Currency trading (Sept. 11th > 15th)

[jonnyy40]

Are these various 'systems' ranked by popularity?

 

[ChowClown]

...not really, just a few flavours of the month threads over on ForexFactory.

 

[trendie]

Are these various 'systems' ranked by popularity?

no - if you are referring to bogavino.
they are on Forexfactory.
I am just gauging them from number of posts, and the length of time the posts have been made. (flurry of posts/calls over a couple of weeks, then dying = bad(possible scam); numerous posts/calls over several months/years with good/neutral posts=goodish/worth looking at)

 

[zuke]

The best of those on Forex Factory imho is "The tlatomi method". Basically a 5EMA/9SMA cross with CCI trigger. Works very well on the 4H,pretty good on the hourly too.

 

[ChowClown]

...haven't looked at that one yet, thanks.

 

[jonnyy40]

Do you take the summer off or trade right through?

 

[ChowClown]

...i'm not a full-time trader yet. Although have just managed to clear trading during work hours wiv da boss. Hope to be full time within the next 12 months. I wouldn't take the summer off, i'd probably find myself being more selective though during Jul/Aug.

 

[jonnyy40]

I just asked as you were quiet for (seemingly) a month or so.

 

[trendie]

.....

I was thinking that a Long was on the cards from here. (patterns, not TA), contradicting MAs.

Too much time on my hands to over-analyse.

WWAAAYYY too much time.
anyway; Vegas 3rd lot out for +15.
( +89 + 120 + 15 = (224 / 3lots = 74 pips) over 2 days.

no reversal as its news-spikey and Friday. - wait for Monday.

 

[hornblower]

looking at a weekly, 1 hour chart
elliott wave wise , Monday will be the 5th up wave

 

[trendie]

looking at a weekly, 1 hour chart
elliott wave wise , Monday will be the 5th up wave

thanks for that insight, hornblower.
I "think" I see the context for that. I can now monitor it from here.

does that mean you think wave-5 will breach yesterdays high?
And that next week will be a sideways or down week, what with the 3-wave retrace?

EDIT: assuming I got the counts right, doesnt the count get disqualified if wave-4 ovrelaps wave-1. I only say this as I infer from your post re:wave-5 that today was wave-4.

 

[hornblower]

trendie

elliott wave is very subjective
I live in hope !!
I think you will have more idea then me
I am wearing L plates as far as Elliott wave is concerned
kind regards
H

 

[nickbennett]

Hi, sorry if this is the wrong place to ask, but what are EAs? Cheers