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  • #1,072,621
  • Jul 24, 2016 7:07am Jul 24, 2016 7:07am
Looking ahead to what the week brings. Bullish on the short-term.
  • #1,072,622
  • Edited 8:01am Jul 24, 2016 7:42am | Edited 8:01am
Whichever comes first, Will sell 1.1000 (may start selling light at 0990) Or buy the 1.0991.. target is the opposite side.

I don't find it very encouraging at the moment to perform analysis for long term trades when we are in a very liquid situation.

EDIT: Or buy the 1.0910
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #1,072,623
  • Jul 24, 2016 9:18am Jul 24, 2016 9:18am
800 pips up and 800 pips down...16 months of range and this "game" still working...

Now i understand why my ea and indicators said "DON'T OPEN TRADE EURUSD - 2015 -" HIGH RISK.
  • #1,072,624
  • Edited 10:28am Jul 24, 2016 9:31am | Edited 10:28am
Quoting MarkoTrd
800 pips up and 800 pips down...16 months of range and this "game" still working... Now i understand why my ea and indicators said "DON'T OPEN TRADE EURUSD - 2015 -" HIGH RISK.
So you mean your system doesn't find profit in 800 pips??!

EDIT: I think I was rude with my comment and I really apologize. What I really should be saying that as an advise you should find a system that would make you profit in a 800 pips up or down!
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #1,072,625
  • Jul 24, 2016 9:15pm Jul 24, 2016 9:15pm
Hey look at this broker they offer unlimited leverage? ?? What is that mean :/

www.exness.asia
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  • #1,072,626
  • Jul 24, 2016 9:30pm Jul 24, 2016 9:30pm
Good Morning !

Today's SR levels on MT4 Templates for EURO, CABLE, DAX, USDJPY & EURGBP
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #1,072,627
  • Jul 24, 2016 9:58pm Jul 24, 2016 9:58pm
Quoting Soroushno
Hey look at this broker they offer unlimited leverage? ?? What is that mean :/ www.exness.asia {image}
That they offer unlimited leverage, easy
  • #1,072,628
  • Jul 24, 2016 10:10pm Jul 24, 2016 10:10pm
Quoting Soroushno
Hey look at this broker they offer unlimited leverage? ?? What is that mean :/ www.exness.asia {image}
I have an account in exness. It mean no leverage. You can use your equity as much you have
  • #1,072,629
  • Edited 11:05pm Jul 24, 2016 10:23pm | Edited 11:05pm
- the correction may continue for a while
- after swinging between Fibo levels, due to the bearish channel shaping there, it's look like is going deep
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Member
  • #1,072,630
  • Jul 24, 2016 11:20pm Jul 24, 2016 11:20pm
The EUR/USD is trading at support at 1.0970. If this level is broken we might see an attempt of Bears to go to 1.0900. On the other hand, it 1.0970 is a successful support Bulls might attempt to break above first resistance at 1.1035.
  • #1,072,631
  • Jul 24, 2016 11:23pm Jul 24, 2016 11:23pm
Inserted Video
  • #1,072,632
  • Jul 25, 2016 12:19am Jul 25, 2016 12:19am
Quoting wallstreetd
eurusd Elliott count{image}
Hello, I do not think that your view is correct.
By the theory http://stockcharts.com/school/doku.p...tt_wave_theory

Rule 1: Wave 2 cannot retrace more than 100% of Wave 1.

Rule 2: Wave 3 can never be the shortest of the three impulse waves.

Rule 3: Wave 4 can never overlap Wave 1.


Your wave 3 is not correct

  • #1,072,633
  • Jul 25, 2016 12:26am Jul 25, 2016 12:26am
Funny theories, Elliot waves? If I made a contest of the best traders of the world with their Elliot wave charts I am sure that I get 10 differents results
  • #1,072,634
  • Jul 25, 2016 12:38am Jul 25, 2016 12:38am
Quoting Devart
{quote} Hello, I do not think that your view is correct. By the theory http://stockcharts.com/school/doku.p...tt_wave_theory Rule 1: Wave 2 cannot retrace more than 100% of Wave 1. Rule 2: Wave 3 can never be the shortest of the three impulse waves. Rule 3: Wave 4 can never overlap Wave 1. Your wave 3 is not correct
Great post , very educational. Never took interest in Elliott Wave Theory until now.
  • #1,072,635
  • Jul 25, 2016 12:55am Jul 25, 2016 12:55am
Quoting mikjurado1
Funny theories, Elliot waves? If I made a contest of the best traders of the world with their Elliot wave charts I am sure that I get 10 differents results
True story lol
  • #1,072,636
  • Jul 25, 2016 1:01am Jul 25, 2016 1:01am
Quoting Jonstaples
{quote} Great post , very educational. Never took interest in Elliott Wave Theory until now.
Thank you.
By the way, I studied Elliot for several years and my conclusion is that is not so good for trading most at all because there are a huge quantity of different possibilities.
As another trader said few post ago everyone gets different results mainly because it depends on our view...it is not objective.
Personally I use it only of very long period (months/years) in order to see the trend.
  • #1,072,637
  • Jul 25, 2016 1:08am Jul 25, 2016 1:08am
German IFO and ZEW better than expected.

Does anybody buy this euro from this level?
  • #1,072,638
  • Jul 25, 2016 1:09am Jul 25, 2016 1:09am
Germany better then expected might be rebounce now
Happy trading
  • #1,072,639
  • Jul 25, 2016 1:11am Jul 25, 2016 1:11am
I suppose we are in a rectangle in a gartley bull.

TP 1.1017 (buy order)
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  • #1,072,640
  • Jul 25, 2016 1:17am Jul 25, 2016 1:17am
Quoting Devart
I suppose we are in a rectangle in a gartley bull. TP 1.1017 (buy order) {image} {image} {image}
I stay out untill Wednesday.

To dangerous with those spikes.
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