Fran's GAZETY

[francisrama]

Jan 24, possible opportunity on EU

- EU H4 ---> price seems to be in end of wave2 correction
- Be a bit patient and wait for more confirmation
- If this proves true, then drop down to M15 to capture a good M15 SHORT entry
- H4 chart below

Capture d’écran 2014-01-24 à 11.57.18.png

Comment

- EW is a good tool to make a guess where price could go next (it does not mean price will go there, you need to wait, confirm and "see" it happening...
- AIMS is the perfect tool for entry and trade management

KR

[Dave]

Welcome back Fran! Just out of interest, do you mark your EW analysis on the charts yourself or is there an indicator that you use to lead the way? Thanks

[francisrama]

Welcome back Fran! Just out of interest, do you mark your EW analysis on the charts yourself or is there an indicator that you use to lead the way? Thanks

Thx Dave. I mark the EW myself -and btw there are times when counting need to be re done...- Counting IMPULSE is quite easy. Counting correction is another story )))

KR

[Michal]

where have you been Fran ? I hope you had a nice rest time because now it's time to do and post some more trades on seeds ! :-bd

[francisrama]

where have you been Fran ? I hope you had a nice rest time because now it's time to do and post some more trades on seeds ! :-bd

Thx Michal...Well as a retired old chap my wife and I decided to have 1month vacation.
Regarding SEEDS, I now mainly use it to ADD -entry being a combination of EW count + AIMS entry

KR

[francisrama]

Jan 27, EU sinked

- As expected, EU sinked.
- Captured good entry on M15
- Charts below: H1 EW analysis and M15 AIMS entry

Capture d’écran 2014-01-27 à 07.54.29.png

Capture d’écran 2014-01-27 à 07.44.26.png

Similarly UJ moved up...unfortunately I missed the movement

KR

[Nikita]

Hello, Fran.
Amazing EW analysis! And of course trades are based on it.
I wounder what are those red and blue lines?

BR

[francisrama]

Hello Nikita,

RSIOMA is a domain public iMT4 indicator. Lots of stuff with it, which I don't care to be honest.

I just use it as a confirmation
> of my entry = on H4 or H1 where ever I make my EW analysis, when I "expect" say beginning of wave3 UP, then I confirm price movement with BLUE line cross of RED line from down to top
> of my exit = 1/ Divergence between price and EW? If yes confirm exit with RED/BLUE lines cross. e.g. say for a BUY EXIT ---> BLUE line crosses RED line from down to top

So as you see, just a confirmation. BASES are EW and mainly AIMS indeed!!!

btw I like very much your quote "trading is..." yes it could be )))!!!

KR

[Nikita]

Thanks for your answer!

I like it too. I wish i could say that

[francisrama]

Still on Jan 27, two potential trades

1/ EU ---> H1 and M15 charts below

EU H1.png

EU M15.png

2/ UJ ---> H1 chart below

UJ.png

KR