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stevewalker replied Oct 13, 2012Hi Magix thanks for the valuable input yes long term is not looking for next 2 weeks. it should be year base. terms used here can create some confusion
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stevewalker replied Oct 13, 2012TY correct me if I am wrong you are also pointing up for the expected next move.
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stevewalker replied Oct 13, 2012Sir Thank you very much. actually here at FF there are many smart traders. with deep or shallow experiance. but I think they are not able to show their skills at other threads due to some strange types. this is a experinece exchange thread. as I do ...
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stevewalker replied Oct 13, 20121 H the right shoulder you ment occured due to end of week. if you go back to fiday I had said they will park price to 2949 level for weekend so it did carried up to that level. so it is fake move. most probably we will test the bottom TL on D1 ...
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stevewalker replied Oct 13, 2012
TY well explained I dont agree 4 H Reverse HS pattern. it is double bottom. but I agree with you on the direction of breakout which is up. ( already voted
) also I am expecting first, a bounce 2907/37 level and then up. Trading EURUSD only
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stevewalker replied Oct 13, 2012guys & gals poll important. it will give us a general outlook of how we think for the expected next big move do please vote TY.
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stevewalker replied Oct 13, 2012so you basicly saying price will break narrowing zone down. yes most of the traders are thinking the same way. we did not discussed the level it may go, but about direction.
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stevewalker replied Oct 13, 2012actually you are the only one who is predicting up move.
will be intersting to see your idea supported with chart. PS : & you may be wright Trading EURUSD only
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stevewalker replied Oct 13, 2012yes divergence shows the weaksnes of price for mean period. the question is if mean period is correct?
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stevewalker replied Oct 13, 2012if you can support your idea with chart will be appriciated.
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stevewalker replied Oct 13, 2012this is important IMO also if Greece will leave EURO this will give more strenght to EURO url
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stevewalker replied Oct 13, 20124xPIPAHOLIC where you gone on Friday afternoon?
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stevewalker replied Oct 13, 2012& more over we have a expanding zone @ 4 H chart. %50 level is 2907 which very close to daily narrowing zone %50 level. So I will be checking both for bounces for big breakout!
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stevewalker replied Oct 13, 20122937 is %50 of narrowing zone we will be looking bounces over/below that level to break out PS : 2937 calculated with actual printed fractals
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stevewalker replied Oct 13, 2012before start coding waves I hid fixed the actual code to determine narrowing zones. as > 4 H charts print less fractal I modified code to detect narrowing & expanding zones better on > 4 H charts
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stevewalker replied Oct 13, 2012yes the consensus is we are in a narrowing zone. & looking the wright direction & timing that it will break
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