Fran's GAZETY

[yinyang]

Hi Fran,

Love your trading style on the longer time frames. Thank you for your hard works in posting the setups and potential setups. I really appreciate you efforts. I like your trading style very much and find that my temperament is also fit for longer time frame. So, for the last couple months I have been following your foot steeps and preparing a DAILY ROUTINE. I am ready to post my daily routine guidelines and ready to post my journal with AIMS community. But before I post them I like your permission to paraphrase some of the quotation you said on your posts. You have said them so nicely and simple that that I have no other way to say them so I like to have your permission to use them on my DAILY ROUTINE. For example, Add On: No new add on untill last add on becomes a free trade, if trend is impulse and steep, then SL @ top/bottom of last AIM BOX, if trend is Not steep, then SL @top/bottom of second last AIm Box., I will drop to m15 chart once I see signs and start to look for good entry. I will let wave 1 of 3 unfold nicely, then I will enter after reversal at end of subwave2 and capture wave 3. I like to thank you again for your attention to this matter. I am looking forward to your reply.

From Thomas Chan, Vancouver, Canada

[francisrama]

Hi Fran,

Love your trading style on the longer time frames. Thank you for your hard works in posting the setups and potential setups. I really appreciate you efforts. I like your trading style very much and find that my temperament is also fit for longer time frame. So, for the last couple months I have been following your foot steeps and preparing a DAILY ROUTINE. I am ready to post my daily routine guidelines and ready to post my journal with AIMS community. But before I post them I like your permission to paraphrase some of the quotation you said on your posts. You have said them so nicely and simple that that I have no other way to say them so I like to have your permission to use them on my DAILY ROUTINE. For example, Add On: No new add on untill last add on becomes a free trade, if trend is impulse and steep, then SL @ top/bottom of last AIM BOX, if trend is Not steep, then SL @top/bottom of second last AIm Box., I will drop to m15 chart once I see signs and start to look for good entry. I will let wave 1 of 3 unfold nicely, then I will enter after reversal at end of subwave2 and capture wave 3. I like to thank you again for your attention to this matter. I am looking forward to your reply.

From Thomas Chan, Vancouver, Canada

Hi Thomas,

thx so much for your kind words. And of course please use what ever you want, it's been my honour being quoted ...And I'll give a close look at your journal buddy, so we could kind of support each other...

KR

[francisrama]

May 14

GU has hopefully ended wave a correction ---> will enter wave b
---> Plan to LONG GU
---> Will reverse to SHORT once wave b comes to its target zone (about 61.8% FIBO retracement of wave (a)

Chart below

Capture d’écran 2014-05-14 à 19.24.20.png

KR

[immy]

May 14

GU has hopefully ended wave a correction ---> will enter wave b
---> Plan to LONG GU
---> Will reverse to SHORT once wave b comes to its target zone (about 61.8% FIBO retracement of wave (a)

Chart below

Capture d’écran 2014-05-14 à 19.24.20.png

KR

I think its best NOT to trade A and B. Just my opinion (perhaps a could be at times but b is a no no) the fact being this, market moves in waves and when you identify what looks like a and b, could have a c after it and market as it is, could most porbably create a new 3 so what you thought was C turns into a new 3 and its good fun. But if you're looking at a very large time frame, then ofcourse there is a C within the b. For that you would probably need markets with quite big range so that you have plenty of "beads" to work with. (bead = pip ) but man this counting game is beautiful. And perhaps if you really want to enjoy it then you best trade from higher time frames and drill down to lower tiem frames that way you have plenty of space to check, waves to count and make sure everything fits... the big great puzzle and all the lifetime to play... isn't it fun?

[francisrama]

May 14

GU has hopefully ended wave a correction ---> will enter wave b
---> Plan to LONG GU
---> Will reverse to SHORT once wave b comes to its target zone (about 61.8% FIBO retracement of wave (a)

Chart below

Capture d’écran 2014-05-14 à 19.24.20.png

KR

I think its best NOT to trade A and B. Just my opinion (perhaps a could be at times but b is a no no) the fact being this, market moves in waves and when you identify what looks like a and b, could have a c after it and market as it is, could most porbably create a new 3 so what you thought was C turns into a new 3 and its good fun. But if you're looking at a very large time frame, then ofcourse there is a C within the b. For that you would probably need markets with quite big range so that you have plenty of "beads" to work with. (bead = pip ) but man this counting game is beautiful. And perhaps if you really want to enjoy it then you best trade from higher time frames and drill down to lower tiem frames that way you have plenty of space to check, waves to count and make sure everything fits... the big great puzzle and all the lifetime to play... isn't it fun?

Thx very much Immy! BTW I made a mistake in my counting ...Hopefully good count in next post. Tx thx very much for your ongoing great guidings buddy!!!

KR

[francisrama]

May 15

I made a mistake in my GU wave counting
Here is what I think is (probably) -more- accurate ...

Price is at end of wave 4, about to jump into wave 5 ---> Need a bit more patience before taking a LONG trade

Chart below

Capture d’écran 2014-05-15 à 09.31.44.png

KR

[immy]

I think its a full fledge reversal and 5 has ended. but we'll see what happens. I go by eWave/ AIMS wave.

[francisrama]

I think its a full fledge reversal and 5 has ended. but we'll see what happens. I go by eWave/ AIMS wave.

Immy,
Reversal would be confirmed if "supposed" wave 4 comes into wave territory...I think...

Chart below

Capture d’écran 2014-05-15 à 11.07.21.png

KR

[francisrama]

May 15

I've been following EU for a long time; many times utterly confused, since movements were very hectic.

Things appear clearer today, so sharing with you friends my views.

Starting with monthly view, price is in up trending last leg of 5 waves WAVE B
Chart below

Capture d’écran 2014-05-15 à 10.12.20.png

Then moving to weekly view, we are able to spot the A-B-C legs of the wave 5 of wave B
Chart below

Capture d’écran 2014-05-15 à 10.20.28.png

Then moving to daily view, we can spot that price is in wave 4 of wave 5 of wave B
Chart below

Capture d’écran 2014-05-15 à 10.25.22.png

Last on H4 view, we can spot that price is still in sub wave 3 of wave 4. Thus we need to be VERY patient still, since price will move up into sub wave 4 of wave 4, then down into sub wave 5 of wave 4, before rushing NORTH into final wave 5!!!

Chart below

Capture d’écran 2014-05-15 à 11.27.46.png

---> So I'm planning to take wave 5 of wave 5 of wave B. This hopefully will be the TOP; so should be followed by a full reversal, which will be my bread and butter -if I'm right indeed...

So in brief:
1/ LONG INTO FINAL WAVE 5
2/ THEN REVERSE SHORT...and just exit half/add-ons etc.

KR

[francisrama]

Good trade Fran.

Thx buddy Sam!!!

KR