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RamsesII replied May 5, 2011hey i'm new to your thread and you've probably been asked this before, but what type of candles do you use? thanks
Price is everything
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RamsesII replied May 5, 2011Scaling in to a small silver position around here, lower is better such as 31.20
EURUSD
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RamsesII replied May 5, 2011I really hope it hits 1.4480 to the pip and wipes that dude out and reverses. Call me an asshole if you want.
EURUSD
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RamsesII replied May 5, 2011Regardless of the count, lower is in the cards.. now it's just a matter of getting the right entry on a pullback and we can re-evalute price action once we hit 1.4365
EURUSD
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RamsesII replied May 5, 2011If the strength of the wave 4 of subwave 3 wasn't so strong, I would probably be converted to the bear side. But because we had that very strong move followed by a reversal up, I won't discount the same could happen with this wave 4.
EURUSD
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RamsesII replied May 5, 2011I caught it from 14880 til about 1.4680 and watched in horror as it continued down haha. 38.2% of wave 3 comes in around 1.4365 which is also a support level from March so an interesting area

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RamsesII replied May 5, 2011hey samdani786, i posted this in the elliott wave forum. Your count has some wave 4 in to 1 overlap so I favour this one: image
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RamsesII replied May 5, 2011why not just play a corrective bounce instead with your stops there? this thing doesn't have the strength to get to 1.51 before 1.4480
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RamsesII replied May 5, 2011Euro loving the 75 #s 1.4775, 1.4675, and now 1.4575.. something to keep in mind
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