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Help Me Establish The GbpUsd After Dinner Club 40 replies

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The Club!

  • #2,921
  • Aug 1, 2013 1:53am Aug 1, 2013 1:53am
Now we have taken out yesterdays spike low - that gives a bit of damage to the bulls
  • #2,922
  • Aug 1, 2013 1:57am Aug 1, 2013 1:57am
Quoting infinitus
{quote} Hi Kaka, sorry, I have no clue right now. I more and more think, that the wave C evolves as kind of wxyxz. Implication is: can run higher and higher and higher LOL One strategy that might work, is, take a 1/10 position (100 pips = 1%) and go short. The maximum drawdown should be around 4-5% (1,37x). If it runs that high, you can place further 1/10's at 342x, 355x and above 367x, if you like. That is for really long term trades then
I see you have been spying on my strategy

By the way... With the Euro losing ground before the ECB rate statement, if we don't see a rate cut on deposits today, expect another stop run to the upside. At least as a knee jerk reaction anyway, because depending on what Draghi says in the press conference, we could be kissing the 1.30xx today even if there is no cut.
Those who say it cannot be done should not interrupt those who are doing it
  • #2,923
  • Aug 1, 2013 1:58am Aug 1, 2013 1:58am
Quoting infinitus
Now we have taken out yesterdays spike low - that gives a bit of damage to the bulls

but eyes now @ CCI 14 on 5 and 15 min TF. Both are below of -300, and Better volume shows some stopping volume.

Maybe a long around 3220-3230? 3246 is also a very good stopping point
  • #2,924
  • Aug 1, 2013 1:59am Aug 1, 2013 1:59am
Quoting PipTrapper
{quote} I see you have been spying on my strategy

Two of a kind

Good morning PT
  • #2,925
  • Aug 1, 2013 2:01am Aug 1, 2013 2:01am
Why JYP pairs suddenly fly,special USD.JYP?
  • #2,926
  • Aug 1, 2013 2:04am Aug 1, 2013 2:04am
Quoting kaka_ht
Why JYP pairs suddenly fly,special USD.JYP?

some sources around Ed Snowden told me, that it is the work of our old chap Schickeria
  • #2,927
  • Aug 1, 2013 2:06am Aug 1, 2013 2:06am
Quoting infinitus
{quote} Two of a kind Good morning PT
Good morning kind Sir

Are you ready for a roller coaster ride?
Those who say it cannot be done should not interrupt those who are doing it
  • #2,928
  • Aug 1, 2013 2:11am Aug 1, 2013 2:11am
Quoting PipTrapper
{quote} Are you ready for a roller coaster ride?
Rollercoasters !!!!!!
Short Euro and remaining that way. That's just the way it is !
  • #2,929
  • Aug 1, 2013 2:17am Aug 1, 2013 2:17am
Spanish manufacturing PMI falling back down on its a$$ below the 50 median line of 48.9
That's definitely takes the air out of the euro fans who were creaming that euro manufacturing was in full recovery mode.

Expect further weakness, but really the risk event is Draghi.

The bottom could be falling out of the EZ economy and if Draghi says "All is well", the Euro will still rally.
Those who say it cannot be done should not interrupt those who are doing it
  • #2,930
  • Aug 1, 2013 2:18am Aug 1, 2013 2:18am
Quoting godim
{quote} Soon there will be a new chart. {image}
Still no new monthly forecast. But now there is a change in the daily forecast. Not yet completed D wave.
yesterday
Attached Image (click to enlarge)
Click to Enlarge Name: gbp_d_130731.png Size: 19 KB

today
Attached Image (click to enlarge)
Click to Enlarge Name: gbp_d_130801.png Size: 20 KB

I hope you catch the difference. Vozniy gradually complicated models. Depends on the market.
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #2,931
  • Aug 1, 2013 2:18am Aug 1, 2013 2:18am
Quoting NZ Chris
{quote} Rollercoasters !!!!!!
Those who say it cannot be done should not interrupt those who are doing it
  • #2,932
  • Aug 1, 2013 2:20am Aug 1, 2013 2:20am
Quoting godim
{quote} Still no new monthly forecast. But now there is a change in the daily forecast. Not yet completed D wave. yesterday {image} today {image} I hope you catch the difference. Vozniy gradually complicated models. Depends on the market.
That works for me.
At 1.48 I will unload 2/3 of my positions and set a trailing stop for the rest.
Those who say it cannot be done should not interrupt those who are doing it
  • #2,933
  • Aug 1, 2013 2:20am Aug 1, 2013 2:20am
Quoting NZ Chris
{quote} Rollercoasters !!!!!!

What? What? What!!!!! Wrong Mindset!!!!


R-O-L-L-E-R-C-O-A-S-T-E-R-S!!!!! Yepeeee!!!
  • #2,934
  • Aug 1, 2013 2:22am Aug 1, 2013 2:22am
Quoting PipTrapper
Spanish manufacturing PMI falling back down on its a$$ below the 50 median line of 48.9 That's definitely takes the air out of the euro fans who were creaming that euro manufacturing was in full recovery mode. Expect further weakness, but really the risk event is Draghi. The bottom could be falling out of the EZ economy and if Draghi says "All is well", the Euro will still rally.

Problem is: Insane people do not notice that they are insane.......
  • #2,935
  • Aug 1, 2013 2:25am Aug 1, 2013 2:25am
Quoting infinitus
{quote} Problem is: Insane people do not notice that they are insane.......
Of course not. A good example is me. I am insane but I don't know it
Those who say it cannot be done should not interrupt those who are doing it
  • #2,936
  • Aug 1, 2013 2:25am Aug 1, 2013 2:25am
Quoting infinitus
{quote} What? What? What!!!!! Wrong Mindset!!!! R-O-L-L-E-R-C-O-A-S-T-E-R-S!!!!! Yepeeee!!!
Those who say it cannot be done should not interrupt those who are doing it
  • #2,937
  • Aug 1, 2013 2:29am Aug 1, 2013 2:29am
Today's roller coaster map

Attached Image (click to enlarge)
Click to Enlarge Name: Forex Factory.png Size: 48 KB
Those who say it cannot be done should not interrupt those who are doing it
  • #2,938
  • Aug 1, 2013 2:41am Aug 1, 2013 2:41am
Just for fun. If we continue to look for an analogy. On Tuesday the euro at 3062?
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 100 KB

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 115 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #2,939
  • Aug 1, 2013 2:43am Aug 1, 2013 2:43am
Had enough jokes.
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #2,940
  • Aug 1, 2013 2:44am Aug 1, 2013 2:44am
Quoting godim
Just for fun. If we continue to look for an analogy. On Tuesday the euro at 3062? {image} {image}

I like when Godim is having fun


3062 would be nice! Can I get it two times, please?
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