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rock my chair chart thread

  • #21
  • Edited Sep 14, 2007 4:49am Sep 13, 2007 3:01pm | Edited Sep 14, 2007 4:49am
http://www.forexfactory.com/showpost...postcount=5047


Quoting forex3e
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

Using UJ 11550 level timing allows Gippy test 23474 EY test 16047 ..

edit

Price has come down lower to test first support 23053* for gippy 15878* for ey 20096* for cable. I am hoping for a larger degree pattern in play let's see..

Gippy's run from 22825 to 23474* = 649 pips
Ey 's run from 15516 to 16047* = 531 pips
Cable's run from 19652 to 20366* = 714 pips

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  • #22
  • Edited 8:46pm Sep 14, 2007 5:42am | Edited 8:46pm
Time (pressure) is still in progress but would like to show UJ and GU wolfe wave parameters .. some say the shorter the time frame the less reliable these patterns are hmm.. my thoughts anticipate a larger pattern in play which mean market could take out lesser degree pattern let's see .. cable has two setup here is one of it :

edit
Cable s graph has point,A and point,B as its target, note I have presented only point,A please anticipate point,B ..

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  • #23
  • Sep 17, 2007 10:12pm Sep 17, 2007 10:12pm
Price action falls into my plan as pfl settings and second ww settings comes into play. Take note price has come to test near second ww settings at around 19867---47 while pfl settings eye a tab lower and I would welcome a break lower


Quoting forex3e
Time (pressure) is still in progress .. my thoughts anticipate a larger pattern in play which mean market could take out lesser degree pattern

Current price 19879 has run 487 pips

With g,chf at its first target area 236---23572 maybe euro's time is come

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  • #24
  • Sep 18, 2007 9:40pm Sep 18, 2007 9:40pm
Quoting forex3e
Take note price has come to test near second ww settings .. .. Current price 19879 has run 487 pips

Cable
I just scan through the 4h chart I see another pattern taking its form .. I need to see whether this will affect daily pfL settings which is very late in coming when it formed in June,2007 hmm..

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  • #25
  • Sep 18, 2007 9:57pm Sep 18, 2007 9:57pm
post #22

The supporting reversal pattern on UJ at 11435 helps GJ breaks through the wedge triangle after GU settles at 19879 .. their timing has parted but pattern captures it all

Gippy high 23430

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  • #26
  • Edited Sep 21, 2007 10:24am Sep 20, 2007 7:27pm | Edited Sep 21, 2007 10:24am
Euro at 141 what's next?
If it continues to break upward the only thing that keeps it going is the monthly ww pattern

Cad at parity Ooops! .. 09900---38* seems like a r/r



*some moons ago I read a conspiracy theory about a group of people (secret society) who planned a financial map that breaks the world into ten parts, I remember "they" mapped canada mexico america as one part ..



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g,chf support 23528---08*
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  • #27
  • Edited Sep 24, 2007 11:24pm Sep 23, 2007 11:34pm | Edited Sep 24, 2007 11:24pm
First phase at 1.27* 20309---15* from 19879 run 436 pips .. if there is a second phase it could be at 1.618* this shall challenge first pfL settings



Quoting forex3e
Cable - I just scan through the 4h chart I see another pattern taking its form .. I need to see whether this will affect daily pfL settings which is very late in coming when it formed in June,2007 hmm..


edit add chart
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  • #28
  • Edited 6:15pm Sep 26, 2007 9:29am | Edited 6:15pm
I am lazy to talk about timing jeppy gippy cable so I will just update a Price Action chart on GJ - a setup is forming ..

edit try attaching chart again. still gives poor quality!
edit delete chart

resistence lies around 23322 - 23411
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  • #29
  • Edited 7:07pm Sep 27, 2007 6:11am | Edited 7:07pm
G,chf ranging in a triangle with support around 235* still holding

Swissy 11639* remain intact while euro test 14190 - 14213<>28*

edit delete chart
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  • #30
  • Edited Sep 28, 2007 9:18am Sep 27, 2007 10:20am | Edited Sep 28, 2007 9:18am
gippy 23411 resistence breaks with jeppy 11587 still holding on ..


edit 1h failed while daily triangle holds back gippy helped by jeppy. if ww persist we may have a reversal pattern coming and soon a breakout would come into play .. I think

edit the ww projection reach target 14233 +/- for euro while swissy is holding dear to its low .. awaiting the fate at this level and only monthly reversal pattern can wreak it for continuation .. as for cable projection for 1.618* lies somewhere 20433--443 +/- .. good luck

thank you for reading

I am off
  • #31
  • Oct 13, 2007 8:59pm Oct 13, 2007 8:59pm
After roaming around FF I will post my charts and thoughts in this space once again
  • #32
  • Oct 13, 2007 10:41pm Oct 13, 2007 10:41pm
st outlook

cable -
profitable triangle (pf) lines continues to capture price action
though current price has to deal with mid bb 20365 area
there is one more focus towards probable marked 'x' on the chart

jeppy -
after price was rejected at point,B 11160 - 11201 day tf market has been ranging
current st price action is keeping its head above daily triangle (pf) line 117* area
and there is a 4h wedge formation
its upper tl is formicable preventing price unto 121's test
this is a fight between two scenarios and which shall prevail is anyone's guess

cable 1h chart
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  • #33
  • Oct 15, 2007 3:21am Oct 15, 2007 3:21am
cable approach target x current price 20411

swissy retest support .. once price goes through reversal pattern is wreak!
  • #34
  • Oct 15, 2007 6:11am Oct 15, 2007 6:11am
cable approach target x current price 20411
target x delivered high reached 20435*
this has been a 190 pips run (20245 - 20435)
an r/r level


swissy retest support .. once price goes through reversal pattern is wreak!
the support level continues to hold on
at the moment
an r/r level (1177x)


note euro monthly pattern is still a distance away from target and market is supportive to this fact however current short term reversal pattern need to be wreak before continuation can happen in my observation
  • #35
  • Oct 15, 2007 10:27am Oct 15, 2007 10:27am
Short term wedge may suggest reversal pattern
aussie and jeppy share the same triangle
the market need to talk to me at r/r level
hold or break it will lead
  • #36
  • Oct 16, 2007 12:51am Oct 16, 2007 12:51am
Here it comes
reversal pattern inside the wedge

jeppy target hit
this run is 149 pips (11795 - 11646)
drag gippy and ey along

  • #37
  • Oct 16, 2007 2:30am Oct 16, 2007 2:30am
forex3e check your PM
  • #38
  • Edited Oct 17, 2007 5:08am Oct 16, 2007 11:21pm | Edited Oct 17, 2007 5:08am
Cable next support on 1h tf is 20285 area
a break lower would be welcome onto 4h triangle
as I am writing price is 20287
the run down is 151 pips

jeppy went down lower towards previous 4h wedge breakout level 11619 and price has rebounded along with gippy .618* 23585 ey 16459
take care on jeppy if it doesn't goes higher my daily triangles (pf) lines would be wreak!

on very short term scenario case for euro price is building triangles I see a probable probe upwards before lower can be achieve. as long as swissy reversal pattern stay intact I wait. (usually it means there is no hope) what do you see?

yesterday I created a triangle (pf) lines for e,aud
price seems to obey its parameters
with 156's (15636*) supports
and 16069 resist
a run of 433 pips

edit ends here .. my views are as clear as mud lol .. a true master
  • #39
  • Edited Oct 18, 2007 8:32am Oct 17, 2007 11:14pm | Edited Oct 18, 2007 8:32am
I read some great post here in FF
each calling their desire directions
and what is mine?

Let me check
hmm..
cable support holding 20287 .. high 20420 .. run 133 pips
.. let's put 20450 as the maximum
daily direction persist (upward)
price shooting higher to 20510 an r/r level
while former (pf) line lies higher
gippy support at 1h bb 23585 from high 24069 run 484 pips
.. rebounce 1h bb high 23880 run 295 pips
.. anywho i see only ranges unless there is a breakout
jeppy supports still holding for the time being
.. like i said before there is two scenario working on larger tf
.. one bearish one bullish
what to do?
market is the king!

swissy broke the 1h reversal pattern doh!
  • #40
  • Edited Oct 19, 2007 1:13am Oct 18, 2007 8:23pm | Edited Oct 19, 2007 1:13am
[quote]
jeppy supports still holding for the time being
.. like i said before there is two scenario working on larger tf
.. one bearish one bullish
One set of bullish triangles down the drain

current low .. gippy 23483 .. ey 16421
price completion of triangle
,
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