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Help Me Establish The GbpUsd After Dinner Club 40 replies

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The Club!

  • #5,761
  • Aug 23, 2013 8:24am Aug 23, 2013 8:24am
EURUSD, M1, 2013 August 23
EURUSD, M1, 2013 August 23
Scalping Trades
(1) to the next pivotal downstairs
(2) around a pivotal upstairs
Profit: +0.75%
Profit: +0.15%
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  • #5,762
  • Aug 23, 2013 8:26am Aug 23, 2013 8:26am
Quoting PipTrapper
{quote} There is a saying for that. "What cannot go up, must come down" or "What cannot go down, must come up"

While the cable was support, I guess that supports the euro. But after the break in the cable, what support the euro?
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"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #5,763
  • Aug 23, 2013 8:34am Aug 23, 2013 8:34am
EURUSD, M5, 2013 August 23
Long @ 1.3347 (10x)
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  • #5,764
  • Aug 23, 2013 8:41am Aug 23, 2013 8:41am
Quoting Forexcube
EURUSD, M1, 2013 August 23 Overcross Scalping Profit: +1.5% {image}
Many thanks for posting these, I am learning much about scalping from the detail.
  • #5,765
  • Aug 23, 2013 8:59am Aug 23, 2013 8:59am
Quoting Sober_Colm
{quote} Many thanks for posting these, I am learning much about scalping from the detail.
Thank's Sober_Colm!
That's the reason why I publish some of my trading events in life.
FXcube
  • #5,766
  • Aug 23, 2013 9:02am Aug 23, 2013 9:02am
Quoting Forexcube
EURUSD, M5, 2013 August 23 Long @ 1.3347 (10x) {image}
#5736

EURUSD, M5, 2013 August 23
Exit @ 1.3372, +25 (x10 = 250 Pips)
FXcube
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  • #5,767
  • Aug 23, 2013 9:30am Aug 23, 2013 9:30am
EURUSD, H1, 2013 August 23
Short @ 1.3390 (3x), Targets @ 1.3361 (mR1), @ 1.3340 (DPV), 1.3324 (mS1)
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  • #5,768
  • Aug 23, 2013 10:34am Aug 23, 2013 10:34am
Aaahhhh, back in da Club


hungry
tired
blister on my feet
blister on my hands
sun burn on the nose

aaaaaaaand some Ladys found the way to us :-)

Damn it, with my nose I am looking like Rudolph
  • #5,769
  • Aug 23, 2013 10:41am Aug 23, 2013 10:41am
So what? What's next? Well, get over 2x1 and now? Down? Down was free. Why go up? Bears to sell? I think the Bulls will be looking to close above 3399. Then on Monday will decide.

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"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #5,770
  • Aug 23, 2013 10:51am Aug 23, 2013 10:51am
Cable. For cable, I expect the price to close below 5560. Yes, normally it would be. Why make a breakthrough if it does not happen? Then eur/gbp will go over 8600. Yes, maybe?

Attached Image (click to enlarge)
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I'm going to celebrate. Until the weekend.
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #5,771
  • Aug 23, 2013 11:00am Aug 23, 2013 11:00am
Quoting godim
Cable. For cable, I expect the price to close below 5560. Yes, normally it would be. Why make a breakthrough if it does not happen? Then eur/gbp will go over 8600. Yes, maybe? {image} I'm going to celebrate. Until the weekend.

What do you celebrate? Do I hear Party?
  • #5,772
  • Aug 23, 2013 11:01am Aug 23, 2013 11:01am
Quoting godim
So what? What's next? Well, get over 2x1 and now? Down? Down was free. Why go up? Bears to sell? I think the Bulls will be looking to close above 3399. Then on Monday will decide. {image}

Yes, they love to keep us hanging and guessing over weekend
  • #5,773
  • Edited 12:13pm Aug 23, 2013 11:22am | Edited 12:13pm
Quoting infinitus
{quote} Yes, they love to keep us hanging and guessing over weekend
This is a risky weekend. Jackson Hole, or as I refer to it... "Jackass Hole". where they plan on how they are going to lure the market into placing their money at risk.
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Good call on your EW count this morning. There may be one final push up to complete wave 5 of the final c wave because I don't see that it has completed yet. However, that wave 5 of c may get truncated as a double top. Otherwise as it is, it is a perfect symmetrical zigzag. (A-B=C-D)

E/U H4
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Those who say it cannot be done should not interrupt those who are doing it
  • #5,774
  • Aug 23, 2013 11:47am Aug 23, 2013 11:47am
Quoting PipTrapper
{quote} This is a risky weekend. Jackson Hole, or as I refer to it... "Jackass Hole". where they plan on how they are going to lure the market into placing their money at risk. {image} Good call on your EW count this morning. There may be one final push up to complete wave 5 of the final c wave because I don't see that it has completed yet. However, that wave 5 of c may get truncated as a double top. Otherwise as it is, it is a perfect symmetrical zigzag. (A-B=C-D) E/U H4 {image}
Hi pip...your variation of my count maybe was right what do you think?....i am consider my bullish count too
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  • #5,775
  • Aug 23, 2013 11:58am Aug 23, 2013 11:58am
Quoting Afarensis
{quote} Hi pip...your variation of my count maybe was right what do you think?....i am consider my bullish count too {image}
Today's move up was definitely a C wave, so now definitely down except for maybe a small push a bit higher on sunday/monday.
After that, a break below 3297 confirms my current count and a break above 3450 confirms your bullish count.
Those who say it cannot be done should not interrupt those who are doing it
  • #5,776
  • Aug 23, 2013 12:16pm Aug 23, 2013 12:16pm
Quoting PipTrapper
{quote} This is a risky weekend. Jackson Hole, or as I refer to it... "Jackass Hole". where they plan on how they are going to lure the market into placing their money at risk. {image} Good call on your EW count this morning. There may be one final push up to complete wave 5 of the final c wave because I don't see that it has completed yet. However, that wave 5 of c may get truncated as a double top. Otherwise as it is, it is a perfect symmetrical zigzag. (A-B=C-D) E/U H4 {image}

Hi PT,

out of my EW view we have two alternatives:4

a) the count SID showed yesterday (ending diagonal, that is already finished)

b) impulse up since the low @ 27x here we are now in an ending diagonal wave 5. In this ending diagonal we are most likely now in wave 5 up, which should unfold as zigzag or double zigzag; ideal target for this move should be 3450-3550 roughly, with emphasis on 3450
  • #5,777
  • Aug 23, 2013 12:19pm Aug 23, 2013 12:19pm
Godim good work this week as well.
Markus good host as usual.
have a great weekend all...��

See you all in September after vacation.

PS: EU hard core resistence remains at 1.3620ish.(that would be manipulation at its best)
Markets are not Random, they are designed!
  • #5,778
  • Aug 23, 2013 12:19pm Aug 23, 2013 12:19pm
Quoting Afarensis
{quote} Hi pip...your variation of my count maybe was right what do you think?....i am consider my bullish count too {image}

Hi Afarensis,

I think, that your wave 3 is the end of wave 5. What follows is a broad WXY-flat pattern.

When we label it your way, we get in trouble with finding a good count for the wave 5. It looks like a zigzag.



But who knows.......
  • #5,779
  • Aug 23, 2013 12:23pm Aug 23, 2013 12:23pm
Quoting Raza
Godim good work this week as well. Markus good host as usual. have a great weekend all...😀 See you all in September after vacation.

this man is like a shadow


he is meaner than I am - I think he has more vacation than I have actually

How are things going, my friend. Long time no see no hear (besides the occasionally "see you in September).

Hope all is well......
  • #5,780
  • Aug 23, 2013 12:23pm Aug 23, 2013 12:23pm
Quoting infinitus
{quote} Hi PT, out of my EW view we have two alternatives:4 a) the count SID showed yesterday (ending diagonal, that is already finished) b) impulse up since the low @ 27x here we are now in an ending diagonal wave 5. In this ending diagonal we are most likely now in wave 5 up, which should unfold as zigzag or double zigzag; ideal target for this move should be 3450-3550 roughly, with emphasis on 3450
Based on all the sub-counts I have analysed, a (sid's) is definitely more likely than b (alternate)
Those who say it cannot be done should not interrupt those who are doing it
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