Wave theory with a cup of coffee

 

Hello guys, first I think its better to introduce myself.

my name is Amir and my analysis are based on wave theory and Elliott principles.

in this thread I decided to share my trading approach which is based on the above principles with some hint of day life activity, which makes this stressful thing more tolerable.

for more information about this trading method I wrote some general rules in these posts:

https://www.forex-tsd.com/forum/trading-systems/12844-wave-theory-with-a-cup-of-coffee/page2#comment_496080

and also here:

https://www.forex-tsd.com/forum/trading-systems/12844-wave-theory-with-a-cup-of-coffee/page2#comment_496081

hope you enjoy it as well

I will try to explain the reason of my trades so you will find after a while, how I am trading and what are the similarities between my trades.

if you want to enjoy more, you better bring your coffee before it gets cold.

Files:
10sep1recap.pdf  131 kb
 
Files:
gbp1.gif  19 kb
 
Files:
sek1.gif  18 kb
 
 
Aldente:
Hey Farhang, I have the same view of gbpusd as you, except I dont think it will reach your limit of 1.5440, I think it will go straight down from the 1.5400 area, which is why I've shorted it right here at 1.5397. I have my TP right around the 1.5330 level as well.

yes Aldente, you were right, its going up already....

I missed it man.

 

Oh sorry I mean the USDSEk which is already going up....

about the GBP.... yeah.... probably

especially after this SEK one, it's possible

 
Files:
gbp.gif  17 kb
 

And for USDSEK again same situation happened.

Files:
sek.gif  13 kb
 
Files:
eurcad1.gif  14 kb
 
Files:
oil.gif  17 kb
 
Files:
eurcad1_1.gif  16 kb
Reason: