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- 349 Results (343 Replies, 6 Comments)
- ledobedo replied Oct 29, 2009
look in da mirror hah there is yourproof, but dont bother...u cant understand something if u just dun want to...elliot wave has been working out very nicely and the fibs...of course its not my sole strategy but it is my core and other things fit ...
EURUSD
- ledobedo replied Oct 29, 2009
take galaxies shape, shells, human body etc there are hundreds of examples...not proof of god i dun buy into god either, just proof of a fractal pattern
EURUSD
- ledobedo replied Oct 29, 2009
bottom line different ppl use different things...doesnt matter how we get there as long as we get there

EURUSD
- ledobedo replied Oct 29, 2009
...take the major moves or any swings and count how many times it hit the one of the fibo numbers within 100 pips...there is no right way right theory to trade...i guess everyone has different style but to bash one of the most respected theories ...
EURUSD
- ledobedo replied Oct 29, 2009
many ppl misunderstand the use of fibos..to use fibos properly u must first know the elliot wave principle a which i think would be ignorant from you to call the principle useless or whatever u called fibos..., however without understanding the ...
EURUSD
- ledobedo replied Oct 29, 2009
ya noticed the flag couple of hours ago..i m short since then but looking to close it for few pips and buy order at the day high(pole of flag)
Cable Update (GBPUSD)
- ledobedo replied Oct 29, 2009
thx man but i ll stick with my original tp..i mean the short is already 30 or so pips in the green so with 50sl i only risk 20 pips which is accetable..i ll see in the morning how it is doing and might close it manually since fridays are crazy!!
EURUSD
- ledobedo replied Oct 29, 2009
ya the daily close looks scary but there is a double top pretty much, second one is bout 10 pips higher...maybe we even get the W next week...but as for now 487sh was 50% of the entire move down..and this pair seems to love the 50%areas...
EURUSD
- ledobedo replied Oct 29, 2009
yaa me too
set my tp 5pips above its bottom based on fifth wave equaling the third before it turned around..feels good to actually get something right
even if it only happens once a month hah... btw i short from 850, tp 1.4755 as a target for b leg ...EURUSD
- ledobedo replied Oct 29, 2009
looks to me like a perfect flag on the cable..or a little descending triangle on 30m and lower tf..tight sl for me 20 pip
EURUSD
- ledobedo replied Oct 29, 2009
looks to me like a flag on 30m and below...with a flat bottom..
Cable Update (GBPUSD)
- ledobedo replied Oct 28, 2009
gotta love elliots theory..its always the opposite to common sense....but i think the a leg is far from finished..it has to go deep to make the count valid below 1.45 at least..i counted and finished the first impulse finishing at 47 area...over 300 ...
EURUSD
- ledobedo replied Oct 28, 2009
forex is backwards most of the time
still does not make sense to me what moves the markets i just trade the moves...i managed to count 5 waves down from that 1.5 to 1.47, so we might test the 1.49ss area with a little retrace..but too early to tell ...EURUSD
- ledobedo replied Oct 28, 2009
lol not making fun just stating he made me laugh:0guy is funny life to trade haha..my view is bearish..but my trading might differ to others...i mean if we get the right news call to spark this thing down .my view is that eurusd started rising from ...
EURUSD
- ledobedo replied Oct 28, 2009
retrace??above previous high not really a retrace...made me laugh funny english
like watching boratEURUSD
- ledobedo replied Oct 28, 2009
any ideas? its my first posted elliot chart so hit me
Elliott Wave Trading
- ledobedo replied Oct 28, 2009
its much if it is up or down but more of how is the gdp gonna differ from whats expected..but up, or higher than expected=strong dollar
EURUSD