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aeternum replied Oct 15, 2012Hi, how did you draw the rectangles in MT4? All I could draw were those filled ones. Or is that paint?
Price is everything
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aeternum replied Oct 15, 2012Looking at a Bullish Crab set up although I'm not sure if it would work. And if it does, I missed out a good 70 over pips by shorting too early. Either way we can see 1.27791 or 1.2655. After which indicates a strong buy signal. I will wait to see ...
My Learning Journey
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aeternum replied Oct 15, 2012Re-entered short again with an average of 1.2904. Again, could have gotten better positions but I was afraid that PA would continue going down and not go up for a better entry. Edit: Could have gotten a good medium short at 1.293 if I bothered ...
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aeternum replied Oct 15, 2012Something to remind myself: Always look at lower time frames before opening or closing a position. ALWAYS.
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aeternum replied Oct 15, 2012Closed for about +46 pips at 1.2904. Looking for better entry now. Missed out the 2nd drop. Should have held on to get another 10 pips.
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aeternum replied Oct 14, 2012More of the start of 1-2-3-4-5. A looks more like 1 after A B C down move.
Elliott wave outlook
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aeternum replied Oct 14, 2012Risk reward better going short now than reverting to long at 1.29-1.2925. Going to just hold on to it and see what it does. Will not go long until 1.27xx. May TP at 1.26xx if it gets there.
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aeternum replied Oct 12, 2012AUDUSD: The number of net longs are decreasing significantly for the past 2 weeks. We are somewhere at the stage of about 24-31st July where we have about 65 - 69% net long. Except that USD was 61% then. COT for USD is rising and it has room to rise ...
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aeternum replied Oct 12, 2012Another seriously straight forward trade. Yen's just lost about 10% in COT net longs. That means we're going more bearish on Yen but that doesn't mean we don't have room for any upside. Either way that pennant looks good.
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aeternum replied Oct 12, 2012Took a look at USDCAD. Seriously? CAD's COT is seriously overbought right now. Seems like we can smack this pair higher. Whoever longed at 0.96324 when QE3 was announced is seriously lucky.
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aeternum replied Oct 12, 2012This is why this PA is so important now. There have been about 3-4 different scenarios I've seen with elliot wave and thus far at the current PA, all of them are valid. Unless we break higher than 1.307 now, then 2 of them immediately become ...
Elliott wave outlook
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aeternum replied Oct 12, 2012I've always wanted to visit this forest. Awesome pics. Hope you're enjoying your vacation.
E.&O.E.
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aeternum replied Oct 12, 2012Suspect this up move has something to do with EURAUD. Also noticed EURAUD hit 1.25173.. which was one of my TP areas. Could have taken a really good 300 pips there if I hadn't made a mistake of moving my stop loss by mistake and not willing to ...
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aeternum replied Oct 12, 2012Perhaps I should have claimed my 27 pips and waited for a better position to throw everything in. Hopefully it doesn't break my BE+1 when I'm asleep and shoot down. This is really a make or break. If it goes up from here, it could decide EURUSD's ...
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aeternum replied Oct 12, 201240 pips down after a long rejection wick above and we're still overbought. Just go down already.
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aeternum replied Oct 12, 2012I went all in now with an average of 1.29506. TP between 1.2725 - 1.276.
My Learning Journey
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aeternum replied Oct 12, 2012I'm looking for a 1.27xx level here. Then we can go higher. Wasn't expecting the overshoot at 1.298 today. Cheers
Chicky's Trading Method Viewer
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aeternum replied Oct 12, 2012I have an average of 1.29252 short here. May close half at 1.2895 or place a tight SL in case of a bounce. Still looking for 1.27xx.
My Learning Journey