this is based on ew count . for any who likes eur/aud

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au short still on and if it goes up to 1.0595 i ll add on

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thats how we got 1.31 to be wave b

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i couldnt show them as there on 1m

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the decline is in 5 waves as it retraces to 50 or 61.8 fib i ll go for a short sloss 1.31

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i wouldnt as i think it s going down to the other side 1.29 area but this is an opinion and i could be wrong gl

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the trade is going well its more than 100 pips on the first sell so we could half the position and we ll add on pullbacks . eur/aud is going up in a correction and im watching to get to 1.244 area for a short

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may be wave b of b is finished or we could have another high 1.31 before the decline

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good luck

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i ll stop the short if it upset you i didnt realise you r long so soorry but the answer could be in eur/aud short term as its in a correction to the upside i m more into shorting aud than eur

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sloss moved to 1.5031 the sell stop is triggered

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justify what it s all in the chart

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thx luis what do you think of the move eur/usd from 1.288 as i think it will to 1.308 to form the second leg wave b of a traingle

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im taking a short on au. ill be watching 50%fib 1.0506 as the leg from 1.04611 is finished

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the sell limit was triggered and its going down for anyone who took the trade gl

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i m not offended and very nice chart and dad did a good job and trading cant be defined in one system or one tool trend lines channells fibs support and res. are just part of it and no way that ew theory would be able to predict the future .

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well i just showed an upper trend line and thats nothing to do with ew theory and thats the way i draw them . but if you draw them different thats ok and i have no problem with that . chill out wolfy

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your dad is right cause he is your daddy

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there is a trainglar ttrend line and the price willbe around 1.0560

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this is a trade for the holidays hoping everyone have a happy one . i m watching gbp/chf for a while and this could be a winner

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