Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Suggestions and tips are always appreciated especially when it comes to saving money and my butt. I need to learn counting these waves so I don't enter in the middle of one. I'm still in the learning curve but thanks
These pairs are really getting on my nerves. Everything that I've tried to short the past couple days have bit me in the a@#..... I know it's waiting on me to get out before it tanks
Lol I'm ready for that
Are you talking about the last leg down that's fast and brutal?
I'm short NU @ .7682 Fingers crossed.
Got my eyes on it Pennies. Just trying to decide which way I want to go. I was able to steal a few on EA short though. I may stick with NU since that is what I can trade on the mobile platform
Yeah Pennies, that indicator isn't correct. It appears to look for perfect symmetrical legs based on ABCD and plots them then disregards everything else. I've got about 5 EW indicators in my library and none work correctly.
Thanks Jav. I have a couple EW indicators but none are really effective but I'll check this one out
Got it... I think. Thanks
So by your count, the pattern is in the process of forming a bearish dagger?
Now that makes sense strangely enough
This may take a while to learn haha
All legs being equal, if the "A" leg is about 102 pips then the "C" should be the same. Any overshoot would be made up on the larger "C" leg, correct? Meaning the TP would be about 23 pips shorter. Or am I way off base here?
I see. I think if I can actually get the correct starting point I'll be ok but that's a big "IF".
I'm not sure how you did that but it's too funny. Maybe you can add some funds to my account too while you're at it. Lol. Secondly, I'm confused on how the small "a" is the start of a down leg. Can you clear that up for me? I'm on Youtube now
AU looks to be breaking an ascending triangle so if NU follows suit it'll come back down but about 150 pips from now. I gotta let it go. Good luck
Looks like NU is playing hard ball
Bollinger is tight on AUDNZD 30 min so hopefully a move soon before the end of day
Man must be nice....yes today has dried up completely. Haven't kept up with my stats though but according to my balance I haven't done to bad. I hate to hold over the weekend but that's what is looking like
I'm doubled up on AUDNZD so that's it for today for me. Let's drop it now
Your chart looks to show a new low as well. Maybe a good target.
AUDNZD 1hr market baseline is over 75. Thinking of a second short position here
I'm sure I'll have questions
I see oh great one..Lol That was a nice call
Ok I saved the link to check out this weekend since I have to leave for work in about 45 min
We apparently missed news
When that tanks it'll be a good one too. Is AUDNZD running stops or a head fake? Lol
I'll check it out this weekend
I see. I've gotta learn to count waves. Thanks for pointing that out.
AUDNZD could still go up to the 161% / 61.8% confluence area @ 1.0331. It looks tired
Correction...AUDNZD looks to printing a doji on the 4hr at the 141 extension. Almost time
I still think EA is bullish long term with that dragon pattern. It formed on the 4hr so it takes time to complete. The hump is @ 1.40 so a break above that would be confirmation with little resistance back to the highs. The tail usually takes a while to set up. Looks to be consolidating at the moment. Also looks like an IHS is there as well. I'm more likely to lean long than short on EA I'd just wait until this sell off is complete. Just MO though.
I'm expecting it to hit decent support around 1.02 which may take it back to 1.o4. UJ has been ready for a while
Short AUDNZD @ 1.0287 near the 141.4 extension. Was able to steal 26 pips in an EU short overnight.
Same here. Good night
And that's why I stay away from GU. Mostly NU AU pairs.
That's true. I'm a little more aggressive and that's why I get burned and forced to get out early. My goal is a steady 2 lots on a trade. That's a nice even number and means double the money per pip. I'm not there yet though
Hey at 5 lots that's a nice payday