The Club!

Some Lyrics

If everything in life either provides you with blessings or lessons, you will always profit, even when you lose money.

Viewing life through the lens of blessings and lessons means that you approach the world with a sense of gratitude. There are a number of emotional and health benefits associated with gratitude, but perhaps the greatest benefit is that it promotes resilience. It is through adversity that we stretch our boundaries and discover hidden reserves and talents. As long as we take risks prudently, whether in romance or in markets, losses can become gifts once we seek and uncover their educational value.

Perhaps we don't suffer because of losses; perhaps suffering results from an absence of gratitude. It's the lessons that ultimately bring the blessings.

By Brett Steenbarger, Ph.D. at
http://traderfeed.blogspot.ru/2015/0...n-trading.html

Best,
D.P.

Long EU 275.

Sacked, -10.

GCAD looking for bit more retrace and weakness to short:
http://prntscr.com/8c6i5m

UsdCHF from 0.975 to 1.02. (SNB/USD/EUR).
Buy 0.975

GCAD done, i didnt manage to enter however.
Still holding UCHF long

In UZAR long again, longing, that thing is gona fly with FED hiking or without it.
+100 atm lets see
http://prntscr.com/8ckg6u

Doing experiment how far can i push 100 bucks acc on UZAR-TRY with scaling in (if orders dont get BE SLed).

1 : we are in 4th wave ... 2: or corrective ABC of wave 5 th Extended ?
what is your opinion ?
if 1 i see price above 1.18xx... if 2 !!!!

Only Taylor can put geopolitics showdown so nailed down within just several sentences and true up to point.
http://www.zerohedge.com/news/2015-0...ary-role-syria

Hah.
http://www.zerohedge.com/sites/defau...0909_aapl6.jpg

Anyone Who Believes The COMEX Numbers Is Very Naive (They Are Much Worse!)

We Now Know What Happened At 6:12 AM This Morning

Interesting. Thanks for sharing!

Visualizing China's Mind-Boggling Consumption Of The World's Raw Materials

Infi, happy To See you're back.

sorry for not being here more often at the moment

Lazy Elliotticans count on1h or above

but when in doubt, one has to switch to really small TF to see the structures eventually.

In times like these, where the market is eagerly awaiting a major decision, structure is most of the time not very clear.

Everyone who thinks, that EW is following always strict and IDEALIZED fib-relationships is very wrong in my opinion. Sometimes they will be right, sometimes wrong.

Elliottwave is a game of probability but no game of exact science or mathematics.

Some people talk constantly of a "norm" move. I think they then mean an around 50% retracement. 50% retracements are fairly common in Forex.

But we also see fairly often 38% or 61.8% retracements. Norm moves, too? Ain't they?


The prevalence of certain retracement-amounts is highly dependable of where in the waves they occur. A "norm" move in a wave 2 would be more around 61.8%, a "norm" in wave 4 would be more around 38.2%.

Everyone who is eager to learn about "norm" moves should thoroughly read the work of Swannel, which can be found in the attachments of these thread.

Like no other, he has thoroughly researched the fib-relationships of the waves. When you have read that work, come back and tell me, if we really really really can find norm moves.

In my view, and I think that was the original idea, you can set trades as near as possible at certain levels with tight SL and wait for YOUR norm move to fulfil.

You will be suprised how often you get stopped out, but when right, one runner can care for many stopped out positions.

But again: this norm thing is no exact science or mathematics. It is also only a game of probability and good money management.

And again: no Elliottican should fall for the meme, that waves have to unfold with IDEALIZED wave relationships. If that would be the case, I would hire some good mathematicians and programmers and would reach world domination within one year.



Amen!

This upfront rant had to be, because some people are trampling on my nerves even when I am not so much here LOL



EU

2min TF shows POSSIBLE impulse down:

EU 5min TF

EU 2h TF

EU 2-day TF

nota bene:

wave blue 4 and blue 2 differ very much in time. Not a bad sign normally, because wave 2 and wave 4 have to show difference in structure and time.

But with time passing by, the whole wave down may be prone to losing the right look. So would be nice when we now turn south.


All in all this would be the best fib-ing solution for the whole wave down. When you measure the different subwaves, you will find many very good fib-relationships.

440 B seems good, charts tell me the same atm. 350 as first aim. Currently long from 305, if revisits it will hit BE.