fairy nuff
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fairy nuff
well maybe its a bit safe... more fun than the demo accounts tho, and the longer i play the more experience i can get.
massive kudos to you guys tho... some big pip gains been broadcasted.
fairy nuff = fair enough
I think you mistook it for something else....hehe
i didnt really think that you were calling me a raving gay bar loiterer.
but there was that slight insinuation hahah
Xerof
GWD seems to have EW sorted IMO.
Did you read my comment re EUR/GBP on TT early May
.......creating a near picture perfect Gartley with the final leg reversing off the old uptrend line.
........ a modest entry approach using a 1,2,3, Ross Hook, or
similar technique could prove to be fruitful.
............I would now like to see a break of 6836.
arco
Xerof
reThere is an minor uptrend support line in the vicinity so there could be a possible reversal at this point. We are also very close to the Gartley projection reversal(?) point.Quote:
quote:"very interesting chart posted on TT by GWD for EUR.USD. Given his track record what do you make of it?"
arco
Arco, you should know I read everything you post :D:D
Ok well very interesting. re Gartley on EUR/GBP, are you saying recent low around 6750 was point C on bearish Gartley and we're now going to D with target measured as 7060ish (daily chart) or 6750 was D on bullish Gartley (weekly chart) or perhaps both !! giving similar directional result - up. Sorry for the 'Gartley 101'....
Xerof
gartley 101 hahah
i never even heard of gartley... and altho a novice i have heard of most of the technical formations....
fwiw scalped 16 pips on the earlier short.... still one held tho.
OK - for myself as much as anyone
Gartley : This pattern consists of a large impulse followed by a pullback in two shorter waves where AB = CD in time length. Ideally, point D is reached as a 62% - 79% retrace of the XA impulse segment; and the shorter wave series most often in the form of a "measured move". The power in fibonacci ratios is anticipating (in time) and entering (in price) the trade at point D with a defined risk level - buy (bullish gartley) in an uptrend, or short (bear gartley) in a downtrend. Most pattern traders will instantly recognize this larger five-point pattern as a bull or bear flag setup. It is also the underlying structure that defines Elliott wave theory in its simplest form.http://www.chart.nu/bull_bear_gartley.gif
my shorts are going nowhere.... (sounds like something Bart Simpson would say) but I'll run with them still as they hover betweeen profit and loss - i think its called a consolidation period.