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- Ri Dwe replied Jul 10, 2013
Daily Candle closed at monthly S2 (1.500), so next target would be monthly S1 (1.514), weekly S1 (1.517) or EMA(100) on H4 (now around 1.516)
- Ri Dwe replied Jul 10, 2013
Daily candles still closed above yearly S2 (1.483), but the rate still don't get to monthly S3 (1.478) which coincides with last week's S3. So there is still room for the downside. In this case, weekly S1 (1.472) will be the final destination. But ...
- Ri Dwe replied Jul 10, 2013
I agree with you. In my opinion this summer GBP, EUR, AUS and AUX will go up. But after reaching 1.6, 1.4, 1.04 and 1600 respectively the longer term downtrend will come. My target for gold is 500-800 and GBP 1.0-1.1 by the end of 2014. This would ...
- Ri Dwe replied Jul 9, 2013
Wow what a move this pair did last week. And with the move Wave 4 should be completed, while at the same time double bottom was formed (I actually expected double bottom at 1.50, but sht happens ). It could go further down and make a false ...
- Ri Dwe replied Jul 3, 2013
I think 1.513 is the bottom, 600 pips from the top, my average monthly strike and daily MA(100) to retest. From there it should go up around 400 pips to 1.55-1.56. But then I have to look for signals, which indicates whether it will go straight to ...
- Ri Dwe replied Jul 1, 2013
Despite the downmove last friday, my view on Cable is unchanged. I still think this pair will test last week's Pivot (1.551) or even 1.559 (weekly R3 and monthly R1). But after that I have to consider another scenario of Elliott Wave (yes I still ...
- Ri Dwe replied Jun 27, 2013
I still think Cable will test weekly Pivot (1.551) this week and go to 1.59 next month. I added up long position yesterday at 1.530 (daily R3, last week's R3, daily MA(100)). If it goes further down I will add another long around 1.526. There is a ...
- Ri Dwe replied Jun 27, 2013
Thanks for sharing your view. Unfortunately I am always lucky, but not that lucky .. I don't think this pair will go to 1.48 before seeing 1.6. Do you really think it will break daily MA(100) easily?
- Ri Dwe replied Jun 27, 2013
But not the same guy, isn't it? I think he meant selling with 1.51 as target
- Ri Dwe replied Jun 26, 2013
Do you have another thought or you don't think at all?
- Ri Dwe replied Jun 26, 2013
And what is your target? If this pair will fly than it will rally 200 pips after breaking out 1.546, and it will be 1.566 .. I think it will indeed make a retracement at 1.555 (it is around 200 pips away from the bottom) but only to this weekly ...
- Ri Dwe replied Jun 26, 2013
On what? daily, weekly? or all of them? Yesterday it failed to reach the target, but I think this week Cable will test 1.560 or 1.564 (last week's Pivot)
- Ri Dwe replied Jun 25, 2013
I think I've shopped enough around my Buy Zone (1.542-1.538) and just sit on it until 1.59 reached, maybe in two weeks time. Then 1.593-1.602 would be my Sell Zone, with 1.50-1.52 as target. For today I think this pair will test the weekly Pivot ...
- Ri Dwe replied Jun 21, 2013
It says to me nothing .. Just imho too
- Ri Dwe replied Jun 21, 2013
There are many R's around 1.554: yesterday Pivot, Daily R1, Weekly S1, SMA(240) on m15, and the most mightiful Yearly S1 .. these level was broken on Wednesday and will be retested. But I don't think it will give up on first attempt. Hence 1.538 ...
- Ri Dwe replied Jun 21, 2013
Next month I'd better wait for short opportunity around 1.59-1.60 for at least 600 pips, and 1000 pips maximum. We'll see.
- Ri Dwe replied Jun 20, 2013
Move your SL and add up another long in that area
- Ri Dwe replied Jun 20, 2013
As Cable has touched my Buy Zone (1.542-1.538) yesterday, I closed my short positions and switched to long. But I expect this pair will go to 1.538 first before going up to 1.593-1.602, maybe today or next week. For the bulls (and for me ) it is ...
- Ri Dwe replied Jun 20, 2013
You can't ignore this bullish candle on Thursday, and weekly is not closed yet