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MeInGraySuit replied Nov 19, 2012I think another great question to ask is how do I enter a trade to maximize profits? What I have found is that a person makes the greatest amount of pips by where they enter the market. I would like to here others ideas as for me I try to follow the ...
Elliott wave outlook
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MeInGraySuit replied Nov 19, 2012Great explain Luis...When EW doesn't make sense for me instead of going more micro down into 15min, 5mins, 1mins...I actually go the opposite way out to the daily, weekly and monthly and that gives me more of a supportive or resistance macro view ...
Elliott wave outlook
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MeInGraySuit replied Nov 19, 2012I guess I don't get what you are asking? From my point of view 5 waves are always impulsive, 3 waves are always corrective. Even if you find a impulse wave in a corrective wave, it is still an impluse as long as the rules are followed. Can you give ...
Elliott wave outlook
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MeInGraySuit replied Nov 19, 20122840 is confluence of the two waves on the daily. Should be some resistance at those levels!
Elliott wave outlook
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MeInGraySuit replied Nov 19, 2012Eurozone hopes from another Greece bailout!! I just don't get it, going up when billions are going to be given away with the hope but has Greece paid anything back with those high interest rates...the Germans are going to get shafted!!
Elliott wave outlook
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MeInGraySuit replied Nov 19, 2012Could be the C wave of 4. If that is the case we can go as high as .2881 for invalidation.
Elliott wave outlook
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MeInGraySuit replied Nov 19, 2012I believe this is wave 2 of the 5th wave. It has retraced 90% of wave 1. Wave 3 should be fairly long. If we blow by .2800 makes me think .3500 is on its way!!
Elliott wave outlook
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MeInGraySuit replied Nov 19, 2012I agree with you DT...great place to short with a great risk reward ratio!!
Elliott wave outlook
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MeInGraySuit replied Nov 15, 2012We seem to be locked in this channel upward on the EU!
Elliott wave outlook
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MeInGraySuit replied Nov 15, 2012So Flynch what is your downside projection it looks like .2550?
Elliott wave outlook
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MeInGraySuit replied Nov 15, 2012He has said Housing starting to recover, creating some jobs but we are not out of the woods yet!!!
Elliott wave outlook
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MeInGraySuit replied Nov 15, 2012YEs closing my shorts before BEN!!!! +21 pips cant complain, yesterday +123 GOOD DAY!!
Elliott wave outlook
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MeInGraySuit replied Nov 15, 2012Yea two bad there are always other options in Forex!! I am sell sold that we have one more 5th wave down and then the BYE BYE!!. Fundamentally I believe that my US congress are going to fight it out for a week which should push down and then they ...
Elliott wave outlook
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MeInGraySuit replied Nov 15, 2012equities are not taking off...usually EU correlated. Fundementals not making alot of sense. That is why I think it is sign of trap!! We should turn around here shortly. Hourly chart we should be finishing but 4h looks like one more up.
Elliott wave outlook
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MeInGraySuit replied Nov 15, 2012Could be a lot of things... this wave right now is 100% of wave 2...will it go higher? That is the question!!
Elliott wave outlook