loopyno Posted April 16, 2010 Report Share Posted April 16, 2010 :)) .... the old battle .... getting in and out :D Quote Link to comment Share on other sites More sharing options...
chankl78 Posted April 16, 2010 Report Share Posted April 16, 2010 :))Wahahahahahahahhaha Yup... Anyway, my decision is still to close the long first then short. Wowow... after my dinner... the price still never change... What a friday.. Smile Chankl78 Quote Link to comment Share on other sites More sharing options...
loopyno Posted April 16, 2010 Report Share Posted April 16, 2010 so you think EU is going down? Quote Link to comment Share on other sites More sharing options...
chankl78 Posted April 16, 2010 Report Share Posted April 16, 2010 Yup........ In EU M15, Lower High, Lower Low..... Also EU almost the same as GU candle formations. So.... let's see in 30mins how US session react to it... Most likely up & then down....... I am also wrong... So please do not worry... Just buy opposite direction of what i am going for will make u a millionaire... wahahha Anyway, average movement for EU is 150pips??? Maybe I should join you in EU.. will be more fun.... Smile Chankl78 Quote Link to comment Share on other sites More sharing options...
loopyno Posted April 16, 2010 Report Share Posted April 16, 2010 well in this case i am saying the opposite ... i think it is going up :D ... so let's see Quote Link to comment Share on other sites More sharing options...
chankl78 Posted April 16, 2010 Report Share Posted April 16, 2010 Wahahahahha :D I suddenly feel stress for my Sell in GU............ Smile Chankl78 Quote Link to comment Share on other sites More sharing options...
loopyno Posted April 16, 2010 Report Share Posted April 16, 2010 =)))) man ... think what should happen to confirm u are wrong .... think of the worst case scenario ... if it starting to form ... start worrying ... if not then it is all good :P Quote Link to comment Share on other sites More sharing options...
chankl78 Posted April 16, 2010 Report Share Posted April 16, 2010 Hmmmmmmmm.... GY went down...... So does that means GU will goes down???? Or goes up....... So does that means..... EU should goes down????? Wahahahha,.... Furiously finding ways to convince myself it will goes down... (But I still need a up to close my long trade before going down to close my sell trade)...... Smile Chankl78 Quote Link to comment Share on other sites More sharing options...
loopyno Posted April 16, 2010 Report Share Posted April 16, 2010 man ... believe me you do not hold the answer the chart does ... think of what u would do if you were not in a trade ... this is why trading is hard ... you know this :) chankl78 1 Quote Link to comment Share on other sites More sharing options...
chankl78 Posted April 16, 2010 Report Share Posted April 16, 2010 man ... believe me you do not hold the answer the chart does ... think of what u would do if you were not in a trade ... this is why trading is hard ... you know this :) You are so right.... How long have you been trading? Me have been trading for slightly more than 1 year..... Burnt 5 accounts... currently 6th account... & the only most profitable account as I am using manual trading with EA. Still learning... So far Elliott Wave is still the best for me... Then finally thru some other forums, got to know Elliott Wave Software....... And came to know Advanced GET.... Some history on myself. Hee hee... GU drop... but..... there's goes my long...... Smile Chankl78 Quote Link to comment Share on other sites More sharing options...
loopyno Posted April 16, 2010 Report Share Posted April 16, 2010 well i am in the forex business for about 4.5 years i learned many of the lessons the hard way ... on my own ... because in Romania trading was as popular as eating ice cream on Mars :) i learned MQL, i started creating indicators and EA's and about 2 years ago i met Elliott :)) liked it and stuck with it now i want to open a site to offer EW analysis ... actually is ready i just have to get me diploma and take on exam for an MBA and i will start that service (this means another 2-3 weeks) Quote Link to comment Share on other sites More sharing options...
chankl78 Posted April 16, 2010 Report Share Posted April 16, 2010 Wowow... My senior in forex.... Must learned a lot from you...... hahahah.. Wish you all the best on your exam. Seems like the trades are not moving..... In GU, it seems to me it is making a 5 waves.... for... not moving... Forming what I feel that it is like wave 4 pattern.......... Hmmmmmmm........ Am I wrong??? Your EU is also not moving much... Maybe, it is friday... Smile Chankl78 Quote Link to comment Share on other sites More sharing options...
loopyno Posted April 16, 2010 Report Share Posted April 16, 2010 i looked on GU and it seems to be making a wave 4 on the H1 but i usually look at things from the Monthly down to H1 so not only at one timeframe :) now i must be looking if another hedge is in order :P :) on EU Quote Link to comment Share on other sites More sharing options...
chankl78 Posted April 16, 2010 Report Share Posted April 16, 2010 Suddenly I understand....... It is forming triangle in higher timeframe........ It is a Wave B of Wave 4 in H4........... Now, the triangle have completed ABC, forming D?? Or E?? So.. after this...... Continue Wave 5.......... Correct?? Smile Chankl78 Quote Link to comment Share on other sites More sharing options...
loopyno Posted April 16, 2010 Report Share Posted April 16, 2010 uffff triangle .... psychologically speaking .... prepare yourself :) in forex a triangle does this most of the time: 1) wave E breaks even below A 2) this break may lead you into thinking it is not a triangle 3) it signals a last move in the direction of the current trend (wave 5 in this case) and aflter this a trend reversal so ... if looks like an A, B, C, D, E ... wash up and prepare :D it is going to be a blood battle :P chankl78 1 Quote Link to comment Share on other sites More sharing options...
chankl78 Posted April 16, 2010 Report Share Posted April 16, 2010 (edited) Thanks my friend!!! I have just closed all my shorts... Preparing for a "long" battle... waiting for my signals..... Will add on my "long"... So good to have you around... Where do you learn elliott wave? Any good materials? I been trying to find some... But ... mainly from youtube.. which is very basic. Smile Chankl78 Edited April 16, 2010 by chankl78 Quote Link to comment Share on other sites More sharing options...
loopyno Posted April 16, 2010 Report Share Posted April 16, 2010 just please be careful ... and one more thing ... it usually takes more time to complete .... here is my triangle on the daily timeframe http://img243.imageshack.us/i/dailyx.png/ see .. it traded even above A ... the books say this is not allowed but guess what ... the market thinks different if u manged to see it and u are right in the end ... then ... you have a very good eye :) Quote Link to comment Share on other sites More sharing options...
loopyno Posted April 16, 2010 Report Share Posted April 16, 2010 (edited) i am going to give u one more tip ... for free =)) Always ... ALWAYS ... confirm every count by switching to the Line Chart If you read the early books on Elliott Wave you will see Line Charts ... some of the counts will look so clear :) just try it :) it is your decision in the end :) Edited April 16, 2010 by loopyno Quote Link to comment Share on other sites More sharing options...
chankl78 Posted April 16, 2010 Report Share Posted April 16, 2010 just please be careful ... and one more thing ... it usually takes more time to complete .... here is my triangle on the daily timeframe http://img243.imageshack.us/i/dailyx.png/ see .. it traded even above A ... the books say this is not allowed but guess what ... the market thinks different if u manged to see it and u are right in the end ... then ... you have a very good eye :) Hmm... your chart is so clear.... I think I must start to study more on elliott wave..... i am going to give u one more tip ... for free =)) Always ... ALWAYS ... confirm every count by switching to the Line Chart If you read the early books on forex you will see Line Charts ... some of the counts will look so clear :) just try it :) it is your decision in the end :) Hahahahahha... Hmmmmmmm.... ok ok.. thanks for your free tip.... I will do that.... Do not know what happened to the "Thanks" button... is it I use too much for today??? Do not know whether got any restriction or not... Wahahahahha... Smile Chankl78 Quote Link to comment Share on other sites More sharing options...
loopyno Posted April 16, 2010 Report Share Posted April 16, 2010 don't worry man :) i don't need thanks ... "they come in time" :) Quote Link to comment Share on other sites More sharing options...
chankl78 Posted April 16, 2010 Report Share Posted April 16, 2010 Hmmmm.... u r so right.... GU went up... Lucky I have closed all my shorts & added a long on its way up.... Smile Chankl78 Quote Link to comment Share on other sites More sharing options...
loopyno Posted April 16, 2010 Report Share Posted April 16, 2010 man i looked at the H1 and H4 and ... it is hard to call a triangle or rather early be careful :) Quote Link to comment Share on other sites More sharing options...
chankl78 Posted April 16, 2010 Report Share Posted April 16, 2010 hhahha... Now, I also do not know what am I trading.. Only basing on EWO signals. Think have to relearn EW... Anyway.... Today is friday... Smile Chankl78 Quote Link to comment Share on other sites More sharing options...
loopyno Posted April 16, 2010 Report Share Posted April 16, 2010 i think i am done for this week :) Quote Link to comment Share on other sites More sharing options...
chankl78 Posted April 16, 2010 Report Share Posted April 16, 2010 Great.. me too Hedge my long... & going to sleep.... wahahahahah What a day. Must have a plans... EWO cannot works solely... wahahahah Smile Chankl78 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.