EUR/USD & GBP/USD & AUD/USD Forex Trading

[sakhter]

I don't know how many here follow the wolfe wave, I use it in discretion at times, very useful when the pattern is imminent.

I thought the formation was already confirmed because the target line was encountered after the 5th wave.. but market has decided to push for a higher 4 and a lower 5. I have attached to images, the formation from about 14-15 hours ago, and the current wolfe formation.

 

[sakhter]

Sorry for the late post on the second picture. I saw the 60 second limit for new post, went to do something else, then realized it was more than 60 seconds lol

 

[increasenow]

Quote from increasenow:

short USD/CHF @ 1.0698
p 1.0688

looking REAL HEAVY!!!...

filled +10 pips

 

[increasenow]

Quote from increasenow:

11est

short GBP/NZD @ 2.4387
t 2.4337

still holding this about 5 hours later...not been fun but..still looks extremely bearish on all charts...that is why I am 'hangin in there' and not trading out...

 

[davidmaria1]

AUD/USD buy order at .8358.
Retrace may be in order, or not.

 

[increasenow]

as of 10:31am EST

short GBP/JPY @ 156.25
p 156.00

looks HEAVY............

 

[ryank]

Quote from increasenow:

as of 10:31am EST

short GBP/JPY @ 156.25
p 156.00

looks HEAVY............

Everything looks like Friday flatline to me now. I made 1 trade today, my wife put me in charge of lots of domestic duties this morning which seriously cut into my trading time. I'm looking forward to more trading next week.

 

[increasenow]

Quote from increasenow:

as of 10:31am EST

short GBP/JPY @ 156.25
p 156.00

looks HEAVY............

filled +25

 

[increasenow]

got an end of the day +19 pip winner on the EUR/AUD...and...I as actually long...

I would venture 98% of my trades are shorts...

 

[ryank]

Order routing is down at my broker right now, missed out on about 20 pips so far. I've been waiting for a set-up for about 4 hours, it finally shows up and this happens. Oh well, I guess it is Monday afterall.