- Search Energy EXCH
- Merka replied Mar 15, 2021
It looks you are buying? On EU daily I can't see waveC 5 steps completed. What's your view guys on daily TF about the correction in progress? I put my view few posts above. Thanks
Elliot Wave Analysis
- Merka replied Mar 12, 2021
Agree I think EU need to make a new low to compete waveC. More or less what you have outlined yesterday.
Elliot Wave Analysis
- Merka replied Mar 11, 2021
EURUSD H4 chart attached. I was thinking the same about being on waveC (leg4) but some thing is not right anymore because we have leg4 coming into leg1 territory and this will invalidate the counting. The daily chart is not mine but this flat 3-3-5 ...
Elliot Wave Analysis
- Merka replied Mar 10, 2021
what is the benefit of using tripple exponential moving averages instead of the parisboy envelopes?
Analysis and Trading based on Envelopes, Waves, Cycles
- Merka replied Mar 10, 2021
I guess you mean EURUSD and not EUR index. If it's EURUSD I posted yesterday that wave C need to be completed and expecting further move down on daily chart. Agree?
Elliot Wave Analysis
- Merka replied Mar 10, 2021
Can you please write on your charts what pairs is it? Thanks
Elliot Wave Analysis
- Merka replied Mar 9, 2021
Here it is. Not convinced on waveA subdivisions into 5 waves. Wave C is not over because we need 5 subdivisions
Elliot Wave Analysis
- Merka replied Mar 9, 2021
I guess it's a sell signal that one when VTL was broken
Analysis and Trading based on Envelopes, Waves, Cycles
- Merka replied Mar 8, 2021
Very impressive. Keep going bro
CHEETAH Trading (100%+ per trade or up to 500% or more)
- Merka replied Mar 8, 2021
Understood now. To subdivide a steep wave it's necessary to go to lower TF if it's not clear enough on current TF.
Elliot Wave Analysis
- Merka replied Mar 8, 2021
Hi How can you subdivide that first wave into 5 subwaves? Reading book on EW theory so still at basic level
Elliot Wave Analysis
- Merka replied Mar 8, 2021
Looks 3 entries closed at TP. How much was overall return today (+20% or +30%)? Nice job man.
CHEETAH Trading (100%+ per trade or up to 500% or more)
- Merka replied Mar 8, 2021
Thanks Why you didn't considered this target I marked for TP and you went for the upper target? Price at that line could have easily reversed to you entry taking you out at BE or SL.
Real or Algo
- Merka replied Mar 8, 2021
Did not get properly your confirmation? You said directional momentum change. Do you mean high removed?
Real or Algo
- Merka replied Mar 7, 2021
You are on the right path in my opinion. If you have nice trade entries please share with us even after the fact.
CHEETAH Trading (100%+ per trade or up to 500% or more)