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Nope..I had taken a small short earlier but closed it for a couple pips..Wish I had kept it a little longer but really wanted to watch the tdi on the hourly..
"At the Monetary POlicy Meeting held today, the Policy Board of the Bank of Japan made the following decisions with a view to further pursuing aggressive monetary easing."
EJ actually hit my take profit. Woohoo
Need to start watching for these a little better..I have been trying to watch the 5m charts more just for scalps..I am usually gone in the mornings when everything is moving good and still don't really trust myself enough to hold anything overnight since thats usually when I have lost the most..
I had been watching the tdi on the 5m for a little bit before you posted the charts for 15 and 1h..Got in at 111.57 based on it and was going to just take a few pips for a scalp but decided to hold and see if the 15m pattern was good..
And a little hammer on the 1H
I was looking at some stuff on forex factory where the guy was trading the 5 minute chart using the rsi for quick trades. Watched AU for a little bit that night and saw a couple of the setups play out. I'll look in a little bit and see if I can find 1 or 2 to see what you think
Pennies you ever use or seen the rsi used for divergence trades.
Wow those yen crosses did have a huge gap..Just getting home and looking at things..
So much for that hypothesis
Yes sir it is
About time I guess. Sorry for all the questions but sitting here waiting for it to warm up some so I can paint and bored
Hypothetically if we are fixing to start a small wave 3 down and large wave 1 breaks below 130.4 area then we wait for 88 retrace and short it for a hell of a run.. Am I learning.lol
Gotcha not looking just extremely well for my short right now
Just looking on the 4h chart on oanda mobile ap looks like it could be a 88.6 retrace from the previous high for maybe a wave 2 top??
Since we made a new high and now working on the retrace do we run new fib extensions to get new target levels
Guess we need a good retrace and then down she goes hopefully. On my phone so can't see the TDI
Was wondering about the new high. Is it because we are using the TDI pattern instead of price action
Pennies..On EU Daily we have a completed matrix in yellow (within a few pips)..It has only retraced to about 38.2 (blue fibs)..Orange fibs have also only retraced to about 38.2..If the white trend line gets retested it could shoot up to complete the blue fib retrace..BUT..The last retrace was right at 50% of the last run up..So now I wonder if we are headed up..LOL
Why all the craziness with the spreads??
Is EU the most liquid pair
Great job pennies
Slope just turned red and the 6 is about 10 pips away from 62 TDI is up high but have a hammer candle right now..
gotcha
Another quick question..Do you watch where the tunnel is..Price action above tunnel go only long or below tunnel to short??
Will watch it and see..Thanks
OK that's what the default was just wanted to see if you had changed it..If you see a trade tonight will you post a chart..
On your 5 & 15 minute chart what value are you using on the slope indie..
est you here tonight yet..
Thanks jav..was going to look on ebay also..
Forgot about that website..Gonna order some books and do some reading..I know you posted some stuff a couple weeks ago on how you started trading the 5 and 15 so gonna go back and read that also..
Just frustrating. Where did you order your elliot wave book from
No been in live for awhile. Doing ok for awhile and then it changed
Guess I just don't get it. Hanging it up until next year
5 more minutes until RBA gov speaks..
My phone is by the bed also.