Elliott Wave EUR/USD

This is a discussion on Elliott Wave EUR/USD within the Trading Journals forums, part of the Reception category; Originally Posted by hwsteele It was a nice 200 pip ride down Thanks HW, It's about to go down again. ...

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Old Jun 24, 2010, 3:55am   #97
 
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Re: Elliott Wave EUR/USD

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Originally Posted by hwsteele View Post
It was a nice 200 pip ride down
Thanks HW, It's about to go down again. I just went short targeting the .8575.
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Old Jun 24, 2010, 3:55am   #98
 
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Re: Elliott Wave EUR/USD

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Hello mate just had a look through the Journal. Looking good liking some of those ABC patterns in line with fibs. Very interesting stuff.
Thanks for the nice comments Pozzy.
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Old Jun 24, 2010, 4:18am   #99
 
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Re: Elliott Wave EUR/USD

This is so freaky. I'm going to stop reading your thread--LOL. The bottom of the daily cloud is .8578. I was planning on exiting at that point, then jumping back in after the bounce. You probably know this trade has been taking me all over the country, so I'm tired of looking at it on my platform. Even at that point my positions on aussie and the kiwi will still net some nice pips.
Dave, excellent job! Keep up the good work!

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Thanks HW, It's about to go down again. I just went short targeting the .8575.
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Old Jun 24, 2010, 4:23am   #100
 
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Re: Elliott Wave EUR/USD

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Originally Posted by 4xpipcounter View Post
This is so freaky. I'm going to stop reading your thread--LOL. The bottom of the daily cloud is .8578. I was planning on exiting at that point, then jumping back in after the bounce. You probably know this trade has been taking me all over the country, so I'm tired of looking at it on my platform. Even at that point my positions on aussie and the kiwi will still net some nice pips.
Dave, excellent job! Keep up the good work!
I'm telling you this is very crazy the way it all lines up. Even better than that is the fact that my channel is Andrew's Pitchfork...LOL. I think newbie would be proud.
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Old Jun 24, 2010, 4:40am   #101
 
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Re: Elliott Wave EUR/USD

Actually, the thought crossed my mind if you were using the pitchfork in that instance. It definitely resembled it, and I know you follow newbie's posts a lot.
I mentioned in our chat room that we had a few years ago that the ichimoku automates S&R's and Tl's that otherwise you'd have to look for and take time plotting them. I am not a TL, EW, draw a bunch of lines on my graph type of trader, but it is amazing how it all lines up.
I remember when in 2007 when I was developing my methodology that would include the ichimoku, but was still pre-proprietary S&R's. I noticed how thing were lining up with Max's EW forecasts. My being the developmental process, I was afraid to pull the trigger, even in a lot of obvious setups, but I would do it on my demo. On a Thursday and Friday "The Great One" got 1,000 pips. I got 600 using the ichimoku on the same pairs he trades, but nothing on my real account. Still, it was a great experience. I learned how closely relevant the ichimoku and my S&R's are to the EW.
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Old Jun 24, 2010, 4:43am   #102
 
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Re: Elliott Wave EUR/USD

JahDave started this thread I just sold some euro with a 50 pip stop looking for the 1.2100 hopefully
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Old Jun 24, 2010, 4:46am   #103
 
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Re: Elliott Wave EUR/USD

I do believe I may do the same come midnight my time.
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Old Jun 24, 2010, 7:17am   #104
 
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Re: Elliott Wave EUR/USD

Hello JahDave,

Absolutely! Newbie is very proud that you had an open enough mind to try. It is amazing how all the lines line up . I saw you draw another fork which I copied and drew a burgundy fork the Andrews way, using alternating high-low-high.

Great job first-timer! There are many rules of application and interpretation to gain the most benefit, but at least you have seen it for yourself. Now others can see I am not just making these lines up LOLOLOL...not that anyone has said so.

Keep up the good work!

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I'm telling you this is very crazy the way it all lines up. Even better than that is the fact that my channel is Andrew's Pitchfork...LOL. I think newbie would be proud.
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