- #16,043
- Edited 8:55am Sep 13, 2014 6:07am | Edited 8:55am
- Joined Dec 2013 | Status: Trader | 2,141 Posts
Hello to The Club! Reasons why can the pair at least bounce and why I think it can be even a long term trend change: -Bollinger -CCI (14) -Stochastic (8,3,3) -Last bullish channels on higher time frames (this is stupid, there are more, but last near bullish channels) + a very strong bull signal on weekly time frame in one of my favourite system (Note: new low would not invalidate the signal, but it's dangerous to not respect the low, because this signal works with ~70% probability - so we have 30% to fail big) So I'm thinking on further buy at least...
The weekly signal I was talking about:
See the Dracula teeth on the very left side on my lovely 'Diablo indi'? And see the Dracula teeth finished this week?
And also noted the right teeth is longer, than the left? (and the longer teeth connects to a bull candle!)
So spooky!!
f(z)=z2+c
- #16,045
- Sep 13, 2014 7:17am Sep 13, 2014 7:17am
- | Joined Jun 2013 | Status: Trader | 1,144 Posts
{quote} Hello to The Club! The weekly signal I was talking about: See the Dracula teeth on the very left side on my lovely 'Diablo indi'? And see the Dracula teeth finished this week?
Hi Hathor,
Maybe its because Dracula need more blood...
Cheers.
- #16,046
- Sep 13, 2014 9:09am Sep 13, 2014 9:09am
- Joined Dec 2013 | Status: Trader | 2,141 Posts
{quote} Hi Hathor, Maybe its because Dracula need more blood...
Yes, there is a chance...
Dracula Bear is drinking blood since ~26 weeks from now, while Dracula Bull was starving...but after his teeth has came into action, he might be pretty thirsty.
Very important:
- 30% of the signal fails. (But short sentiment in forums keep me believe it is the 70%...)
Also important:
- this signal tells nothing about the distance...can go till hours from opening (<week) or until Dracula Bear get thirsty again (weeks)
So the smart move is to
- use reasonable SL under the entry
- set SL to entry+comission
- use trailing SL
In three word: defend your account
Will be an interesting week.
f(z)=z2+c
- #16,049
- Sep 13, 2014 12:52pm Sep 13, 2014 12:52pm
- | Additional Username | Joined Apr 2014 | 1,220 Posts
My Best Trade is Next Trade!
- #16,050
- Sep 13, 2014 12:59pm Sep 13, 2014 12:59pm
- | Additional Username | Joined Apr 2014 | 1,220 Posts
My Best Trade is Next Trade!
- #16,052
- Sep 14, 2014 6:13am Sep 14, 2014 6:13am
- Joined Dec 2013 | Status: Trader | 2,141 Posts
{quote} Hello to The Club! The weekly signal I was talking about: See the Dracula teeth on the very left side on my lovely 'Diablo indi'? And see the Dracula teeth finished this week?
Note: the actual bottom has strong signal, but of course can fail too (hope the facts speak to themselves).
Strong signal can be a 'strong' fail.
(I mean it on weekly time frame, because on daily it's already closed in green)
f(z)=z2+c
- #16,053
- Edited 1:58pm Sep 14, 2014 8:16am | Edited 1:58pm
- Joined Nov 2012 | Status: Trader | 12,211 Posts
{quote} EurUsd Daily time frame: Note: the actual bottom has strong signal, but of course can fail too (hope the facts speak to themselves). Strong signal can be a 'strong' fail.
http://prntscr.com/4mq3sn
Some nice trade there on gas , 50%. I noticed some brokers allow natural gas trading in MT4, saw from some youtube trader.
http://prntscr.com/4mtt3i
- #16,056
- Sep 14, 2014 5:39pm Sep 14, 2014 5:39pm
- Joined Jul 2010 | Status: Trader | 1,407 Posts
H4 then (Sep 09)
and now:
Friday brought confirmation of a bullish Tenkan Kijun cross on H4 (above chart), ending a short signal of 430pips. Resistance from levels as per chart and from bottom of kumo (highlighted in amber). I would interpret the channel a bit wider than fini did on previous page.
30055 is the level of Kijun sen on H4 and also of Tenkan sen on D1. D1 remains short and counting at 700 pips, see below:
and now:
Friday brought confirmation of a bullish Tenkan Kijun cross on H4 (above chart), ending a short signal of 430pips. Resistance from levels as per chart and from bottom of kumo (highlighted in amber). I would interpret the channel a bit wider than fini did on previous page.
30055 is the level of Kijun sen on H4 and also of Tenkan sen on D1. D1 remains short and counting at 700 pips, see below:
- #16,057
- Sep 14, 2014 5:54pm Sep 14, 2014 5:54pm
- Joined Jun 2010 | Status: zero | 20,603 Posts
{quote} ohne scheiß wo ist dann dein target bei 161,8% nach 10 elliotts wave down mit wave 3. Was ist dann dein entgültiges target ohne schöncounting ?
Wer hat Dir bloß eingetrichtert, dass jede wave 3 oder wave C bei 161,8% endet?
Wenn es nur so einfach wäre, hätte ich mir schon die ganze Schweiz gekauft LOL
As I have stated since ever, targets are below of 1.18, ideally 1,12-1,14, parity, or extended in the 0,84 range finally (for the complete sequence down)
On the following chart the red marked extensions are high probability target areas for this wave 3
But as I have stated in one of my previous postings:
we have to look now for invalidations of my count, because the waves down are open to multiple interpretations.
Euro bulls are around 7% or so now, so there might be a temporary setback (up) in the cards. Over 3110 and my count is invalidated and the red wave 3 may be finished.
Above 3333, and the blue wave 3 might already be finished. In this case, which would suck momentum wise, I would tend to label the whole movement down since the 399x high as ABC
- #16,059
- Sep 15, 2014 1:40am Sep 15, 2014 1:40am
- Joined Feb 2014 | Status: Trader | 1,796 Posts
Daneric on UDX https://4.bp.blogspot.com/-ONUGHE6wO...600/dollar.png
Interestingly, the present advance of UDX from 1st July low is only half way through in the middle of an extended wave 3.
Elliott Wave for optimum entry, exit and risk management of trades