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skyhok replied Feb 3, 2016By hand .......... I use an EW software but still does not cover all the EW guidelines I'm using.
EURUSD
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skyhok replied Feb 3, 2016Stopped out on shorts near 1.0950. Now testing next level of resistance 0.6182 x 3 for the completion of correction 4 & resuming downtrend on 5 .......... with minimal initial position sizings image edit : level of retracement, not resistance
EURUSD
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skyhok replied Feb 3, 2016Just notice your post. While most other JPY pairs are poised for a final pushup, USDJPY is labeled as such. Present PA is very unstable, I rather wait for this correction 4 to complete at the top and sell with some certainty. image
USD/JPY Discussion
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skyhok replied Feb 3, 2016Only now is it moving lower on the 5th leg of ending diagonal (5) towards (5) = (1) image
AUDNZD
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skyhok replied Feb 3, 2016Not to worry, I have to change my mind as market moves along. It could be something like this now - a deeper correction coiling up for more extended upside : Exited my longs and waiting. image
Cable Update (GBPUSD)
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skyhok replied Feb 2, 2016Potential retrace at least 1.4370 (0.6182) for buying the dip. image
Cable Update (GBPUSD)
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skyhok replied Feb 2, 2016Yes, especially after last 2 weeks upward ending diagonal, it's gona be more like a shear drop in short time to the base of it.
AUD/USD
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skyhok replied Feb 2, 2016Do you go long when bulls are in majority and short when bears?
Cable Update (GBPUSD)
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skyhok replied Feb 2, 2016That's a good question. Correction 4 has so well coiled up in the last 3 weeks for a possible swift decline, I just scale-in with very minor initial positions & let them do the work. And add 'big' only when you see it 'run-in' to a trend, for a ...
AUD/USD
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skyhok replied Feb 2, 2016Minor wave count looks clear, pointing to a conservative target area (base of previous minor wave iv) for resuming uptrend. Or waiting bears in London session in waking up and join bulls? image
Cable Update (GBPUSD)
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skyhok replied Feb 1, 2016It's the previous prolonged and sharp advance that bulls are TPing until more bears are joining the bulls. Typical 4th wave scenario.
Cable Update (GBPUSD)
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skyhok replied Feb 1, 2016Retracing deep on a minor (iv) before a (v) push up. image
Cable Update (GBPUSD)