Aux's Asylum

same timing marks could spot possible longs, that's the fun with timing.....

again, fwiw..........

From the dailies the timing mark discussed from the 15th has held, and any opportunities to scalp short for a correction have been limited.... minor reflective timing mark showing up today, look for a mid term top on this pair forming sometime today starting a small 2 day correction to start next week before resuming the uptrend.

fwiw

I've taken a short position, partials taken and protecting 2919. Fridays are generally one way if directional. Time will tell

Earlier partials stopped out in profit. As discussed earlier, shorting into the close here, 2965/70

Fridays are normally one directional after the NYSE open, but shorting here, timing seems right?

See if the turn holds........

edit took partial +10, stops on top with profit

If we are trading time, then it's up for my earlier entry....... adjusted the down fork off this last retest, stops moved to just on top of that point, will trial the highs into the close if it continues......

till next week

Correction was short lived. From the daily chart, the current corrective leg has resumed. If the reflective timing holds, look for continued Euro strength through the end of the month. 1/31 thru 2/2

fwiw..........

Getting into the zone here from last week, on the intraday view, price is just under the fib line along with fork and upper resisting trendline. that Imho will cap the drive north.

http://www.forexfactory.com/showthre...58#post5296958

The daily reflective timing doesn't come into play until late Monday/Tuesday so guessing sometime early next week we'll see some type of spike, spring/Pinocchio bar form in consolidation. If the timing holds, look for a sell off for the next 8 weeks.

How far, how fast is anyone's guess, but we are butting against the neckline of a huge H&S.

Flip side of this scenario is that the timing inverts somewhere in the count, but until that starts to take shape, I'll hold with marks as they been accurate for awhile now.

fwiw.......see ya at the bottom

Tomorrow marks the day in the reflective pattern, at the moment, price has moved south and currently in retrace. Game plan is to look for short opportunities, minimum of a second wave south.

Best possible scenario would be a right shoulder on the smaller time frames, other play would be for price to make a new high and actually test the larger daily neckline 3270ish. If the analysis is correct, large selling pressure should be waiting there once the 3230 high is breached, bull trap.

As always, tis best to cya, so trade appropriately, cover positions as quickly as possible and try to catch a free ride. Wait for the smaller charts to conform to the larger expected view.

fwiw...........

initial position intro...... see what happens.

scaling out of shorts looking to reload on a retrace

may have pulled the trigger a tad too soon, but will adjust the charts when this push south stalls, looking for another bigger wave south as we should be starting the 3rd if my analysis is correct

Aux,
can i email you or skype perhaps?
thanks
Peter

check your pm

been awhile; SInce Uncle Ben spoke before congress the other day and failed to mention any need or possible anticipation for further QE, the $ has been on a tear, with Gold getting clobbered........ expecting possibly to see the current higher time frame fork median met today before the weekend.

If your not already short for this run best to sit and wait for better areas to launch,,, milk money scalping available playing the current small channel while it holds.

fwiw

Been away from the screens for a while, a little scalp tring to get my bearings.... fwiw

inflection points north on a cross where both parties are headed to zero.... I think Dollar weakness is the key, look for another pairing where the counter can make some legit distance,

fwiw

Not a trade recommendation....

B/ BBY 16.89

Yesterday saw a nice reversal gap at the open, closing $17.76.

place stop at BE+comm Target $21-21.50 area

simple reflected timing from the low and the prior median set's central axis has held to date. looking at a possible reversal mark coming in today or tomorrow, have my eye on a retest of the 3025 area for a possible short if seen.

time will tell