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Oktoberfest Nightclub

  • #7,401
  • Edited 1:47pm Oct 5, 2014 1:34pm | Edited 1:47pm
Quoting Schickeria
{quote} Trading Elliott Wave strategy is very profitable on my view. if you trade elliott waves your should search "valid EW-Pattern formations" which work with fibonacci targets on the PIP long term daily weekly +/- 10 Pips. but some people don't understand fibonacci and how to use it. THE WAY is always 1+1 = is always 2 78.6% + 78.6% = 2x http://www.forexfactory.com/attachme...2&d=1412263224 or 1 +1 = 2 here a example: last week drop to 1.2570 and the way to 1.2634 was a WXY correction we retraced to 78.6% 1.2583...
Hi Schickeria!
Excellent stuff!
Thank's!
FXcube
  • #7,402
  • Oct 5, 2014 1:37pm Oct 5, 2014 1:37pm
Quoting barbones
{quote} and 5 red it s made with only 1 leg? I expect at least 2 extensions abc with a lot of pips inside, The last move of the 5 it s quick and can extend till 1.21 easy. The 5 is missing from this big wave from 1.40. This last move down can be the start. On chart we don t have anymore level to support a reversal
Hi Barbones,

good observation. As you can see on my chart, the target area for wave red 5 of blue 3 may extend lower. If red 1 is equal red 5, the target is round about 2330

Rarely do both wave 3 and 5 extend. In this case they extend both in some higher degrees like Cycle or Supercycle. But that is not the case here.

When a wave 3 extends heavily, we sometimes do see short wave 5's. Even truncated wave 5's are then possible, although I hate this failed or truncated models completely.

I do not like the short wave red 4 at all, because it does not show alternation to wave red 2.

Maybe what I have labeled now as (part of) red 5 of blue 3 is only part of ending diagonal of pink 5 of green 5 of red 3. Also possible is, that we are in a setup, where the red 4 traces out as ABC-flat or complex flat. Implication would be sideways movement for a while.

Sentiment for EUR is very bearish since weeks. For the blue 5 on my chart to develop down, we normally would see a weeklong wave 4 beforehand to alleviate this bearish levels.

Wish you a great start this week and many green pips. Wish the same to all here
  • #7,403
  • Oct 5, 2014 1:43pm Oct 5, 2014 1:43pm
Quoting infinitus
{quote} Hi Forexcube, weißt Du doch - ich trade hauptsächlich supply and demand - EW ist dabei ein Hilfsmittel von vielen. To trade only based on EW is a bad advice. When you get a turning point near the top or bottom, and your wave count is right, you can earn a lot of money in an impulsive move. But for me, the tricky part of EW is to earn money in complex corrections.I think that are the places where most of the Elliotticans lose money. Remember my call of a bottom in UJ a few years ago. I was able to ride it up to the 105 area. I made a lot...
Hello Infinitus,
supply & demand sind's auch bei mir in Verbindung mit fibs & pivotals & the cci at different time frames.
Ich verwende oftmals dazu verschiedene Risikobewertungen.
Die E-Waves finde ich ansprechend aber für meinen aktuell eher mittelmässigem Kenntnisstand (u. nochmehr Bücher bringenen da einem nicht mehr weiter) noch allzu interpretationsbedürftig (u. auf USDIND höchst fragwürdig) - und das heisst je nach praktischen Erfahrungswert (2J., 5J., 10J. >) sehr individuell.
Habe eure Diskussionen nun jahrelang verfolgt.
Da du (& Schickeria) bei den E-Waves das qualifizierteste "corpus rationale" aufweist (die Meister seit) wollte ich euch mal anfragen.
Thank's.
FXcube
  • #7,404
  • Oct 5, 2014 1:56pm Oct 5, 2014 1:56pm
Quoting infinitus
{quote} Hi Forexcube, weißt Du doch - ich trade hauptsächlich supply and demand - EW ist dabei ein Hilfsmittel von vielen.... Then again you can not directly compare Schickeria and me, because Schickeria is a daytrader, whereas I am a longer term trader when it comes to EW...
ja das meinte ich mit
"...wenn jeder von euch aus den individuellen Interpretationswerten die waves tradet?"
Best wishes from Switzerland!
FXcube
  • #7,405
  • Oct 5, 2014 2:00pm Oct 5, 2014 2:00pm
Quoting infinitus
{quote} Hi Forexcube, ... Last but not least: I have a full time job. I have completely other goals than full-time trader. My job gives me all the money I need and more. Also I have fairly huge account size - so I do not need excessive risk to have a good relationship between time spent with trading and income return.
Hoho!
Who do that?, ...full time job daytrader? I don't think so!
FXcube

(50% income tax is more to deliver than 25% of tax on capital).
  • #7,406
  • Oct 5, 2014 2:09pm Oct 5, 2014 2:09pm
Quoting Forexcube
{quote} Hello Infinitus, supply & demand sind's auch bei mir in Verbindung mit fibs & pivotals & the cci at different time frames. Ich verwende oftmals dazu verschiedene Risikobewertungen. Die E-Waves finde ich ansprechend aber für meinen aktuell eher mittelmässigem Kenntnisstand (u. nochmehr Bücher bringenen da einem nicht mehr weiter) noch allzu interpretationsbedürftig (u. auf USDIND höchst fragwürdig) - und das heisst je nach praktischen Erfahrungswert (2J., 5J., 10J. >) sehr individuell. Habe eure Diskussionen nun jahrelang verfolgt. Da...



Ich trage mir schon mal Vaseline auf die Nase auf, damit ich die mir nicht an der Decke wund scheuere


USDIND -muß mal schauen, ob man da was EW-technisch machen kann
  • #7,407
  • Oct 5, 2014 2:12pm Oct 5, 2014 2:12pm
Attached Image
  • #7,408
  • Oct 5, 2014 2:12pm Oct 5, 2014 2:12pm
Quoting infinitus
{quote} Ich trage mir schon mal Vaseline auf die Nase auf, damit ich die mir nicht an der Decke wund scheuere USDIND -muß mal schauen, ob man da was EW-technisch machen kann

Oh danke, ...
FXcube
  • #7,409
  • Oct 5, 2014 2:12pm Oct 5, 2014 2:12pm
Quoting Schickeria
{image}
#7'407

"Schwein gehabt!"
FXcube
  • #7,410
  • Oct 5, 2014 2:15pm Oct 5, 2014 2:15pm
Quoting Forexcube
{quote} Hoho! Who do that?, ...full time job daytrader? I don't think so! FXcube (50% income tax is more to deliver than 25% of tax on capital).

That is the point:

many here in FF think that they have to go for 1% or so a day.

In return most of them do overleverage or overtrade.


Much easier is, if able, to go with big account and keep the leverage and the daily goal small.

If 1% a day would be so easy, the big banks would do nothing else. Do they?
  • #7,411
  • Oct 5, 2014 2:26pm Oct 5, 2014 2:26pm
Quoting infinitus
{quote} That is the point: many here in FF think that they have to go for 1% or so a day. In return most of them do overleverage or overtrade. Much easier is, if able, to go with big account and keep the leverage and the daily goal small. If 1% a day would be so easy, the big banks would do nothing else. Do they?
Oh I see!
my sentiments exactly!
FXcube
  • #7,412
  • Oct 5, 2014 2:28pm Oct 5, 2014 2:28pm
Quoting Schickeria
{image}

The zebra crossing has 14 stripes.

The car missed him at stripe 5 (nearly 38% retracement)

The lorry hit him at stripe 6 (nearly 43% retracement - we are generous and say 50% retracement)

The biker was clearly in a wave 4 of his life. Wave 4's will retrace most of the time 38-50%.

  • #7,413
  • Oct 5, 2014 2:35pm Oct 5, 2014 2:35pm
Quoting infinitus
{quote} The zebra crossing has 14 stripes. The car missed him at stripe 5 (nearly 38% retracement) The lorry hit him at stripe 6 (nearly 43% retracement - we are generous and say 50% retracement) The biker was clearly in a wave 4 of his life. Wave 4's will retrace most of the time 38-50%.
  • #7,414
  • Oct 5, 2014 2:40pm Oct 5, 2014 2:40pm
Quoting Schickeria
{quote} reuters has 1.3992
yearly high on reuters 1.3992
Attached Image
  • #7,415
  • Oct 5, 2014 2:46pm Oct 5, 2014 2:46pm
possible ew count from 1.3992
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  • #7,416
  • Oct 5, 2014 2:52pm Oct 5, 2014 2:52pm
Quoting Forexcube
{quote} Hello Infinitus, supply & demand sind's auch bei mir in Verbindung mit fibs & pivotals & the cci at different time frames. Ich verwende oftmals dazu verschiedene Risikobewertungen. Die E-Waves finde ich ansprechend aber für meinen aktuell eher mittelmässigem Kenntnisstand (u. nochmehr Bücher bringenen da einem nicht mehr weiter) noch allzu interpretationsbedürftig (u. auf USDIND höchst fragwürdig) - und das heisst je nach praktischen Erfahrungswert (2J., 5J., 10J. >) sehr individuell. Habe eure Diskussionen nun jahrelang verfolgt. Da du...
meinst Du USD/INR ???
  • #7,417
  • Oct 5, 2014 3:03pm Oct 5, 2014 3:03pm
Quoting Schickeria
{quote} yearly high on reuters 1.3992 {image}
what is your low from friday ????

1.2499 reuters
  • #7,418
  • Oct 5, 2014 3:10pm Oct 5, 2014 3:10pm
Quoting Schickeria
{quote} what is your low from friday ???? 1.2499 reuters
fxcm uk
1.24996
Wooooohooooo or Boooooohooooo
  • #7,419
  • Oct 5, 2014 3:21pm Oct 5, 2014 3:21pm
Quoting Schickeria
{quote} what is your low from friday ???? 1.2499 reuters
25005 on Dukas

2501 on Bloomberg
  • #7,420
  • Oct 5, 2014 3:28pm Oct 5, 2014 3:28pm
EU
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