Probably. But my Spidey-sense tells me we are very, very close. Wait for it.....waaaaait forrr itt.....
Hang in there, mate. Payday is coming. Look at the move in gold the last few days, and just this morning. Now oil is showing a few cracks.
It's on the way, Hans-Guenter said so! Well I've just managed to totally screw up a perfectly good Cable long trade, wrong amount, then because I'd had the ticket up for ages the stop-loss was preset, got stopped out in an instant and damn if I didn't go and do the exact same thing on Eur/Jpy!!!! Sheeesh, I'm a freakin' noobie I think it might be time to quit for today....no blotter, I'm just toooo embarrased!
Hey Guys Cable, David, Ivan...we're all doing well, I hope? Ivan, your post/comment from months (maybe a year!?) ago popped into my head... "Look ma! No Stops!"
That may have been me? I use a 6-7 hour stop. I place the trade, leave the house for 6-7 hours , the look again to see if it blew through my mental stop.
Hello, I'm a humble student of Elliott Wave formations for around 3 years now ------------------------------------------------------------------------ Being new in here ,,,,,,,,, I've searched this forum looking for a thread dedicated to the discussion Elliott Waves and found nothing on the subject , So I just read through some threads and have decided to make few chart posts in this thread to see what kind of response and feed back that would result from theses chart posts . These trade set-ups are not being chosen with any fundamental consideration at all , they are all technical set-ups and only the chart patterns themselves are being put into a perspective of ELLIOTT WAVES and/or FIBONACCI RETRACEMENT LEVELS ....., ================================================================= - Also considered is the Visual Illustration of Significant multiple support or multiple resistance areas to give one a sense of where price may be headed ....... Now, please be aware that some of these TRADE SET-UPS WILL NOT MAKE IT ,,,,,, So To Speak ..... This is where the understanding of Risk to Reward comes in .... ----------------------------------------------------------------------------------- Special Note: There are too many currency pairs to trade ,,,,,,,,,, ( all with different personalities ) So I've decided long ago to only concentrate my efforts on just a few Usd/Eur----- Usd/Gbp ---------- Gbp/Jpy --------- Aud/Usd Nzd/Usd --------Aud/Usd ----------Usd/Chf ------------Usd/Cad ---------------------------------------------------------------- Ultimately , Trading is all Probability ,,,,,,,,,, Nothing is 100 % reliable You Win some times ..............and ..........You Loose Some times .......... NO ONE can get it RIGHT on every call ! So in the end , It's all about your Averages over time ! Questions are welcome ............