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  • #128,481
  • Jan 13, 2013 12:55am Jan 13, 2013 12:55am
Quoting gatorinla
y pp 2909 R1 @3774,,, mid at 3341..
debating a s.
-3241 close today wouldn't hurt a retrace possibility... not advocating a s. but a fresh long is always better in the cheap seats.
the close was at 3342 Friday. a pip above 3341 all looks bullish with the close. a monkey wrench can be thrown in the mix with a week open below 3341.. the ej also closed above 118.94, at 118.996,,, the safe way is to assume we will go higher. the ej can also throw a monkey wrench into a plan with a lower open. 3594 eu is a norm from the last attempt when we missed at 34xx..
those who can, do. those who cant, talk about those who can
  • #128,482
  • Jan 13, 2013 3:36am Jan 13, 2013 3:36am
EJ in focus


what does the time in the past offer? That is important for context of the waves. Was the move down before the low happened corrective or impulsive?

Then the fundamental question: which is the currency (USD, EUR, YEN) which is most desperate in terms to inflate its system? For me the winner is: YEN/Japan


They do have the most unsustainable debt worldwide. Right now you often hear the excuse, that Japanese debt is mostly held by his own citizens, hence not a big problem). I personally find this excuse more than laughable. Times will change - and how long after two or three decades of deflation in Japanese, after a long time where the younger people are nowhere there where their parents are wealth wise, how long will, or better can afford, this young people to buy the junk their government offers?

Only solution: outright money printing and inflation.

Look at the Japanese Government: this week they announced to even buy the debt of the European broken states LOL What an act of desperation. As if they would not have enough debt of their own, no, they too need the debt of others people.


Look here:
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  • #128,483
  • Jan 13, 2013 3:51am Jan 13, 2013 3:51am
micro counts EJ

may poke a bit higher, but is now in a premium sell area for a wave 4 correction
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  • #128,484
  • Jan 13, 2013 4:27am Jan 13, 2013 4:27am
SP500

good analysis:

http://wavepatterntraders.blogspot.i...ajor-high.html



Murrey Math for SP500

daily, weekly and monthly 8/8 at 1500, multiple divergences at these TF's
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  • #128,485
  • Jan 13, 2013 5:05am Jan 13, 2013 5:05am
Quoting infinitus
SP500

good analysis:

http://wavepatterntraders.blogspot.i...ajor-high.html



Murrey Math for SP500

daily, weekly and monthly 8/8 at 1500, multiple divergences at these TF's

look here

Inserted Video
  • #128,486
  • Jan 13, 2013 5:07am Jan 13, 2013 5:07am
Quoting infinitus
EJ in focus
what does the time in the past offer?
morning Marcus - looking at 08 crash landing level - 11400 area -- for potential longs
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  • #128,487
  • Jan 13, 2013 6:18am Jan 13, 2013 6:18am
Quoting chazzle
morning Marcus - looking at 08 crash landing level - 11400 area -- for potential longs
Where you at mate, how's trix...
Look Sharp/Trade Tight
  • #128,488
  • Jan 13, 2013 7:12am Jan 13, 2013 7:12am
Quoting PayTheLimit
Where you at mate, how's trix...
not bad fella - still in the freezing wastelands of london - Happy New Year to you mate - how's the farm going?
  • #128,489
  • Jan 13, 2013 8:17am Jan 13, 2013 8:17am
Quoting chazzle
morning Marcus - looking at 08 crash landing level - 11400 area -- for potential longs
i am not advocating a short.. if if we do open below 3341.. that's something. also 3360 was a pa of interest the other at 3380. if we did open below 3341 and we struggle at near or any time now.. st using the pa highs and lows the current high is 150% of a indicated b/o move. a st chart was posted. these are not in concrete such as a past s/r, but just show normal flow of s/r areas potential to bounce at them. we also have others from a totally different reference that suggest 3360/80 is a place of possible bounce. both are in the 150% area of a predicted min move. the ej also has a bounce area at the 150% mark at 118.94 and another at 118.89.. needless to say they were broke w/o a problem going up, and closed above. all very bullish looking. a open below may signal a crack in the dike. or even a touch of eu 3380 and a fall with close below 3341.
before the boj decided to ease pa was looking for 82.43.. at the time it was about an 80% certainty that would of happened most likely w/o intervention. they did it purposely near a dt.. so it broke the dt and pointed higher.. the mirror for 82.43 is 125.15/126.84 min. the thing is, the pair forget where it wanted to go more then not. .
the mid is 118.94
those who can, do. those who cant, talk about those who can
  • #128,490
  • Jan 13, 2013 9:23am Jan 13, 2013 9:23am
Quoting gatorinla
i am not advocating a short..
me neither - euro tearing it up across the board atm
  • #128,491
  • Jan 13, 2013 9:48am Jan 13, 2013 9:48am
Quoting gatorinla
, the pair does not forget where it wanted to go more times then not. .
the mid is 118.94
fix
those who can, do. those who cant, talk about those who can
  • #128,492
  • Jan 13, 2013 9:49am Jan 13, 2013 9:49am
Quoting chazzle
me neither - euro tearing it up across the board atm
it always does, till norm gets here.
those who can, do. those who cant, talk about those who can
  • #128,493
  • Jan 13, 2013 10:37am Jan 13, 2013 10:37am
EC W1 H4

EUR CAD - Piercing line on weekly - with some s/r to consider
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  • #128,494
  • Jan 13, 2013 10:37am Jan 13, 2013 10:37am
faking freeeeezing...

trying to get in early on this years most useless award... slightly disappointed that i didn't get to make an acceptance speech...
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  • #128,495
  • Jan 13, 2013 11:05am Jan 13, 2013 11:05am
Quoting FibbinArchie
faking freeeeezing...

trying to get in early on this years most useless award... slightly disappointed that i didn't get to make an acceptance speech...
in some countries, it is.
those who can, do. those who cant, talk about those who can
  • #128,496
  • Jan 13, 2013 11:13am Jan 13, 2013 11:13am
Quoting chazzle
morning Marcus - looking at 08 crash landing level - 11400 area -- for potential longs
Hi Chazzle,


hope you do enjoy your weekend :-)

You do look at exactly the right place. But we even might dip a bit deeper, since the corresponding wave two was relatively flat and sideways (rule of alternation). So I would say in terms of your chart even 11 is possible
  • #128,497
  • Jan 13, 2013 11:52am Jan 13, 2013 11:52am
Quoting infinitus
Hi Chazzle,


hope you do enjoy your weekend :-)

You do look at exactly the right place. But we even might dip a bit deeper, since the corresponding wave two was relatively flat and sideways (rule of alternation). So I would say in terms of your chart even 11 is possible
yes - very relaxing thanks - and yes - can see 11 there as a target 11150 as a bump , among others
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  • #128,498
  • Jan 13, 2013 8:17pm Jan 13, 2013 8:17pm
Quoting gatorinla
in some countries, it is.
sup g... yeah uk is one of 'em... (freezing that is)...

if you mean the outfit in the picture, then yeah rightly so, a blatantly serious crime against fashion.. quick call the fashion police...
  • #128,499
  • Jan 13, 2013 10:18pm Jan 13, 2013 10:18pm
dumb-ass s scalp on the ej atm
those who can, do. those who cant, talk about those who can
  • #128,500
  • Jan 13, 2013 10:41pm Jan 13, 2013 10:41pm
morning..
Look Sharp/Trade Tight
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