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MeInGraySuit replied Jul 17, 2013I don't use volume just chart recognition (EW), Bollinger Bands, S/R.
EURUSD
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MeInGraySuit replied Jul 17, 2013Truncated 5th wave on C...good signs more pressure down. Could see 1000pips this month!!
EURUSD
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MeInGraySuit replied Jul 16, 2013You have to recount waves because there are specific rules in EW and once rules are invalidated you either have to recount or what I do is look at higher TF for clarification. You will have to work with EW because it is not a overnight course that ...
EURUSD
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MeInGraySuit replied Jul 16, 2013Thanks, I look to larger TF when counts in lower TF are more confusing. Yes "wedge" I should label triangle, I say wedge for a expanding triangle I guess that is my own EW lingo.
EURUSD
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MeInGraySuit replied Jul 16, 2013Hatch here is one of my accounts I trade on a LAMM account with FXCM. I am not trying to put more fuel to the fire but in my opinion EW is the best leading indicator out there. Yes, sometimes you have to count and recount and make decisions and yes ...
EURUSD
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MeInGraySuit replied Jul 16, 2013Infinitus what do you think about this possible expanding wedge on the weekly? Seems like it EU is starting to have a hard time making it up to .3150 let alone past .3200.
EURUSD
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MeInGraySuit replied Jul 15, 2013Yea JG on and off on FF depends what kind of mood I am in I guess. Weekly shows a possible expanding wedge E wave up to .3530 if the BULLS have anything to say about it. But EU needs to be cheaper I think to help stabilize. I would like to see a C ...
EURUSD
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MeInGraySuit replied Jul 11, 2013Anyone notice an expanding wedge on the weekly? Could be of interest if we lifting higher.
The Club!
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MeInGraySuit replied Jul 10, 2013You might get your 30 pips...market likes to pump up before Fed announcements but watch for overall descend after.
EURUSD
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MeInGraySuit replied Jul 10, 2013Taigen, yes trends can go on and go especially in a 3rd wave the .2673 is only 100% of wave 1, typically wave 3s are 1.618% the length of wave 1 so I have a second target of the end of wave 3 at .2408. Good Pippin!
EURUSD
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MeInGraySuit replied Jul 9, 2013Agree with Venice, mistakes make you a stronger trader if you realize what you did wrong and then trade with that knowledge.
EURUSD
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MeInGraySuit replied Jul 8, 2013Agreed, EW is a great tool but it does not tell you enter or exit. S/R, trendlines and Bolllinger Bands are what I use.
EURUSD
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MeInGraySuit replied Jul 8, 2013I don't know if infinitus would agree with me but I believe EW is the BEST leading indicator out there.
EURUSD