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  • #17,801
  • Dec 4, 2012 7:01am Dec 4, 2012 7:01am
Quoting maximmm
expanding triangle - no more

Today is a very important day for me. We might see the new high, but we should also see full on reversal. If this does not happen, I may have to cut half of my shorts.

Why reversal today? Turnaround Tuesdays - a religion of a sort^^
Ouch ! What are you going to cut it off at?
  • #17,802
  • Dec 4, 2012 7:01am Dec 4, 2012 7:01am
Quoting kerrydrake
I am looking for that crazy Alien, he had some good ideas and projected a 6 day move spot on last week. What have you guys done with him? LOL just kidding. 4h is strong but the 1h has to cycle down before I go long again. I like to trade with oscillators. If one tf is long, I wait for the lessor time frame to cycle down to the bottom and then I step in again.
Nice. What trader you are?
  • #17,803
  • Dec 4, 2012 7:03am Dec 4, 2012 7:03am
Quoting kerrydrake
Ouch ! What are you going to cut it off at?
There is no level - just time
At what time? within 24 hours - if reversal signs are not in place, then half shorts are done.

The second half? upon reaching 1.06
  • #17,804
  • Dec 4, 2012 7:11am Dec 4, 2012 7:11am
Quoting kerrydrake
Don't ever adjust your gossip because another views. Then you allow yourself to second guess yourself, and that will show up in your trading.
You didn't understand me or I didn't made it clear enough. I think with the gossip he meant something else. It won't have affect on my trading. I just may not post a lot anymore than. I will just continue trading how I am doing now. How or what I post won't have much affect. But thanks for your concerns I appreciate it
  • #17,805
  • Dec 4, 2012 7:27am Dec 4, 2012 7:27am
it appears as if 1.05 is next, while the broken expanding wedge line will serve as support, leading to yet another expanding wedge between the broken rising TL and the broken expanding triangle line.
Finally, that interplay between the two lines - or the new expanding triangle, should in fact form head and shoulders formation. So - a shoulder at or below 1.05, head at 1.0520 and then another shoulder, later on leading to crash - or so the theory goes.
  • #17,806
  • Dec 4, 2012 7:38am Dec 4, 2012 7:38am
Quoting maximmm
it appears as if 1.05 is next, while the broken expanding wedge line will serve as support, leading to yet another expanding wedge between the broken rising TL and the broken expanding triangle line.
Finally, that interplay between the two lines - or the new expanding triangle, should in fact form head and shoulders formation. So - a shoulder at or below 1.05, head at 1.0520 and then another shoulder, later on leading to crash - or so the theory goes.
It won't touch 1.05 today. IMO
daddybearforex. com
  • #17,807
  • Dec 4, 2012 7:39am Dec 4, 2012 7:39am
My chart confirms my sucipisions that the current AB boundary will be broken. You can see the main AB boundary bounced off the 78.6 and is headed to the 27.0 which is 1.0545. The current sub ab boundary completed it's C at the 61.8 and is currently on it's way to the 1.618 at the 1.0545. This is a great confirmation for me, in the fact that these D extensions line up. I have my TP set for 1.0535.
Attached Image (click to enlarge)
Click to Enlarge Name: 12-4-2012 7-35-52 AM.png Size: 46 KB
Good luck and may the odds be ever in your favor!
  • #17,808
  • Dec 4, 2012 7:44am Dec 4, 2012 7:44am
Quoting dbutton1990
My chart confirms my sucipisions that the current AB boundary will be broken. You can see the main AB boundary bounced off the 78.6 and is headed to the 27.0 which is 1.0545. The current sub ab boundary completed it's C at the 61.8 and is currently on it's way to the 1.618 at the 1.0545. This is a great confirmation for me, in the fact that these D extensions line up. I have my TP set for 1.0535.
We will see this happen by Friday IMO
Good luck and may the odds be ever in your favor!
  • #17,809
  • Dec 4, 2012 7:49am Dec 4, 2012 7:49am
Quoting DaddyBear
It won't touch 1.05 today. IMO
Today is the magic Tuesday. Remarkable things happen on Tuesdays^^
  • #17,810
  • Dec 4, 2012 8:02am Dec 4, 2012 8:02am
Quoting dbutton1990
My chart confirms my sucipisions that the current AB boundary will be broken. You can see the main AB boundary bounced off the 78.6 and is headed to the 27.0 which is 1.0545. The current sub ab boundary completed it's C at the 61.8 and is currently on it's way to the 1.618 at the 1.0545. This is a great confirmation for me, in the fact that these D extensions line up. I have my TP set for 1.0535.
Here is a compressed look.
Attached Image (click to enlarge)
Click to Enlarge Name: 12-4-2012 8-00-57 AM.png Size: 49 KB
Good luck and may the odds be ever in your favor!
  • #17,811
  • Dec 4, 2012 8:03am Dec 4, 2012 8:03am
Quoting dbutton1990
Here is a compressed look.
it looks like the indicator at the bottom is just about topped out, I expect a small retracement before the finale.
Good luck and may the odds be ever in your favor!
  • #17,812
  • Dec 4, 2012 8:11am Dec 4, 2012 8:11am
Quoting dbutton1990
it looks like the indicator at the bottom is just about topped out, I expect a small retracement before the finale.
The retracement shall be a decent size. IMO
daddybearforex. com
  • #17,813
  • Dec 4, 2012 8:14am Dec 4, 2012 8:14am
Quoting DaddyBear
The retracement shall be a decent size. IMO
Need some compression by the bears before unwinding.
daddybearforex. com
  • #17,814
  • Dec 4, 2012 8:15am Dec 4, 2012 8:15am
Quoting DaddyBear
The retracement shall be a decent size. IMO
between 60 and 100+ pips would be down to at least the 1.0411.
Good luck and may the odds be ever in your favor!
  • #17,815
  • Edited 8:30am Dec 4, 2012 8:19am | Edited 8:30am
Contrary to some ultra bears' thinking, the Aussie has entered a new phase, a new sub-wave, since Sunday.
daddybearforex. com
  • #17,816
  • Dec 4, 2012 8:26am Dec 4, 2012 8:26am
Quoting dbutton1990
between 60 and 100+ pips would be down to at least the 1.0411.
The retracement is based on the previous wave. 100+ pips is beyond the reach.
daddybearforex. com
  • #17,817
  • Dec 4, 2012 8:31am Dec 4, 2012 8:31am
Quoting daddybear
the retracement is based on the previous wave. 100+ pips is beyond the reach.
38.2=1.0447, 50.0=1.0438, 61.8=1.0427, 78.6=1.0411
Good luck and may the odds be ever in your favor!
  • #17,818
  • Dec 4, 2012 8:33am Dec 4, 2012 8:33am
Quoting dbutton1990
38.2=1.0447, 50.0=1.0438, 61.8=1.0427, 78.6=1.0411
I'm aiming for the 38.2
Good luck and may the odds be ever in your favor!
  • #17,819
  • Edited 9:13am Dec 4, 2012 9:01am | Edited 9:13am
this ultra bear thinks that the last wave higher will start from 1.0460 level -
alas, that 15 pip 'drop' to 1.0460 may take 8 hours^^ haha
  • #17,820
  • Dec 4, 2012 9:17am Dec 4, 2012 9:17am
Quoting maximmm
this ultra bear thinks that the last wave higher will start from 1.0460 level -
alas, that 15 pip 'drop' to 1.0460 may take 8 hours^^ haha
Your thoughts?
Good luck and may the odds be ever in your favor!
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