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  • #821
  • Aug 28, 2012 2:25pm Aug 28, 2012 2:25pm
Quoting Luis Carlos
This happened then...
So this is a buy, but the market finished the bull trend when?
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #822
  • Aug 28, 2012 2:26pm Aug 28, 2012 2:26pm
Quoting Luis Carlos
So this is a buy, but the market finished the bull trend when?
1,0610
I'll Sell when price is heading to Hell
  • #823
  • Aug 28, 2012 2:26pm Aug 28, 2012 2:26pm
Quoting gnomoneey
hello everyone...it's been awhile since posting
1- a close on h4 below monthly pivot should be bearish pa

2- a close on daily above daily pivot will be bullish
- also a bullish engulfing inside bar on h4 forming
- also a bullish inside bar forming currently
- should go to at least daily r1 1.0398
here's what i saw few hours ago....option two was in play but is currently hit close to daily r1
option two if it closes below monthly pivot we are going lower

and in my chart it is still in a downtrend from 1.061x(aug 9, 2012)..with quite a sharp slope still...
Wooooohooooo or Boooooohooooo
  • #824
  • Aug 28, 2012 2:32pm Aug 28, 2012 2:32pm
The market finished the bull trend when retest RSI 50...
Attached Image (click to enlarge)
Click to Enlarge Name: aussie then2.PNG Size: 26 KB
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #825
  • Aug 28, 2012 2:40pm Aug 28, 2012 2:40pm
Quoting Luis Carlos
The market finished the bull trend when retest RSI 50...
look at h4 that just finished
you had a bearish engulfing candle formed and this current candle is confirmation for now ...if it closes in 2.5hrs from now below monthly then we are continuing down to at least daily s1 1.0340 and lower tl support. from there we might bounce for the third time or it might gofurther down to daily s2 1.0320.
it looks like we might range for a couple of days for now....having 1.037x as the median price...
but what do i know...
Attached Image (click to enlarge)
Click to Enlarge Name: auh43.gif Size: 30 KB
Wooooohooooo or Boooooohooooo
  • #826
  • Aug 28, 2012 2:40pm Aug 28, 2012 2:40pm
What do you see at kiwi buy or sell?
Attached Image (click to enlarge)
Click to Enlarge Name: kiwi.PNG Size: 35 KB
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #827
  • Aug 28, 2012 2:43pm Aug 28, 2012 2:43pm
Quoting Luis Carlos
What do you see at kiwi buy or sell?
long testing trendline
I'll Sell when price is heading to Hell
  • #828
  • Aug 28, 2012 2:44pm Aug 28, 2012 2:44pm
Quoting gnomoneey
look at h4 that just finished
you had a bearish engulfing candle formed and this current candle is confirmation for now ...if it closes in 2.5hrs from now below monthly then we are continuing down to at least daily s1 1.0340 and lower tl support. from there we might bounce for the third time or it might gofurther down to daily s2 1.0320.
it looks like we might range for a couple of days for now....having 1.037x as the median price...
but what do i know...
So G thinks that Aussie goes down, great based as he wrote... So we go short?
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #829
  • Aug 28, 2012 2:45pm Aug 28, 2012 2:45pm
Quoting Olu
it is a buy...

Olu
There are a lot of conflicting signals all over the place. I voted for long because of the stringent elliot rules that after an ABC retracement we will have reversion to the primary trend. The only question is 'is the abc retracement complete' You can use rules like a=c etc but at the end of the day only price will tell. There is news coming out today I think that can move the AUD

I am bearish longer term because of the weekly chart I put up on this thread a while ago looking for parity

So there you have it. My confusion in full...

Olu
If you think you can or cannot do it you are correct
  • #830
  • Aug 28, 2012 2:47pm Aug 28, 2012 2:47pm
Quoting braintec
long testing trendline
So, brain says buy kiwi, he is bull aussie and kiwi...
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #831
  • Aug 28, 2012 2:48pm Aug 28, 2012 2:48pm
Quoting Olu
There are a lot of conflicting signals all over the place. I voted for long because of the stringent elliot rules that after an ABC retracement we will have reversion to the primary trend. The only question is 'is the abc retracement complete' You can use rules like a=c etc but at the end of the day only price will tell. There is news coming out today I think that can move the AUD

I am bearish longer term because of the weekly chart I put up on this thread a while ago looking for parity

So there you have it. My confusion in full...

Olu
Olu is perfect right the ABC is finished???, Let see another pair to help us with correlations...
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #832
  • Aug 28, 2012 2:51pm Aug 28, 2012 2:51pm
Quoting Luis Carlos
What do you see at kiwi buy or sell?
h4 NZD/USD view
trying to reach 50% fib from 07/25to 08/06
also is about to touch bottom support of trend line.
and daily s3
wait and see for now

weekly view
hs right shoulder top finished and is descending to .749x
Attached Image(s) (click to enlarge)
Click to Enlarge Name: nzdusdh41.gif Size: 37 KB
Click to Enlarge Name: nzdusdd1hs.gif Size: 29 KB
Click to Enlarge Name: nzdusdh412.gif Size: 45 KB
Wooooohooooo or Boooooohooooo
  • #833
  • Aug 28, 2012 2:51pm Aug 28, 2012 2:51pm
Quoting Luis Carlos
So, brain says buy kiwi, he is bull aussie and kiwi...
i think till august end is really difficult take clear decisions
I'll Sell when price is heading to Hell
  • #834
  • Aug 28, 2012 2:53pm Aug 28, 2012 2:53pm
Quoting Luis Carlos
Olu is perfect right the ABC is finished???, Let see another pair to help us with correlations...
Check out the nzdusd. I am equally bearish on this one too and price is still travelling south. At the very beginning of the downmove of the audusd from 1.06xx I felt same triangle I saw on the aud was more fully formed on the nzdusd. If the nzd is still going down the the aud might not be done yet (just inferring)

Olu
If you think you can or cannot do it you are correct
  • #835
  • Aug 28, 2012 2:56pm Aug 28, 2012 2:56pm
Quoting gnomoneey
h4 NZD/USD view
trying to reach 50% fib from 07/25to 08/06
also is about to touch bottom support of trend line.
and daily s3
wait and see for now

weekly view
hs right shoulder top finished and is descending to .749x
That is a good correlation, kiwi is near to reach a "maybe" support trendline, and aussie maybe finish the correction.

I said maybe because you dont know if that is a trendline before a bounce.
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #836
  • Aug 28, 2012 3:02pm Aug 28, 2012 3:02pm
Quoting Olu
Check out the nzdusd. I am equally bearish on this one too and price is still travelling south. At the very beginning of the downmove of the audusd from 1.06xx I felt same triangle I saw on the aud was more fully formed on the nzdusd. If the nzd is still going down the the aud might not be done yet (just inferring)

Olu
If you look at this daily chart (euro,dollar) and apply EW fast I think everyone should count like this...
Attached Image (click to enlarge)
Click to Enlarge Name: EURO DAILY.PNG Size: 26 KB
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #837
  • Edited 6:46pm Aug 28, 2012 3:02pm | Edited 6:46pm
Quoting Luis Carlos
That is a good correlation, kiwi is near to reach a "maybe" support trendline, and aussie maybe finish the correction.

I said maybe because you dont know if that is a trendline before a bounce.
look at this nzd/usd
it most likely hit below red dotted tl resistance 1.293x area and my orange ma
Attached Image(s) (click to enlarge)
Click to Enlarge Name: audnzdh422.gif Size: 32 KB
Click to Enlarge Name: nzdaudw1.gif Size: 27 KB
Wooooohooooo or Boooooohooooo
  • #838
  • Aug 28, 2012 3:05pm Aug 28, 2012 3:05pm
luis,

you have me working overtime today


pivots like i said to you before works great when trying to see s/r,it's just too bad you are not able to use mt4
Wooooohooooo or Boooooohooooo
  • #839
  • Aug 28, 2012 3:09pm Aug 28, 2012 3:09pm
Quoting gnomoneey
luis,

you have me working overtime today


pivots like i said to you before works great when trying to see s/r,it's just too bad you are not able to use mt4
hahaha!!! nice chart aus nz, I see just 4 wave down. Looking for more downtrend in that pair. That means risk aversion...
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #840
  • Aug 28, 2012 3:11pm Aug 28, 2012 3:11pm
I got to go home guys, dont trade if the market is not clear for you... So I dont trade.... :=) CHEERS
Stocktwit: LuisCarlos - twitter: @lcparodi
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