Came down another 10 pips. I still have some underwater shorts that I'm hoping to close for 60 - 70 pips.

My Learning Journey

And off we go downwards. If the pennant holds and it doesn't break 1.2875, then I'll long from there. But if it does, I'm looking for 1.27xx or 1.26xx.

My Learning Journey

Already closed this for 9 pips. Not gonna short AUDUSD, hurting my interest. Edit: It is dropping like a bomb now though. Already 48 pips if I had continued holding on to it. Let's see if it can break the 1.01 barrier.

My Learning Journey

Should have waited to replace it at 1.298 or higher. We have tested and seemingly failed 1.299. There are still stops above at 1.3 which have yet to be tested. A break past 1.307 would cancel out my wave counts and I will close everything. I guess I ...

My Learning Journey

Closed for 2 pips. Replaced short at 1.29674.

My Learning Journey

Its trying to break 1.296 now. I'm looking to see if I should close this at 1.29 and go long or wait for 1.27xx. Elliot Wave counts suggest either could happen depending on which is right. So I think this is make or break and it will tell us the ...

My Learning Journey

Shot up the highs of 1.2985 which was the same level as Tuesday. It definitely has the momentum to burst through 1.28 now if it wants to. It probably may not happen by today, but it has that power to do so. And I certainly hope it does. Edit: 50% of ...

My Learning Journey

We shot up to the highs of 1.2975, close to where we were on Tuesday for highs. As expected, when PA approached 1.293 from below, it overshot after consolidating. I took another short at 1.29652. Could have gotten a way better positioning but I ...

My Learning Journey

Connect the dots and number away

Chicky's Trading Method Viewer

You're not getting my point.

AUD/USD

To be honest, I'm not very good at it either. Right now I'm combining aspects of fibonacci levels, harmonic patterns with wave counts. I look at past PA of how retracement occurs. In small PA, whenever there is a large move, it will likely retrace ...

Chicky's Trading Method Viewer

Actually I'm getting bold. I'm looking for a 1.26 retrace. We have long forgotten this area where we simply ignored and shot past long ago. This area sits the 50% retracement of 1.20xx to 1.31xx. Wonder if we'll get there and bounce on it. Edit: ...

My Learning Journey

Where a lot of people make mistakes. They buy after a huge up move, put a 25 pip or tight SL. Price retraces 50%. They then sell at the 50% retracement. Price continues upwards. They get SL AGAIN. Sometimes it works, but sometimes... it doesn't.

AUD/USD

Check out what happens at 1.29337 each time price passes through it. When we're overbought, we go straight down. When we're oversold, we bounce off it. Right now we're overbought and we're back at the same levels. Edit: Also, the previous time ...

My Learning Journey

I would have to agree with you. It seems like it needs to make a new low below wave a count of 1.28 lows last week. After which we end wave c and we continue with a fresh wave of 3. Of which I think the very first wave will last us 1.3175 to retest ...

Chicky's Trading Method Viewer

Managed to close for a .4 pip profit and replaced it at 1.29376.

My Learning Journey

I'm looking for a higher place to place more shorts. Either 1.298 or 1.3 if it does get there. May just continuously scalp for now. Edit: Stochastics seems to be indicating a retracement of this move before a higher move. PA doesn't want to go below ...

My Learning Journey

Closed +9 pips. Going to focus entirely on EURUSD now.

My Learning Journey

I got this prediction thing going on before. It didn't really become the harmonic pattern but it did indeed retrace back to where I thought it might. If it goes down from here, I know where to take my profits at. Also I know where the bullish ...

My Learning Journey

My entry at 1.2935 was hit, and I was initially 20 pips in but got stopped at BE+1. How sad. I see two EW wave with 1 headed to 1.35 and another headed to 1.18. And here we are stuck in the middle of the ocean. Good luck and take care

Chicky's Trading Method Viewer