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  • #836,661
  • Sep 19, 2013 5:30am Sep 19, 2013 5:30am
Quoting RsX
{quote} EU: have a target pretty close to that...on daily, from above 3490, next main tgt is 3650-80 - thru next week.. Longer term (few weeks/couple of months), weekly shows 3820-60 as initial, 4050-4100 as primary tgt. GU: a multimonth 5-wave accelerated straight into a 6050-6120 zone I have... overshot it a little, but if rejects, sets up for a larger retrace. 5770-90 first, ultimately 5550-5600 as targets there..
it's allways a bit tricky to talk about targets, I have lots of levels to the top and bottom in all charts, I never know which one is the strongest, but as a rule of thumb I always have 3-4 targets, sometimes we only reach the 1. target sometimes we blast through the 4. target etc... regarding the euro 1.364x is just the next level I have and the next one is 1.374x.. I dont know if 1.364x is going to get tested, but for me it's the next target, and an area where I would unload and wait.. I dont care about the absolute top or bottom, I just focus on the meat on the move.. works for me to look at it this way..

cable is still bullish as hell, higher highs and higher lows in the weeekly chart, therfore I'm still waiting to se where we close this week before making any decissions..

What I do know though, we all read price differently, some like to pick bottoms/tops, some like to aim for bigger swings, some like to "scalp" etc.. there is a lot of talented people in this thread, but all of them trade diffently, I mean, I haven't found two people which trade in the exact same way, sure some basic stuff, but risk tolerance, reading of the charts, psychology etc.. its never the same.. in the end its about how you read your chart, your money management, your psychology etc..

at any rate, a long post about nothing really, lol..

but lets see what happens
Patience is a virtue...
  • #836,662
  • Sep 19, 2013 5:33am Sep 19, 2013 5:33am
Quoting John Gray
{quote} I have been wondering where you have been Kiwi. You still in NZ? Said you were leaving a couple of weeks back
I am still here ironic tho as read your post had a wee quake, so sick to death of them

have found a friend for maxdoom
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If you are new to Forex? Say Goodbye to your account!!
  • #836,663
  • Sep 19, 2013 5:37am Sep 19, 2013 5:37am
Quoting KiwiTrada
{quote} I am still here ironic tho as read your post had a wee quake, so sick to death of them have found a friend for maxdoom {image}

4 Horne ?
Mohan
  • #836,664
  • Sep 19, 2013 5:38am Sep 19, 2013 5:38am
Inserted Video



this is very true!

do watch.
  • #836,665
  • Edited 6:05am Sep 19, 2013 5:45am | Edited 6:05am
Quoting John Gray
{quote} your EURGBP must be 1.00
not following EURGBP and not following correlations

EDIT: and yes, GU could head way higher instead, it's not important as this is a scenario, not a forecast... it'll then hold ground at/above 6050-6120 instead, so reveals intentions towards the upside. The area's a reference point based on stats, for evaluating further market intention based on what develops there....

a 78% retrace of 5th wave happens often, but this being ultimate target, does in no terms mean it'll get there. Just a roadmap, as a general prep.. "if reacts to and reverses from X, then target Y and ultimately Z, else if breaks then target W...". Roadmap of key magnets, but only one of these gets hit next. No fixed plan or bias here currently, just a possible scenario upon rejection. Watching further PA and evolving patterns around it.
Patience, persistence and probabilities.
  • #836,666
  • Sep 19, 2013 5:46am Sep 19, 2013 5:46am
Quoting mohan76
{quote} 4 Horne ?
yep sad really, every time he find a girlfriend, gets a bit frisky, and accidentally rips them to pieces with them bloody horns he still a virgin, all the girl goats runaway when see how horny he is
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  • #836,667
  • Sep 19, 2013 5:46am Sep 19, 2013 5:46am
Quoting KiwiTrada
{quote} I am still here ironic tho as read your post had a wee quake, so sick to death of them have found a friend for maxdoom {image}

Hi Kiwi,

Earthquakes don't kill people, structures which we live in and not constructed according to regulations mostly responsible of deaths.
So if you have source, find a good construction engineer who can analyze your building under the dynamic earthquake loads and get max earthquake scale that your building can resists, compare it with the past max earthquakes occurred in your region, than decide to stay in that building or not.

Take care.
  • #836,668
  • Sep 19, 2013 5:48am Sep 19, 2013 5:48am
Hilarious, but oh so true.
Even my kids get it !
You don't have to outsmart the bankers, you just have to think like them.
  • #836,669
  • Sep 19, 2013 5:52am Sep 19, 2013 5:52am
Quoting sugarbelly
Hilarious, but oh so true. Even my kids get it ! You don't have to outsmart the bankers, you just have to think like them.

and always always use stop loss
  • #836,670
  • Sep 19, 2013 5:53am Sep 19, 2013 5:53am
Bloomberg quote of the day, Ï'm used to being wrong, I'm an economist" Go ! MATUS
  • #836,671
  • Sep 19, 2013 5:56am Sep 19, 2013 5:56am
Quoting Rockerzeus
{quote} Hi Kiwi, Earthquakes don't kill people, structures which we live in and not constructed according to regulations mostly responsible of deaths. So if you have source, find a good construction engineer who can analyze your building under the dynamic earthquake loads and get max earthquake scale that your building can resists, compare it with the past max earthquakes occurred in your region, than decide to stay in that building or not. Take care.
agreed, My house and office in ChCh got destroyed, this one I had tested hard before finally deciding to buy, sadly not everyone get that luxury, they stuck with what they got.
If you are new to Forex? Say Goodbye to your account!!
  • #836,672
  • Sep 19, 2013 5:59am Sep 19, 2013 5:59am
Quoting KiwiTrada
{quote} I am still here ironic tho as read your post had a wee quake, so sick to death of them have found a friend for maxdoom {image}
4.1 40 ks east of here
If you are new to Forex? Say Goodbye to your account!!
  • #836,673
  • Sep 19, 2013 6:05am Sep 19, 2013 6:05am
is any one in this thread long eur.usd?


any one?
  • #836,674
  • Sep 19, 2013 6:09am Sep 19, 2013 6:09am
Quoting ali-bhai
is any one in this thread long eur.usd? any one?
new members
Patience, persistence and probabilities.
  • #836,675
  • Sep 19, 2013 6:13am Sep 19, 2013 6:13am
Quoting KiwiTrada
{quote} I am still here ironic tho as read your post had a wee quake, so sick to death of them have found a friend for maxdoom {image}
Bwahahahaha!!! Awesome creature that. i wouldn't like to get rammed in the whatsits by him !! Lol
  • #836,676
  • Sep 19, 2013 6:14am Sep 19, 2013 6:14am
Quoting RsX
{quote} new members

new members?
  • #836,677
  • Sep 19, 2013 6:16am Sep 19, 2013 6:16am
Quoting KiwiTrada
{quote} agreed, My house and office in ChCh got destroyed, this one I had tested hard before finally deciding to buy, sadly not everyone get that luxury, they stuck with what they got.

Sorry to hear Kiwi. Hope this one is safe enough for you and family.
Unlucky part is NZ is island and thats why you get earthquakes near the surface in 5-12 km depth. Thats why they effects badly even magnitude is not big.
Take care and stay safe.
  • #836,678
  • Sep 19, 2013 6:26am Sep 19, 2013 6:26am
What? Us everyone going to pussyfoot around until the next FOMC? Let's see how long they take to forget. I was hoping for another nice spanking for Uncle, but will have to settle for the usual. Good news for the USD at 830 e.s.t.will probably be ignored while bad news will result in a repeat of yesterday?
My guess is people have been taking profits all night long and are more or less ready to continue. This is trading the dollar, rather than the Euro. But the European economic community is larger by far... How come?
  • #836,679
  • Sep 19, 2013 6:30am Sep 19, 2013 6:30am
Quoting ali-bhai
is any one in this thread long eur.usd? any one?
  • #836,680
  • Sep 19, 2013 6:30am Sep 19, 2013 6:30am
Quoting RsX
{quote} Strong == target ? From 3550-80, not seeing more potential than down to about 3460-75 at most..
3570's is a profit taking area - not a resistance, but it could start strong bearish correction even beyond yesterdays lows
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