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Help Me Establish The GbpUsd After Dinner Club 40 replies

Attachments: The Club!
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The Club!

Waves ! DAX Waves 1987-2019
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Quoting parisboy
Using Envelopes to rationally determine and hierarchize "Waves" {image}

hi Parisboy,

very interesting. I do the same with price channels, the outer channel with 32 periods, the inner channel with 8 periods

but apply it to Elliott Waves, at least when in doubt
Quoting infinitus
{quote} hi Parisboy, very interesting. I do the same with price channels, the outer channel with 32 periods, the inner channel with 8 periods

Infinitus - nice

https://www.forexfactory.com/showthr...9#post12370319

IMHO that is the best practical way to classify and hierarchize Waves. Sometimes you have an ambiguity (of little consequence if you are not using Elliott Waves)

Elliott Waves are a procust tool . You apply a system from Top to Down (12345ABC) and as it does not work you multiply exceptions (90 % of a book dedicated to Elliott Waves talks about exception)

The other way (IMHO the correct way) is to process from the longest period Envelope (including most of the data) to the shortest and to rationally classify Waves. Then to look for patterns, if they exists

I have downloaded your PDF's about Richard Swanell. I remember his work
Markets move in Swings, Thrusts etc more precisely you can name them by using the neutral word component

a Wave has 2 Components : one Up , one Down

a Cycle is made of at least 2 Waves of more or less equal Period (Time) and Amplitude (Price)

That is the repetition of a Wave which generates a "Cycle" - no repetition , no Cycle

Chart, courtesy of Jim Hurst in his Cyclitec Cycles Course
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Another example : the brazilian Bovespa
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WaveTrack confirmed my DJI outlook/count which is based on the Delta cycles for the DAX too.

Since the beginning of 2019 wave "V" is unfolding as an Ending Diagonal. Actually wave "3" is unfolding.

Sixer
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E/J
try not to miss the next move ... it's always my main goal... sometimes EW give precious help
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E/U
I went longed 0910 ...stop 0850 TP 1210.
try the correction pattern remain the same as the previous 61% !
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Quoting chess king
E/J try not to miss the next move ... it's always my main goal... sometimes EW give precious help {image}

ca-shing???

with the price movement of last week below the 117,55 low, my bullish conviction has faded. Some Elliotticans from EWI are dreaming from a wave 1 up, followed by an ABC flat, where the wave B reached the top @ 120

From a probability point of view it seems to be more low probability.

I have a smallish long position with average price around 118

If it goes up, it may get more interesting for long term position than EU, because of much lower Swaps
Now it starts to get interesting.

EU monthly TF

Soon we will see, if we were all entrapped in our own bullish feedback loop

red channel broken

green channel touch


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A BIG Shark points bellow 1 but lets see this channels.. If breaks!

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Quoting MrPresident
{quote} it was the load of the building that brought it down the damage to one member in a structure alters the load distribution, resulting in a collapse also, the interior of building 7 started to collapse first prior to the exterior people who don't understand structural engineering should not comment on such subjects to spread conspiracy theories

read this:

https://thefreethoughtproject.com/bo...led-implosion/

yeah, we understand structural engineering, sure
Quoting chess king
A BIG Shark points bellow 1 but lets see this channels.. If breaks! {image}

for me it should not move beyond 1.0785. Below looks more and more bearish with sub 1.0000

on the other hand: when they do not pierce the gab now, it might proof to be a runaway gab and we will not re-visit it anytime soon
is it only on my screen/Dukascopy, that I see now a gap 1,0896 to 1.0886?
Quoting infinitus
is it only on my screen/Dukascopy, that I see now a gap 1,0896 to 1.0886?

I don't have any GAP
Quoting infinitus
{quote} read this: https://thefreethoughtproject.com/bo...led-implosion/ yeah, we understand structural engineering, sure
And that CNBC anchor is a specialist structural engineer? I’m sure that their opinion is not important about the subject. Many conspiracy theorists can’t design a popsicle stick bridge but they claim that a controlled demolition brought down the towers.
Don't Worry Be Happy
EURUSD:

I don`t have a gap in the 5 min chart.

Sixer
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Dollar-Index:

The Big Picture shown with Monthly and Daily counts.

Sixer
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