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Thread: Elliott Wave Trading Discussion

  1. #26161
    kaori is offline Member
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    Marketwave,

    Are you looking to short soon eur-usd (your count) ?

    I noticed Aud-Usd have pretty interesting retrcement in here also (soon).

  2. #26162
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    Quote Originally Posted by Ilovepippin View Post
    Swingtrading is boring...
    So just took a scalp on the eurusd, gain 20 pips.
    If its boring ,
    then what do say about longer term traders who trade off of daily and weekly bars ?

    -------------------------------------------- ---------------------------- ------------------------------ --------------
    Last edited by marketwavez2; 08-12-2009 at 02:34 PM.

  3. #26163
    JKnPA is offline Member
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    Wink Honest man

    Quote Originally Posted by qsx View Post
    hmm, loss of 40 pips.
    Qsx,
    You must be an honest man, you post your losses!

  4. #26164
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    Quote Originally Posted by JKnPA View Post
    Qsx,
    You must be an honest man, you post your losses!
    Man learns much from defeat ............
    but, very little from Victory !

    ------------------------------------------- --------------------------

  5. #26165
    JKnPA is offline Member
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    Oh...........

    Quote Originally Posted by marketwavez2 View Post
    Man learns much from defeat ............
    but, very little from Victory !

    ------------------------------------------- --------------------------
    That's a little harsh............
    He had a Plan, and Traded his Plan........... sometimes you win, sometimes you lose( the trade). ..........
    * Could you explain the 3 'impulse waves' that made your Wave 5 UP ( 1.7500) ?
    Thanks,

  6. #26166
    Ilovepippin's Avatar
    Ilovepippin is offline Member
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    Quote Originally Posted by marketwavez2 View Post
    Man learns much from defeat ............
    but, very little from Victory !

    ------------------------------------------- --------------------------
    Trick is to not see trading as victory or defeat. It must be emotionless, no emotional attachment. Like flipping a coin.
    If you flip a coin and call heads, will you be disappointed if it were tail? If you were, was there anything you could do to determine the outcome? You know it can be only heads or tails and you cannot influence the outcome, there was no emotional attachment. So should it be with trading.

  7. #26167
    fazi's Avatar
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    Quote Originally Posted by Ilovepippin View Post
    Trick is to not see trading as victory or defeat. It must be emotionless, no emotional attachment. Like flipping a coin.
    If you flip a coin and call heads, will you be disappointed if it were tail? If you were, was there anything you could do to determine the outcome? You know it can be only heads or tails and you cannot influence the outcome, there was no emotional attachment. So should it be with trading.
    very well said pippin

    Patryk

  8. #26168
    mike3gdc's Avatar
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    Smile Being Fair!

    Quote Originally Posted by Ilovepippin View Post
    Trick is to not see trading as victory or defeat. It must be emotionless, no emotional attachment. Like flipping a coin.
    If you flip a coin and call heads, will you be disappointed if it were tail? If you were, was there anything you could do to determine the outcome? You know it can be only heads or tails and you cannot influence the outcome, there was no emotional attachment. So should it be with trading.
    come on guys,everyone knows what he means...that is Bush who you used to say "we will defeat the enemy"!
    do you even cconsider he might mean "mistake" or "loss" for the "defeat"!

    so what? he truned it philosophical into a life lesson!

    also I think that was marketwaves who brought the colture of honesty into forum that we all should disclose our losses and wins.we all make mistakes he repeatly says

  9. #26169
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    Quote Originally Posted by marketwavez2 View Post
    Gbp/Usd

    Chart Result --------------

    Good Morning ,
    Both Targets reached .............

    ===============================
    Elliott Wave Principle is a uncanny thing.it can creats wonders.

    Great charts and results.thanks for the input.
    Best,

  10. #26170
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    Quote Originally Posted by mike3gdc View Post
    Elliott Wave Principle is a uncanny thing.it can creats wonders.

    Great charts and results.thanks for the input.
    Best,
    I have sent you a PM ---- please read ....... thanx

  11. #26171
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    Quote Originally Posted by mike3gdc View Post
    come on guys,everyone knows what he means...that is Bush who you used to say "we will defeat the enemy"!
    do you even cconsider he might mean "mistake" or "loss" for the "defeat"!

    so what? he truned it philosophical into a life lesson!

    also I think that was marketwaves who brought the colture of honesty into forum that we all should disclose our losses and wins.we all make mistakes he repeatly says
    What ive been trying to say is to simply come back and post
    a result chart ,,,,, Good, Bad , or Ugly .......

    =============================================
    so that you can go back and review them at the end of the week .

    Studying your own charts is a beautiful thing that can help

  12. #26172
    kaori is offline Member
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    I made a loss today,

    Related for subject

    How do you all sounds so philosofical today or do I just imagine ?

    Was looking wave setup as marketwave for eur-usd to get 1,4300 and short from there, nothing bad anyway - stops were so tight.

    In fact I hate these wave setups we have now in all markets because I cannot track and trade anything big.

  13. #26173
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    Quote Originally Posted by marketwavez2 View Post
    What ive been trying to say is to simply come back and post
    a result chart ,,,,, Good, Bad , or Ugly .......

    =============================================
    so that you can go back and review them at the end of the week .

    Studying your own charts is a beautiful thing that can help
    I start then! althought didnt have new position today(first steps towards swingtrading!)

    Lesson of the day:

    1. Patience virtue...(i spent whole day in the Library)
    2. I messed up with my counts and some part of my capital...I should not jump too earlly.i should step in when i see 90% of a pattern.
    3. it is important to have a positive attituate towards things in life!
    4. one can master Money managemant by mastering Elliott Wave.i ordered Prechter's Perspective",
    5.If I dont undersatnd the Craft,the technique I lose money.FULL STOP!
    6.you dont need to post your chart very often.take your time and wait for more patterns.
    here is eurusd counts.got one right,one wrong!
    Attached Thumbnails Attached Thumbnails Elliott Wave Trading Discussion-eurusd-m30.jpg  

    Elliott Wave Trading Discussion-eurusd-m15.jpg  

    Last edited by mike3gdc; 08-12-2009 at 04:46 PM.

  14. #26174
    italm31 is offline Member
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    Guys,
    Is anybody watching the Eurchf. The week chart shows the ADX is about to break out of its shell. That means we could be looking at a monster move soon. The hour shows the probable direction. Were already in a correction so it shouldnt be long now.
    Attached Thumbnails Attached Thumbnails Elliott Wave Trading Discussion-ej081209-w.jpg  

    Elliott Wave Trading Discussion-ej081209-4h.jpg  

    Last edited by italm31; 08-12-2009 at 04:51 PM.

  15. #26175
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    Quote Originally Posted by italm31 View Post
    Guys,
    Is anybody watching the Eurchf. The week chart shows the ADX is about to break out of its shell. That means we could be looking at a monster move soon. The hour shows the probable direction. Were already in a correction so it shouldnt be long now.
    Hi Italm,I was thinking of the same sell off as wave C down.also you like 12,12,12,12 and I see as double zig zag abcxabc from all time high.please see the chart below.

    cheers,

    by the way,you used the term "daily low or hight".would you mind if you explain what that means? but I can see in equity markets but when that daily shift occurs on 24th hours FX Market?
    Best,
    M
    Attached Thumbnails Attached Thumbnails Elliott Wave Trading Discussion-erochf-weekly.jpg  


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