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    DU
    Duane
    Rep: 100
    Posts: 1,095
    0
    Hey Al, I thought that I would give you a break this week. Your diligence is certainly an asset that we all benefit from!

    It's Friday night, and I have entered this EURUSD position against my trading plan, ( no trigger ) . And I know that I am going to take some heat because of it. After all the Market is the best teacher. I thought that 146.0 ext plus the lines would be a great place to enter, but alas, the price action is still bearish. This is a classic Double top ABCD, so if not 146.0 the next stop is 161.0 So where are the lines?

    Lets start from the beginning. Down trend with break and retest of down trend line.

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    eurusd primary analysis nov 09 0004 am 1 day png


    Add fibs and look for confluence and my wannabee wave count

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    eurusd primary analysis nov 09 0036 am 4 hour png


    Adding lines, it fits if it stops here, but what if it goes to 161.8 ?

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    eurusd primary analysis nov 09 0049 am 6 hour png

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    eurusd primary analysis nov 09 0048 am 4 hour png


    Maybe this blue line ?
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    eurusd primary analysis nov 09 0054 am 4 hour png



    Just thinking out loud while baby sitting my granddaughter.

    Have a great weekend guys!!!
    AL
    albert
    Rep: 99
    Posts: 3,094
    0
    Paper trading. Made a bit in TDD.

    Al :--)


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    RA
    rat89
    Rep: 0
    Posts: 7,015
    0
    potential reversal on spx still in play here....
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    screen shot 2019 11 12 at 10 53 19 am png

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    screen shot 2019 11 12 at 10 37 57 am png
    RA
    rat89
    Rep: 0
    Posts: 7,015
    0
    gld gdx
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    screen shot 2019 11 12 at 11 13 26 am png

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    screen shot 2019 11 12 at 10 58 36 am png
    AL
    albert
    Rep: 99
    Posts: 3,094
    0
    Cool work, guys.

    Al :--)
    AL
    albert
    Rep: 99
    Posts: 3,094
    0
    Paper trading, Made a bit on a long DHI call. DHI reported earnings and had an all time high yesterday.

    Al :--)


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    AL
    albert
    Rep: 99
    Posts: 3,094
    0
    Here is a renumbered 1 min chart showing an X*ab=cd in the opening upleg. Please note the +DI reversal UP at the 25 line on the 1min chart.

    X*ab=cd
    Fibo abc = 0.618, 0.604 meas
    X = 0.886, 0.800 meas
    Fibo bcd = 1.382,1.325 meas

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    sc1814 png


    Al :--)

    Originally posted by albert

    Paper trading, Made a bit on a long DHI call. DHI reported earnings and had an all time high yesterday.

    Al :--)


    Click image for original size
    sc1811 png

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    sc1813 png

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    sc1812 png

    AL
    albert
    Rep: 99
    Posts: 3,094
    0
    Here is a renumbered 1 min chart showing an X*ab=cd in the opening upleg. Please note the +DI reversal UP at the 25 line on the 1min chart.

    X*ab=cd
    Fibo abc = 0.618, 0.604 meas
    X = 0.886, 0.800 meas
    Fibo bcd = 1.382,1.325 meas

    Click image for original size
    sc1814 png


    Al :--)

    Originally posted by albert

    Paper trading, Made a bit on a long DHI call. DHI reported earnings and had an all time high yesterday.

    Al :--)


    Click image for original size
    sc1811 png

    Click image for original size
    sc1813 png

    Click image for original size
    sc1812 png

    RA
    rat89
    Rep: 0
    Posts: 7,015
    0
    dhi daily - 1.128 - 1.27 external retrace fib box....it's into an interesting area
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    screen shot 2019 11 13 at 11 42 25 am png
    DU
    Duane
    Rep: 100
    Posts: 1,095
    0
    Nice work everyone!!

    Its go time


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    eurusd primary analysis nov 13 1248 pm 4 hour png
    AL
    albert
    Rep: 99
    Posts: 3,094
    0
    Awesome work, guys.

    Al :--)
    AL
    albert
    Rep: 99
    Posts: 3,094
    0
    Super high-quality analyses, guys.

    Al :--)