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Help Me Establish The GbpUsd After Dinner Club 40 replies

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  • #6,661
  • Sep 5, 2013 7:25am Sep 5, 2013 7:25am
for me, right now, it looks like


wave 4 up of 5 down of 5 down


if more bearish then


wave 4 up of 5 down of 1 of 5
  • #6,662
  • Sep 5, 2013 7:26am Sep 5, 2013 7:26am
Quoting infinitus
for me, right now, it looks like wave 4 up of 5 down of 5 down if more bearish then wave 4 up of 5 down of 1 of 5

I will go with the first one
  • #6,663
  • Sep 5, 2013 7:27am Sep 5, 2013 7:27am
Quoting godim
{quote} Yes. We are located in DownTrend, UpSwing and outside bar. First there is a new peak, and then a new low. This means NeutralSlope. If tomorrow there is a new low under today's bottom will have continuing the DownTrend and will to build a new bear fan from 3222. This is at the earliest in Monday.
Thanks godim

Quoting infi
it is very interesting - in the 309x area I have a very big monthly POC (MMSMP) target, too
Yes, I remember you mentioned 3094 before. With weekly & monthly support here, along with the 50% fib (which I personally give no credence to but I know it's a psych level), & the heavy retail buy orders at 1.31 (Oanda), I've just taken half off the table now from 3340 & leaving the remainder run. I'll get back in at a higher level if there's an NFP miss as I'm still strongly bearish. This particular down-move can't go on forever.....
  • #6,664
  • Sep 5, 2013 7:29am Sep 5, 2013 7:29am
MM and MMSMP
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  • #6,665
  • Sep 5, 2013 7:36am Sep 5, 2013 7:36am
Quoting Sober_Colm
{quote} Thanks godim {quote} Yes, I remember you mentioned 3094 before. With weekly & monthly support here, along with the 50% fib (which I personally give no credence to but I know it's a psych level), & the heavy retail buy orders at 1.31 (Oanda), I've just taken half off the table now from 3340 & leaving the remainder run. I'll get back in at a higher level if there's an NFP miss as I'm still strongly bearish. This particular down-move can't go on forever.....



Yes, did the same. But I keep my shorts (leaves the pressure in the market LOL) and took some longs


When the bears are unlucky, the whole count since the top (on daily) is:


1-2-(1-2-

now either in another 1-2 sequence or in a wave 3


from momentum considerations then more likely 1-2-1-2-1-2-


but 3094 should be big hurdle. Too big to overcome easily. Think we need to recharge momentum


4h Murrey Math and daily just Octave-jumped


daily target now 3062 ideally

4h target 3062 to 3031



but there is the -2/8 @ 3092 on hourly looming (and the 4h and daily already jumped)
  • #6,666
  • Edited 8:17am Sep 5, 2013 7:41am | Edited 8:17am
SoS Updates:

Closed
Short Gold: STP acquired @ $1373.5 (+$19.6)

Open:
Long CAD/CHF: +57 pips (e: .8893, stp: .9175, sl: .8913)
90% of people, are wrong about 90% of everything, 90% of the time...
  • #6,667
  • Sep 5, 2013 7:57am Sep 5, 2013 7:57am
look at the weekly profile


needs volume fill up to the 320x area
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  • #6,668
  • Sep 5, 2013 7:59am Sep 5, 2013 7:59am
Quoting infinitus
Currencies forecast poll http://www.fxstreet.com/analysis/for...&time=2013-228 funny, how even the big players can not agree
If they all agreed on one specific direction, I would be looking to go the opposite way after they all jump in
Those who say it cannot be done should not interrupt those who are doing it
  • #6,669
  • Sep 5, 2013 8:00am Sep 5, 2013 8:00am
Quoting infinitus
From a daily EW point of view, with todays new low, we have the minimum requirement for a 5 waves down from the top. Means: end of movement down may loom
and this would be wave 1 of 3 of 3?

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Those who say it cannot be done should not interrupt those who are doing it
  • #6,670
  • Sep 5, 2013 8:04am Sep 5, 2013 8:04am
EUR USD LONG since 1.31123

5/5 Pendings

1. 1.3112 (hat gescheppert)
2. 1.3110 (hat gescheppert Larger Parts)
3. 1.3107
4. 1.3104
5. 1.3101
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  • #6,671
  • Sep 5, 2013 8:12am Sep 5, 2013 8:12am
Hey traders,

How goes it?
  • #6,672
  • Sep 5, 2013 8:12am Sep 5, 2013 8:12am
Quoting Schickeria
EUR USD LONG since 1.31123 5/5 Pendings 1. 1.3112 (hat gescheppert) 2. 1.3110 (hat gescheppert Larger Parts) 3. 1.3107 4. 1.3104 5. 1.3101 {image}
Pos 2 close 3124 + 14 Pips

I miss 1.3107
  • #6,673
  • Sep 5, 2013 8:18am Sep 5, 2013 8:18am
Quoting Schickeria
{quote} Pos 2 close 3124 + 14 Pips I miss 1.3107

i dont understand your previous post (language barriers)

but

90% of people, are wrong about 90% of everything, 90% of the time...
  • #6,674
  • Sep 5, 2013 8:19am Sep 5, 2013 8:19am
Quoting BoringIsGood
Hey traders, How goes it?
all is fine working but we have to much levels to work off
  • #6,675
  • Sep 5, 2013 8:20am Sep 5, 2013 8:20am
Quoting theDHT
{quote} i dont understand your previous post (language barriers) but
hat gescheppert means = has hit
  • #6,676
  • Sep 5, 2013 8:21am Sep 5, 2013 8:21am
Quoting Schickeria
{quote} hat gescheppert means = has hit

thanks!


normally i would just go to Google translate, but its been a super long day (started at Singapore open, trading thru US lunchtime)... and my brain is tired...
90% of people, are wrong about 90% of everything, 90% of the time...
  • #6,677
  • Sep 5, 2013 8:22am Sep 5, 2013 8:22am
Quoting PipTrapper
{quote} and this would be wave 1 of 3 of 3? {image}

yep!


can you explain, why blue 3 of red 1 does look like an ABC rather than an impulse?
  • #6,678
  • Sep 5, 2013 8:25am Sep 5, 2013 8:25am
http://www.forexlive.com/blog/2013/0...ome-up-trumps/

Attached Image
90% of people, are wrong about 90% of everything, 90% of the time...
  • #6,679
  • Sep 5, 2013 8:26am Sep 5, 2013 8:26am
Quoting theDHT
{quote} thanks! normally i would just go to Google translate, but its been a super long day (started at Singapore open, trading thru US lunchtime)... and my brain is tired...
gescheppert = rattle (google translator)
  • #6,680
  • Sep 5, 2013 8:26am Sep 5, 2013 8:26am
Quoting Schickeria
EUR USD LONG since 1.31123 5/5 Pendings 1. 1.3112 (hat gescheppert) 2. 1.3110 (hat gescheppert Larger Parts) 3. 1.3107 4. 1.3104 5. 1.3101 {image}

good plan


way to many people are looking at the 3080-3090 area. Way too obvious. When that is the case, the big boys most of the time reverse early, or simply take the levels out in a stampede
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