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  • #1,073,721
  • Aug 11, 2016 1:09pm Aug 11, 2016 1:09pm
Quoting pytaz
{quote} I think it will happen, except market hits 1.1137, it means correction still on
Well i get rushed at closing sell
  • #1,073,722
  • Aug 11, 2016 1:18pm Aug 11, 2016 1:18pm
Quoting pytaz
{quote} Why didn't u wait untill your tp hit about 1.119xx? thinking about reversal again?
Because it got to 1.1181 and went down.
  • #1,073,723
  • Aug 11, 2016 1:47pm Aug 11, 2016 1:47pm
Quoting Techanalyst
{quote} Because it got to 1.1181 and went down.
I hope it back 1.1170
  • #1,073,724
  • Aug 11, 2016 1:58pm Aug 11, 2016 1:58pm
Macy's is closing another 100 stores


Economy is rocking my ass Obama
Back from the dead * ding fries are done *
  • #1,073,725
  • Aug 11, 2016 2:33pm Aug 11, 2016 2:33pm
Quoting Soroushno
{quote} I hope it back 1.1170
Now for me almost all clear, now correction could be over, it means, u are safe u gonna get money from that one trade, but there are something, if market hits todays low 1.11348, correction still on which can finish anywhere in range 1.1070-1.1130.. If u have enough money to survive that, be patient u'll get paid for it tommorow or next week
(It's not an advise, use your own head..)
  • #1,073,726
  • Aug 11, 2016 2:43pm Aug 11, 2016 2:43pm
Quoting pytaz
{quote} Now for me almost all clear, now correction could be over, it means, u are safe u gonna get money from that one trade, but there are something, if market hits todays low 1.11348, correction still on which can finish anywhere in range 1.1070-1.1130.. If u have enough money to survive that, be patient u'll get paid for it tommorow or next week
Tnx
I would be safe probably

I wait until tomorrow morning if it didn't happen Perhaps better to no make risk and open an other sell over 1.1150?!
  • #1,073,727
  • Aug 11, 2016 3:10pm Aug 11, 2016 3:10pm
Quoting Soroushno
{quote} Tnx I would be safe probably I wait until tomorrow morning if it didn't happen Perhaps better to no make risk and open an other sell over 1.1150?!
Dont forget its only my opinion, and i just saying what i am seeing right now, but sometimes i can be wrong, like all of us i wouldn't do that, better place sell order lower today's low about 1.1134
(It's not an advise, use your own head..)
  • #1,073,728
  • Edited 4:19pm Aug 11, 2016 3:37pm | Edited 4:19pm
Quoting pytaz
{quote} Now for me almost all clear, now correction could be over, it means, u are safe u gonna get money from that one trade, but there are something, if market hits todays low 1.11348, correction still on which can finish anywhere in range 1.1070-1.1130.. If u have enough money to survive that, be patient u'll get paid for it tommorow or next week
Actually it's funny how different people read the charts different.
You see a correction....and I see an impulse...and visa versa.....

I think we now saw the wave ii (retracement) I searched for that the last days.... in my view it means there is a possibility that we can go lower from that point... I estimated the coming moves as follows (ofcourse with the information we have now)
wave iii: +/- 1,1049
wave iv: retracement 9,02 to 14,6% around +/- 20pips
wave v: +/- 1,1006-1,0973
After that we must search for a wave b/iii in the major count

But if we come above the 1,1192 then my wave ii (for now this was an abc, if higher we must look for a double instead a zigzag....) isn't correct and must be a little higher but below 1,1233. If above 1,1233 I have to review my HEW-count!
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You can manage risk, but you can't manage the return
  • #1,073,729
  • Aug 11, 2016 4:19pm Aug 11, 2016 4:19pm
Quoting HappyMe
{quote} Actually it's funny how different people read the charts different. You see a correction....and I see an impulse...and visa versa..... I think we now saw the wave ii (retracement) I searched for that the last days.... in my view it means there is a possibility that we can go lower from that point... I estimated the coming moves as follows (ofcourse with the information we have now) wave iii: +/- 1,1049 wave iv: retracement 9,02 to 14,6% around +/- 20pips wave v: +/- 1,1006-1,0973 After that we must search for a wave b/iii in the...
yes, right now i see a correction here: today's low (1.1191-1.1135) wave A, wave B (1.1135-1.1182) and now 1.1182-1.1xxx wave C.. I think we still should hit 1.1233 (possible next week).. If market hits 1.1069 my count is collapsing too...
(It's not an advise, use your own head..)
  • #1,073,730
  • Aug 11, 2016 4:24pm Aug 11, 2016 4:24pm
Quoting HappyMe
{quote} Actually it's funny how different people read the charts different. You see a correction....and I see an impulse...and visa versa..... I think we now saw the wave ii (retracement) I searched for that the last days.... in my view it means there is a possibility that we can go lower from that point... I estimated the coming moves as follows (ofcourse with the information we have now) wave iii: +/- 1,1049 wave iv: retracement 9,02 to 14,6% around +/- 20pips wave v: +/- 1,1006-1,0973 After that we must search for a wave b/iii in the...
still cann't understand why your impulsive wave is from three waves (A-B-C) and not from fives (1-2-3-4-5)?
(It's not an advise, use your own head..)
  • #1,073,731
  • Aug 11, 2016 4:35pm Aug 11, 2016 4:35pm
Quoting pytaz
{quote} still can't understand why your impulsive wave is from three waves (A-B-C) and not from fives (1-2-3-4-5)?
According to HEW and HappyMe's HEW count, we are ending an impulsive move the move ended at the top where the orange (c) is [wave 5 of the bullish impulse]. Then the wave he marked as impulse-correction-impulse are the ABC consolidation of the complete 12345 bullish waves. A the end where the pink (c) is where (according to his analysis and count) you find wave 1 of the new wave which is bearish according to his analysis.

In conclusion, the ABC you are asking about are the consolidation waves of the overall wave. Also, HappyMe is a fine analyst and trader and I take his work in to consideration all the time
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #1,073,732
  • Aug 11, 2016 4:39pm Aug 11, 2016 4:39pm
Banks were expecting a move to 1.12, they are turning less optimistic as we speak because of tough resistance. I agree, unless tomorrow's news is significant this will stay ranging into a slow downtrend
  • #1,073,733
  • Aug 11, 2016 5:04pm Aug 11, 2016 5:04pm
Quoting pytaz
{quote} still cann't understand why your impulsive wave is from three waves (A-B-C) and not from fives (1-2-3-4-5)?
Well I think that is why you following the standard Elliott Wave (EW) and I following Harmonic Elliott Wave (HEW). The difference between is a reorganisation in the elliott wave structure. With that there are eg no failed fifths anymore and no extended waves anymore. With that there are retracements and projections we can estimate some waves very accurate(!) and with that we know what to expect in a way...if it goes different we know we are wrong with our count. Ian is explaining the difference between both at a very good way in one of his video's (
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You can manage risk, but you can't manage the return
  • #1,073,734
  • Aug 11, 2016 6:09pm Aug 11, 2016 6:09pm
Quoting HappyMe
{quote} Well I think that is why you following the standard Elliott Wave (EW) and I following Harmonic Elliott Wave (HEW). The difference between is a reorganisation in the elliott wave structure. With that there are eg no failed fifths anymore and no extended waves anymore. With that there are retracements and projections we can estimate some waves very accurate(!) and with that we know what to expect in a way...if it goes different we know we are wrong with our count. Ian is explaining difference between...
thx, i will necessarily gonna watch it
(It's not an advise, use your own head..)
  • #1,073,735
  • Aug 11, 2016 6:15pm Aug 11, 2016 6:15pm
Quoting HappyMe
{quote} Well I think that is why you following the standard Elliott Wave (EW) and I following Harmonic Elliott Wave (HEW). The difference between is a reorganisation in the elliott wave structure. With that there are eg no failed fifths anymore and no extended waves anymore. With that there are retracements and projections we can estimate some waves very accurate(!) and with that we know what to expect in a way...if it goes different we know we are wrong with our count. Ian is explaining the difference between both at a very good way in one of his...

Your mentorship in HEW is growing I guess
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #1,073,736
  • Aug 11, 2016 6:29pm Aug 11, 2016 6:29pm
Quoting HappyMe
{quote} Actually it's funny how different people read the charts different. You see a correction....and I see an impulse...and visa versa..... I think we now saw the wave ii (retracement) I searched for that the last days.... in my view it means there is a possibility that we can go lower from that point... I estimated the coming moves as follows (ofcourse with the information we have now) wave iii: +/- 1,1049 wave iv: retracement 9,02 to 14,6% around +/- 20pips wave v: +/- 1,1006-1,0973 After that we must search for a wave b/iii in the...
Well my friend.. Combining both our views, I think wave ii may go a bit higher and estimating max 1210.. That will fit the count right?..

NOTE: I will PM you now.. Need to suggest something..
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #1,073,737
  • Aug 11, 2016 6:48pm Aug 11, 2016 6:48pm
The EURUSD continues oscillating around the 200 day EMA without taking a clear direction, the 1.1200 level may still act as resistance and the 1.1100 level may act as support.
  • #1,073,738
  • Aug 11, 2016 8:22pm Aug 11, 2016 8:22pm
If on the 4hr chart, the retracement from oversold territory is weak "any oscillator" place your sells.
  • #1,073,739
  • Edited 12:25am Aug 12, 2016 12:14am | Edited 12:25am
My View
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  • #1,073,740
  • Aug 12, 2016 12:30am Aug 12, 2016 12:30am
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