ElliotWaves - Page 13

EACAN · #**121** (**permalink**) 08-08-2006, 08:51 PM

Okay Okay although i am but today i have proved to be a really newbie

you guys have missed me yelling to my brokers terminal words like
( close god dam .. close close hahahah ) anyways one could expect such a non-sense on news days such as NFP or today's FOMC .... This was what i was talking about instead of having a demo account if one plays with reall small money then will have a real market expierence my lot unit is really small but today i really felt market pressure which is a good thing since i want to in future start trading with normal standard account it's a good practise for me..

Position: well bought for the 116.00 lets see if stopped out no more trades untill i can come up with some counts with sense..

EACAN · #**122** (**permalink**) 08-08-2006, 11:17 PM

Quote:

Originally Posted by EACAN

Okay Okay although i am but today i have proved to be a really newbie

you guys have missed me yelling to my brokers terminal words like
( close god dam .. close close hahahah ) anyways one could expect such a non-sense on news days such as NFP or today's FOMC .... This was what i was talking about instead of having a demo account if one plays with reall small money then will have a real market expierence my lot unit is really small but today i really felt market pressure which is a good thing since i want to in future start trading with normal standard account it's a good practise for me..

Position: well bought for the 116.00 lets see if stopped out no more trades untill i can come up with some counts with sense..

I am closing my position here 115.35 Bid.... now i will wait..

EACAN · #**123** (**permalink**) 08-09-2006, 07:55 AM

Rebuying yen at 115.25 stop at 115.10 tp 115.75 this just part of wave1

EACAN · #**124** (**permalink**) 08-09-2006, 08:03 AM

Quote:

Originally Posted by EACAN

Rebuying yen at 115.25 stop at 115.10 tp 115.75 this just part of wave1

moved stop to 115.05

EACAN · #**125** (**permalink**) 08-09-2006, 09:01 AM

Quote:

Originally Posted by EACAN

moved stop to 115.05

closed here 115.35

EACAN · #**126** (**permalink**) 08-09-2006, 09:37 AM

Quote:

Originally Posted by EACAN

closed here 115.35

This is my latest chart for usdjpy and the reason to close at 115.35 ... the abc is smaller then the last abc of third wave so in essence either the 4th wave is done or this current upmove was just wave a of 4th wave.. again all these counts will change as market unfolds i dont want to stuck to 1 scene or wave count but this charts looks valid for the moment.. sorry in hurry the prices are turncated .. which one could just check from the MT4 platform
I'll reposition as soon as i have a signal..
EACAN..

EACAN · #**127** (**permalink**) 08-09-2006, 09:51 AM

Quote:

Originally Posted by EACAN

This is my latest chart for usdjpy and the reason to close at 115.35 ... the abc is smaller then the last abc of third wave so in essence either the 4th wave is done or this current upmove was just wave a of 4th wave.. again all these counts will change as market unfolds i dont want to stuck to 1 scene or wave count but this charts looks valid for the moment.. sorry in hurry the prices are turncated .. which one could just check from the MT4 platform
I'll reposition as soon as i have a signal..
EACAN..

I am shorting here 115.13 sl is 115.50 a riskier trade so 1 lot target around 114.50

EACAN · #**128** (**permalink**) 08-09-2006, 11:29 AM

For sure last move was 5-wave impulsive which marked the wave [A] of 4th wave as they say wave 4 is the ugliest wave ... this must be wave (a) of 4th [b] wave.. i know chart is easier than this so chart attached...

My plan is this i'll reshort at 115.59 if it happens today all stops at 115.85 tp 114.50... and if this just goes down to say 114.80-95 i'll closed there..and wait for retracement for wave b of 4th B to enter for wave 4 B's c... sheesh

Charts Please