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MeInGraySuit replied Nov 20, 2014It is amazing how long the market takes to react sometimes or should I say it is amazing how the market makers can hold up the market the way they do. I can't wait until the RETAIL traders have more power in the markets. We need more retail traders!! ...
EURUSD
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MeInGraySuit replied Nov 18, 2014Daily wave count suggests continued range trade look for alternate candles per day. Up today, Down tomorrow. I believe this continues all week. Scalping begins!! I am only scalping shorts because we continue down after this complex corrective wave ...
EURUSD
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MeInGraySuit replied Nov 17, 2014-0.1 to 0.5 widest I have seen...end of day close wider at 1.5
EURUSD
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MeInGraySuit replied Nov 17, 2014Usually 0.2 spread I have even seen a -0.1 spread and then commissions are 0.8 cents round turn (or 0.4 cent per side) So if you have a 0.1 spread with 0.8 cents commission. Total out of pocket is 0.9 which before it was averaging me 2.3 so I am ...
EURUSD
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MeInGraySuit replied Nov 17, 2014I think they are great! Never had a problem with them. My withdrawals are usually next day (I think I had one that was two days) and I love their new spreads.
EURUSD
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MeInGraySuit replied Nov 17, 2014Strong possibility in our wave count we will have another ABC Flat Wave(range .2550-.2400) moving sideways. However, want to see the retest lower.
EURUSD
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MeInGraySuit replied Nov 17, 2014KGP fundamentals are definitely important however I find they are very hard to trade because they are lagging...once the announcement has been made it is hard to get good entry/exit and you often find yourself scalping and if that is your strategy ...
EURUSD
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MeInGraySuit replied Nov 17, 2014Totally agree, however it seems like there is usually a macro delay before it sinks in. It is like Government, it takes forever for them to decide what to do and then it takes another forever to implement. I think most traders take a little time to ...
EURUSD
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MeInGraySuit replied Nov 17, 2014Lets see if we get there (.2412) in the next 3 hours to close out the 4h candle.
EURUSD
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MeInGraySuit replied Nov 17, 2014Extended Flat...Looking at .2412 where A=C. Look for more consolidation in the future.
EURUSD
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MeInGraySuit replied Nov 14, 2014What do you think they will do? QE? My prediction is we will condense for next several months waiting for Draghi to do something which I believe he will but his talk and good US data have depressed EU Draghi hopes it will depress more but I believe ...
EURUSD
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MeInGraySuit replied Nov 14, 2014Q1 2015? Wow that is fast!! My wave counts don't predict that fast. I am looking maybe in Q4 2015. Hope your right!!
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MeInGraySuit replied Nov 14, 2014Wave 3 completed...still looking for corrective wave 4 which we are in and one more push down for leg 5...TARGET .2365! Hopefully we get there today!
EURUSD
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MeInGraySuit replied Nov 13, 2014FYI, triangle formations usually occur in 4th waves with a 5th and final wave in a sequence of an impulse wave. Breaking .2450 with confidence will signal 5th wave IMO with a retest of .2359. If break is weak look for a more complex corrective wave. ...
EURUSD
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MeInGraySuit replied Nov 13, 2014Great bounce down off of the 11th corrective wave in our w,x,y,x,z pattern. Looking for test of the .24150 lower triangle line.
EURUSD
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MeInGraySuit replied Nov 13, 2014Looks like we are getting that 8th, 9th, 10th and 11th wave...
EURUSD