Forex, awful to watch, AWESOME to play
- #17,563
- May 23, 2016 6:38am May 23, 2016 6:38am
- Joined Nov 2009 | Status: Trader | 2,756 Posts
Exits == most important part of your strategy
- #17,566
- Edited 7:39am May 23, 2016 7:02am | Edited 7:39am
- Joined Nov 2009 | Status: Trader | 2,756 Posts
if cant close above ....hehehe
* dash line is only M5 alligator red line , MA only ,never use it as entry
Exits == most important part of your strategy
- #17,569
- May 23, 2016 7:37am May 23, 2016 7:37am
- Joined Nov 2009 | Status: Trader | 2,756 Posts
Exits == most important part of your strategy
- #17,570
- May 23, 2016 7:42am May 23, 2016 7:42am
- Joined Nov 2015 | Status: I'm hungry | 4,034 Posts
[quote=raiders;8938417]I feel real good about this consolidation being wave 4 and if it is then we will finally get that low weve all been waiting on. That said wave 5s are painfully slow but if we dont have a sustained break out of the top side then you can count on this hitting at least 1 pip lower than the 4/7 low. Might need a little help along the way from the S&P(thats sitting on the edge of the cliff right now) but i think its very possible. Good luck and keep a tight SL if you are trading this....Kuroda will not be pleased 
{image}[/quote
Kuroda , I'm not worried at these levels , maybe when usdjpy 105 - 100.
{image}[/quoteKuroda , I'm not worried at these levels , maybe when usdjpy 105 - 100.
- #17,573
- May 23, 2016 7:53am May 23, 2016 7:53am
- Joined Nov 2009 | Status: Trader | 2,756 Posts
Exits == most important part of your strategy
- #17,576
- May 23, 2016 8:49am May 23, 2016 8:49am
- Joined May 2011 | Status: [Forex]X-Ray | 4,835 Posts
- #17,579
- May 23, 2016 9:28am May 23, 2016 9:28am
- Joined Feb 2015 | Status: doing ninja shit | 2,077 Posts
...I feel real good about this consolidation being wave 4 and if it is then we will finally get that low weve all been waiting on. That said wave 5s are painfully slow but if we dont have a sustained break out of the top side then you can count on this hitting at least 1 pip lower than the 4/7 low. Might need a little help along the way from the S&P(thats sitting on the edge of the cliff right now) but i think its very possible. Good luck and keep a tight SL if you are trading this....Kuroda will not be pleased
