Long after 1-5 e-wave
Can you tell what this method is based on?
Paul.. a very interesting method you show here. Can you update on current USDCHF charts? I tried doing it, but the fib timezones seem to be a bit off. I used 03/02 high of 0.90806 (M), low of 13/03 0.86982 (N), High of 04/04 0.89518 (A), Low of 08/05 0.87021 (B). The 'C' zone is also a bit messed up as the FE extension shows 0.90197 for 1.272 and a confluence of 1.618 of AB ext-ret + 1.618 of FE extn.
But when using the fib time zone from MN and then moving 0 to B, it shows a time period of between 23/5 - 02/06 but price failed to reach the confluence level. It only reached 1.272 instead.
Your thoughts? I can share my chart if it makes it easier.
Thanks once again.
This method is based on Robert C Miner's high probability trading strategies...
Originally Posted by murder
Paul.. here's a chart that I used to apply the Robert C Miner's method. works very nicely.
To keep things simple, i'm looking at a Buy from C, all the way back to B or N.. Could work twice (if current move from C goes all the way back to B). I await your response to this thread.
Paul... You should continue this thread.. Here's my updated chart on USDCHF.. Says's its probably going to fall anytime after tomorrow. So far, managed to make a decent profit going long.
Hello guys.. I think we have something on the EURCAD... Basing it on the Miner's reversal method.
Expected time is until 29/12/2014 (not too far away). So EURCAD will continue its downtrend all the way along. 1.33 looks like the first target.
Paulselvan.. Where the hell are you man.. This is a gold mine