Thread: Closed: Discuss EUR/USD News with a DailyFX Analyst

Hi Ayo,

I thought this vidoe might be of interest to you and others YouTube - How does Ichimoku have Gann, Elliott Wave, and Fibonacci Theory build in?

Please note that by no means I'm endorsing his views on 5th Wave being shorter than 3rd but if we leave that topic as open for discussion then there is quite a lot to learn in the video.

Also, he raises a very interesting question in the video where he reckons that the Institutional Traders are usually the ones who are trading Wave-2 to Wave-3 cycle but Retail Traders end up trading Wave-4 to Wave-5 cycle only ...

Cheers,
Asher

Originally Posted by AyoBro

I know there is a big relationship btwn Ichimoku's Kumo Cloud and EW's Waves, that's why I'm so fascinated with the clouds. Delta and EW makes me feel the same way. All three are a match made in heaven. I can remember you putting out some really good stuff for all types of indexes and currency pairs. I think you were my secret, LOL. I suffer from entering at the right but exiting too early, shoosh, that's a secret too. I'm going to learn up on the cloud, so when you do return expect some questions. Thanx man, in advance for your mentorship and friendship.

A-Yoooooooooooooo

Originally Posted by dhan1163

Hi, Good morning, Mr. Greg

E/CHF is going down to 1.30599-1.30159 before continuing going up.

Thanks

If you don't mind me asking sir.....what makes you say this? I have a hard enough time trying to figure out which direction the next five pip move is going to be let alone what you predict here. Any chance of letting us know more about your approach? A chart?

BREAKING NEWS out of europe YouTube - World Economy Collapse explained in 3 minutes

I have been following your posts ... I must say at first I thought the Ichi was a bunch of crap....BUT I stand corrected it is a Rock solid Indicator. Asher and Ayo Keep on Keeping on.....and Thanks for the Info.....

New and OLD traders I would highly recomend these two for info regarding Ichi and Ew

Originally Posted by asherewt

Hi Ayo,

I thought this vidoe might be of interest to you and others YouTube - How does Ichimoku have Gann, Elliott Wave, and Fibonacci Theory build in?

Please note that by no means I'm endorsing his views on 5th Wave being shorter than 3rd but if we leave that topic as open for discussion then there is quite a lot to learn in the video.

Also, he raises a very interesting question in the video where he reckons that the Institutional Traders are usually the ones who are trading Wave-2 to Wave-3 cycle but Retail Traders end up trading Wave-4 to Wave-5 cycle only ...

Cheers,
Asher

Originally Posted by MoneyInc.II

Dude what happen to the 1.3150 short with the 200 pip stop loss?????

You have me confused with someone else... I made no such recommendation

okay i admit my price was wrong but this was the convo.

Originally Posted by brad_1199

EUR/USD Charts ----->

Originally Posted by MoneyInc.II

I would never risk 250 pip on any trade for 500. Does that work for you? I MEAN really once you in the trade your stuck for quite a while. While you're trading the one move for 500 pips others are getting 1500 2000 playing the swing... range, scalping. if you have to give your self 250 pips to get the move you want it is not a good TRADE.

So you are long now RIGHT?

Originally Posted by brad_1199

It completely depends on your risk profile Money Inc.. Everybody has their own style...

1:2 risk to reward ratio or better, is fine for any trade, for me anyway..

It is not wise to be using high amounts of leveredge.. You are just begging for a margin call if you let greed control your trading..

Originally Posted by MoneyInc.II

Lets say trade profile. To me that is a mid term trade profile 3 to 5 months. if I were new to the forum I could mistake your trade for a short term trade. Plus if there were news that could go against you. your risk to reward could turn out to be 10:1 In my eyes still not a good trade. You are not leave yourself room for rewards greater the 1:2..

So bear are you long here.

I just saying....no harm meant

Originally Posted by brad_1199

The time frame you are suggesting is too long.. I expect to see the profit target hit within 60 days maximum... But more than likely within the first thirty days...

You and I have never seen eye to eye Money Inc..

My analysis is based on elliott wave theory, candlestick patterns and fibonacci meausurments... And proves to be correct a lot... So it works for me..

This was the actual post I was refering to....Come on Brad,, Own it!

Originally Posted by brad_1199

EUR/USD Charts ----->

Greetings all,

Does anyone else see my wave 3 on the daily? I've been calling for this for 2 months now (please don't make me prove that, I really don't want to do the research to find the posts) but I'm seeing unfold what I have been waiting for on the longer term side of things. So, my long term goal is 1.4250. Do you guys really think it's far fetched?

Thanks, and Happy Trading.

t3t4

You guys have just given birth to the HG Indicator...lol...Yo baby!!!! take a look at yen and Yang ....East meets West...... dude it hit me in HD...wait let me say that correctly high Def...lol

Take a look at the Chart!!!!!!!

Originally Posted by MoneyInc.II

okay i admit my price was wrong but this was the convo.

I do recall that conversation Money Inc.. However the EUR/USD forum is not my regular hang out.. I'm usually in the elliott wave forum..

If you go look in there, you'll find recent posts from me showing I was expecting a rise in EUR/USD which has now been seen...

I chickened out of that short call and flipped to bullish a while back...

Originally Posted by MoneyInc.II

okay i admit my price was wrong but this was the convo.

Hey Money, hows it going man?

I don't have much to say here aside form one post where you mentioned something on 250 pips to make 500. That's a 1:1 ratio and honestly bud, I do that all the time..... It's not the safest play one could make, but it's still 50/50 odds and that really aint bad all in all. Especially when you're correct!

But we all have our own methods and/or styles. To each his/her own is what I say.

Thanks Money,

t3t4

hey mate,

I'm really not sure what those lines are and how they are helping you but I'm glad that you finally saw some value in this ancient Japanese system ...

Like they say its never too late ...
Cheers,
Asher

Originally Posted by MoneyInc.II

You guys have just given birth to the HG Indicator...lol...Yo baby!!!! take a look at yen and Yang ....East meets West...... dude it hit me in HD...wait let me say that correctly high Def...lol

Take a look at the Chart!!!!!!!

Originally Posted by t3t4

Hey Money, hows it going man?

I don't have much to say here aside form one post where you mentioned something on 250 pips to make 500. That's a 1:1 ratio and honestly bud, I do that all the time..... It's not the safest play one could make, but it's still 50/50 odds and that really aint bad all in all. Especially when you're correct!

But we all have our own methods and/or styles. To each his/her own is what I say.

Thanks Money,

t3t4

Dude look at Brads post If he had placed that trade he would have lost. I am a believer that if you study your risk to reward ratio should be 5:1.... 5 pips gain for every 1 pip risked(min). Dude there is no way I am going to risk a 100 bucks to make 100 bucks not even 50 bucks to make a hundred bucks.

Originally Posted by asherewt

hey mate,

I'm really not sure what those lines are and how they are helping you but I'm glad that you finally saw some value in this ancient Japanese system ...

Like they say its never too late ...
Cheers,
Asher

Thanks though really You do not know how much!!!

The red lines are not static they move with time and meet with price. Note the Ichi.

Originally Posted by stryker

Ayooooooooooo............. we have 3490 now matching...) but not as heavy as i would have earlier, the TL i posted is very imp for the type of breakouts / halts i look for and any 4 hr close above it would be a strong signal for another bull move for 2-300 pips possibly.......... therefore whatever the momentum maybe i would go short with tight stops and reversal on break of the TL lvl (would determine on the 4 hrs when it comes to it...if it comes to it......... )

PS::::: My Congrats to this one trader I personally know when he took the longXX on euro from 2845 and longXX on euppy 106.70.................... You know who you are and at the present i can't stop thinking of you....... Well-done..............Plus he's been adding on the breakouts and this indeed turning out to be a mega trade and esp if 3490 TL breaks............
GL...........................

Cool, that TL must have come down. Congrats on that Aussie top. Congrats to the mystery man. If I recall he rang the bell about some long term SMAs or EMAs crossing long, great call.

Originally Posted by asherewt

Hi Ayo,

I thought this vidoe might be of interest to you and others YouTube - How does Ichimoku have Gann, Elliott Wave, and Fibonacci Theory build in?

Please note that by no means I'm endorsing his views on 5th Wave being shorter than 3rd but if we leave that topic as open for discussion then there is quite a lot to learn in the video.

Also, he raises a very interesting question in the video where he reckons that the Institutional Traders are usually the ones who are trading Wave-2 to Wave-3 cycle but Retail Traders end up trading Wave-4 to Wave-5 cycle only ...

Cheers,
Asher

Thanx Asher, I'm in study mode as we speak.

Originally Posted by MoneyInc.II

I have been following your posts ... I must say at first I thought the Ichi was a bunch of crap....BUT I stand corrected it is a Rock solid Indicator. Asher and Ayo Keep on Keeping on.....and Thanks for the Info.....

New and OLD traders I would highly recomend these two for info regarding Ichi and Ew

My Man Money, you can make a indie out of thin air. You the man!!!

A-Yoooooooo