All the best then for the trade and the exams!!
Tra-X
- #1,261
- Oct 30, 2007 11:34am Oct 30, 2007 11:34am
- | Joined Sep 2006 | Status: Forex Newbie | 1,517 Posts
- #1,262
- Oct 30, 2007 3:51pm Oct 30, 2007 3:51pm
- Joined Jul 2006 | Status: Charts + PA > * | 3,251 Posts
Opportunity #G55/07
GBP/USD Long
3 parts
Entry: 2.0570
Stop (initial): 2.0520
Already took 1st profit at 2.0651 for +81, S/L tightened to 2.0574 (guarantees +4).
Update 1: Set TP2 at 2.0720 for +150.
Might prolly be my last trades until exams finish next month.
Fingers crossed for 1.46, 2.08 and A grade tests
Took a while, but seems we finally got here(cable)...
Take care,
SeekingLight
Trust price. Know yourself.
- #1,263
- Oct 30, 2007 4:18pm Oct 30, 2007 4:18pm
- Joined Jul 2006 | Status: Charts + PA > * | 3,251 Posts
Just couldn't resist at least posting one count attempt 
Could be we did 1-2 / 1-2 and are now starting to enter the 3...we'd have quite high targets..
Looking at this whole big shebang as part of another really big impulse and entering the final stages with this last bit perhaps being either a 5 of a 3 or a real 5 forming. Some decent trending on GBPUSD would be nice again for once, even if just for 2-400 pips.
I always am unsure which pattern that looks like a 1-2 really is one and which one is the subwave of the next 3 coming in turn...never know how to distinguish those..
Could be we did 1-2 / 1-2 and are now starting to enter the 3...we'd have quite high targets..
Looking at this whole big shebang as part of another really big impulse and entering the final stages with this last bit perhaps being either a 5 of a 3 or a real 5 forming. Some decent trending on GBPUSD would be nice again for once, even if just for 2-400 pips.
I always am unsure which pattern that looks like a 1-2 really is one and which one is the subwave of the next 3 coming in turn...never know how to distinguish those..
Trust price. Know yourself.
- #1,264
- Oct 31, 2007 10:08am Oct 31, 2007 10:08am
- | Joined Sep 2006 | Status: Forex Newbie | 1,517 Posts
Tra-X
- #1,265
- Oct 31, 2007 10:22am Oct 31, 2007 10:22am
- | Joined Sep 2006 | Status: Forex Newbie | 1,517 Posts
I always am unsure which pattern that looks like a 1-2 really is one and which one is the subwave of the next 3 coming in turn...never know how to distinguish those..
Tra-X
- #1,266
- Oct 31, 2007 11:32am Oct 31, 2007 11:32am
- | Joined Sep 2006 | Status: Forex Newbie | 1,517 Posts
Tra-X
- #1,267
- Oct 31, 2007 11:57am Oct 31, 2007 11:57am
- | Joined Sep 2006 | Status: Forex Newbie | 1,517 Posts
Tra-X
- #1,268
- Oct 31, 2007 12:10pm Oct 31, 2007 12:10pm
- Joined Jul 2006 | Status: Charts + PA > * | 3,251 Posts
Trade is closed and reversed.
End of mini wave 3 or 5 (?).
Hmz...well I have 2.0820 as a possible (subsubsubsubsubsubsub)wave 3 end, yes...but to trade the drop... :o
Well done on the long!
Trust price. Know yourself.
- #1,269
- Nov 1, 2007 1:59am Nov 1, 2007 1:59am
- Joined Jul 2006 | Status: Charts + PA > * | 3,251 Posts
So, 2.12, huh... 
Just a big monthly count attempt...I think it works out quite well, but you like to count those bumps (3.3 / 3.5) differently I think...nonetheless, the interesting bit is the last impulse...the 5
Targets for that is what interests us all the most, no?
We already hit the "normal" one at the 2.07xx...the next one HAS to be higher out to conform to this projection...otherwise I am just plain wrong and we may as well just go into a prolonged and nasty 4(oh dear...please no..rather have simple corrections, they are sooo tradeable)
If you have 5 minutes between study, let me know whatcha think, if you're too busy that's alright, too =)
Just a big monthly count attempt...I think it works out quite well, but you like to count those bumps (3.3 / 3.5) differently I think...nonetheless, the interesting bit is the last impulse...the 5
Targets for that is what interests us all the most, no?
We already hit the "normal" one at the 2.07xx...the next one HAS to be higher out to conform to this projection...otherwise I am just plain wrong and we may as well just go into a prolonged and nasty 4(oh dear...please no..rather have simple corrections, they are sooo tradeable)
If you have 5 minutes between study, let me know whatcha think, if you're too busy that's alright, too =)
Trust price. Know yourself.
- #1,270
- Nov 1, 2007 6:04am Nov 1, 2007 6:04am
- | Joined Sep 2006 | Status: Forex Newbie | 1,517 Posts
Tra-X
- #1,271
- Nov 1, 2007 6:13am Nov 1, 2007 6:13am
- | Joined Sep 2006 | Status: Forex Newbie | 1,517 Posts
If you have 5 minutes between study, let me know whatcha think, if you're too busy that's alright, too =)
Currently I have the Cable's max rally range at 2.0901 from my calc tho. Retracing deeper will cancel this range.
Tra-X
- #1,272
- Nov 1, 2007 6:45am Nov 1, 2007 6:45am
- Joined Jul 2006 | Status: Charts + PA > * | 3,251 Posts
~2.12 area is something I'm considering also now that 2.08 was already hit.
Yea, 2.09 showed up on some projections here, too...it's all "tread careful" territory here..market is still nervous and it could well be that this new surge in the carry the last week and this completed a 5 wave sequence..looks like a 3 top, then 4 fall off, then topping again now..tricky stuff.
Trust price. Know yourself.
- #1,279
- Nov 14, 2007 7:00pm Nov 14, 2007 7:00pm
Post 1264
I think he's in his exams, no return on phone calls also. Let's give him a break for now.
Good luck on your exam bro. See you in a while.
Might prolly be my last trades until exams finish next month.
I think he's in his exams, no return on phone calls also. Let's give him a break for now.
Good luck on your exam bro. See you in a while.
Still waters run deep
