RB, Both RN Elliott and Fibonacci were masters and geniuses. If you had spent a few minutes to understand who they were, you would not post such a question.

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I am not going to spend time to debate this issue. Time will prove the law of the market.

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I understand why you think this way. Based on your message, I'd assume you are not familiar with EW principle. My message is not intended to persuade you to change your thinking. R.N. Elliot was not a fool so am I. I did not want to learn EW ...

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EW principle is very useful in trading decision making. However, understanding the principle is one thing, counting the waves in real-time mode is another story. I made some correct calls on Aussie recently. My judgements were based on EW principle. ...

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What I know about is available in the bookstore. Based on EW principle, Current bear flag is a a corrective wave not an impulsive wave. A corrective wave will end sooner or later then the main trend will resume.

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It depends. I did not use SL for this trade because I followed the trend. Current pop is a corrective move. In the end, Aussie has to come down. Tonight's pop has something to do with EU summit, which is like a double-sided sword.

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Eric, Thanks for your encouragement. I will do my best. -DB-

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Your explanation is accepted. I hope we all respect each other in this forum. We are here to help each other not to laugh at someone who made wrong judgements. When people made wrong judgements, there was already a price came with those mistakes. ...

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Intrepid, I made a wrong judgement because I still have to learn more about EW principle. There is nothing wrong with EW principle. I still don't believe the game of probability. I followed the trend to trade. The difference between me and Redbox is ...

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Looks like the bulls are running out of gas.

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Aussie is approaching the apex. The question is not if but when. Will that happen before 5pm? -IMHO-

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While the bull is still riding the slide to celebrate the good US news, the bears have arrived at bull's gate at 1.007 HT. Story developing ..........

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I believe the air pollution came from forest burning and volcano activities not from industries. Correct me, if I am wrong.

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The bull gates are going to break sooner or later.

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RB, You are a gentlemen. It was nice to have live chat with you. How is Indonesia? Very hot and humid now?

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RB, do you need reading glasses?

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RB, The bears are at the bull camp's gates. Believe it or not, Forex is not a game of the probability but a game of the mind.

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Hi BG, You are invited to enjoy the free honey. -DB-

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Wow, life is Papa's favorite topic. Let's begin from the time when I was born long time ago........

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BTW, the probability game is always placed at the top of every casino.

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