EUR/USD (GENERAL)

got out at 4666....a few pips loss on the 4650 and a few gain on the 4710.......oh well will try again soon.....

chonchy wrote:got out at 4666....a few pips loss on the 4650 and a few gain on the 4710.......oh well will try again soon.....

Yeah, this is a pretty strong uptrend chonchy. Im still long eu and short usd/cad and long gbp/usd. Im locked in on all trades so I feel confident to allow it to run now unless my BE gets hit.

With FOMC around the corner, I am out of all of my positions. Made some decent pips and will look for another entry after FOMC and continue working towards the usc/cad, gbp/usd and eur/usd targets.

The daily divergence may be starting to play out. If so, we could test 4608 or the h4 upper trend line of the bull flag or even the h4 50 ema. That would be a nice place to long again if we could get to one of those areas.

Daily oscillators:

H4 chart showing possible retracement levels: H4 gann 4608, upper tl of the bull flag and the h4 50 ema 4532.As long as 4492 holds this specific abc pattern is still in play so we look for pullbacks and levels to enter the mkt long again.

I have to cut down on my posts. I seem to be flooding the thread.lol. Its pretty lonely in here.lol. Would really like to see other ideas. Just talking to myself.lol

Im out for the day or week or month.lol Many pips to everyone

Hi ,can't add much ,I am a newbie. Stil learning. Am curious how you get your ABCD levels...does the A level start after a big move? I have noticed it is not in the fiblevels. Contribution with a chart. Hope U stay. Members are slowly increasing.

https://i.servimg.com/u/f23/16/43/23/04/euh11210.gif

Forgot the image....

Hello friends,sorry for posting very infrequently over the last couple of days. I am a little bit busy with my day job.

Today I published a new EW analysis on my blog, which contains various long term charts from Prechter, Caldaro, Neely (only to name a few).

I provide the link to my blog here. If you feel offended by looking at some adds, please do not click the link. Normally I provide my analysis here, but have right now no time to upload all the pics and links etc., but am confident, that some like to see the analysis.

Hope to catch you later,

Markus

http://singulorum001.blogspot.com/2011/04/new-count-and-long-term-view-of-various.html

infinitus wrote:Hello friends,sorry for posting very infrequently over the last couple of days. I am a little bit busy with my day job.

Today I published a new EW analysis on my blog, which contains various long term charts from Prechter, Caldaro, Neely (only to name a few).

I provide the link to my blog here. If you feel offended by looking at some adds, please do not click the link. Normally I provide my analysis here, but have right now no time to upload all the pics and links etc., but am confident, that some like to see the analysis.

Hope to catch you later,

Markus

http://singulorum001.blogspot.com/2011/04/new-count-and-long-term-view-of-various.html

Nice blog Marcus
I like reading your analysis. I have been forever trying to learn EW so every little bit helps. It never hurts to know a little about EW.

Matt99 wrote:Hi ,can't add much ,I am a newbie. Stil learning. Am curious how you get your ABCD levels...does the A level start after a big move? I have noticed it is not in the fiblevels. Contribution with a chart. Hope U stay. Members are slowly increasing.

Hi Matt,
I posted 2 videos on my blog today explaining how to trade the ABC patterns.

Next possible trade:
Possibly a bull flag m30 or and abc long m30. I will be watching for an entry.

EU M30

Ok ,thank you!

If the m15 upper TL of the bull flag holds, the target is around 4942.

EU m15

Still long the EU from last night. The FE 78.6 h4 has been met. Next
target is the FE 100 at 4987 ish. It should get there as long as either
the m15 TL holds or at least the 61.8.

EU H4


EU M15

Second half of my long was stopped but made some decent pips. Will look for another long set up.Same with GU trade.

Hello ,Pipchick! Are you doing ok in the bad weather?

about the fibexpansion-tool ,I only have 3 levels. Did u add the other levels yourself?

By the way...Great vids...

Matt99 wrote:Hello ,Pipchick! Are you doing ok in the bad weather?

about the fibexpansion-tool ,I only have 3 levels. Did u add the other levels yourself?

By the way...Great vids...

Hey matt
Yes we have been having bad weather. Yesterday my power was out for several hours and today, just as I started to get into the charts..ZAP!! Power out for 3 hrs.LOL. I hate it when that happens!! Anyways, about the fib expansion tool. Yes, you have to add the levels. If you need help with that, let me know.

Oh and here is something that really sucks.. My dog (trading buddy..lol) is terrified of storms so today he hid behind my desk and got tangled up in my wires and snapped my headset right in half. I will have to go out and get a new one this weekend. I was due for a new one anyways.lol

Maybe it was a good thing power was out ,then u got a 3 hours break from trading.

Poor doggy... he is probaly better than me at trading...
It sounds like it was a big storm hitting several states...Worst in 40 years I heard...Well good to hear you are OK ,despite powershortage and broken headset.

I think I can get the levels from your vids...only need help with being able to see price at the diffrent levels...do I add the $ sign next to fiblevel?

Bullflag? sorry for messy chart...trying indicators.

Matt99 wrote:Maybe it was a good thing power was out ,then u got a 3 hours break from trading.

Poor doggy... he is probaly better than me at trading...
It sounds like it was a big storm hitting several states...Worst in 40 years I heard...Well good to hear you are OK ,despite powershortage and broken headset.

I think I can get the levels from your vids...only need help with being able to see price at the diffrent levels...do I add the $ sign next to fiblevel?

Bullflag? sorry for messy chart...trying indicators.

I was just going to make a post about that bull flag. As soon as it finishes developing and we get a close above the TL, I will most likely trade it.
As for the fibs...so say you want to add the 78.6 FE. On the left colume type in 0.786 and on the right colume, type in FE 78.6 %$ but put a space between the 78.6 and the %.

Im going to be watching the h1 EU bull flag close for a possible entry long.

Same scenario with the GU

Entry at retest of upper bullflag-line ,but it looks too strong to make a retest at the moment.

Target 1.50232?

selling E/U @ 1.4950 add more all the way upto 1.5025 -- for a drop of atleast 500 pips--