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Hello Einar!
I had a problem with ODL crude rollover this week because of a system error and I have to say the way they handled it was really good and very fair to me.
I would recommend them just based on the way they resolved my problem.
Nicola
Hello!.\
.........
PS - My charts look a bit different because I am using candles and trying to learn price action. Still traded with the strategy tho.
Hi Nicola A,
I like price action to, so I did Heiken Ashi in separate window.
Hope it will help you to trade with the strategy.
Hello Einar!
I had a problem with ODL crude rollover this week because of a system error and I have to say the way they handled it was really good and very fair to me.
I would recommend them just based on the way they resolved my problem.
Nicola
Hi Nicola,
Yeah, I was in the chat room when you came in furious about that and then later very happy about how professionally they handled it, that is actually a very good recommendation.
AUDUSD
Forming a head and shoulders pattern. When neckline is broken, there is possibility of 100 pip move. I'm no EW expert but it looks like the final 5th wave down is yet to come once it clears the triangle it is currently in.
I'm still short.
CHFJPY - same EW scenario
EURGBP EW looks much clearer (said the blind man!). You can see waves 1, 2 & 3 and the A-B-C of wave 4. Now trapped in a triangle and at 50/61.8% Fib support so everything is telling us to expect the 5th wave up.
EURJPY EW looks complete and ready to start anew. Also trapped in a triangle.
EURUSD EW not as clear might be waiting for the final correction up in wave 4 before the dive down for wave 5.
GBPCHF Looks to have completed wave C of 4 and readying for the 5th wave down. Also trapped in a triangle.
GBPJPY Looks to have completed 5 waves down and a simple A-B-C and has formed an inverse head and shoulders in the triangle. If correct, a 2270 pip move can be projected when it breaks up and out of the neckline.
GBPUSD Same scenario as GBPJPY except a 1900 pip move
USDCAD Seems like its in a complex wave 4 and if so, wave 5 up should follow, Also, its in an ever tightening coil so a 1540 pip move when it breaks up out of the coil.
USDCHF Can't figure this out, the move down to 1.0366 caused the EW pattern to fail. Its making lower lows and lower highs so......
USDJPY Looks to have completed 5 waves down and a simple A-B-C and has formed an inverse head and shoulders in the triangle. Also, its in an ever tightening coil so a 745 pip move when it breaks up out of the coil.
Don't base any trades on this, I'm not. I need to see more action and direction first.
I don't normally do EW analysis as it is soooooo subjective - you can put Procter and Frost in the same room and neither will agree on the same EW configuration. The MAIN problem with EW analysis is that you don't really know where to start and because of that there is always an alternate wave count.
Sorry for wandering off topic, Zak, won't do it again - I promise!
I'm still struck ling with the short time frame's, and cant stay of the keyboard during chat hours.
Now my capital is down to 41,5% I will take time out and work on my longer time frame set up.