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Auslanco - GBP/JPY and GBP/USD (newstrade)

  • #214,501
  • Feb 5, 2010 6:33am Feb 5, 2010 6:33am
ill show you 2day what is a KABOOM ... i have 2 sides ..

or i KABOOOM one of my acc or i KABOOM 24k in 1 hour..

i made a trasnfer yesterday to gamble the NFP again,,LONG eur,max lots of 8std lots ,no stop ...

close my eyes and press buy button,,shut down the pc and see what happen on sunday ..

if wee see 1.4220,, its millions to short at that level,,if i KABOOM my acc,,no big deal,try aagin next month

risk/ratio,,is good..
risk only 6k to made 30k ,used that for stoploss for short entry at 1.4220 ,short close to 2 million of position size at 1.4220 ,,target 1.3 ..

balance target of 200k US $ from 6k only ,,starting at NFP 2day..
  • #214,502
  • Feb 5, 2010 6:35am Feb 5, 2010 6:35am
you really have no idea what you're talking about gucc
  • #214,503
  • Feb 5, 2010 6:41am Feb 5, 2010 6:41am
Quoting ghuisthefirs
you really have no idea what you're talking about gucc
you dont have to wrry.. just keep away from the NFP. its safer..
  • #214,504
  • Feb 5, 2010 6:43am Feb 5, 2010 6:43am
its just too bad you're just gonna throw away that money on eur/usd. You can give it better to me
  • #214,505
  • Feb 5, 2010 6:43am Feb 5, 2010 6:43am
Here are the things to keep in mind..'

I have included FIBS on the chart for wave #3...we are in wave4...if wave 4 exceeds more than 50% of wave3 (NFP)...then chances of wave 5 failure will be increased...meaning it will not break the low..

IF WAVE 2 WAS AN ABC ..WHICH IT WAS THEN WAVE4 WHICH WE ARE IN..IS GOING TO BE COMPLEX...

Here is the Rule... ENJOY!!!

For Newbies it may be difficult to digest.....

W.4
If W.2 was an ABC then W.4 will probably be complex and vica versa. This is the priciple of alternation.

Look for minimum of three fractals in lower time frame and minimum price relationship of 62% to W.2

W.4 should not penetrate W.1. A W.4 close into W.1 invalidates the W.5 setup. This is a Rule.
Price extreme often occurs before the termination of the W.4 pattern. In complex waves Time factors should be the primary consideration.

If Wave 4 has exceed >50% of Wave 3, the possibility of a 5thwave failure is increased.

The Oscillator will cross the zero line two times during W.4. First against the direction of W.3 and then in the direction of W.3 to signal that W.4 has fulfilled minimum requirements for completion.
PRICE
< 50% of W.3
W.4 38% W.3 common
W.4:W.3 < W.2:W1 on percentage basis
W.4 62% 100% 162% W.2
W.4 > 23.6% < 50% W.0 - W.3
Attached Image (click to enlarge)
Click to Enlarge Name: wave4.jpg Size: 130 KB
Markets are not Random, they are designed!
  • #214,506
  • Feb 5, 2010 6:49am Feb 5, 2010 6:49am
Quoting ghuisthefirs
its just too bad you're just gonna throw away that money on eur/usd. You can give it better to me

lets see,what happen.. its all a gamble,and hoping we reach next week 1.4220 ,,thats all .if not blown the acc in 5 min ..

dont take your trading too seriuos!!.

have fun atleast once a month..

PS.. never do this on your only real acc..
  • #214,507
  • Feb 5, 2010 6:52am Feb 5, 2010 6:52am
Quoting Raza
Here are the things to keep in mind..'

I have included FIBS on the chart for wave #3...we are in wave4...if wave 4 exceeds more than 50% of wave3 (NFP)...then chances of wave 5 failure will be increased...meaning it will not break the low..

IF WAVE 2 WAS AN ABC...
my opinion
Attached Image (click to enlarge)
Click to Enlarge Name: wave4.jpg Size: 215 KB
  • #214,508
  • Feb 5, 2010 6:53am Feb 5, 2010 6:53am
Quoting direct-trade
Quote: Quecee:

DT excellent charts. . .

Short-term I see cable dipping back to 1.60 possibly testing 1.59/1.5850 tops. . .

That being said cable will frustrate many this year as it's been in a nice range for almost a year and I expect that to continue this year. . .

[color=blue]Take a look at your monthly chart - you can see that we have not had a weekly/monthly close above 1.6730 over the past 8-9 months and we have not had a weekly and monthly...
DT,

Hit our targets like clock work imagine that. . .
Below is your road map going forward I charted this on an 8 hr basis so should be a good indication were we are headed.

I also thru in a GJ 8hr chart as well so we can compare them side by side. . .

Enjoy. . .
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu 8hr chart_03052010.gif Size: 14 KB
Click to Enlarge Name: gj 8hr chart_03052010.gif Size: 22 KB
  • #214,509
  • Feb 5, 2010 6:53am Feb 5, 2010 6:53am
Quoting feardox
my opinion
what as 1hr idiot wave got to do with weekly elliot wave.
MY OPINION NOT FINANCIAL ADVISE
  • #214,510
  • Feb 5, 2010 6:58am Feb 5, 2010 6:58am
Quoting Raza
Here are the things to keep in mind..'

I have included FIBS on the chart for wave #3...we are in wave4...if wave 4 exceeds more than 50% of wave3 (NFP)...then chances of wave 5 failure will be increased...meaning it will not break the low..

IF WAVE 2 WAS AN ABC ..WHICH IT WAS THEN WAVE4 WHICH WE ARE IN..IS GOING TO BE COMPLEX...

Here is the Rule... ENJOY!!!

For Newbies it may be difficult to digest.....

W.4
[font=Arial][color=black]If W.2 was an ABC then W.4 will probably be complex and vica...

Almost Agree With U Raza , But My Number Is A Little Different ( Just A Little ) , That Is "137.49 " .

Hope That 1 of these Numbers Will Work !

Good Luck

* Never Trust To Any Indicator *
  • #214,511
  • Feb 5, 2010 6:58am Feb 5, 2010 6:58am
Seriously, i also long on EU. Cos my count finish at 1.3650 there. SO long to 1.41 there.
Quoting Gucc
ill show you 2day what is a KABOOM ... i have 2 sides ..

or i KABOOOM one of my acc or i KABOOM 24k in 1 hour..

i made a trasnfer yesterday to gamble the NFP again,,LONG eur,max lots of 8std lots ,no stop ...

close my eyes and press buy button,,shut down the pc and see what happen on sunday ..

if wee see 1.4220,, its millions to short at that level,,if i KABOOM my acc,,no big deal,try aagin next month

risk/ratio,,is good..
risk only 6k to made 30k ,used that for stoploss for short entry at 1.4220 ,short close to 2 million of position...
  • #214,512
  • Edited 7:12am Feb 5, 2010 7:00am | Edited 7:12am
Quoting feardox
my opinion
That could be Your Bias,,, Your abc looks good

wave#3 cannot be the shortest..

wave#4 cannot intersect wave1. except for Diagnol...(it is in this case)

Also note we are in a Wedge on Daily...most often price breaks the bottom line of the wedge by 10% of the previous low and then comes back and close inside the wedge...Reversal happens right from there..

This is a unique scenario...does not happen All the time...

So my eyes are on 137...to buy...

So far chart is obeying the rules and so am I...
Markets are not Random, they are designed!
  • #214,513
  • Feb 5, 2010 7:01am Feb 5, 2010 7:01am
Quoting donfriday
what as 1hr idiot wave got to do with weekly elliot wave.
go ahead and short it.. we will see who is laughing when trading an uptrend with a short position. enjoy
  • #214,514
  • Edited 7:15am Feb 5, 2010 7:01am | Edited 7:15am
Quoting Shad
Almost Agree With U Raza , But My Number Is A Little Different ( Just A Little ) , That Is "137.49 " .

Hope That 1 of these Numbers Will Work !

Good Luck

Mine is 137.60 and 137...

I dont think there will be a Fast Action...it will be a slow death...NFP I think was priced in from last week...
Markets are not Random, they are designed!
  • #214,515
  • Feb 5, 2010 7:04am Feb 5, 2010 7:04am
Quoting special0nefx
Seriously, i also long on EU. Cos my count finish at 1.3650 there. SO long to 1.41 there.

my primary acc is closed down.. no positions ..but lets see if this gamble paid off ..dec, i made the right call..jan,,made the wrong one..and hope feb im on the right side,with long.. if we see 1.4220 ,ill used all of it on single trade for short ..its complicated but ive worked it out.. risking only a smalll amount ..
  • #214,516
  • Feb 5, 2010 7:05am Feb 5, 2010 7:05am
Here we go
Attached Image (click to enlarge)
Click to Enlarge Name: 20100205-d3ej-208kb.jpg Size: 208 KB
  • #214,517
  • Feb 5, 2010 7:07am Feb 5, 2010 7:07am
Quoting quecee5
DT,

Hit our targets like clock work imagine that. . .
Below is your road map going forward I charted this on an 8 hr basis so should be a good indication were we are headed.

I also thru in a GJ 8hr chart as well so we can compare them side by side. . .

Enjoy. . .
Hi queece
Do u remeber our eurcad conversation ?
Soon we shoud buy GBP, vs chf, cad, jpy and even usd i dont know why(no fundies reason) but charts scream BUY.
  • #214,518
  • Feb 5, 2010 7:09am Feb 5, 2010 7:09am
Quoting Gucc
my primary acc is closed down.. no positions ..but lets see if this gamble paid off ..dec, i made the right call..jan,,made the wrong one..and hope feb im on the right side,with long.. if we see 1.4220 ,ill used all of it on single trade for short ..its complicated but ive worked it out.. risking only a smalll amount ..
same here only small lots . Short when it start turning back for 1.32 there.
  • #214,519
  • Feb 5, 2010 7:10am Feb 5, 2010 7:10am
Quoting feardox
go ahead and short it.. we will see who is laughing when trading an uptrend with a short position. enjoy
i already short and for gj to close my short that will be another whipsaw day and while i will also see a buy signal along the line...trend is my friend ....
MY OPINION NOT FINANCIAL ADVISE
  • #214,520
  • Feb 5, 2010 7:11am Feb 5, 2010 7:11am
Quoting 5ysfx
Hi queece
Do u remeber our eurcad conversation ?
Soon we shoud buy GBP, vs chf, cad, jpy and even usd i dont know why(no fundies reason) but charts scream BUY.
GJ now sideway. Still wait for the move
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