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sillywave predictions


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sillywave predictions

  #1 (permalink)
 SoonPeso7 
 
Posts: 257 since Jul 2014

I have been gone awhile to take care of business and study, where has our liberty gone and can one bring it back? I did find the answer and glad to say it is alive for those who know how to activate it. Now to SoonPeso7wave trading and my style can be day to swing trading method. First I look at a larger chart to get the general outlook. This weekly chart broke the trend line indicating a new pattern is developing and enough shown to show the pattern is up.

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  #2 (permalink)
 SoonPeso7 
 
Posts: 257 since Jul 2014


Waves? As we seen today with that looking upward because trendlines were not violated the pattern is an ascending two wave and not sure if it is simple or complex wave. If complex it would need a -d- wave and and -e- wave. The initial target looking for more information is the 1.00% line. That is if it is a -d- wave. Anyhow one should be long one this trade. My trades are sometimes day trades or a swing trade that is usually less than a week. SoonPeso7 waves here

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  #3 (permalink)
 SoonPeso7 
 
Posts: 257 since Jul 2014




The market is at critical point and the horizontal red line needs to hold for upward trend and wave count to be correct. The white line above is resistance and will be broken as the market unfolds. If the market opens with a sell signal tomorrow, I am short.

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  #4 (permalink)
 
xplorer's Avatar
 xplorer 
London UK
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hi @silly

I see you have three separate threads in Trading Journals, although they all appear to be part of a single trading journal?

The first thread is this one, then there are two other separate ones from yesterday.

Do you want to have all of your posts in a single thread?

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  #5 (permalink)
 SoonPeso7 
 
Posts: 257 since Jul 2014

yes, I would and I guess then one has to do a post reply then? or how is it done

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  #6 (permalink)
 
xplorer's Avatar
 xplorer 
London UK
Site Moderator
 
Experience: Beginner
Platform: CQG
Broker: S5
Trading: Futures
Posts: 5,972 since Sep 2015
Thanks Given: 15,487
Thanks Received: 15,383


silly View Post
yes, I would and I guess then one has to do a post reply then? or how is it done

Yes, you scroll at the end of your existing thread and click on "Post reply".

I have moved the other 2 posts in here

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  #7 (permalink)
 SoonPeso7 
 
Posts: 257 since Jul 2014

thank u

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  #8 (permalink)
 SoonPeso7 
 
Posts: 257 since Jul 2014




The red line was broken and the blue line is next. With the gap open this morning and a buy signal and the market takingforever. I sold at .618 and looking for a corrective pattern here to go back to the wave 2 area and retracement lines in place. May have to consider wave -b- on the way down as a possible exit and then entry on -c-. short for now.

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  #9 (permalink)
 SoonPeso7 
 
Posts: 257 since Jul 2014


I will do this early today for day traders and swing traders which I am. I use the ninety minute chart but the first bar of the day is only thirty minutes long and use it for direction of the market for the day. It is pretty accurate for that.

Now we had a -a-b- wave yesterday and -a-=-c- target was hit and target and ended larger wave -a- now finished. So later today I will sell larger wave -b- around 50-618 as shown.

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  #10 (permalink)
 SoonPeso7 
 
Posts: 257 since Jul 2014




Next target will be wave -a=c- but it might be an extended wave so one has to watch the pattern to decide or use the make opening to tell. I use 90 minute chart mostly and the 90 minute when tracking only day time is a bar that ends at 9 am ctz. SoonPeso7

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