If someone is/was trying to show you s/he is a Wave expert on Youtube or Webniar or somewhere else. What you need to test is to let him/her show you where the 5 waves are located now ? You don't need him/her to show you too many trend lines on the charrts. Because Elliott never tells anybody how to draw a lot of trend lines.
It is forming a Gartley also. however, Gartley pattern not working well every time. To be safe,keeping your position open for only one day no matter whether or not price is reaching 0.382. If yes, when price is going up to touch the 0.618, place another order, keep it open for only one day no matter whether or not the price will reach 0.618. Try to place a big...
Right now, you should see a cross candle on the daily chart.No body is able to 100% know what the price will be going in the coming hours within today for sure. However, this early morning, there was a small double top, only based on which, by now 298 points, if you close your big order now, enough money already. The final purpose for you to trade Forex should...
It is also doing the flat correction after price touched 0.786. It might be the fourth corrective wave by Elliott, because it's hard to confirm/count whether or not it is the fourth wave. If yes, after this flat correction, there will be the fifth wave to touch or cross 0.886. So, if you open a position, it is safe to keep it open just for only one day, no more...
It is the same as EURUSD, which are both dominated by USD these days. It is doing the daily flat correction. Keep your position open for just only one day or close at the point you will be happy with the profit within only day, and then observe the first wave of the second correction to decide buy or sell. Meanwhile check Economic Calendar. It is also forming a...
It is doing a daily flat correction for the first correction. Keep your position opening only for one day and then monitor the first wave of the second correction to decide the buy or the sell. Meanwhile, check Economic Calendar.
When a bull & a Bear are fighting , there is only one result, which is either the bull wins, or the bear wins. Do u think the bear will win ? there has been a support trend line to support the price already, how can the bear win?
Now, Frankfurt & London market are opening, the bull and bear are fighting now. NY session will be opening soon. it's the good timing to make money! Place a big order now (1point = 500USD or 1000USD or more), close your order at the point you are happy with (5-8 hours). Trade well.
If you placed a big order ( 1point =500 USD) yesterday , by now you may well close your order, a lot of money. If you close your order until the price will reach 0.382, you will make much more money, which is almost 10 year's salary for those who are working for an employer everyday.
The Bull exhausted already now. It's time for the bear to eat the 0.382 retracement in case it will perform a flat correction or combo.
It must (have to ) go back no matter whatever fundamental events was recently. Nobody or no group/country is able to control the biggest Forex market in the world!
EUR must o back! I hv placed 5 big orders already, waiting for it's going back!
U should be able to eat up all the three coming waves. Do not miss any!
will retrace 0.382 twice, what u need to do is eat one of the retrace. It is enough ! I hv placed 4 orders in different brokers already