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- obhutta replied Dec 5, 2013
I love trading off technical's and elliots and i could have sworn i replied to your previous comment but i guess i didnt ... lol sorry too much time on the charts and reading, i realized that if you treat this market as a game and not so ...
- obhutta replied Dec 5, 2013
UPDATE: So the market broke the conservative trendline and seems to be holding as of right now to the UPSIDE, personally im sitting this one out as it can go either way and you always have to keep this thought in your head DON'T LET YOUR GREED ...
- obhutta replied Dec 5, 2013
TRADE UPDATE: Ok so im getting a consolidation between price point 166.32 and 166.07 and IF the market does NOT retrace beyond 167.34 than you SHOULD see this thing head down to the 1.618 extension at price point 164.69. Keep In Mind: As i mentioned ...
- obhutta replied Dec 5, 2013
i dont think this is the bottom, its possible this thing goes to the 160 level before extending further upward than again no body knows
- obhutta replied Dec 5, 2013
TRADE UPDATE: So last night i mentioned my 2nd analysis on the GJ, and mentioned a kings crown forming on the 15M charts. i was hoping to get in at the 167.80 level since a sub a-b gave me that figure but i was about 5 pips shy of getting fulfilled ...
- obhutta replied Dec 4, 2013
so based on the sub sub a-b im going to be placing my trades as such: ENTRY - 167.80 STOP - 168.37 LIMIT - 165.92 RISK - 57 pips REWARD - 188 pips let me know your trades and how its going so far Good luck traders
- obhutta replied Dec 4, 2013
TRADE UPDATE: So last night we has the market hit the 86 retracement and than drive its way down to the 1.18 extension and surpassing it making a LOW of 166.86 We now have a new sub A-B forming with the following: A- 168.37 B - 166.86 C - Unknown ...
- obhutta replied Dec 4, 2013
im getting a kings crown on the 15M chart first LOW 1 -166.84, LOW 2 -167.46, LOW 3 -168.21; than the reversal with LOW 3 -167.96 LOW 4 -167.32 and expecting a LOW 5 @ 166.57 (1.618 extension), keep in mind though its on an CAPITAL uptrend so keep a ...
- obhutta replied Nov 21, 2013
my charts show a completion of the extension of the capital ab boundary on the Daily at 163.75, i took a short on this and expect a deep pullback down to the 158-157 area which is roughly where the .38 retracement is. Also sellers should be aware ...
- obhutta replied Oct 1, 2013
i agree with you if i was trading a weekly, but than again how many of us are actually trading weekly charts good analysis though, good to know for future trades
- obhutta replied Oct 1, 2013
Also how can i forget to mention that it broke the downtrend line
- obhutta replied Oct 1, 2013
Im also getting a bullish movement for the AUD/USD pair with a capital A/B boundary at (A - .9115 / B - .9388) with a C bounce at the 38.2 giving a projection to at least .9556 (1.618 D extension). Also the sub ABCD reached its C retracement at the ...
- obhutta replied Sep 10, 2013
Highly possible if the US decides to order an airstrike on Syria. Keep an eye out tonight at President Obamas address at 9:00pm EST (GMT-4). I wouldnt trade until we get a clear signal from the London session though since the Japanese session is ...
- obhutta replied Sep 10, 2013
Thats what im guessing but from what it looks like we arent going to have any airstrike tomorrow as President Obama and Russian diplomats. Here is a quote from CNN... "The reluctant president's task has been further complicated by the sudden ...
- obhutta replied Sep 10, 2013
if any of you guys were in the trade with me yesterday morning than we all capitalized on a nice 205 pips
- obhutta replied Sep 9, 2013
I am showing a current consolidation phase with about 100-115 pip movement for the 3 major JPY pairs (EURJPY, GBPJPY, USDJPY). It is also wise to note that ALL 3 of the pairs on the 5 min charts are showing a bounce off the neck line (shown by the ...
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