Bare and simple is good thanks, my internet has been down, couldn't get back to you. I was just looking at that last wave count were the trendline retest is, I see now I needed to zoom out for the bigger picture,

On the daily GJ it looks like we had a nice EW series with wave 2 & 4 with opposing characteristics, 4 stopped just before entering wave one area, but wave 5 failed. Does that look right? If so what is the significance of a failed or fizzeled 5? Just taking a hard look at GJ and that caught my eye.

You still in GJ pennies, got out earlier with 114 pips, lucky timing on my part but thinking about getting back in.

all of a sudden I'm up 110 pips on GJ, don't think I can hold for 152. Must be time for a little bounce

You did real good pennies. Going to find a place to go long here today. The daily chart you posted is dead on. nice. I'm going to get out my Goodman file and go through it again. I'm inspired.

I'm in, see you at 152.20, or somewhere in between.

Nice trades this morning pennies. I'm still sitting on my hands, haven't been able to pull the trigger on anything yet. Has been pretty wild.

Looks like a lot of news Thursday and Friday, Friday non farm payroll, I've got 7 limit orders in fresh zones assorted pairs, think I will pull them all and reset Sunday,

Hey pennies your reason to go long on USD/Dkk was based on an EW correction pattern? 4hr? Just trying to see what you were seeing, thinking?
good call, I was willing to bet on a 38.2 correction.

China’s yuan makes waves on international currency markets

http://www.vancouversun.com/Business/asia-pacific/China+yuan+makes+waves+international+currency/9123015/story.html

OK, I see that drop really recovered, if it holds, there may be a 4hr demand zone here with the next candle. I'm going to be patient and give it a few candles to see if the demand zone develops. I was thinking might see a 38.2 zone to zone retrace, but that last move might be all there is.

Thanks, looks like you may get your 5.50 TP today,

NU near fresh supply zone on 4hr, have a sell limit mid zone

OK, I'll give the 62 ema a try.

The 4hr has become my main TF, It is were I feel the most comfortable. Simple is good. I've got no lower window indies, using the supply zones and the Coral MA's SG just brought to the board. I "almost" feel like I know what I'm doing with this set up. LOL!!

I think your right, could very well get there, I think I have a little exit remorse,

Out USD/DKK at 5.5203 +194 pips,

Ok, I'm gonna hang in for a little longer, want to see if it will drop out of the zone, probably take it before bed, break even stop, Nice trade,

OK see you at 5.50 I'm off to work, going to try not to look at my phone every 10 min. Don't exit early and leave me all alone with this one. LOL

I'm in my limit order was hit earlier for 5.54.. have TP set for 5.50

Looks good SG, I like it. I have used the slope direction line in a similar way with one set at 20 and the other at 80 when both green long and when both red short. But I have to say this looks much better. Will run on my charts this week. Does look good on all time frames.

pennies noticed you placed fibs from zone to zone rather than swing low to high. It makes sense, are finding this is more acurate?

Now my 4hr chart has drawn a supply zone on USD/DKK bottom at 5.5253. It seems sometimes you have to hit your template again and then it refreshes. Still have my eye on the 23.6 retrace, break even stop. But keeping close tabs on it.

Are you looking at the 1 hr supply zone, Alfonso's indie has drawn one yet on the 4hr pin bar, I was kind of surprised I didn't get a zone on the 4hr

I'm still short, maybe I should get out? Have a break even stop. I'm thinking the retrace should go to at least the 23.6. at 5.5113. What changed your outlook for the 5.50 target? I got 180 pips, will keep a close I on it

Nice, what was that spike all about? Stop hunting maybe. So far so good, nice pin bars forming on 1hr and 4 hr USD/DKK, if all goes well we will get a supply zone drawn here.

Wow my limit order was hit at 5.5360, blew out that narrow supply zone on 4hr, may get a pinbar here on 4hr chart.

Hey guys, just for fun I put a limit short on USD/DKK at 1.0375 in the middle of the 4hr supply zone about 110 pips higher than it is now. If I was to think like a bank or hedge fund I would start EU up and then take it down one more time to the demand zone just to mess with retail. I have the same TP for 5.50

Great charts and analysis pennies, appreciate the time you put into this, going to save this for future reference and trade timing. I didn't realize USD/DKK has a 100% inverse relationship to EU. Even more than EU and USD/CHF which is at -98%. Wow does that USD/DKK move, 1300 pips last week. Its nothing for it to have 600-800 pip daily candles.

Just looking at USD/DKK chart pennies, wow you should of held those longs that move is just crazy. Have been watching this one, spread is not that bad, takes a lot of units to make 1$ a pip. Its very close to a supply zone now, although zone does not look that strong. Whats your take on it for a short here. Looks like it could just blow through this narrow zone.

Cool SG have an order waiting, May not trigger till Sunday eve?

He pennies, seeing U/CHF about 20 pips from supply zone on 4hr. May put a limit sell there, but then again its Fri. Do you see more downside for EU over all? 1.31 area maybe. Looks like some support at 1.4

OK sounds good, I have Alfonso's file. I'm usually keeping an eye on Oanda platform as well as MT4. Watching 15, 30 min on Oanda and 4hr on MT4.

SG that is really wild, I like it, have been looking at line charts more and more in relationship to the HA_lines. They could keep you in a trade for a long time, without the confusion of the candles. I assume the xpMA can be found with a search, will look for it. Very Cool, You know I wonder if the Banks use candles, or if they just know where they want price to go?

Brokers are under the open a live account tab

when checked it out they only had two European brokers, that was like 4 months ago. They may have more options now.

Hey bobby I looked into it when first started, they didn't have any brokers on board that would accept US accounts, that may have changed buy now. I've had a demo for three months, basically I'm break even. Need to change the person trading for me I think.

Check out that spike and drop on EU on the 4hr. They just took out all of retails stop loss orders who were short and are now going on their merry way down. That's just crazy. My EU short is looking very good right now, glad I didn't have a stop in place.

Like the DOW and S&P charts pennies, definitely some serious negative divergence, If you had to guess when do you see this unraveling, This week, next week?? I believe historically NOV can be a rough month for the markets.

OK, will watch the ticket and line chart and see if I can get a feel for it. Thanks