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jaylovin replied Feb 6, 2011still some more up to go... maybe 'A' correction ends here... then down some for B wave then back up to 1.3665 or higher for C correction = completing wave 2.... then 3rd wave down starts... thats my count so far but prone to change
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jaylovin replied Feb 6, 2011yup i will do thanks... i use marketscope for my charting - i find it really easy and perfect for my needs.. up till recently i only used marketscope for h4 which starts 10pm gmt... thanks for the info

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jaylovin replied Feb 6, 2011hey Kill, if i recall correctly you have a few different brokers who's charts you work with?? my question is the 4h chart... i have one which starts GMT 0200, 0600, 1000 etc etc and another one which starts GMT 0000, 0400, 0800 etc etc in your ...
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jaylovin replied Feb 6, 2011agree 100%
Supposing Germany did bail out of the euro... who would be next? Netherlands? France?... the powerful economic nations would all leave... leaving debted eu nations in a worst state... making it harder to pay its dues - it'll de-value.. ...EURUSD
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jaylovin replied Feb 6, 2011for now the euro has germany... who's to say they won't bail out of the euro and return to their duetch mark (spelling?) there are weaker countries in the euro stopping germany to advancing further... it may only be a matter of time... i personally ...
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jaylovin replied Feb 6, 2011some TL drawn for the week ahead...will be interesting to see what happens monday -
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jaylovin replied Feb 5, 2011Cool thanks for the link... my assumption was COT reports were broker to broker... Appreciate the link and will read up on it...
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jaylovin replied Feb 5, 2011hi Malc, May I ask how you come to the conclusion that a break of 1.3640 will give us 1.4250? I see 1.4250 is close to the weekly upper TL. but there are many many barriers in front.. After the daily and weekly candle close - i would rather put my ...
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jaylovin replied Feb 5, 2011yes this is why i don't read market sentiments.... big players probably throw more on crack and ho's than us retailers collectively do in the market. charts will tell us which what they are doing - not sentiment... and if it isn't clear - stay out. ...
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jaylovin replied Feb 5, 2011Hi Markus, Thanks for those links, didn't know about those ones! Regarding the COT chart, I haven't really read much into the COT chart though I know daily FX provide one... I thought each broker has their own COT chart? or is this a global result ...
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jaylovin replied Feb 5, 2011Hi Markus, Yup I'm learning Elliott wave more in depth... Though I am also curious to see Ian Copsey's harmonic elliott wave as the fibonacci numbers he's added to elliott's existing finding gives me more confidence in my analysis etc. I think i ...
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jaylovin replied Feb 5, 2011whats your secret??? i'm the total opposite and striving to carry trade.. i just feel i can be doing other things instead of having to monitor trades... i'm not interested in catching every pip (which is a loosing streak imo) nor do i wanna try to ...
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jaylovin replied Feb 5, 2011agree.. but i tend to use DX with the EU pair because of the volume Euro accounts for against the dollar... i did notice 1.35 not having the significance that it used to have... same with 1.3333... though you could say thats the idea of adapting to ...
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jaylovin replied Feb 5, 2011great analysis there... and i appreciate your analysis may turn out correct.. gotta see what market does next week... GL
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jaylovin replied Feb 5, 20111.40? I really hope not buddy
But here is my take: Dxy has been in an uptrend since 2008.. gator mentioned this lots of times.. we may have set a major bottom in the dxy... a break below 76 and i would re evaluate my charts.. i've posted a weekly ...EURUSD
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jaylovin replied Feb 5, 2011url thats for experienced elliotticians who post their analysis... i am no expert with elliott wave but trying to learn at the moment... i would recommend you buy a book or two if you are new to elliott wave... Robert Pretcher is a good start.. i ...
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jaylovin replied Feb 5, 2011charts on daily, weekly, even the lower TF's are all pointing down... there is a struggle to climb atm... Two sources of elliott wave count say this could be the 3 wave in all degrees so the drop is gonna be hard.... and i mean real HARD. Possibly ...
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jaylovin replied Feb 4, 2011so the idea is to buy close to resistence after its retraced downward?
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jaylovin replied Feb 3, 2011me too... i had a short at 1.3814.. closed it at 1.3792.. but i am not at the computer mostly to be able to monitor PA... shame... 200 pip day would have been a record for me...
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