thanks olu. im a lazy person, but even a complex method such as ew can be simplified for my use im guessing this topic will die, cuz i never intended to post trades regularly, share setup and leave it be. if anyone is lucky enough to stumble upon ...

Your Favorite Trading Setup

i think you are missing the whole point of this thread. its about specific steps that must be taken. You open your position if those steps are met. when you are convinced that you are on the right side of the market you move stops to b/e. and if you ...

Your Favorite Trading Setup

oh and i have been known to like wolves occasionally lol

Your Favorite Trading Setup

now that you mention it, it does sound a bit harsh. But then again, reality is no picnic either.

Your Favorite Trading Setup

Here is the other one that we were keeping eye on - at least we were supposed to but some did not (ME) - GBPCHF buy setup. Working nicely for those who did tho. image

Your Favorite Trading Setup

If you remember the EURUSD trading plan from earlier post,, we were waiting for a corrective decline into 50%-62% zone. Looking good so far. ps: i already closed 0.2lot for 35pips, small-to-no risk is involved now. image

Your Favorite Trading Setup

I closed 0.25 at 1810 (equal legs) just in case, and the strong bounce suggests the corrective nature of this drop. Regardless im holding the rest of my position.

Your Favorite Trading Setup

Wow this market is fucked, like literally. S&P 1hr chart: image

Your Favorite Trading Setup

Ok USDCAD is climbing steadily hopefully towards 50% where we will short. EURUSD on the other hand keeps climbing too, which means we will have to wait even longer to jump in. Good news is our snp trade looks good. As soon as price pierces through ...

Your Favorite Trading Setup

I also had a look at EURUSD - our all time favorite. The corrective drop on 4hr chart was complex, so i labeled it with abc to make it less complex. After a correction, there comes a trend. image 1hr chart we see clear impulsive rally. dont bother ...

Your Favorite Trading Setup

Ok we had USDCAD short setup - never pullled back, damn its slipping into eternal pit. GBPCHF long setup - still waiting for 3 wave pullback. S&P short setup - your lucky day, we just got our pullback into 50%. I shorted it right at 50%, not sure ...

Your Favorite Trading Setup

thanks man. tho few chart examples would really assist and add to your contribution

Your Favorite Trading Setup

Here is another one emini S&P500 a strong rejection from A=C equal legs. 4hr chart (this move is even more scary in Dow): image so lets wait for our beloved correction and join the party hopefully. note: because the drop is too sharp i had to drop ...

Your Favorite Trading Setup

thanks for stopping by. yes the setup is bu trade against bigger correction, thus we need to switch into lower tf for opportunities. That would be the case with GBPCHF example. But USDCAD we dont need to look into lower tf, since we are looking for ...

Your Favorite Trading Setup

well we got out 5th wave, one down, 3 to go. selling 3 waves up is what i mean. USDCAD 4hr image

Your Favorite Trading Setup

My Favorite Trading Setup 1: Hopefully this will clear things up as what i have in mind when i say "favorite setup". My choice is an implementation of Elliott Wave basics. Dont get scared now the key word here is "basics". So we are not gonna get ...

Your Favorite Trading Setup

I like EURUSD as such image

The Club!

this is my take on this one image edit: and then comes 1.4000

Elliott Wave Trading

anyone can help me out on how to get "a yearly candle" on mt4? i have a candle overlay indicator that can display higher tf candle, but not the yearly, any help appreciated.

The magical mystery tour of the divine markets