Dow Top Call - 11yr formation - part 2

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Quote from deadbroke:

I still have NO position in Euro and nothing about the Dow causes me to change a thing.

continuing to figure out the corrective wave in EurUsd - see the immediately previous post for the chart.

As the move develops I get more clues, but one thing you will immediately understand is why I don't trade corrective moves - they are a fckin bitch, there is no nice juicy trend and the moves slog for almost no net progress. Compare this move to the nice juicy one on the left of the chart. That baby, that and only that type of move is MY GAME. Max reward for my work in the shortest possible time.

So here is my continued developing thought-ing on Euro ..... son of a gun, wave A develops as a LEADING DIAGONAL. Hehehehe not to be taken seriously because corrective waves humiliate even astute hunters on a regular basis, so it is only with humility that I go up against this giant to figure it out.




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Correctomundo thus far! ... another slam dunk by the dead and broke one. :)



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No change in position in Qs, AAPL or stance re: Dow Jones.

--------------------------

Newbies' survival formula at ET:


In the struggle to get to where the grass is greener we get stuck and mired in trouble and can't extricate ourselves



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If you find yourself in such, always remember ..... everyone who shows up to HELP you wants to _ _ _ _ you.




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AAPL STOP now placed thusly .... adjustable manually at just above the 3rd downsloping trendline and 50 m.a. combo. If not at the computer it goes just above the trendline. Amen.




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Quote from macroman:

this time your call will work !

After all the pictoresque evidence you provided.

I joined for the ride.
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May you flourish and prosper. :)

Actually there are many calls that worked but the one that got the most notoriety was the previous Dow Jones call in April 2010 that failed.

What I use to gauge at a glance my overall call ability and progression is my bank account and this one chart .... as long as I'm improving I'm going in the right direction. Truth is I'm nowhere near where I KNOW I can be. Its a journey and I'm only 18 months into it.



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