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  • #565,581
  • Nov 24, 2011 1:43am Nov 24, 2011 1:43am
looking at 500 pips rally in this month..

This month means by december end.
  • #565,582
  • Nov 24, 2011 1:46am Nov 24, 2011 1:46am
According to suthmo's 14th law of bull channel dynamics, this move should target 3417 (could be a tad lower 3410?) I'll try and sell, target 3358 buy and hold until bull channel completes or fails.

Does anyone else have a gap at 3426 3404 or is it my brokers feed? Will it jump up and fill at first approach of 3417? I expect retrace here. As long as the bull channel holds it will fill later anyway.

Happy killing off noble peaceful culture and replacing it with evil day. And stealing the sacred xmas turkey now substituted with prime rib ya 3rd world colonist scum.
Founder of Sutherland Wave Principle
  • #565,583
  • Nov 24, 2011 1:48am Nov 24, 2011 1:48am
500 pips i expect.
  • #565,584
  • Nov 24, 2011 1:52am Nov 24, 2011 1:52am
I'm looking for a retest of 1.3410, and hopefully 1.3450 for another ride down. I wouldn't take a decent long yet.
  • #565,585
  • Nov 24, 2011 1:55am Nov 24, 2011 1:55am
Think there's still 3 little retraces and 3 little waves to get in before 3417?
Founder of Sutherland Wave Principle
  • #565,586
  • Nov 24, 2011 1:56am Nov 24, 2011 1:56am
Quoting 21vs7
Hehee, just being ridiculous. Tight SL ...

I see region 1,3382-1,3403 where this will be decided. Some pressure up, but we just do not wanna safe those who went long on 1,3435, dont we??

Let us see.

Finito, Danny Devito! The guy has a birthday-67!

I very much like DAX on this levels there. We could be seeing the fall from now on.
  • #565,587
  • Nov 24, 2011 2:04am Nov 24, 2011 2:04am
Quoting suthmo
Think there's still 3 little retraces and 3 little waves to get in before 3417?
That was one the next one will drop a little bit higher than that one. Could see 3366 before back up on this one?
Founder of Sutherland Wave Principle
  • #565,588
  • Nov 24, 2011 2:05am Nov 24, 2011 2:05am
Quoting 21vs7
Finito, Danny Devito! The guy has a birthday-67!

I very much like DAX on this levels there. We could be seeing the fall from now on.
why?
  • #565,589
  • Nov 24, 2011 2:07am Nov 24, 2011 2:07am
Quoting suthmo
That was one the next one will drop a little bit higher than that one.
what do you expect ? 3 waves and then fall down?
  • #565,590
  • Edited 2:27am Nov 24, 2011 2:08am | Edited 2:27am
Quoting suthmo
That was one the next one will drop a little bit higher than that one.
ok , if not able ( 3413 & 3481) then 3296-3241 play waiting , lets see what it wants to. break 3356/3 & hold for some more time to accomplish that may .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #565,591
  • Nov 24, 2011 2:13am Nov 24, 2011 2:13am
Quoting aamarti
what do you expect ? 3 waves and then fall down?
Yup retrace to 3358
Founder of Sutherland Wave Principle
  • #565,592
  • Nov 24, 2011 2:16am Nov 24, 2011 2:16am
Quoting aamarti
why?
Continuance.

I have some trendline there which worked before. On 4H DAX broke some STRONG trendline. 5.542 can easily be the top of the day. At least we could try 5.480 for once. FA working also into this short position.
30M channel established.

IFO in 45M.

Quoting suthmo
Yup retrace to 3358
I agree also with this level which will decide what we are gonna do. If break, we could be testing lows agaijn.
  • #565,593
  • Nov 24, 2011 2:21am Nov 24, 2011 2:21am
Daily chart shows the 61, 38 and 23 Fibs of year's high and October's low have all been played out now. The falling wedge is still in tact and considered to be a bullish pattern - we'll have to wait and see!
Attached Image
I've got my pips - go get yours!
  • #565,594
  • Nov 24, 2011 2:26am Nov 24, 2011 2:26am
Quoting Chicky
Happy Thanksgiving!


I think Babie is bullish...................... you may safely short.

Thank you! And THANK YOU FxBabie. Out +21p. Always nice to start the day with a little sumthin. Almost blind entry.
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  • #565,595
  • Nov 24, 2011 2:49am Nov 24, 2011 2:49am
i think it's dangerous to enter a trade +/- 15 mins before or after london opens. ..

the sudden volatility always gives me the WRONG signal!
  • #565,596
  • Nov 24, 2011 2:52am Nov 24, 2011 2:52am
Quoting Alexone
Thank you! And THANK YOU FxBabie. Out +21p. Always nice to start the day with a little sumthin. Almost blind entry.
Do any of you live trade today, especially after London volume..in 2 hours or so?
  • #565,597
  • Nov 24, 2011 2:53am Nov 24, 2011 2:53am
Quoting happytrader
i think it's dangerous to enter a trade +/- 15 mins before or after london opens. ..

the sudden volatility always gives me the WRONG signal!
wait for the setup , don't jump too quickly or too late, now days i keep my live trading platform closed and watch demo platform , if my setup comes open live and trade.
Mohan
  • #565,598
  • Nov 24, 2011 2:54am Nov 24, 2011 2:54am
Quoting FX Babie
i saw a correction yesterday when most if the niggers here were thinking of more downside ...lol ... TOOOOOOOOOOOOOOOOOO many newbies here ! make the place stink !!!!!!!!
LOLOL

Most ppl saw more downside at 1.38 2 weeks ago and more downside at 1.3450 yesterday while you were LONG

You make trading a lot easier! Gonna create a EA to track your trade calls and counter trade! Will probably be a millionaire by next year
  • #565,599
  • Nov 24, 2011 2:56am Nov 24, 2011 2:56am
Quoting happytrader
i think it's dangerous to enter a trade +/- 15 mins before or after london opens. ..

the sudden volatility always gives me the WRONG signal!
Yes it is dangerous to trade before London Open. But i had confirmation from one of the best indis on this site. You know who im talking about
  • #565,600
  • Nov 24, 2011 2:57am Nov 24, 2011 2:57am
Quoting kibescorp
FX Babie is correct.

We are overdue for a major retracement.

Both technically as well as fundamentally, all signs point to a retracement (if not the start of a whole new trend in the opp. direction) on the daily charts.
Being right at wrong time is still wrong. The guy has been long since 1.3800

And now after 400 pips down, you think he's correct? Guess you give too much credit
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