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    • Bk55 replied Jul 11, 2019

      eur usd made 2 higher high swings daily dow theory daily traders might long it here i guess but weekly swing is down made lower low with a 61.8 retrace with weekly evening star candle formation back through 50 and 38.2 subjective but if dow was ...

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    • Bk55 replied Jul 11, 2019

      1.12522 nice eliot wave cycle h1 5 waves down i missed the 4th wave triangle short shame but looking at it now this will possibly give a flat correction here and stay under the 38.2 cant rule out the 50 though. or it will fail lol

      General Trading Chat / Ideas
    • Bk55 replied Jul 11, 2019

      Elliot wave is great in my opinion subjective yes but there is still some nice set ups and patterns just take what works for you from it its like any system you cant take every one. same goes for harmonics just add a filter like a moving average ...

      General Trading Chat / Ideas
    • Bk55 replied Jul 11, 2019

      Lots of traders holding there longs GU it looks grim to me glad im not buy and hold trader i have a friend whos been buying all the way down he even topped up his account due to margin crazy in my opinion. I will take a short EU on daily about 9;30 ...

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    • Bk55 replied Jul 11, 2019

      yeah 50 is good spot for swings the 38.2 can catch some nice strong moves aswel though. above the 61.8 i leave them i know many harmonics go 78.6 and 88.6 but my testing shows after 61.8 lowers the chances but thats my subjective views but saying ...

      General Trading Chat / Ideas