XAU/USD & XAG/USD - Gold & Silver Traders Thread | Page 2039 | Metals Mine

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XAU/USD & XAG/USD - Gold & Silver Traders Thread

  • #40,761
  • Mar 30, 2017 10:18pm Mar 30, 2017 10:18pm
Quoting skyhok
{quote} Potentially developing an expanding ending diagonal wave c retracement {image}
How the fuck you count that as 3-3-3-3-3? It's impulsive 5-3-5-3-5 and wave 1 is extended.
  • #40,762
  • Mar 30, 2017 10:20pm Mar 30, 2017 10:20pm
Quoting ajacid
IPMan, This ( from Skyhok) is looking pretty good to me : {quote}
His counts are different from me, but yes it is wave c retracement. I'm pretty sure it will touch wave b origin before jump to higer level.
  • #40,763
  • Mar 30, 2017 10:22pm Mar 30, 2017 10:22pm
Quoting skyhok
{quote} Potentially developing an expanding ending diagonal wave c retracement {image}
holy cr@p! Ellott Porn! Thanks Skyhok
  • #40,764
  • Mar 30, 2017 10:26pm Mar 30, 2017 10:26pm
Quoting IPMan
{quote} How the fuck you count that as 3-3-3-3-3? It's impulsive 5-3-5-3-5 and wave 1 is extended.
Cool down, mate!
Wave C can either be an 5-3-5-3-5 impulse wave or 3-3-3-3-3 ending diagonal.
Elliott Wave for optimum entry, exit and risk management of trades
  • #40,765
  • Mar 30, 2017 10:41pm Mar 30, 2017 10:41pm
Quoting IPMan
{quote} How the fuck you count that as 3-3-3-3-3? It's impulsive 5-3-5-3-5 and wave 1 is extended.
Ah I see what is the different, your last "wave 4" are wave a in my count
Attached Image
  • #40,766
  • Mar 30, 2017 10:49pm Mar 30, 2017 10:49pm
Quoting skyhok
{quote} Cool down, mate! Wave C can either be an 5-3-5-3-5 impulse wave or 3-3-3-3-3 ending diagonal.
I know, but that diagonal are too short for double zigzag or at least it doesn't even touch 61.8 fib ratio of wave a.
  • #40,767
  • Mar 30, 2017 11:11pm Mar 30, 2017 11:11pm
https://www.screencast.com/t/1XpfD4AtD
STAY HUNGRY STAY FOOLISH
  • #40,768
  • Mar 31, 2017 2:37am Mar 31, 2017 2:37am
Rebound from 1240, we got divergence on H1 which is nearly gone, i wanna wait till the end of H4 candle,which is in the next 1 h 20 min, hope it tells me something.
  • #40,769
  • Mar 31, 2017 3:21am Mar 31, 2017 3:21am
Quoting skyhok
{quote} Potentially developing an expanding ending diagonal wave c retracement {image}
Like your drawing but too many unforesee step ahead.
no matter what right or wrong, but the way you handle it
  • #40,770
  • Mar 31, 2017 6:32am Mar 31, 2017 6:32am
Quoting skyhok
{quote} Potentially developing an expanding ending diagonal wave c retracement {image}
let's see, I have count 6 out of 9 wave in wave 1. Your ending diagonal are not valid.
  • #40,771
  • Mar 31, 2017 8:03am Mar 31, 2017 8:03am
SELL SL @1242.15 Trailing 80 pips.
  • #40,772
  • Mar 31, 2017 8:09am Mar 31, 2017 8:09am
SL TAKEN. again short now, no sl trailing 80 pips :-)
  • #40,773
  • Mar 31, 2017 8:17am Mar 31, 2017 8:17am
  • #40,774
  • Mar 31, 2017 8:50am Mar 31, 2017 8:50am
Quoting MarkoTrd
lol, always expect triple correction
  • #40,775
  • Mar 31, 2017 9:39am Mar 31, 2017 9:39am
I am still keeping my short position on Gold open, it will likely fall back to $1,230.
  • #40,776
  • Mar 31, 2017 10:32am Mar 31, 2017 10:32am
another extension? if yes then wave 1 gonna have 17 sub-waves
Attached Image (click to enlarge)
Click to Enlarge Name: extension.JPG Size: 153 KB
  • #40,777
  • Apr 2, 2017 11:24pm Apr 2, 2017 11:24pm
Quoting IPMan
{quote} I've aimed 1126 already {image}
Tp changed to 1220. This bear is only correction of wave c.
  • #40,778
  • Apr 3, 2017 12:29am Apr 3, 2017 12:29am
Quoting RondaRousey
No one thinks GOLD will go higher?
From this price right now?
I dont think so.
  • #40,779
  • Apr 3, 2017 12:30am Apr 3, 2017 12:30am
Quoting RondaRousey
No one thinks GOLD will go higher?
Too soon, but yes it will go higher. After this down move it will go up a little bit and move down again without breaking 1220 level. Then you can spam bulls lol
  • #40,780
  • Apr 3, 2017 12:44am Apr 3, 2017 12:44am
Quoting mmo1991
{quote} From this price right now? I dont think so.
Price moved to allow all London professional 9-5 day traders to get good entry. (As often it does just before NY opening too) . I suspect price will (over the next (few) session/s) retest 1258 area, then down from there
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