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doblece replied Oct 29, 2008The system works on any timeframe... but you won't have setups on every one of them, nor every setup seems to be accurate (that's why I posted the chart of what I would consider a fairly accurate and "by the book" setup, in June - H1) At the present ...
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doblece replied Oct 29, 2008I guess that the ones that are on the time frame you usually trade on... Haven't had differences on time and price points as to the zoom scale, though. They show the same.
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doblece replied Oct 29, 2008Seems roughly so... but I have that setup on H4, doesn't show on Daily. However, lines 1-3 and 2-4 diverge, so I don't think they would finally converge for the hypothetical timing? Look at monthly chart... mine gives a down target at about ...
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doblece replied Oct 29, 2008Some screen shots comparing the three indicators at hand: 1 and 2 (both found on above mentioned thread) 3 (posted by ToBe - is the same Akuma mentions in the Wolfe thread) 1. 0_WolfeWave_04m.ex4 Very much documented with what I think are fib ...
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doblece replied Oct 29, 2008Here's a website I found with a simple but thorough explanation on how to calculate Wolfe Waves: url
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doblece replied Oct 28, 2008Thanks so much for the reference to the Wolfe Wave... really amazing... and pretty much accurate indeed! Learned something new today
Will research further.EURUSD
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doblece replied Oct 28, 2008MB Trading is an ECN... GCI is a Market Maker. I think ECNs are better but haven't researched enough on those two to give you an appropriate answer. Don't know if it can be of use but you can compare the features here: url url MB Trading allows ...
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doblece replied Oct 21, 2008I don't think he's hedging as a security measure, he seems to be doing both long term and intraday trades. Hedging is awfully dangerous and one does almost always end with a higher loss than if just closing the losing position on time.
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doblece replied Oct 18, 2008Here's another interesting documentary about Peak Oil and lots of articles to download: url
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doblece replied Oct 16, 2008Indeed. A lot of interesting articles and discussions on their blog and forum as well.
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doblece replied Oct 16, 2008Just a thought... I would advise to be very careful with longs around USA opening, as that particular time of the day has been systematically showing a massive drop after an apparent ongoing uptrend for the last three days.
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doblece replied Oct 16, 2008Found this interesting series of videos from this post in the News section: url Worth watching.
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doblece replied Oct 16, 2008Adding that 1.3871 is 38.2% retracement of last downmove from 1.4864 to 1.3257. (61.8 is at about 1.4250 and would coincide with the 500 pips up move from the bigger H&S neckline if this one settles at around 1.3750...)
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doblece replied Oct 16, 2008My views for today (before US open) is of a possible inverted H&S on H1 and waves 1 to 5 completed to the downside from 1.3770 to 1.3345. Next: waves A, B, C to go: - 1.3500 (neckline) then down to - 1.3420 (right shoulder) then back up to - 1.3680 ...
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doblece replied Oct 15, 2008What I see in 1H chart is a kind of "matriochka" H&S: one smaller (which also conforms the head of the next one) inside the other bigger, with a neckline at about 1.35. That would bring us down again to test the lower low... and maybe make a new ...
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doblece replied Oct 15, 2008Please note that this is only my own reasoning, it seems to be the most logical and coincides with what Mikkom said but I also could be wrong.
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