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Raza replied Dec 11, 2012Resistence part is almost done.( price was below 1.2900 when posted) Price is Everything. Current resistence now 1.2977- 1.29888, Support is @ 1.2914.
Elliott wave outlook
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Raza replied Dec 10, 2012I dont think it matters. Price is everything if it makes a Gap it means something, it is realted to future price. In my opinion one should focus more on price then Pattern then EW. If EW fits and satifies the price point then you can label it ...
Elliott wave outlook
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Raza replied Dec 10, 2012How did you do that? Those candles above present price. here is another way to look at it.
Elliott wave outlook
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Raza replied Dec 10, 2012Hi, Lets see what happens....... 1.2977 -1.2989 Resistence Support 1.2827 Chart below, compare with 1hr EU.
Elliott wave outlook
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Raza replied Dec 10, 2012Daily Building Bullish Divergence,(EU) Support 1.2865 -1.2825 ( MAX)..below this it should be targetting 1.2681 first.( Gann 45* at 1.2850) Resistence 1.2938...1.2977( above this Bullish) to 1.3013 - 1.3106 and possible more towards 1.3283 to ...
Elliott wave outlook
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Raza replied Dec 5, 2012Hello Newbie, What you are saying is Useless! Show your Cycle Analysis then?
Elliot wave, Harmonic And Ichimoku in CHINESE STYLE
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Raza replied Dec 2, 2012I had been saying this for a long time and being mocked at. Even if it is not an ABC, but instead a 5 wave structure who is telling you to be in the market all the time. 🃏
Elliott Wave Trading
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Raza replied Dec 2, 2012Thanks Markus. I will do some live calls here for divergence at the very right time.
Elliott wave outlook
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Raza replied Dec 2, 2012Can't agree, I had been using divergence for over 4 years now. It plays out perfectly all the time in different Tfs.One needs practise. 2 Important things about Divergence: The important thing is to know the price level which I obtain from non ...
Elliott wave outlook
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Raza replied Dec 1, 2012No that's not the way to spot divergence . You don't go that far in time if you want to then may be yearly chart may give you some answer. On this chart you look to the left of the recent high or low on the stoch/ RSI( whatever you use) then you ...
Elliott wave outlook
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Raza replied Dec 1, 2012It needs practice. Then it becomes easier. Honestly speaking its not a problem for me this is why I answered your question. In trading it is my strength.
Elliott wave outlook
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Raza replied Dec 1, 2012In that case you look at the price then you look at the indicator . Different time frames will produce different amount of pips when divergence is playing out. If you want precise entry then you need to know the price and even better if you know ...
Elliott wave outlook
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Raza replied Dec 1, 2012You look @ indicator first then the price chart. You will never be wrong.
Elliott wave outlook
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Raza replied Nov 23, 2012Hi , What is wave 1 then? Compare the pips with Wave #1 to wave 3. Wave 3 usually is the longest among wave#1 and wave#5 in price and sometimes in Time as well.
Elliott wave outlook
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Raza replied Nov 23, 2012Your 3 in C wave seems to be the shortest . It can be Double correction WXY now in another X. Or it is in last wave 5 up ....which can lead to 1.3204 -10 at first then into 1.33 zone. But for that much of Bull to happen it has to Violate certain ...
Elliott wave outlook
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Raza replied Nov 22, 2012A very Nice chart DT.. Bottom limit is 1.2681 to go further down. Above 1.2995-97 it is something else.(IMO) Current support from 1.2899 seems to be @ 1.2827-28 and 1.2797.(These are the Buying levels if you believe it is Going further Up)
Elliott wave outlook