EURUSD - Trends, Forecasts and Implications (Part 2) - page 103
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+100 Fully supportive.
Yes, that's roughly what it is. But the pros of course use waves+FA, with FA usually following the waves....It's amazing but true.
Yes, that's roughly what it is. But the pros of course use waves + FA, and FA usually follows the waves.... It's amazing, but it's true.
And rightly so, for example, a correction should be done and no FA will be able to prevent it, slow it down or speed it up a bit :)
By the way, on the Euwer, last night was the 4th wave and today should be the fifth (or maybe I'm counting wrong).
Prival:
That's what Gerchik does, every day he selects two lists of stocks. One is a sell and the other is a buy, choosing those which in his opinion have the highest probability of movement in the chosen direction and it works quite successfully...
This saying I especially like, there should always be a "piano in the bush" (the antiphase pair).
Don't worry if the train didn't go in the desirable direction, there is always a pair that goes in the opposite direction, we rise on it with the same lot, reach correction, take a profit, return to the first pair and cut the loss maximally.
As a result, the whole operation ends up in the black.
eurusd h1
http://s54.radikal.ru/i143/1007/a0/e6c46c8b5572.jpg
In all likelihood it should start falling soon, but the following may also happen - Friday will close with sideways movement, and at the weekend we will finish drawing the last wave (blue option) (while all markets will be closed), and on Monday we will open with a gap down. So I would advise those who are still buying to buy - to buy.
eurusd h1
https://www.mql4.com/go?http://s54.radikal.ru/i143/1007/a0/e6c46c8b5572.jpg
yes...it started yesterday...so far so good (white main)...but the bulls are still strong...lets see...
In the near future, in all likelihood, the fall should start, but the following may also happen - Friday will close with sideways movement, and at the weekend we will finish drawing the last wave (blue option) (while all markets will be closed), and on Monday we will open with a gap down. So I would advise those who are still buying to buy - to buy.
eurusd h1
https://www.mql4.com/go?http://s54.radikal.ru/i143/1007/a0/e6c46c8b5572.jpg
I was awake when I looked at the news comments... you were right yesterday what you said about the crash-tests... Trichet was saying it too...
so far only upwards: the number of amateurs who have become sell-outs is 64%!
so far only up: the number of amateurs going to sell is 64%...
yes...the bulls are still strong and may touch the upper border of the channel on n4...then let's just increase the shorts and that's it....
so my pattern is going down...
I especially liked this saying, there should always be a "piano in the bush" (antiphase pair).
It doesn't matter that the train didn't go in the desirable direction, there is always a pair that goes in the opposite direction, we rise on it with the same lot, reach correction, take a profit, return to the first pair and cut the loss as much as possible.
In the end the whole operation ends up in the black.
but what's the point ... I don't understand ... go up on that pair (on which the train didn't go where it should) not to the side of the train but vice versa ...
the analogy with Gerchik is not clever... he is a pipsarian and immediately looks for options with clear patterns for growth or decline... he usually takes a bit and works in the middle of the day... (now I don't even know if he is working or not...)
...
It does not matter that the train did not go in the desired direction, there are always a couple that go in the opposite direction...
he doesn't trade forex. he trades stocks. there are no pairs. From my point of view, he operates very simply and efficiently. who has seen his lectures, knows.
1. always homework, find a stock in a sell-sheet and a buy-sheet.
2. the market has opened, look at the general movement direction (which way they went), and trade that list.
3. We don't trade the entire list at once, look for entry points with a minuscule stop and only then enter.
At the end of every week we sort things out, how, what, why, how to do better - and so gradually, starting from zero, teaching himself, he makes these three points better and better each time