Hope everyone didn't indulge in too much bar action over the weekend Here's something I saw: Even though Gold seems to be trundling at the moment, there was a bona fide NZDUSD setup at a fib and wave target confluence, which I naturally saw 40 ...

james16 Chart Thread

This chart pretty much shows the ambiguity of the market and the same state I am in currently. We were rising so nicely in a price channel, fell out of it, tried to scramble and recover, then got the usual "bounce from the former s now turned r ...

james16 Chart Thread

Hey Peter, I've been worrying over this, too. I think my main problem is mixing timeframes too much. If I enter on a 1H setup which may be against the main trend and there isn't a reversal setup on the daily YET, then I usually expect my small TF ...

Mathematician's help needed...

Yea, also waiting to see whether or not we will get a confirmation of the B ends / tops and move down to see the Cs formed on EURUSD and GBPUSD... Realized a bit late that I had to update the waves for GJ in order to get them to line up with the ...

Low Risk, High Reward Trading Experiment

Well, we hit that elusive 1.3055. Perhaps we will get to our downwave 5 after all on the back of pro dollar revision? Counts are totally borked inside this madness for me, but if that high we put in holds who knows. "Benchmark revisions to NFP data ...

Low Risk, High Reward Trading Experiment

Hey Matty, that daily started the same time I started yelling out EURUSD and GBPUSD 5m,15m,30m,1h pins. But since there was a BEOB before that and on GBPUSD a bullish pin bar etc pp, I think this is just the market trying to say "I DONT KNOW WHERE I ...

james16 Chart Thread

Does that mean you'll be short GBPUSD?

Steviet's Live Trades!

Yea, looks nice, should eventually come back to 1.1200 from the looks of it. 1.1240 and lower will most likely struggle... Currently looking at a GJ 4h PB that isn't exactly super-solid but was originally supposed to work really nice...let's see ...

james16 Chart Thread

Since we're posting charts In case you find some spare time Itme, it'd be appreciated if you could take a look at these gigantic EJ counts. Some stuff lines up semi-ok, other is a bit more of guessing. Yen crosses are a total mess to count IMHO, ...

Low Risk, High Reward Trading Experiment

5M, 15M, 30M, 1h, 4h, 2x 4h PB. Will we get a daily?

james16 Chart Thread

Even though this count is about to be invalidated anyway I thought I might try to post one of my simple-dimples If that is a Wave 4 then a .618 retrace and a little bit near the strong C exit might be the next place to check out. Attaching chart.

Low Risk, High Reward Trading Experiment

USDCAD made a PB off the 50% and nimbly nabbed my stop. I admit, it was in the worst place and at a classic "trick me out" price, but still, this is the reason I stopped bothering with USDCAD, about as predictable as a woman during high ...

james16 Chart Thread

Hey Starfire, if the count for my ABC of Wave 4 is correct the 237.70 high was the end of a normal Wave C up to complete the complex Wave 4 correction. Yes, there should be a Wave 5 down and I also believe on a larger picture that we should reach ...

Low Risk, High Reward Trading Experiment

Hi Steve, wanted to ask this the last night already - when you went long EURUSD and short USDCHF, why did you keep the GBPUSD short? I mean, you effectively were saying long EURGBP and short GBPCHF that way Just seemed odd to me that you'd keep ...

Steviet's Live Trades!

Personally I just went short USDCAD once we touched 1.1787, the prior low. Usually we touch the last open/close, just like in this case. I am starting to view the bars open/closes as "jumping/diving boards" like at swimming pools. I think other ...

james16 Chart Thread

Oops, almost missed that in the posting frenzy! Thanks. It's nice to see you around again, hope you get well soon Take care, SeekingLight

james16 Chart Thread

Simple, in my reasoning if wave 4 is really to have ended at 1.3045 the last time we were there we are now far too close to it again for that to work out and we will most likely move past it. Anything past the .786 retrace of the last swing down to ...

Low Risk, High Reward Trading Experiment

Hi, just a question from me: Is this an attempt to trade the fifth wave down? I'm currently assuming we really did fail wave 5 down at 1.2875 and are currently in a wave 3 or C upwards. Wave A or 1 would be 1.2875->1.2983, Wave B or 2 1.2983->1.2925 ...

Low Risk, High Reward Trading Experiment

And finally my entry into the BUOB / DBLHC on 5m from the daily setup and using some of my recently acquired Elliot Wave ideas Still mostly guesswork, but if you watch the daily patterns of the 16:00-17:00 fix and the 19:00-20:00 fix which move ...

james16 Chart Thread