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As a rule if I not 100% sure of a position or confident I exit no matter what and don't second guess and think about what if profit or loss... Thanks for the advice.
--- In equismetastock@xxxxxxxxxxxxxxx, Mr Distinque <distinque@xxx> wrote:
>
> Buy puts in FXE and buy FXA
> Â
> I jumped out the EURAUD right after I sent the email. Could not make up it mind so like the coward I took my skimpy profits and ran.
>
>
> D
> EGO Sum Qua EGO Sum
> Sempre Avanti
> Â
> He Who Sits In A Well To Look At The Sky Can See But Little
>
> --- On Tue, 3/16/10, formulaprimer <formulaprimer@xxx> wrote:
>
>
> From: formulaprimer <formulaprimer@xxx>
> Subject: [EquisMetaStock Group] Re: [Fwd: [wavetraders] You're Invited: Fr ee Webinar - Tomorrow Night 17th]
> To: equismetastock@xxxxxxxxxxxxxxx
> Date: Tuesday, March 16, 2010, 7:03 PM
>
>
> Â
>
>
>
> All very good points. I guess I would play this like a spread in ETF short Euro long AUS... another other suggestions on how to play the EUr/AUS short FX strategy in ETFs?
>
> --- In equismetastock@ yahoogroups. com, Mr Distinque <distinque@ ..> wrote:
> >
> > EWs are right there with Pivot Points (what ever flavor) and Fibos.� I do use them under the one caveat that they are really only potential reference points of congestion.� None of them show a hard stop/turn except in hindsight.� And if they blow through, there is always the next stop on the trolley.� For me, this was one of those epiphany moments that had a double reward.� REALLY improved my trading and I stopped squandering my winnings on "another perspective" of how to use them.
> > Ã?Â
> > When I really like them is when there is a "congestion" of EW, PP S/R and Fibos in the same tight area.� Kind of like going from a paper wall to a cinder-block one.
> > Ã?Â
> > Right now I am looking at EURAUD on a 15min chart I am short on.� There is a 38.2/1.4935� fibo it just broke under and a daily S1 PP at 1.4927.� It is bouncing between those 2 points.� Indicators showing a weaking of the down move pressure.� It is in a congestion point and digesting what had just previously happened.
> > Ã?Â
> > I have attached a pic.� Will have to wait and see what happens.� You can see how it did the same between Fibos 50% and 61.8%
> > Ã?Â
> > D
> > EGO Sum Qua EGO Sum
> > Sempre Avanti
> > Ã?Â
> > He Who Sits In A Well To Look At The Sky Can See But Little
> >
> > --- On Mon, 3/15/10, Kim Blake <kblake@> wrote:
> >
> >
> > From: Kim Blake <kblake@>
> > Subject: Re: [EquisMetaStock Group] Re: [Fwd: [wavetraders] You're Invited: Fr ee Webinar - Tomorrow Night 17th]
> > To: equismetastock@ yahoogroups. com
> > Date: Monday, March 15, 2010, 6:59 PM
> >
> >
> > Ã?Â
> >
> >
> >
> >
> > Tell us how you really feel about Elliot Waves.......
> >
> >
> >
> >
> > From: formulaprimer
> > Sent: Monday, March 15, 2010 8:56 PM
> > To: equismetastock@ yahoogroups. com
> > Subject: [EquisMetaStock Group] Re: [Fwd: [wavetraders] You're Invited: Fr ee Webinar - Tomorrow Night 17th]
> >
> > Ã?Â
> >
> > I want to learn how to second guess myself and redraw waves in hindsight and say it was wave 3 or 4 or 5 or minor wave in between.
> >
> > --- In equismetastock@ yahoogroups. com, dave <adest@> wrote:
> > >
> > > ------------ --------- ------- Original Message ------------ --------- -------
> > > Subject: [wavetraders] You're Invited: Fr ee Webinar - Tomorrow Night 17th
> > > Date: Mon, March 15, 2010 6:10 pm
> > > To: wavetraders@ yahoogroups. com
> > > ------------ --------- --------- --------- --------- --------- -
> > >
> > > Webinar on Elliott Wave for
> > >
> > > - ASX Shares & CFDS
> > > - Forex and
> > > - Futures
> > >
> > > * Wednesday Evening 17th March 9-10pm Sydney Time
> > >
> > > * For Investors and Traders Wanting to Learn How to use Elliott Wave
> > >
> > > * Questions Answered
> > >
> > > * Interactive Q&A Session
> > >
> > >
> > > https://www2. gotomeeting. com/register/ 129641051
> > >
> >
>
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