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Dragon Riders GBP/JPY

  • #14,941
  • Mar 8, 2016 8:15am Mar 8, 2016 8:15am
i took long in usdjpy at 112.48, my stop loss is 112.38 (-10 pips)
  • #14,942
  • Mar 8, 2016 8:17am Mar 8, 2016 8:17am
Quoting edmun1388
Time : oanda 7:55 hard resistance : 161.359 support : 160.416 * care B trap at 160.42 , ranging zone , best wait break up/down then in ** M30 bear . H4 BAT pattern down {image} I 1st time trade like that , suppose PO buy at 160.416 * I can detect such support or resistance , but scare trade PO at support
I think 160.416 , point i test long
Exits == most important part of your strategy
  • #14,943
  • Mar 8, 2016 9:36am Mar 8, 2016 9:36am
Good target.....i'm starting sells now here at .21.....due to that dealers chart slo sto running along at 34,3,3 on 15M it's giving us a hint....BUT THAT MAY BE A LIE!!!!
it says new math pointing to the downside....I'm good huh!!!! LOL
  • #14,944
  • Mar 8, 2016 9:46am Mar 8, 2016 9:46am
Daily making a lovely candle formation. Maybe this is the tend of the up trend??? Beats me...im flat now
  • #14,945
  • Mar 8, 2016 9:47am Mar 8, 2016 9:47am
I follow above , $0.1/pip
* still in test trade b4 go compound trade
Exits == most important part of your strategy
  • #14,946
  • Edited 10:14am Mar 8, 2016 9:58am | Edited 10:14am
Ya , strength down weak , going close flat M1.
Now I know why , M30 stochastic face up.
* so wait stoch cross down then short
Exits == most important part of your strategy
  • #14,947
  • Mar 8, 2016 10:42am Mar 8, 2016 10:42am
decided to take another shot at the reversal.....got long at 159.95 looking for 161.02. This would be the 1.618 extension from the recent low. it it hits there gonna look for another pullback to maybe 160.3ish. IF it plays out like this im gonna look to add another leg. If not....then im sitting and waiting to see what it decides to do and wait for a break either north or south
  • #14,948
  • Mar 8, 2016 4:41pm Mar 8, 2016 4:41pm
gotta wait 5 minutes to put in a buy....50 pips profit on that one... sometimes 50 is all it gives ya...
  • #14,949
  • Edited 7:47pm Mar 8, 2016 7:31pm | Edited 7:47pm
wave 1 : 162.427 to 160.680
wave 2 : 160.680 to 162.218
wav3 3 162.218 to NOW

yesterday whole night I try many method , at last found a method to detect the start of wave ,
minor resistance : 160.448
major resistance : 160.86

Who have wave targeting mq4/ex4 , please help

** request ***
can someone tell me or show me pdf etc how to use zup 102 .ex4 , i need to learn some.
Exits == most important part of your strategy
  • #14,950
  • Mar 8, 2016 8:03pm Mar 8, 2016 8:03pm
Ah yes....I like....I can see that........
Quoting edmun1388
wave 1 : 162.427 to 160.680 wave 2 : 160.680 to 162.218 wav3 3 162.218 to NOW yesterday whole night I try many method , at last found a method to detect the start of wave , minor resistance : 160.448 major resistance : 160.86 Who have wave targeting mq4/ex4 , please help ** request *** can someone tell me or show me pdf etc how to use zup 102 .ex4 , i need to learn some.
  • #14,951
  • Mar 8, 2016 8:06pm Mar 8, 2016 8:06pm
So far, i still see GJ down for more
Attached Image
  • #14,952
  • Mar 8, 2016 8:32pm Mar 8, 2016 8:32pm
Quoting edmun1388
wave 1 : 162.427 to 160.680 wave 2 : 160.680 to 162.218 wav3 3 162.218 to NOW yesterday whole night I try many method , at last found a method to detect the start of wave , minor resistance : 160.448 major resistance : 160.86 Who have wave targeting mq4/ex4 , please help ** request *** can someone tell me or show me pdf etc how to use zup 102 .ex4 , i need to learn some.
yup...its a ABC/Flat

technically, were supposed to be going up from this area....it remains to be seen. Although there is a possibility that we break the diagonal C in the near future...just sitting on my hands waiting to see if it happens
Attached Image
  • #14,953
  • Mar 8, 2016 8:36pm Mar 8, 2016 8:36pm
Quoting raiders
{quote} yup...its a ABC/Flat technically, were supposed to be going up from this area....it remains to be seen. Although there is a possibility that we break the diagonal C in the near future...just sitting on my hands waiting to see if it happens {image}
please tell me where can I learn wave, i need learn this since now able detect wave 1 & wave 2
Exits == most important part of your strategy
  • #14,954
  • Mar 8, 2016 8:42pm Mar 8, 2016 8:42pm
maybe?
Attached Image (click to enlarge)
Click to Enlarge Name: GJ6.png Size: 145 KB
  • #14,955
  • Mar 8, 2016 8:45pm Mar 8, 2016 8:45pm
wave 3 is down trend , not up !! bro
Exits == most important part of your strategy
  • #14,956
  • Mar 8, 2016 8:49pm Mar 8, 2016 8:49pm
Quoting edmun1388
{quote} please tell me where can I learn wave, i need learn this since now able detect wave 1 & wave 2
Theres books and stuff you can read. I cant count the waves very well. I try to just to try and see where the price is relative to it, but ive found that technically waves arent set in stone and they arent classified as certain waves until the moves are over. if that makes sense. That said I just try and catch either the bounce that breaks the wave or the break of the wave to ride the next swing. I take a few losses here and there but my gains far out weigh the losses since I stack my position. Im no expert in it though. I just connect price to patterns for the most part like putting a puzzle together

I use the RSI to try and count waves also. It helps me to know when certain swings are beginning and ending within the waves or larger patterns.

http://www.amazon.com/Elliott-Wave-P...wave+principle

Thats supposed to be a great book on it.
  • #14,957
  • Mar 8, 2016 8:51pm Mar 8, 2016 8:51pm
Quoting edmun1388
wave 3 is down trend , not up !! bro
larger pattern

According to my count we are finishing wave 4 of the larger wave 4
Attached Image (click to enlarge)
Click to Enlarge Name: GJ4.png Size: 158 KB
  • #14,958
  • Mar 8, 2016 8:54pm Mar 8, 2016 8:54pm
http://proelliottwave.com/free-ellio...nciple-basics/

i use this site a lot for reference on counts,patterns and stuff
  • #14,959
  • Mar 8, 2016 9:03pm Mar 8, 2016 9:03pm
Quoting raiders
http://proelliottwave.com/free-ellio...nciple-basics/ i use this site a lot for reference on counts,patterns and stuff
Tq. bro
Exits == most important part of your strategy
  • #14,960
  • Mar 8, 2016 9:56pm Mar 8, 2016 9:56pm
I think my wave count do save many of you from losses , but I not yet become trader .... small deposit only .. nvm ... will grow it slowly
*try learn wave 1 have 5 small wave . - knowledge is the power
Exits == most important part of your strategy
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