Short-Term.....Swing Trade (Set-Ups)

[kosai]

Hey guys wanted to post a link to Jamie Saettele's page. It has some really good charts that opened my eyes (espeically his channel & count for the USDCAD).

Link:http://www.dailyfx.com/story/dailyfx...5733566.ht ml

Cheers.

FxKos

[G550]

Take everything you read with a grain of salt unless it is done by a known reputed trader. Jamie Saettele does tons of analysis for the purpose of publication. I read DailyFx a lot for the news stay connected to FX I've seen many of his posts. While I am not saying you should ignore his analysis (always do your own; just because he is published online does not make him good) do tread carefully. He's been wrong a number of times.

The USDCAD channel count has been discussed here before I believe. Not in reference to his analysis but others on here have done their own analysis on that p.

Either way good luck.

Originally Posted by kosai

Hey guys wanted to post a link to Jamie Saettele's page. It has some really good charts that opened my eyes (espeically his channel & count for the USDCAD).

Link:http://www.dailyfx.com/story/dailyfx_reports/daily_technicals/Dollar_Correction_Complete___Look_1182945733566.ht ml

Cheers.

FxKos

[bearprofits]

Originally Posted by marketwavez

These are the last few calls made by- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
[/b]8th Trade ( 11-14-06 )
Entry USD/CAD

Buy 2450-2460
----- (Stop 2400) --------------------------Exit 0680 0680 +20 pips

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9th Trade ( 11-14-06 )
Entry USD/CAD

Buy 2450-2460
----- (Stop 2400) --------------------------Exit 0680 0680 +20 pips


- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Sorry waves

your post the other day where you listed your trades the last was the Cad trade listed twice what appeared as a typo on the entry with an exit @ 680. Was looking at this chart you posted for your entry.

[Phillip]

Originally Posted by G550

Take everything you read with a grain of salt unless it is done by a known reputed trader. Jamie Saettele does tons of analysis for the purpose of publication. I read DailyFx a lot for the news stay connected to FX I've seen many of his posts. While I am not saying you should ignore his analysis (always do your own; just because he is published online does not make him good) do tread carefully. He's been wrong a number of times.

The USDCAD channel count has been discussed here before I believe. Not in reference to his analysis but others on here have done their own analysis on that p.

Either way good luck.

Well said G550....i've noticed that too....its like theyre giving you a hint to loose....I dont even use them as my trading brookers anymore.

rgds
Phillip

[marketwavez]

Originally Posted by G550

Take everything you read with a grain of salt unless it is done by a known reputed trader. Jamie Saettele does tons of analysis for the purpose of publication. I read DailyFx a lot for the news stay connected to FX I've seen many of his posts. While I am not saying you should ignore his analysis (always do your own; just because he is published online does not make him good) do tread carefully. He's been wrong a number of times.

The USDCAD channel count has been discussed here before I believe. Not in reference to his analysis but others on here have done their own analysis on that p.

Either way good luck.

G550//// hello again

Jaime is wrong at times just like anybody else looking at the waves.

he is no different .............

Trading is about your Averages Managing Risk ........
a seasoned trader understs this very well
------------------------------------------------------------
-Just because a trade didn't work the way you were thinking
does'nt mean you have bad trading averages .............

- Why not
comment on Jamies Averages ? ............
-Why not
look at the risk his Individual trade calls in relation to the reward ?
-Why not
look at a track record of his individual trades ?

----------------------------------------------------------------------
I'm sure you would agree there's no holy grail
in trading if you were asked /////

so in the end
even if you do your own anlaysis
It still comes down to the same old thing - Averages !

[FxKos]

Thanks for the warning G550 but I was only referring to his charts. I think trying to trade news fundaments is like studying tea leaves. That's my take on it anyway since determining what information is reliable vs. what is spoon feeding to the public to go the wrong way is hard.

I think his charts are very good i'm not really sure about his wave counts sometimes however.

Cheers.

FxKos

Originally Posted by G550

Take everything you read with a grain of salt unless it is done by a known reputed trader. Jamie Saettele does tons of analysis for the purpose of publication. I read DailyFx a lot for the news stay connected to FX I've seen many of his posts. While I am not saying you should ignore his analysis (always do your own; just because he is published online does not make him good) do tread carefully. He's been wrong a number of times.

The USDCAD channel count has been discussed here before I believe. Not in reference to his analysis but others on here have done their own analysis on that p.

Either way good luck.

[G550]

His charts are not bad at all. He brings about a good picture of what is going on covers a lot of currencies like the crosses. You could get some ideas his charts check your own charts do your own counts. Nothing wrong with that.

Originally Posted by FxKos

Thanks for the warning G550 but I was only referring to his charts. I think trying to trade news fundaments is like studying tea leaves. That's my take on it anyway since determining what information is reliable vs. what is spoon feeding to the public to go the wrong way is hard.

I think his charts are very good i'm not really sure about his wave counts sometimes however.

Cheers.

FxKos

[kosai.]

Hi guys

Here's a count on the eurjpy 15 min count with the fib levels i used.

All critiscm more than welcome.

P.S. Let me know if I messed it up golhuntsleep lol !

Cheers.

FxKos