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  • #4,581
  • Aug 16, 2009 1:49am Aug 16, 2009 1:49am
Hey Alexandra, here's an offer you can't refuse!

I'll show you mine if you show me yours!
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Click to Enlarge Name: buckyen boss.gif Size: 23 KB
15 YEARS OF PASR ON FOREX FACTORY!
  • #4,582
  • Aug 16, 2009 1:57am Aug 16, 2009 1:57am
Quoting MPP
Hi Strat
I'm just getting back into this - you said finish one thing at a time - so i took some time to finish some other studies, needed to get it out of my head.

anyway, my gu charts look somewhat different to yours, i favour the short side, Bigboss (i know only half way through the month) tested the 50% fib and the 250 ma only to be rejected, this was seen in the Boss as a PB of the 50% (pivot), but was a perfect hit on the 100ma, my worker has broken through my TL, then retested it and now sits undecided, but it is now below the 20ma

in...
""anyway, my gu charts look somewhat different to yours,""

That's because you have drawn your TLs different

It may take until psycho 1.6200 to resolve itself
15 YEARS OF PASR ON FOREX FACTORY!
  • #4,583
  • Aug 16, 2009 2:11am Aug 16, 2009 2:11am
Eventually she has to follow the script!
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15 YEARS OF PASR ON FOREX FACTORY!
  • #4,584
  • Aug 16, 2009 2:37am Aug 16, 2009 2:37am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting strat
""anyway, my gu charts look somewhat different to yours,""

That's because you have drawn your TLs different

It may take until psycho 1.6200 to resolve itself
I know you like the 50ma on the daily, but i watch it on all TF's, and there it is sitting pretty at 1.6200 on the weekly, just waiting for you. would make a good target price for a short term trade.
  • #4,585
  • Aug 16, 2009 2:47am Aug 16, 2009 2:47am
Quoting MPP
I know you like the 50ma on the daily, but i watch it on all TF's, and there it is sitting pretty at 1.6200 on the weekly, just waiting for you. would make a good target price for a short term trade.
No, nothing to do with the 50 on any time frame
15 YEARS OF PASR ON FOREX FACTORY!
  • #4,586
  • Aug 16, 2009 4:03am Aug 16, 2009 4:03am
Rockers here will probably have seen the obits for Les Paul. I remember that one chap at school had a recording of him with his wife Mary and I thought it brilliant for the guitar work which seemed completely new at the time! First electric guitar I really liked after Charlie Christian.

So many followed Les Paul but only a few were able to improve on his skill, invention and musicality - at least that's my view.

Ah well......................

[Just a bit of 'off topic' stuff while working through the weekend charts]
  • #4,587
  • Aug 16, 2009 4:34am Aug 16, 2009 4:34am
Quoting Lotuselanman
Rockers here will probably have seen the obits for Les Paul. I remember that one chap at school had a recording of him with his wife Mary and I thought it brilliant for the guitar work which seemed completely new at the time! First electric guitar I really liked after Charlie Christian.

So many followed Les Paul but only a few were able to improve on his skill, invention and musicality - at least that's my view.

Ah well......................

[Just a bit of 'off topic' stuff while working through the weekend charts]
Not gone un-noticed Christopher. He and his wife, Mary Ford were a formidable duet and many don't know that Les Paul was the first to do "double tracking" by recording his voice onto an already pre-recorded track of his voice.

Buddy Holly also did the same by recording his harmony track on top of his melody track on "Words of Love". When the Beatles recorded it in 1964, John Lennon was the first to admit that even with all their electronic gadgetry, they could not improve on his 1957 version.

There are definitely more important things than forex!
15 YEARS OF PASR ON FOREX FACTORY!
  • #4,588
  • Aug 16, 2009 4:43am Aug 16, 2009 4:43am
For those still interested in how conjuncts of planets affects the trading habits of millions of traders diversely scattered all over the world:

Weekly Comments for the week beginning August 17, 2009

Review and Preview

Last week began one of the most intense time bands of geocosmic signatures for this year. Last week also witnessed many world equity markets making new highs for this year. In many cases, these indices are now up over 50% from their lows of last March. Being up over 50% and lasting at least 5 months is our criteria for a bull market within the context of the 4-year cycle. That has now been satisfied, strongly suggesting that last March was the 4-year cycle trough. However, not all indices made new highs last week. Some fell short of their highs formed the prior week, and thus we may be seeing the development of an intermarket bearish divergence pattern, if most indices closed in the lower third of next week’s range.
In Europe, the Netherlands AEX, British FTSE, and Swiss SMI indices all made new highs for this year on Thursday or Friday. However the German DAX index fell slightly short of its yearly high formed the previous week on Friday, August 10, giving a potential intermarket bearish divergence alert for European indices.
In Asia and the Pacific Rim, new yearly highs were attained on Friday in both the Japanese Nikkei and Australian All Ords indices. That was not the case, though, with the Hang Seng of Hong Kong or the NIFTY index of India, which made their yearly highs back on August 4, thus creating a potential case of intermarket bearish divergence in this region too.
In the Americas, only Brazil’s Bovespa made a new yearly high last week (Thursday). The Dow Jones and NASDAQ came close, forming double tops on Wednesday to their yearly highs of the prior week. The Merval came close on Friday too, but then sold off into the close. Thus we have the potential for intermarket bearish divergence patterns in each of our three major world regions. If these markets close in the lower third of their range this coming week, it will be considered a valid sell signal.
Gold and Silver also exhibited a possible intermarket bearish sell signal, as Silver made a new cycle high on Friday at 1518, while Gold could not exceed its high of the previous week. The same was true with Crude Oil.

Short-Term Geocosmics

As stated last week, “We are about to enter one of the most potentially explosive geocosmic time bands of the year. Starting this Monday, August 10, and lasting through August 26, there will be nine important geocosmic signatures occurring ... But it goes even beyond that, because these Level One signatures involve the explosive planets Mars, Jupiter and Uranus. You may remember from previous columns that any time there is a cluster of signatures involving these three planets in any combination, the possibility of very large price swings is great… The significance of these signatures is apt to show up in mundane matters too. Although we never know what types of events to expect from Uranus (it rules surprises), we do know that earthquakes, tornadoes, hurricanes, high winds and storms, as well as terrorist strikes, airplane disasters, and electrical outages have happened before under similar configurations.” Last week witnessed a typhoon that killed over 100 in Taiwan, two earthquakes in Asia, the first hurricane of the season, and wildfires in California. The midpoint of this geocosmic cluster doesn’t even hit until August 18, which is also the date that Mars will square Uranus, perhaps the most dangerous of all the signatures in this time band.
In addition to these numerous geocosmic signatures, we also find heliocentric Mercury starting its transit through Sagittarius, August 14-26. This is a period when large price swings are also in evidence, especially in precious metals and currencies. (OK - let's all watch and see what happens and report accordingly!) Usually precious metals are bullish for 3-9 days in this interval. If you are a short-term trader who likes volatility and large price swings in short amounts of time, then this coming week may be ideal for you. If you like things calm and under control, it may be better to stand aside and not trade this week.
Long-term thoughts

“We’ve got to make it cool to be in business again. We really have to repolish the value of what business brings to Mankind.” - Ford CEO and President Alan Mulally, in a speech last week.
Last week’s column discussed the potentially negative implications upon the sustainability of economic growth that would be caused by raising taxes on small businesses, especially as the U.S. is just starting to come out of its worst recession since the “Great Depression” of the 1930’s. The idea was to reverse the historical themes of the 16-20 year Saturn-Pluto waning phase, currently in effect 2001-2020. This is the phase where, historically, capitalistic economies go from budget surplus to government deficits, accompanied by increased government spending, increased taxes, increased interest rates. Predictably, when those policies take effect, recessions become more numerous and longer lasting, and so do bear markets in stocks. This 16-20 year alternating cycle between “good and bad economic times” is not just an astrological theory, but a consistent cycle that has also been observed by none other than Warren Buffet. In an interview in the December 2001 issue of Fortune magazine, Buffet described a similar 17-year alternating period, with these very policy shifts, using examples going back to 1964. Last week’s column concluded that if the government wants to reverse that history, then they will have to reverse the policies that accompany this history. And one of the keys is to deliver policies that help put people back to work so they add to the government’s tax receipts, instead of take from it.
Another means that would aid this goal involves corporate responsibility and sensitivity to the well-being of the greater whole. It has – or should – have nothing to do with government. Presently we are in a 30-year transit of Saturn through the signs of Virgo and Libra – the middle of the zodiac, and a sector in which financial disparities can give rise to class warfare. In today’s world of high unemployment, there is resentment against corporate executives who receive compensation, bonuses, or “golden parachutes” (for retiring), exceeding $10 million, and in many cases, over $100 million. These compensation packages have been given even in spite of a dismal performance by the corporate executive. The fact is that for every $100 million bonus or annual income that is given out to one person, 1666 new people could have been hired at $60,000/year. Instead of collecting unemployment benefits, these additional workers would be paying income and all their withholding taxes (corporate executives do not pay “all their withholding taxes” after a certain amount is earned). Additionally, that is 1666 consumers who will purchase more goods, thus providing a “real” stimulus to the economy.

Yet here is the thing that few corporate and banking heads understand: Pluto is now in Capricorn, 2008 through 2023. The whole unethical business-banking-political relationship that has taken advantage of societies throughout the world and given rise to resentment and rage over the income disparity between the “haves” and “have nots,” is now due to come crashing down – unless business leaders develop an awareness of their ethical responsibility to the world in which they function. And until that happens too (along with stable government fiscal and taxing policies), this economic recovery is not likely to produce the number of new jobs – and new taxpayers - needed to sustain growth for very long. It is not just government that needs to understand the historical consequences of its spending and taxing policies in the waning phase of the Saturn-Pluto cycle. Business leaders also have to understand the historical consequences of their inequitable compensation and hiring practices during the transit of Saturn through the middle of the zodiac, and how it undermines their relationship to the community in which they operate, and contributes to the social ills that come with high unemployment.
15 YEARS OF PASR ON FOREX FACTORY!
  • #4,589
  • Aug 16, 2009 6:09pm Aug 16, 2009 6:09pm
Quoting strat
For those still interested in how conjuncts of planets affects the trading habits of millions of traders diversely scattered all over the world:


Weekly Comments for the week beginning August 17, 2009

...

Strat,

That comes from StarIQ and Raymond Merriman, doesn't it?

Are you finding their astrological market recommendations useful or just a curiosity?

Dave
  • #4,590
  • Aug 16, 2009 6:27pm Aug 16, 2009 6:27pm
Hey Strat, I will never show you mine, but if you look (down south) on that weekly TL around 93 you may see it, because I will be there waiting!

You will also get a glimpse of my stuff on any reversal around the 94 area. I see that level from 1/06/09 as highly relevant.

It's consolidative in other words. I see the PA, so I am holding my powder, as it were...but my funnymentals have not changed. I am bargain shopping again, so I will be "excited" if you see me down there at 93.
  • #4,591
  • Aug 16, 2009 6:35pm Aug 16, 2009 6:35pm
In interest of full disclosure, I am buying a scant bit of 94.50 right..........now.

The market opened there on March 20.
  • #4,592
  • Aug 16, 2009 7:20pm Aug 16, 2009 7:20pm
Quoting Alexandra
Hey Strat, I will never show you mine, but if you look (down south) on that weekly TL around 93 you may see it, because I will be there waiting!

You will also get a glimpse of my stuff on any reversal around the 94 area. I see that level from 1/06/09 as highly relevant.

It's consolidative in other words. I see the PA, so I am holding my powder, as it were...but my funnymentals have not changed. I am bargain shopping again, so I will be "excited" if you see me down there at 93.
Sorry I don't think im completely understanding you here

You are looking for long positions at 94 and 93? You said you see the PA, can you please post a chart to show it

Thanks
  • #4,593
  • Aug 16, 2009 7:55pm Aug 16, 2009 7:55pm
I mean that I see the bearish PA to which the prior posts refered (and charted) - in contrast to my bullish longer term view......

So much for my feable attempt at inuendo and humor!
  • #4,594
  • Aug 17, 2009 5:37am Aug 17, 2009 5:37am
Quoting PistolDave
Strat,

That comes from StarIQ and Raymond Merriman, doesn't it?

Are you finding their astrological market recommendations useful or just a curiosity?

Dave
Not sure - just something that some sales peddler sends me! I normally delete it straightaway!

""Are you finding their astrological market recommendations useful or just a curiosity?""

If it was of any value I would use it but as I say, it usually hits the trash as soon as I see it.
15 YEARS OF PASR ON FOREX FACTORY!
  • #4,595
  • Aug 17, 2009 5:59am Aug 17, 2009 5:59am
Hey Dai Bach, boyo!

""Like strat I have a way of measuring cycles and my Daily is very close to topping, It would be interesting to know if strat's daily is doing the same.""

My first cycle top warning on the Worker came on August 3 at psycho 1.7000. The last 2 days hasn't done anything except confirm 1.7000 as bloody tough resistance which is only to be expected. Strange though I don't have a full blooded warning on the BOSS - only a half cocked one - maybe it needs another week to confirm (or otherwise).

Glad you're still around Roy.

Bloody hell, for someone who doesn't spoon feed, that was one helluva signal we gave, Roy - triple pips and still running!
15 YEARS OF PASR ON FOREX FACTORY!
  • #4,596
  • Aug 17, 2009 7:10am Aug 17, 2009 7:10am
Strat, remember what I said about stagnating. We are now back to where we were 13 weeks ago.

Time to move on.

Just wish somebody would post some charts with a ticket on to give others encouragement. come on folks.

Roy
Polishing my crystal ball
  • #4,597
  • Aug 17, 2009 7:19am Aug 17, 2009 7:19am
Quoting 30XTCi

Just wish somebody would post some charts with a ticket on to give others encouragement. come on folks.

Roy
Hi Roy
I share your sentiment on Gold .. I sold a break and retest of the trendline and last weeks lows.
Attached Image (click to enlarge)
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  • #4,598
  • Aug 17, 2009 7:46am Aug 17, 2009 7:46am
Quoting 30XTCi

Just wish somebody would post some charts with a ticket on to give others encouragement. come on folks.

Roy
GBPJPY break of weekly bearish bar and last weeks lows
Attached Image (click to enlarge)
Click to Enlarge Name: gj daily.gif Size: 20 KB
  • #4,599
  • Aug 17, 2009 8:48am Aug 17, 2009 8:48am
I wanted to post one last night (prior to Sun open), to get a critique whether I'm even close in reading the chart, but I couldn't figure out how to do it. I can, however, attach as an attachment. Reader will have to hit a link to pull it up. Is this acceptable with this audience?

Maybe someone could direct me to instructions of how to insert a chart...like lead by the hand...
punch this, punch that, etc.

I'm not a computer afficionado & my frustration with it exceeds my desire to master it. I'm still marveling about running water...computer is really "over the top" in my little world!

Thanks
  • #4,600
  • Aug 17, 2009 9:07am Aug 17, 2009 9:07am
Quoting petero
I wanted to post one last night (prior to Sun open), to get a critique whether I'm even close in reading the chart, but I couldn't figure out how to do it. I can, however, attach as an attachment. Reader will have to hit a link to pull it up. Is this acceptable with this audience?

Maybe someone could direct me to instructions of how to insert a chart...like lead by the hand...
punch this, punch that, etc.

I'm not a computer afficionado & my frustration with it exceeds my desire to master it. I'm still marveling about running water...computer...
I am not either but posting a chart is easy. When you go to post a reply there is a tab at the top called attachments with a paperclip symbol. You can use that to upload pictures of charts from your computer. Select the file, click upload and then post your reply.
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