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  • #143,101
  • Sep 16, 2009 2:43am Sep 16, 2009 2:43am
Quoting fontu
Price approaching one top 3 of 5th wave perhaps , expecting 1.4723 area ,monthly sr & this time it should retrace sufficiently. so above 1.47 will take care of longs with tight sl & look for shorts .
fontu

It has been known to overshoot

I have extra bullets at 1.4720 and 1.4748 just in case,
but it could be done for now




.
Some drink at the fountain of knowledge. Others just gargle !
  • #143,102
  • Sep 16, 2009 2:45am Sep 16, 2009 2:45am
Quoting Chicky
Gator, when did it last touch 85 (before 1995)? and what number below 85. Thanks.
gotta open another platform,, give me a few
those who can, do. those who cant, talk about those who can
  • #143,103
  • Sep 16, 2009 2:45am Sep 16, 2009 2:45am
Quoting stevefx
No I took the trade, not pending. We hit 4709, at least on IBFX. May go higher to 4720-4740, maybe not.
Ah, I'm still in upper 469x on my broker.
  • #143,104
  • Sep 16, 2009 2:48am Sep 16, 2009 2:48am
Quoting The Fool
Gold Fever. Its a Killer.....
Lovely, all the way to the MA.
  • #143,105
  • Sep 16, 2009 2:53am Sep 16, 2009 2:53am
Quoting The Fool
2,500 long in last 20 hrs
ok explain please
  • #143,106
  • Sep 16, 2009 2:55am Sep 16, 2009 2:55am
Quoting discohero
Ah, I'm still in upper 469x on my broker.
That's because my platform froze a few minutes ago ... LOL.
  • #143,107
  • Sep 16, 2009 2:56am Sep 16, 2009 2:56am
Quoting gatorinla
you bought close to dec top 4702 usualy a rough ride. ... unless your right and could hold on a while more then likely with a draw down..
I know, I think that Dec is what the market is trying to break!
Good Trading. (keep it simple).
  • #143,108
  • Sep 16, 2009 2:58am Sep 16, 2009 2:58am
Quoting plan-b
It has been known to overshoot

I have extra bullets at 1.4720 and 1.4748 just in case,
but it could be done for now




.
Not know exactly but limiting my expectation to that level for now but if counts be wrong it should go any level up. seems in very strong uptrend. & if right it should come down this time to near 1.4447.
fontu
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #143,109
  • Sep 16, 2009 2:59am Sep 16, 2009 2:59am
It is important to involve enough candles when making a decision.
I have been shorting this pair without enough candles and missing the bigger picture.

It still has some way to go before a retrace that might take it back to between 1.42 and 1.44

How it behaves between here and say 1.4750 is crucial for bears





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Some drink at the fountain of knowledge. Others just gargle !
  • #143,110
  • Sep 16, 2009 3:01am Sep 16, 2009 3:01am
Quoting Chicky
Gator, when did it last touch 85 (before 1995)? and what number below 85. Thanks.
best i can do for ya with this platform
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those who can, do. those who cant, talk about those who can
  • #143,111
  • Sep 16, 2009 3:02am Sep 16, 2009 3:02am
Quoting CAnthonyMVE
ok explain please
Its right there on the chart. Gold price ran from $992.57 to $1018.28 in <20 hr, a move of 2,571 pips. Had you grabbed this entire move with a $10/pip trade, you would have netted $25,710. Not bad for a days work.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #143,112
  • Sep 16, 2009 3:04am Sep 16, 2009 3:04am
Quoting fontu
Not know exactly but limiting my expectation to that level for now but if counts be wrong it should go any level up. seems in very strong uptrend. & if right it should come down this time to near 1.4447.
fontu
That level would coincide with the ML in the 2nd 60 min chart I posted yesterday.
http://www.forexfactory.com/showpost...stcount=142939
Remember markets have greater than 80% probability of making it back to the ML. Hence why I use this technique constantly.
  • #143,113
  • Sep 16, 2009 3:04am Sep 16, 2009 3:04am
Quoting The Fool
Its right there on the chart. Gold price ran from $992.57 to $1018.28 in <20 hr, a move of 2,571 pips. Had you grabbed this entire move with a $10/pip trade, you would have netted $25,710. Not bad for a days work.
hmmm i wish u had pointed this out when it was time to enter
  • #143,114
  • Sep 16, 2009 3:05am Sep 16, 2009 3:05am
It has missed 2 weekly pivots and a few daily pivots, in my opinion it will come down to 1.45 levels once it has seen the 1.4730-40 range.
  • #143,115
  • Sep 16, 2009 3:07am Sep 16, 2009 3:07am
Quoting CAnthonyMVE
hmmm i wish u had pointed this out when it was time to enter
I did, compadre. Its time to enter short now for a 3,000 pip drop by Friday.

Trade at your own risk. Don't listen to Fools.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #143,116
  • Sep 16, 2009 3:07am Sep 16, 2009 3:07am
Quoting Atlast
That level would coincide with the ML in the 2nd 60 min chart I posted yesterday.
http://www.forexfactory.com/showpost...stcount=142939
Remember markets have greater than 80% probability of making it back to the ML. Hence why I use this technique constantly.
ml monthy low?
those who can, do. those who cant, talk about those who can
  • #143,117
  • Sep 16, 2009 3:08am Sep 16, 2009 3:08am
Quoting CAnthonyMVE
hmmm i wish u had pointed this out when it was time to enter

Its a double edged sword, only for those with a strong stomach
Some drink at the fountain of knowledge. Others just gargle !
  • #143,118
  • Sep 16, 2009 3:09am Sep 16, 2009 3:09am
The past couple sessions it has been strong USD during European hours and weak USD during US trading hours. I wonder how it'll go with today with the opposite happening.

She def. doesn't like the sound of >1.4707
  • #143,119
  • Sep 16, 2009 3:09am Sep 16, 2009 3:09am
Quoting The Fool
I did, compadre. Its time to enter short now for a 3,000 pip drop by Friday.

Trade at your own risk. Don't listen to Fools.

WOWSERS, bold... yet sexy. You thinking this to hit the 1.1700 area?
Trade Like a Robot make money Like a Bank
  • #143,120
  • Sep 16, 2009 3:12am Sep 16, 2009 3:12am
Quoting Byrd
The past couple sessions it has been strong USD during European hours and weak USD during US trading hours. I wonder how it'll go with today with the opposite happening.

She def. doesn't like the sound of >1.4707
Its been a ass-kickin across the board. Nowhere to run & nowhere to hide.
"If The Fool persists in his Folly he will become wise." - William Blake
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