This the Week in which not all Majors will follow each other some will lead and others to lag pick your best to trade Ranging Markets are hard to trade Trade you can Projection of direction
Hi I am flat of all my positions picked up 97 pips in Aud, 89 pips in gbp and 71 pips in Eu on the lonf side shorted Eu and Gbp for 51 pips and 56 was a good day to range trade.All 3pairs have above the open and close near the high. Hope you picked up some good trades
WD Raj - just out of interest - did you see the number of trades available 3 mins after London open ( 8am) this morning. I made my normal daily target in under 15 mins - which is always a great way to start the day- and useful when the kids are still off on holiday ;-)
Peter the scalper Took my trade at 6:45 when price went over the 50% fib of yesterday high and price confirm the 2nd wave of Eliott where 3rd wave started this told me we were in a staller move.
the 3rd wave is still in progress followed by 4th and the 5th top. Also used my 30min trade strgy to gain an entry exit was easy to mark the lapse of time and no new high was cut.
I suppose you will now call me Raj Eillot my main tool is still the direction indicator and the travel is a number of diffrent strgy including nett change and gann 22.5 45 90 degree moves.
In fact if you look at the projection for this week it it has the 5 waves in its moves.
raj ali here,i can very well understand that ur pure technical model is mind bogelling.
is there by any chance convenient for u to translate ur signal into nu,bers,...or slightly can u put some more light on how to follow u for layman like us...wud appriciate the help
Ali, At this time it is not possible to attach numbers to instruments that follow the Projection.
To give you an idea of what it takes to arrive at the Data gramme. I have 2 SQL servers to crunch the data from an exchange that raw data is then processed through a N.networks 8 layers of nerons are then generated by Digital processors and fed to a STELLARNET SPECTROMETER that plots each pix on a paper disc. Each plot take 2/3 hours to produce. Lets not kill the goose to get all the golden eggs at once. may be this one's for future project
Hi...Good analysis..Thanks for sharing.what if one is interested in knowing more about the datagramme..how to produce n the rest..how do i come to that...would appreciate...Thanks
raj if possible pls post next week's cheatsheet
So far the projection has worked perfectlly for G u and part Eu Aud led the move up and trailed to go opposite directions. Ihave compared many other markets and so far 69 % of rises have shown identicle trace. on sunday my comment was to expect high close and tail off friday that still looks on target. I have a big turn date on 23rd and proven right could see 6 weeks of down correction.
I will update as soon as compute latest data.
I am please say again today has been very profitable day met my yearly target plus over 1300 pips as a bonus.
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