rock my chair chart thread

I like to use this space for my charts .. I practise reading patterns

Eur/$ monthly chart

http://www.forexfactory.com/attachme...2&d=1188113080


Current short term wedge
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a complete wolfe wave parameters
cable
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Cable has satisfy the minimum requirement of a ww settings at point,A on a 4h chart which I saw it forming mid August when price was falling I calculated around 197 it went to 19652. yesterday high 20230 run 578 pips captured by 1h ww pattern

4h settings
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When UJ/jeppy hit the second monthly mega ww target 11179---60* GJ/gippy base 21933* at almost the same timing (aug 17)

price action on 4h chart
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Zoom in on euro

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4h ww settings on cad
http://www.forexfactory.com/attachme...9&d=1188274013

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Monthly ww settings on UJ

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Zoom in on UJ
base on my style PFL settings. no notes/explaination offered

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post #6

Price action made it to ww projected point,A @ 13551. using time other pairs are checked .. [cable,20071 ; ey,15655 ; gippy,23196 etc..]

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Using time with gippy @ 23479---220 check on other pairs. appears downside risk remain/incomplete ..
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Gippy PFLine,2 support @ 21373---96 is still holding price ..
Cable still inside the wedge with high @ 20261---71 as wave,e for today ..
Euro resistence remain @ 13670---75 ..
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Price test pfline,3 @ 22914---24
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The run from 23551---22917 is 634 pips for gippy
The run from 19652---20321 is 669 pips for cable
The run from 13551---13796 is 245 pips for euro

A clear break below present low 22917 for gippy would open the door lower probably towards 225/224. A clear break above 20321 (point,A) or 20355-80 (point,B) would distort a bearish pattern for cable, keep in mind current 4h ww is in play whether it succeed or not time will tell. The break at 13672 for euro has propelled price higher towards 1.38, if I can borrow the key points on cable and one of its bearish pattern euro would probably keep 1.38 with tolerance of 20---35 pips

confidence for this short term view is "low"

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Think price test important r/r level 11260* for jeppy and at same timing gippy test .382*---22825. if the pattern support 11260 the short term wedge certainly looks toward ww settings ..

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update on post #7

price has been going sideways which created another ww pattern let's see the turn at 10587 has any impact on PFL settings .. current price 10462

edit price hit PFLine support 10437 .. update chart ..

edit2 I am anticipating price would not drift too far off to complete a current wolfe wave settings where 10587 is #4
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It looks like my chart .618* 23252---58 is getting all the attention at almost the same timing ey hit 15829* the run for gippy is 427 pips. I do not believe it is done with the run yet but I do not refute its an impt number and level .. I am awaiting for time to arrive or UJ to carry the next phase while cable and euro seems to have stalled

edit
I would like to comment on gold .. price has hit one of my long term timeline at 712<>71426 window actual high was 71360 when price broke the wolfe wave settings -

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Gippy and EY said goodbye to each other parted their own way

Price approach towards EY 15927---15956 which I think is an r/r level whereas Gippy .618* 23252---58 remain intact as time is about to end but not yet.. UJ is not helping to extend time



Price is rejected at point,B 20366 for cable (am still holding a candle for 205).. whereas a simple harmonic count on euro has it at 13917 area (if I am not wrong) as its first target level .. the drift on Cad I talk about is now testing double bottom level whereas PFL setting has a much lower target ..

edit put signature link here :
http://www.youtube.com/watch?v=U-3RL...press%2Ecom%2F

A triangle .. swissy ..

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Whenever I mention something like this it surely move!



current price 11490