B/E point demolished...the only thing remaining is the TP...if reached...that will be 1:7 risk/reward. good pips to everyone.

Price Action and Trading Discussion

luis carlos, the elliot wave master from the euranalysis thread...long time. anyways, to add to flynchenberg post... not to repost myself...my take on the EUR/USD situation is that it is getting into decision time with NFP/ADP data on ...

Elliott wave outlook

ON EUR/USD...i have this to say. the breakout on the charts(below) could happen either way. however, the technical pictures favours a bullish move... fundamentally? spain rajoy will accept OMT? or not? wait till when? election tight, deadheat race ...

Daily candle chart

yes. to be on the safe side. at least two consecutive pullback bars. thank you, sir. i am most flattered. when i have enough time/energy. i will. most appreciative.

Price Action Observations

thank you, sir. most humbled. i was really hoping to provide up to the minute update...but i was rather indisposed at that moment...so i came in later... i tried providing the answer here. hopefully, it is clear: it is basically, which ever one ...

Price Action Observations

UPDATE: nothing much to add

Price Action and Trading Discussion

that makes sense...i wont be surprised if we get a bounce at 27.50. of course, 26.00 will be preferred. roro53 was discussing with me earlier...and we are both assessing the damage that sandy will probably have on the retail sector...not to sound ...

NYSE & Nasdaq

thanks for the replies, mr. split. i use t/s too...the stocks market definitely have more info than the forex market. and you are definitely right that after watching a stock for a while, you can sometimes intuitively tell what is going to do. i ...

NYSE & Nasdaq

more on FEZ — i have attached below, my technical outlook on the FEZ...yes, it is cheap historically, however, i will like to see the 34.00 level gets demolished. break the upside or break to the downside, we will just have to wait and see...

NYSE & Nasdaq

do the PBOC engages in re-hypothecation of their collateral like western countries does? because that will further mess things up. --skynet

Australian Bear Raid

previous chart: image UPDATE: i was rather engaged all day, i wasnt able to give update as it was happening...anyways...the trade is underway....and the charts below illustrated what i did. when price slammed into that point(1.54664) i looked, ...

Price Action Observations

that is a very succinct explanation. very good. it reminds me of your crystal clear explanation of WMD style back in 2011. i will want the pullback to be supported by confluence of TL and S/R....i trade 4 methods...i implement this 15mins/5mins bpc ...

Price Action Observations

WITH all due respect, those fracking bastard spawn can always come up with new stuff to say. never underestimate them. they can frack your shite up. U.K. gdp is 4.1%. like i have repeated elsewhere...it is because of the queen's jubilee? the ...

Australian Bear Raid

GBP/AUD. long bias: image

Price Action and Trading Discussion

split doesnt need this...but other people that may be interested.... stock trading books one up on wallstreet by peter lynch(fundamental) how to make money in stocks by william o'neil(fundie + tech) fire your stock analyst by harry domash(fundie) ...

NYSE & Nasdaq

thanks for the words of praise, sir. i am most humbled. i dont actively trade penny stocks anymore. the liquidity issue is...well...the problem. committing $5,000 at a clip was really pushing it...maybe, once every two to 3 months, you will see a ...

NYSE & Nasdaq

Methods are subject to interpretation...if you can nail it with a 1 bar pullback, excellent(perhaps, you can teach me.). My tolerant level is the 2 bar pullback. once again, there is one setting up in GBP/AUD right now...almost there...GBP fundie is ...

Price Action Observations

i dont disagree that i can use a wolfe wave...a little overshoot here and there, is not the end of the world...also, the channel can look a little bit like a forming, developing, halfway equilateral triangle(or a reverse megaphone)...things doesnt ...

Price Action Observations

my peace of mind. the smaller time frame is soo noisy....and the data feed can be different from broker to broker that i just prefer a two bar pullback. that is basically it: it is more conservative than a one bar pullback. of course, you can use a ...

Price Action Observations

split_unit. you read my mind. this is the kind of thing that i do. looking forward to this thread. excellent. finally, a place where i can discuss stocks and futures. --skynet

NYSE & Nasdaq