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11-14-2009, 05:33 AM
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NZD/USD
Quote:
Originally Posted by VINCY BALBOA
Awesome Brad, That Make a good Sence..
and it is good You are ELLIOT WAVE ROOM, it is better a Long Term trader is with Ew Company..
so where you Wish to Buy, Up to C..? @ What Price?
thanks
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Hi Vincy 
The bullish trend on the daily chart is far too stretched for me to consider taking on any long positions in NZD/USD ... I would prefer to take advantage of the short side of the market when that opportunity presents.. Price is severely stretched into the up side right now, so down side risk far outwieghs up side potential and we must keep that in mind for risk management purposes... If you're going to be trading the NZD/USD market with a long bias here, I say manage your risk well and keep your position sizing smaller... The bigger opportunity is the short side of the market a little higher up... |
11-14-2009, 06:10 AM
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Quote:
Originally Posted by brad_1199
Hi Vincy
The bullish trend on the daily chart is far too stretched for me to consider taking on any long positions in NZD/USD ... I would prefer to take advantage of the short side of the market when that opportunity presents.. Price is severely stretched into the up side right now, so down side risk far outwieghs up side potential and we must keep that in mind for risk management purposes... If you're going to be trading the NZD/USD market with a long bias here, I say manage your risk well and keep your position sizing smaller... The bigger opportunity is the short side of the market a little higher up... |
thank s Brad I am With you Keep Patient for long Term..
But
I have one Question Have a look Please http://forexforums.dailyfx.com/380059-post25392.html I had Expained In EU room , about Candle stick on weekly Chart.. And You can See Now The next trading Gave a new candle so It Might be LONG LEGGED DOJI. Bear...
I am bit confused does it the Time... And second now i am Educatating My self Of Candle Stick...
I alread readed The Japanese Candlestick Charting Techniques, Second Edition And Beyond Candlesticks: New Japanese Charting Techniques Reveale..
Now i am reading First Edition..
So do you Know any Good Candle stick book.
Many thanks |
11-14-2009, 06:17 AM
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Hi GUYS...
YouTube - vincy charts12
GOOD, BAD AND UGLY . VINCY BALBOA ALL CHART's.. Elliot wave, Ichimoku , Geometric And Techincal analysis..
Happy weekend..
BUT IT STILL LONG TO GO!!!
Last edited by VINCY BALBOA; 11-14-2009 at 06:39 AM..
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11-14-2009, 01:21 PM
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Eu.. Flat?
4 hour
zoom
1 hour
Last edited by VINCY BALBOA; 11-14-2009 at 01:34 PM..
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11-14-2009, 01:41 PM
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eursusd
1 hour chart, looking for H&S and drop to trendline.
If price breaks red line resistance this setup is invalid.
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11-14-2009, 07:03 PM
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Eur/Usd
Eur/Usd
Finding support an an End of Wave #5
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11-14-2009, 11:45 PM
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Quote:
Originally Posted by marketwavez2
Eur/Usd
Finding support an an End of Wave #5
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hi Marketwavez2
yes good it can go his corrective ..
good possiblity .. |
11-15-2009, 02:46 AM
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Quote:
Originally Posted by brad_1199
I'm not exactly sure which way the beast is going here yet, but currently the market is holding above an important long term fibonacci confluence zone, if the market continues to show support on this level, i will eventually be looking for a larger up side move shown here on the daily chart --->
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Really nice analysis. There is also an inverted h&s pattern there.
If this thing take off, will be huge. I suppose eurjpy will also be about the same, but right now, it is still in some range. Anyone have other their views of eurjpy? |
11-15-2009, 08:05 AM
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eurjpy 15min view
a possible h&s if price can break above
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11-15-2009, 08:07 AM
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GU
Comments are appreciated.
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11-15-2009, 08:12 AM
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Quote:
Originally Posted by Bull@bear
Comments are appreciated.
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instead of a b, i ii should be better
edit: what is your view on eurjpy?
Last edited by stanchiam; 11-15-2009 at 08:19 AM..
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11-15-2009, 08:47 AM
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I don't have EW count on EJ.
I had a quick look at 4 hrs. Regarding candlestick pattern, second from last is hammer. (low reliability bullish, which needs confirmation) Stochastics show up.
Based on my poor technical knowledge. Comments are appreciated.
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11-15-2009, 02:44 PM
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Quote:
Originally Posted by stanchiam
Really nice analysis. There is also an inverted h&s pattern there.
If this thing take off, will be huge. I suppose eurjpy will also be about the same, but right now, it is still in some range. Anyone have other their views of eurjpy?
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Thanks Stanchiam ---- GBPJPY is deffinately something to keep an eye on, If price holds support and starts trying to push higher, I'LL be aLL over iT Indeed, could be a huge rally hiding in there.... |
11-15-2009, 03:12 PM
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Quote:
Originally Posted by VINCY BALBOA
thank s Brad I am With you Keep Patient for long Term..
But
I have one Question Have a look Please http://forexforums.dailyfx.com/380059-post25392.html I had Expained In EU room , about Candle stick on weekly Chart.. And You can See Now The next trading Gave a new candle so It Might be LONG LEGGED DOJI. Bear...
I am bit confused does it the Time... And second now i am Educatating My self Of Candle Stick...
I alread readed The Japanese Candlestick Charting Techniques, Second Edition And Beyond Candlesticks: New Japanese Charting Techniques Reveale..
Now i am reading First Edition..
So do you Know any Good Candle stick book.
Many thanks |
Vincy as usual I can barely make out what you are trying to say in your post... Your english is hard to make sense of... I will show what I think is up on the EUR/JPY chart though... I think we'll see this pair continue to chop sideways for months yet, slowly dragging sideways and chopping without much direction... The daily chart shows a bullish triangle unfolding, i'LL be watching for the break out of that triangle to the up side... It looks to me like a 9 wave triangle is unfolding....
As for candlesticks, Just do a google search for "Japanese Candlestick Patterns" and read everything you can find, it's free and you'll find a lot of information... If you really want to get into candlesticks in depth, I suggest you check out Steve Nisons Website here --> www.candlecharts.com ... If you have funds to spare, there's a wealth of information for sale on his site...
Last edited by brad_1199; 11-15-2009 at 03:59 PM..
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5 waves, abc, corrective, count, elliott wave, ewi, extension, fib, fibonacci, impulse, prechter, retracement  |
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