From the last plan my wave count is wrong, and now i think it just not finish 4 and going to wave 5. Now first TP of wave 5 is meet : 110.3 IF it going on, next TP is : 111.4, 113.15(wave 5x) IF it end of wave5, it will go down to wave A My plan is wait and see, especially the reversal candle stick pattern. Cheers.
It is in the correction state, I'm not sure is it in the C or B-Wave, (3-3-5) But if break the red-line, i will short.
I think it will go up for a while, Fibo clustering at 50% = 158 Be sure that RR is good for you.
Amazing Finally it can break the resistant of daily chart. But, i still no order, BOJ is still important My plan,: No follow, still waiting.
MY idea: The price is move down to the support zone, and I will watch on that price for take action. If it cannot handle it, it will move lower to 0.6950
I Buy for a short profit. Fibo retracement = 50%. Fibo clustering = 161.8% TP = 124
MY Idea BOJ Affects to move down a lot. I think it is going to 4th Wave (or A) I stil waiting for signal to trade. It is too risk to trade now.
Yesterday it is a sideway bar by bar. Hard to play with it. I stop loss for 2-3 times. I think this week has many news and decide to no trade until BOJ declared. Trade with carefully.
MY PLAN Finally, the market reviewed itself that end of 5th wave. It will becomes corrective stat. 1. A- It is the 1st wave or, 2. A ending and become B. Please do not trade this state. In my view, i think it is end of A and going up to make B. Lock profit a short time. Cheers!
TRADING PLAN Yesterday, i am busy after Finish short closed, so do not play the LONG. :( Remind that it is still uptrend in 4H, so we play for a retrace (corrective). 1.If it is a wave 2 in 4H, i think it is in the ABC Corrective and in the C state already Plan Play impulse of C (12345) and TP around 156 2.If it is the A, same TP too. : ) Cheers
My first forex is GBPJPY, but, it is going up and i miss it.. So during waiting GJ. I am scout new forex and found this USDCAD. Maybe it will make the 1-2nd wave and going up to 3rd wave. My plan: IF it not Lower low than 1.26253, I am waiting to break Trend line and BUY. After break 1.275, I will put another BUY. Plan B: If it going down , Let it be....
Tf day. Uptrend Tf 4H. Uptrend Tf 1H. Uptrend It is in the 3rd wave and will go up more. Please watch for thr entrance.
4H plan and take action in 1H If it price will go to the LOW, I think it should come out to 2 ways: 1. Make the A-B-C for the 2nd wave of TF 4H 2. it is in the 4th wave in the 3x in TF 1H If you cannot count the wave, use the DOWTheory MA trading is enough. Make your system simple and fast decision.
MY PLAN: Now the market is reveal that it is confirm that the uptrend and strong uptrend! We focus on the 3th extend wave. Fibo = 161.8 = 158 around that.
TRADING PLAN WAIT FOR TRIGGER SIGNAL in the both way If it HH it confirm that it is new impulse. If it is still LOWER the RED line, confirm to down to TL.
TRADE CAREFULLY (FOR SELL) If it still swing within TL, I see it about C-Wave (5-C) PLAN DAY Swing in the short time. Please look for next plan for 4H and 1H
Plan of trade TF Day : Make the A-B-C TF Week : End of 5th and make A-B-C or still in 4th wave and make corrective before Go down for 5th wave. TF 4H and 1H: Lock profit if it end of each impulse. 1. If it is beginning of 5th-wave, it make 1-2 and now in the 2nd-wave and will go down to the Big-3rd Wave. or, 2. It will go up to meet the 158.536 160.344 before...
PLAN : Day : still down trend 4H: Double Top and HH - i think it is the C-W1 1H : LONG signal Yesterday i trade with the system with EMA-14 cross over and Buy. around 100 pips (161.8 fibo retracement) but i tested to run trend in 4H but got stop for long shadow. : (