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Crassius replied Jan 16, 2013Scratch that worse case count... The Nowatny comment mini-rally scratches that.. I've moved my stop back to 3238... If the support zone eventually gets taken out after testing and bouncing out twice, then I want to be flat because the market will be ...
Euro/Dollar
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Crassius replied Jan 16, 2013EURUSD of course is in the much discussed major support zone of wave 4 of one lesser degree... one problem I see here is that everyone.. and I mean EVERYONE's stop is going to be in the same place... just near 3240.... It may prove to tempting a ...
Euro/Dollar
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Crassius replied Jan 15, 2013Lowering this profit target to 88.98... If C = A this swing, as it often does max extent of current upswing = 89.06... I'll book the profit just ahead of the figure should it make there.
Euro/Dollar
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Crassius replied Jan 15, 2013Just closed these - 1 pip... They more or less did not budge during the risk off swoon... dont want them overnight...
Euro/Dollar
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Crassius replied Jan 15, 2013Its good stuff.... I was avoiding Elliott Wave for the longest time because it can be so subjective, and you can't back-test to see any kind of quantifiable results... but over the years it has gone from a tool to decide long term trend bias to my ...
Euro/Dollar
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Crassius replied Jan 15, 2013Pulling the stop loss up to BE 89.30.... looks like USDJPY is best counted as five down... means deeper losses than my entry.... target on the last half remaining lowered to 89.10
Euro/Dollar
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Crassius replied Jan 15, 2013Closed half of this at 88.90 +60 pips... leaving the rest as is... free trade +10 pips if I don't move my stop loss up... Risk of return to entry point is high... even lower is also likely as this entry was at the very top of the likely buy zone...
Euro/Dollar
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Crassius replied Jan 15, 2013Unfilled NZDUSD orders cancelled... going with the load I have so far.... Looking as low as 8345... will take some off earlier and move stop to BE...
Euro/Dollar
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Crassius replied Jan 15, 2013Shorting NZDUSD current levels 8380 layered back to the 8400 figure...
Euro/Dollar
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Crassius replied Jan 15, 2013Layering buy limit orders between 3310 and 3280 for an average basis of 3295, stop below 3240... If ending diagonal forming, will be an explosive move upward from its terminus that should eventually lie in the that zone. Ending diagonal is only ...
Euro/Dollar
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Crassius replied Jan 15, 2013At this point I can't see an Elliott count that would indicate the end of correction yet.... Most obvious count puts only three waves of C complete... wave 4 of C forming now (We trade 1.3328).... then need one more push lower to put in wave 5 of ...
Euro/Dollar
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Crassius replied Jan 15, 2013Stopped out... larger correction underway to at least 3300.... I prefer buying 3280/50 zone as discussed here... big bounce from the 3300 figure may tempt me in...
Euro/Dollar
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Crassius replied Jan 15, 2013Stop loss set 87.80, beyond support band ahead of 88.00, and below prior basing channel top. If stopped out will look to reload much lower... better to let it go...
Euro/Dollar