked | Joined Jul 2012 | 4,197 Posts
"It's the Margin, Stupid."
