Fran's GAZETY

[francisrama]

Further view which tend to confirm my view = EU daily chart (below)

- we seem to be in wave3 "down"!!!
- if true, target area is far far away...

eurusd-d1.png

KR

[francisrama]

November 25, day trade

- As you know now, I am on EU -and will stick to it for a while...-
- After 2 days + a week end correcting in wave2, price has decided to move finally into wave 3 (=price broke correction channel from its bottom)
- Analyze the situation in H1 (chart below)
- Then drop down to M15 to find a good AIMS entry (chart below)
- So far already 2.5% profit secured

eurusd-h1.png

eurusd-m15.png

Comments
- PATIENCE is THE utmost key = Wait until set up become crystal clear...Sooner or later this will definitely happen. And if not, at least you did not loose money stupidly ...
- I could have taken wave2 -which is almost 100pips...- BUT BUT BUT so far I am not good enough to take a countertrend trade...So I stick to what I know, and this is absolutely perfect for me!!! More than enough profit + no absolutely NO stress, just FUN FUN FUN!!!

KR

[francisrama]

November 27, day trade

- Despite good signs, EU did not enter the long awaited wave3 ahahah. Instead it reverses back to UP...Again need patience since I think sooner or later it should fall down heavily...

- In between UJ provides a good set up: As usual analyse on H1 then drop down to M15 to seek a good entry (both charts below)

usdjpy-h1.png

usdjpy-m15.png

Comments

- I made a lot of progress on PATIENCE. Yet I'm not yet "there", since regarding EU trade I entered too early. I'll try and correct that indeed...
- For some reason I was "hypnotized" by EU...thus missing good set ups on EJ, UJ, UCHF just to name a few. Waiting for a good set up should not prevent to spot other good ready available set ups ...

KR

[francisrama]

November 27, follow up

-UJ, price moves nicely towards wave5 target zone

usdjpy-h1.png

- UCHF looks promising = I think price is in wave1. If true, then await wave2 retracement and jump in LONG upon wave3

usdchf-h1.png

KR

[francisrama]

November 29, day trade

- EU still did not move...Hopefully next week

- UJ trade went quite well. I decide to close it (end of wave3-price is above 161%FIB expansion already). Very profitable (chart below)

usdjpy-h4.png

- So next week:
> Carefully observe EU, UCHF and GU as top priority (both to move into IMPULSE wave)
> Then UJ and EJ (both to move to wave 4, then IMPULSE wave)

Comments
- For me this week was pretty quiet -I spent it mostly observing EU, which went in the opposite direction of what I expected ah ah ah...-
- End of November = incredibly fantastic month once more. AIMS, EW, PATIENCE (which include DISCIPLINE...) ---> absolute success!!!

KR

[immy]

November 29, day trade

- For me this week was pretty quiet -I spent it mostly observing EU, which went in the opposite direction of what I expected ah ah ah...-
- End of November = incredibly fantastic month once more. AIMS, EW, PATIENCE (which include DISCIPLINE...) ---> absolute success!!!

KR

It will go against your "expectations" 50% of the time ...

[francisrama]

December 2, day trade

- At last EU went down
- Analysis on H4 -chart below-

eurusd-h4.png

- Drop down to M15 an enter trade upon AIMS S1 set-up -chart below-

eurusd-m15.png

So far already very profitable. Should the "count" be wrong, I'll jump out of the trade right away. If the count is "correct", then still big profit to come...

Comments
- I fully agree with Immy = there are times when price did not move in the "right" direction. In those instances, either I'm not yet in the trade, or I jump our quickly -thx to AIMS exit rules...
- Yet when the count is right, profit is really BIG...
- So for my style, AIMS + EW work very well together!

- As mentioned also, UCHF is moving UP...Did not take it, since again I feel comfortable managing ONE trade at a time, and this is perfect for me!!! In my opinion, still good time to jump in on UCHF LONG...

- Last, always insist = PATIENCE, PATIENCE, PATIENCE!!!

KR

[francisrama]

December 5, day trade

- At last back home after a month with my son Was so good though...

- EU trade closed with profit. Yet price went back into correction -you cannot command chaos!!!-
- Still I think sooner or later price will move in this HUGE wave 3...Chart below

eurusd-h4.png

- While waiting, a very good opportunity on AU
- Analysis on H4 -chart below-

audusd-h4.png

- Then drop down to M15
- Enter trade upon a perfect S1 set-up -chart below-

audusd-m15.png

Comments
- Chaos "forces" you to always "think out of the box" = nothing is fixed, all is changing, you have to adapt all the way...which is very very exciting!!!
- PATIENCE PATIENCE PATIENCE... !!!

KR

[francisrama]

WE thoughts...

As usual I was on NFP yesterday Friday 12/6.
- Excellent US NFP
- Excellent US unemployment rate
The day before excellent US ADP non farm employment change

So I was on EU.
- First dropping sharply...P E R F E C T!!!
- Then retracing, down to more than FIB 61%
-----> I placed my entry @61% FIB, SHORT indeed!!!
- Price came nicely down
-..........BUT very quickly reversed to UP...Stopped out

Immy, Friends, any sensible explanation to this price behavior please??? ...

Capture d’écran 2013-12-07 à 12.35.50.png

KR

[immy]

WE thoughts...

As usual I was on NFP yesterday Friday 12/6.
- Excellent US NFP
- Excellent US unemployment rate
The day before excellent US ADP non farm employment change

So I was on EU.
- First dropping sharply...P E R F E C T!!!
- Then retracing, down to more than FIB 61%
-----> I placed my entry @61% FIB, SHORT indeed!!!
- Price came nicely down
-..........BUT very quickly reversed to UP...Stopped out

Immy, Friends, any sensible explanation to this price behavior please??? ...

Capture d’écran 2013-12-07 à 12.35.50.png

KR

Fran

When you ask such a question it tells me what you expect. There is only one explanation for this behaviour. First they sold euro's then they bought it. Price went down at first and then started going up. There are millions of minds out there and what we see is the beautiful fractal geometric scenery painted in colour! Just go with the flow.... all the best....