target adjusted to 1.4834
When life gives you lemons, make lemonade
Cable Update (GBPUSD)
- #128,901
- Apr 3, 2009 7:36am Apr 3, 2009 7:36am
- Joined Mar 2008 | Status: Fooled by randomness | 8,365 Posts
- #128,905
- Edited 3:25pm Apr 3, 2009 3:10pm | Edited 3:25pm
- | Membership Revoked | Joined Aug 2006 | 11,977 Posts
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
- #128,907
- Apr 4, 2009 10:18am Apr 4, 2009 10:18am
- Joined Mar 2008 | Status: Fooled by randomness | 8,365 Posts
When life gives you lemons, make lemonade
- #128,908
- Apr 4, 2009 11:43am Apr 4, 2009 11:43am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
....LOL....I'm up +438 THIS WEEK and I'm a know nothing NEWBIE!!...
But hey, have you heard of this yet?? Brand new...Cut & pasted right from the email I got!!
Multi-Market Condition Top Performer Fx Robot – Forex MegaDroid
Oh yea baby!! this puppy has...
"This is the first robot that uses a new Artificial Intelligence technology: RCTPA
You probably know by know what that means... but if you don't:
It means that this is the ONLY Forex robot that sees into the immediate future with an uncanny accuracy rate"
WOW!! Finally...
- #128,911
- Apr 4, 2009 4:13pm Apr 4, 2009 4:13pm
- Joined Mar 2008 | Status: Fooled by randomness | 8,365 Posts
When life gives you lemons, make lemonade
- #128,912
- Apr 4, 2009 4:23pm Apr 4, 2009 4:23pm
- Joined Mar 2008 | Status: Fooled by randomness | 8,365 Posts
When life gives you lemons, make lemonade
- #128,914
- Apr 5, 2009 9:45am Apr 5, 2009 9:45am
Our weekly chart Almost showing a bullish engulfing pattern, not a perfect one, but yet!! it's something
The Daily Chart shows nothing but Some Bullish Soldiers, not a good sign for the ones betting on the shorts
and here's our plan!
comments and critics are welcome!
The Daily Chart shows nothing but Some Bullish Soldiers, not a good sign for the ones betting on the shorts
and here's our plan!
comments and critics are welcome!
Fay All Time Return:
-98.7%
- #128,918
- Apr 5, 2009 12:14pm Apr 5, 2009 12:14pm
- Joined Jul 2007 | Status: Senior Member | 1,553 Posts
Happy Trading.
PS: sorry for the last Friday, issues with the connection
PS: sorry for the last Friday, issues with the connection
- #128,919
- Apr 5, 2009 12:21pm Apr 5, 2009 12:21pm
- | Joined Oct 2007 | Status: work in progress | 1,009 Posts
Here's Cable long term outlook with Delta - LTD chart.
Another low for cable this year still can not be ruled out yet because we still do not know whether Super Long Term Delta 2 has arrived at LTD 14 or not.
From analysis of Delta LTD chart and looking back at previous cycles, these are the observations:
1. In the previous 2 cycles, LTD 15 was due in the period of March - April. If the pattern repeats again this year, we could expect LTD 15 high to be due this month too, and this means that the current rally may be short lived. Delta howerver allows LTD 15 to be due as late as June. It's just that from looking back at previous 2 cycles, it was due in March - April.
2. In the previous 2 cycles, SLTD 2 low was due together with LTD 16 low around the time period of June - July (I circled in red). This means that if SLTD 2 also arrives at the same time this year, then after we finish this upmove to LTD 15, we will move lower to LTD 16 and LTD 16 will be lower than LTD 15 (lower than 1.35). This would then be THE bottom for cable, due around June - July.
Conclusion:
- Although we may have a nice rally in the near - medium term, it's too early to say that cable has bottomed out. SLTD 2 low has not been confirmed and in fact in previous 2 cycles, it arrived in June - July together with LTD 16. If this year repeats the pattern of past 2 cycles, then it supports the view of EW count that we have not finished wave 5, and that we are currently finishing a flat wave 4.
- But if SLTD 2 has arrived with LTD 14 low this year (SLTD 2 can arrive either at LTD 14 or LTD 16 according to Delta rule), then this rally will be quite big, and SLTD 3 will not arrive until later this year.
when you guys all had shortitis back at 138ish I posted the first delta count long but few listened and fewer probably looked into delta,
now 1000 pips everyone later everyone has longitis
trade smart and do not blindly follow anyone, if you cannot read charts...YOUR own charts then write your broker a check and go work a fulltime day job
Another low for cable this year still can not be ruled out yet because we still do not know whether Super Long Term Delta 2 has arrived at LTD 14 or not.
From analysis of Delta LTD chart and looking back at previous cycles, these are the observations:
1. In the previous 2 cycles, LTD 15 was due in the period of March - April. If the pattern repeats again this year, we could expect LTD 15 high to be due this month too, and this means that the current rally may be short lived. Delta howerver allows LTD 15 to be due as late as June. It's just that from looking back at previous 2 cycles, it was due in March - April.
2. In the previous 2 cycles, SLTD 2 low was due together with LTD 16 low around the time period of June - July (I circled in red). This means that if SLTD 2 also arrives at the same time this year, then after we finish this upmove to LTD 15, we will move lower to LTD 16 and LTD 16 will be lower than LTD 15 (lower than 1.35). This would then be THE bottom for cable, due around June - July.
Conclusion:
- Although we may have a nice rally in the near - medium term, it's too early to say that cable has bottomed out. SLTD 2 low has not been confirmed and in fact in previous 2 cycles, it arrived in June - July together with LTD 16. If this year repeats the pattern of past 2 cycles, then it supports the view of EW count that we have not finished wave 5, and that we are currently finishing a flat wave 4.
- But if SLTD 2 has arrived with LTD 14 low this year (SLTD 2 can arrive either at LTD 14 or LTD 16 according to Delta rule), then this rally will be quite big, and SLTD 3 will not arrive until later this year.
when you guys all had shortitis back at 138ish I posted the first delta count long but few listened and fewer probably looked into delta,
now 1000 pips everyone later everyone has longitistrade smart and do not blindly follow anyone, if you cannot read charts...YOUR own charts then write your broker a check and go work a fulltime day job
Don't chase the market, Let the market come to you
