Hey Money, Whats the view now at the end of the month after the news this morning. Cann't never tell by the initial price movement. I still maintain the bullish outlook and see the currend drop as a bottoming point befor the next rise. As long as ...

Fundamentals Rule!

My trade was stopped out last night with e-trailing my s/l. +18 pips. Price came into resistance on the daily chart at the 55 ema. I expect the price to remain in its current range for the remainder of the week. I don't belive my bullish view will ...

My trades by Dave

thanks for the kind words Kolachi. I have much respect for you. I will visit frequently Dave

My trades by Dave

EWOCCI signal long given at 1.2712 enter when signal candle closes. s/l 1.2655 below las major support. I am already in from this morning so this is confirmation of first trade. And oppertunity for second position. edit: here's chart entry varified ...

My trades by Dave

Here's the over all chart again. Dave

My trades by Dave

Ok based on the above methodoligy here is my latest trade. Placed befor news. "I hate news trading" But I didn't want to miss out if news triggered a fast sharp move. entry: long eur$ 1.2697 s/l 1.2640 (below newly found major fibo support and major ...

My trades by Dave

Here is another clip on triangles. It has just a little more in it than the last. I keep posting about them because they mark important points in the market. And are good to know how to trade tham.... If you're new to Elliott, here's what you need ...

My trades by Dave

yea that would be good. I'll see if I can get it done for us.

My trades by Dave

well theres that trend line bounce I was talking about. gotta get myself off that 1 hr time chart once trade is made and keep an eye on support resistance. I just posted this too right befor news. O well. If I am correct the next ewo signal long ...

My trades by Dave

-20 +7 -13 pips total... pulled back and hit sl too soon. mabe shoulda moved sl out some to allow retrace. we'll see if it goes down further. Don't like moving s/l further out once placed. Dave

My trades by Dave

hedged entry 1.2695/97 s/l 20 pips either side. e-trailing will trail to b/e when a s/l is hit and trail every 2 pips after dave

My trades by Dave

revised wedge count. didn't have trend lines correct. wave d doesn't look complete. This wave down can go further and bounce off trend line. I have an entry in tight s/l news is comming. didn't realise it untill after i entered. "DoH" Dave

My trades by Dave

here is the daily on the big wedge count. where will wave E go? stay tuned...... Dave edit remember the quote I posted above....e can under shoot as well as over shoot. Makes it hard to enter on a wave e if it undershoots.

My trades by Dave

its based on harmonic patterns. The retrace down was 61.8 and it turned up. This is based on a,b=c,d. Once reaching this projection point would give way to a very big wave down past where we are right now. If you see I quickly added that the move ...

My trades by Dave

I need to add that the above post is mid to long term. The price in the short term can still dip to 1.2700, or 1.2670 or even back to 1.2625 brfor going to the projected target. Dave

My trades by Dave

This is where we should be going with the price in the next month and a half. Price target 1.3135 range. In october. Dave

My trades by Dave

Absoulty correct. Problem is that the fast spike completeing a wave can be hard to read because it ends up being just a shadow high/low of 1 candle. And its hard to enter on a move like that. Once the day or week moves on then it becomes apparent ...

Elliot Wave Trading

yea your right. and opposite signal on usd/chf. But if you take the 2 or 3 signals you can double or tripple losses. This is why I try to stick to 1 pair. the posted charts gave good signal, but I missed out. They looked like a 0 line bounce there ...

My trades by Dave

and heres GBP.....

My trades by Dave

looks like ecocci is setting up for a possible signal on euro$ and gbp$ just waiting for CCI to cross. heres euro Dave

My trades by Dave