Digger, I don't know what's going to happen, but I don't have to know. This is set up from my playbook and I will take it anytime. Of course, it's many roadblocks on the way up, first, minor wave (iv) has to be taken out...stop loss is very ...

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just for the sake of discussion... I don't know where A ends up or C until B is in place...

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or .........Pigs get fat and hogs get slaughtered......Agree Lucas. the most important is timeframe we trade and 'strategery'

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still in play...... url

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Digger I admire you. I couldn't be able to answer our fellow trader from Molenbeek so eloquently. Thank you...

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in order to make new high euro has to hold PRZ otherwise, my labeling is wrong and we have a different scenario. If the zone is busted we can expect flat correction ABC and will revisit at least 1.2300

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I wonder if some of you have ever heard of Dow Theory which is a basic guide for every technical analyst of financial markets..because I don't see any short trades on 30 min and up time frames. Scalping in both ways is fine on lower time frames ...

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switch to futures and you will have no problem to get into the trade on the next-to-last tick....seriously

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enough for now? time will tell.........

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still slight possibility the market will reach 1.2462

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Wow mbrown, Sigmund Freud would have a field day with you...chill out with this d**k measuring contest it's not the place to do so...just the thought. Good luck with your trading.

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I also see the play to the upside as long as PRZ for ABC correction holds.

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Beyfor, what would you say about this labeling? I am more in line with stringfx view right now but hey tomorrow market can prove us all wrong...we never know what happens next so we trade what we see.

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my 2 cents how I see ABC correction.....

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Evo, you misread my post. Just for the record, I have never wished anyone to fail I am always ready to help in any way I can. Today I didn't trade too much just 2 trades, one during Tokyo session and the other during afternoon NY time +24 +14. Like ...

Ratios & Harmonics: a Different Way to Trade

Evo, absolutely awesome....I need to pick up on my game otherwise you will think you don't have competition here....lol

Ratios & Harmonics: a Different Way to Trade

bmdenton, I understand your chart quite well, I only don't see the relation between 38.2% retracement of a prior move to the downside with your stop loss.... do you have stats how many times in this particular situation your stop loss (trailing ...

Ratios & Harmonics: a Different Way to Trade

waqz, nice job, I took this same trade...

Ratios & Harmonics: a Different Way to Trade

bmdenton can you help me to understand what is the correlation between 38.2% retracement of the prior move down to your stop loss from the stand point of technical analysis of the current move up?

Ratios & Harmonics: a Different Way to Trade

Evo you did superb, I was sitting and sweating on the pain train for a while

Ratios & Harmonics: a Different Way to Trade