W wrmeeker Newbie Messages 9 Likes 0 Jun 8, 2008 #1 Light Crude in Wave 4 Correction? Mucking about with Elliott Wave analysis -- here's my Metastock chart. Comments/corrections/insights? Attachments Light Crude Composite Jul 08 Elliott Wave chart.jpg 634.6 KB · Views: 274 Last edited: Jun 8, 2008
Light Crude in Wave 4 Correction? Mucking about with Elliott Wave analysis -- here's my Metastock chart. Comments/corrections/insights?
W wrmeeker Newbie Messages 9 Likes 0 Jun 9, 2008 #2 USD/JPY entry Bought USD/JPY at 105.275, stop 105, target 106.3. Last edited: Jun 9, 2008
W wrmeeker Newbie Messages 9 Likes 0 Jun 9, 2008 #3 Bad idea -stopped out at 105.100. USD/JPY too overbought, despite rising MACD. Will probably go short, as long-term trend is lower.
Bad idea -stopped out at 105.100. USD/JPY too overbought, despite rising MACD. Will probably go short, as long-term trend is lower.
W wrmeeker Newbie Messages 9 Likes 0 Jun 9, 2008 #4 Pair did go to target overnight after stopping me out. Crikey!
W wrmeeker Newbie Messages 9 Likes 0 Jun 9, 2008 #5 (1) Stops not so tight next time AND/OR (2) Better entry timing
