image I'll say : If you can see it, you can measure it, manage it and improve on it.

Trading Without Charts?

Patience is what I needed, too. Many do well with Gartley patterns, while I use Elliott Wave, both gives Fibonacci ratios of retracement. I'm sure there are other ones.

USD/JPY Discussion

Yes. Please tell me when a dull market actually finishes ? I'll sell.

USD/JPY Discussion

Technically, corrections will eventually be retraced by the next trending wave or 'resume trend'. Knowing if it's a correction is the 1st thing, 2nd is to analyze when that correction actually completes ; rather than relying on generalization like ...

USD/JPY Discussion

May be that's a good idea towards end of Friday session and spend time analyse the whole thing in the W/E. It's not gonna drop down much in the next few hours or does it?

USD/JPY Discussion

A chart would help greatly, thanks.

EURNZD

You've got it there, mate. It's coming back up for more shorts. It's just an amazing consolidation or retracement. image

USD/JPY Discussion

Touched on target @ wave (v) = (i), now heading up for a break of upper channel lines for confirming reversal. image

EURNZD

So much patience is needed for this week long monster of correction iv if only just completed with it's wave (c). Possibly heading up for a final run v. image

AUD/USD

Unless you're after the immediate bounce for intraday, buy the dip at wave (ii) bottom or right close to bottom channel line, and SL under channel line for invalidation.... plenty of R/R. image

AUD/USD

Hey! that's a good question I've been thinking about next. Looking at H4 chart, a typical impulse wave from 14th May high, with it's wave iv almost complete. Working with Fib ratios, the 5th wave v impulse could be heading down towards v = i, or ...

AUD/USD

Infinite variations as PA moves - here, a continuation pattern of 'running correction' with extended (b) wave, expecting further upside movement as it's doing now. image

AUD/USD

Here we go, last leg (v) of the whole zigzag from 10th November low moving towards (c) = 1.6182 of (a) or more. Wave count intact. image

AUD/USD

Major reversal with the completion of 3 months long correction [4] retraced more than 61.82 of [3]. Potential wave [5] up possibly extending for the coming months, to be confirmed at break of upper channel lines. image

EURNZD

Despite negative and sarcastic comments posted in this thread lately, I find this thread AUDUSD and any other FF threads very useful in sharing trade ideas. Those odd balls not knowing what 'sharing' means, have to be ignored. They think their ideas ...

AUD/USD

All jokes aside ? It's near termination of an (a)-(b)-(c) zigzag near 0.7290 for reversal. image

AUD/USD

That could be right; while fitting into a bigger picture, I'm working on the advance from 10th Nov as a a-b-c zigzag of wave [5] of ED (c). Anything is possible. image

AUD/USD

Present decline towards 121.40 looks impulsive for the beginning of a larger wave C down. image Longer term chart: url

USD/JPY Discussion

Present wave iv is not yet over & may retrace further before resume trend - chance for adding positions. Longs from 0.7030 and target 0.7290 still hold. image

AUD/USD