Could someone please cross check count and estimates, thank you. I would value your opinion of wave-1 on the lower cycle as this looks rather complicated. I'm not worried about Wave-4 overlapping the bottom of Wave-1 as this can happen in highly ...

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Hi Basement, thank you for the query, I was just counting the waves on the lower cycle. This is all quiet unusual and I would exercise cation. My biggest concern is the angle of decent of wave-5 : this should not be if we are to change trend (I'm ...

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Just a quick "heads ups" for AN on the W1 TF. Looks like we recently had a Kumo-twist ahead of an anticipated Kumo-breakout. A classic Kumo shape for a possible change of trend to the upside. EDT: notice on the D1 TF how choppy PA is compared to the ...

Ichimoku Kinko Hyo

Just a quick glance on XAU (D1 TF). It may develop a strong TK-cross - everything is accelerating south - Kumo's converging (notice also the flat edge of Senkou span B vanished), Kijun is at a steep angle with PA, etc. We may have a retrace back to ...

Ichimoku Kinko Hyo

Hi MetaSecret, thank you for setting up this thread. I have a setup which I am monitoring and may develop into a trade for EA. On the W1 TF (first chart) we have an emerging Kumo break-out with the Kumo-twist already established (it was initiated at ...

Ichimoku Kinko Hyo

Analyzing the recent 5-wave move down (within a corrective ABCDE... pattern in the higher cycle). There are some interesting occurrences happening... 1. wave-5 is currently near 61.8 of wave-1. This is likely to change...? 2. wave-1 is only ...

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...just added a Trigger value [Trig] which is, by the rules, 1 pipette above/below previous days high/low... and an ATR% which tells you what percentage the current value of (MN_High - MN_Low) is with respect to the ATR(14) on the MN1 TF. This gives ...

Open Scalping Strategy

Hi Swilliam, I've been working on a 'new' indi for this thread. Just fixed some bugs with XAUUSD and indicies. It shows trade status, type, difference b/w opens (in pips), and spread. I'm adding a few more things hopefully... what do you think?

Open Scalping Strategy

Full credit to you XediAnakin and the other EW traders for predicting it!

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Good point! I was waiting for a scalp on EU which triggered and TP'd in a millisecond! It turns out on the 4H TF there was a change of polarity over the 1MN open

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Finally got triggered on EU +7pips : I really liked the PA but dropped the runner (too much unnecessary risk for the end of the trading week... the runner would have worked but you can't be too greedy) So, that makes it 7 wins for 1 loss this week : ...

Open Scalping Strategy

Just a tongue-in-cheek comment given the PA before us... You're absolutely correct about MM issues as CT periodically reminds us to trade safe. Someone once told me your trading safe if you can go to sleep with no thought of your trade.

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You would have to have nerves of steel... and a big account perhaps?

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... may I join you guys on the side there, perhaps a nice cup of Tea will do the trick. CT, I'm more than happy to admit my analyses was incorrect - long from a 61.8 retrace. Looks like the EW traders did well as yourself... any biscuits?

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Wave-5's are impulse and if we go to 61.8 of wave-3 it can be achieved quiet quickly... I'm checking my ichi on the 4H TF (at least for a weak TK cross)

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Looks like you guys got your wave-5! (skyhok, XediAnakin, etc). Already at 50% of wave-3 : expecting 61.8 fib proj perhaps?

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AChf -7pips (2nd entry worked but I didn't take it) I knew the PA was good here but it bounced off the trigger 3 or so times then 2nd entry shot through but had no time to setup & UChf +10pips : quickly done Looking at EU on the 1H TF ... this would ...

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When ever there is a need to play it extra safe I always think its a good idea to turn to Ichimoku (ichi). This is a 4H TF. Notice there is no TK crossover and the Kumo is diverging. Also note the PA is relatively far from the Kijun (which is flat) ...

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UCad, EG, GU, AN, EA, GA, AChf, AU, UChf, EChf, AJ, AU & EU all on Trade status... please cross check... Looks like NU triggered at some time ... totally missed this but it only gave 2.5pips anyway ... looks like aussie 200 would have worked + a ...

Open Scalping Strategy

Thank you so much skyhok!

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