- Search Crypto Craft
-
Dave Floyd replied Mar 30, 2012Anatomy of a Trade: AUD/JPY — Good morning traders. As Todd noted in the previous posting... image ...AUD/JPY still has a bit further to go to the upside - and that it what I want to focus on for today's 'Preview'. One of the things that ...
FX Analysis: The IPA Trade Methodology
-
Dave Floyd replied Mar 30, 2012Quote of the Day — I thought this retort to the complaints about high gas prices was pretty insightful: "The last time gasoline was $4, natural gas was $3.50, not $2.10. Net-net, I am probably saving more on my home heating/air conditioning ...
FX Analysis: The IPA Trade Methodology
-
Dave Floyd replied Mar 29, 2012A shorter-term AUD/USD count that dovetails in with the longer-term count. To answer your question regarding stops - assuming you scale into a trade like this into the Fib support levels noted (sounds like that might be a limitation given your ...
Robert Miner's Dynamic Trading learning journal
-
Dave Floyd replied Mar 29, 2012Short-Term Forecasts/Wave Counts — For clients/thread followers who cherish more short-term trading action.... image image image
FX Analysis: The IPA Trade Methodology
-
Dave Floyd replied Mar 29, 2012"S&P have also completed a 5 wave down on H1" - what is H1? If you are referring to the sell-off from the 1419 highs that was a correction and cannot be in 5-waves - look closely at the structure, it unfolded in only 3-waves to complete Wave ii at ...
Robert Miner's Dynamic Trading learning journal
-
Dave Floyd replied Mar 29, 2012Now I understand your aversion to wider stops - small a/c size and already trading smallest units available. I will be honest, this will a tough road. Trading with such small stops unless you have an incredibly fine tuned approach is likely not to ...
Robert Miner's Dynamic Trading learning journal
-
Dave Floyd replied Mar 29, 2012S&P bulls pull one out of the hat - solid close higher off the 1394 support level. Trading Implication? Shorts in USD/NOK, EUR/GBP and possibly even a long in AUD/USD.
FX Analysis: The IPA Trade Methodology
-
Dave Floyd replied Mar 29, 2012S&P's hanging tough at 1394: image A hold here makes shorts in AUD/JPY, as noted in previous posting, not an option. We are evaluating AUD/JPY short entries but are becoming a bit unsure if they make sense with S&P's holding tough.
FX Analysis: The IPA Trade Methodology
-
Dave Floyd replied Mar 29, 2012AUD/JPY Seen Through IPA Trade Methodology — The IPA Methodology applied to AUD/JPY image
FX Analysis: The IPA Trade Methodology
-
Dave Floyd replied Mar 29, 2012I am not following this quote: Actually wave "c" of "1" (ED) is unfolding. However, regarding your first part, the move off the March 6th lows cannot be an ending diagonal as the sub-waves are unfolding 5 not 3 and there is no overlap between the ...
FX Analysis: The IPA Trade Methodology
-
Dave Floyd replied Mar 28, 2012With the S&P's holding key support today at 1397 it may well set the stage for another leg higher towards the upper end of our forecast resistance at 1450 image That still leaves open the possibility that AUD/USD could finally catch a bid and ...
FX Analysis: The IPA Trade Methodology
-
Dave Floyd replied Mar 28, 2012.786 is at 12.8202 and testing or exceeding the .786 is NOT an invalidation but can often times suggest the the pull-back will go far deeper. The ultimate line in the sand for a Wave 2 pull-back is the beginning of Wave 1 - in this case that level ...
Robert Miner's Dynamic Trading learning journal
-
Dave Floyd replied Mar 28, 2012AUD/USD: One possible reason why AUD/USD remains weak and getting weaker? Famed RBA watcher Terry McCrann’s latest column says the market is complacent in pricing only a small risk of an Aussie rate cut next week. “The chance of a rate cut next week ...
FX Analysis: The IPA Trade Methodology
-
Dave Floyd replied Mar 28, 2012AUD/USD at current levels (1.0371) looks far less likely to rally here - it still could but it looks more likely to test and possibly break below 1.0335 - the 'absolute' invalidation level for the bullish wave count/interpretation.
FX Analysis: The IPA Trade Methodology
-
Dave Floyd replied Mar 28, 2012AUD/USD at current levels (1.0371) looks far less likely to rally here - it still could but it looks more likely to test and possibly break below 1.0335 - the 'absolute' invalidation level for the bullish wave count/interpretation.
Robert Miner's Dynamic Trading learning journal
-
Dave Floyd replied Mar 28, 2012I just posted a chart of AUD/USD in my thread here - url As well as a really good video clip on managing risk. One other thing to factor in regarding you trying to get long AUD/USD - why that pair? On a relative strength basis that has been the ...
Robert Miner's Dynamic Trading learning journal
-
Dave Floyd replied Mar 28, 2012How To Manage FX Risk In 3-Minutes — Todd just did this video for CNBC's Money in Motion - excellent summary of risk management - a topic often overlooked by many traders: url
FX Analysis: The IPA Trade Methodology
-
Dave Floyd replied Mar 28, 2012AUD/USD: Bulls Are Losing Hope — image
FX Analysis: The IPA Trade Methodology
-
Dave Floyd replied Mar 28, 2012Oh, there were 5-waves in circle 1.
Robert Miner's Dynamic Trading learning journal
-
Dave Floyd replied Mar 27, 2012[quote=torkay77;5516659] It's possible - the lower boundary of resistance has not bee met as you noted - however, one could say that we have moved higher in 5-waves off the Wave (iv) low thus possibly completing Wave v of larger degree 3. At this ...
Robert Miner's Dynamic Trading learning journal