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Help Me Establish The GbpUsd After Dinner Club 40 replies

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  • #8,881
  • Sep 19, 2013 9:13am Sep 19, 2013 9:13am
Quoting PipTrapper
{quote} You do realize that if it actually does go that high, it invalidates the entire weekly triangle breakout. That would certainly be bad news for my long term cable shorts which I have yet to cover.

Im fully aware that this is a very bold call, and with the amount of uncertainty in the market, it may be wrong

but, with all the cable shorts out there, this can be seen as the opposing view...

always good to remain cognizant of the "other" camps thinking!

most people didn't even expect cable to get as far as it already has (similar to my EJ short)... but it did...

also, we are looking at a weekly setup which can play out over the next 12 months or so... if it materializes at all...
90% of people, are wrong about 90% of everything, 90% of the time...
  • #8,882
  • Sep 19, 2013 9:15am Sep 19, 2013 9:15am
Quoting AllyB
{quote} it sure is ... I may put in a PO at 134.80/90 on EJ

have an rejection level @ 13488

may worth the try
  • #8,883
  • Sep 19, 2013 9:20am Sep 19, 2013 9:20am
Sid comes to help with new count on EU

he is now in the camp thinking too, that the big triangle from starting in 2008 is not finalized, yet

Targets around 3750 for this wave E

http://elliottwavepredictions.com/ht...dictionscom-20
  • #8,884
  • Sep 19, 2013 9:27am Sep 19, 2013 9:27am
Quoting infinitus
Sid comes to help with new count on EU he is now in the camp thinking too, that the big triangle from starting in 2008 is not finalized, yet Targets around 3750 for this wave E http://elliottwavepredictions.com/ht...dictionscom-20
Oh how I wish he is correct. If that count turns true, I will send him on holiday to a Greek Island of his choice.
Those who say it cannot be done should not interrupt those who are doing it
  • #8,885
  • Sep 19, 2013 9:33am Sep 19, 2013 9:33am
Quoting PipTrapper
{quote} Do you happen to have a G/U count that you feel has high probabilities? I need to make some decisions regarding my remaining LT shorts and the more info I have, the clearer my decision can be... I think.

I die for this one
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_GBP_USD_Daily_snapshot.png Size: 72 KB
  • #8,886
  • Sep 19, 2013 9:35am Sep 19, 2013 9:35am
Quoting infinitus
{quote} I die for this one {image}

@ 6270 comes the downsloping trendline of the triangle in

maybe that is the rest risk

when 6382 gets broken, count is invalidated
  • #8,887
  • Sep 19, 2013 9:35am Sep 19, 2013 9:35am
Quoting infinitus
{quote} I die for this one {image}
THAT is a very strong line (resistance)
90% of people, are wrong about 90% of everything, 90% of the time...
  • #8,888
  • Sep 19, 2013 9:35am Sep 19, 2013 9:35am
Quoting infinitus
{quote} long term trade or short term? For longer term I have first good fib level around 136,7, but may extend towards even 145 But I am not the EJ expert here

on my earlier call on EJ of PO at 134.80/90 has a type error.

I meant 135.80/90

will keep an eye on it here though. getting late in the euro session to change direction

going to go back to the night shift next week and trade the London open ... much better moves again
  • #8,889
  • Sep 19, 2013 9:36am Sep 19, 2013 9:36am
Quoting PipTrapper
{quote} Oh how I wish he is correct. If that count turns true, I will send him on holiday to a Greek Island of his choice.

Na, I will take him to the Elliott-wave-mountains
  • #8,890
  • Sep 19, 2013 9:42am Sep 19, 2013 9:42am
Quoting infinitus
{quote} I die for this one {image}
What's the price level of the projected red 2? Around 6320?
Those who say it cannot be done should not interrupt those who are doing it
  • #8,891
  • Sep 19, 2013 9:50am Sep 19, 2013 9:50am
Quoting godim
{quote} Yes. I always use the daily chart. Even M15 - still the daily chart. But when I show this chart have more questions. What to see? Where is the support? Where would be the resistance? Then, if there is resistance, where would be support? The rule is only one: the rule of all angles. {image}
I like Calculation byself, not used Programs for TRADE


These my Levels as S/R (for EURO) :

Resistance is 1.3591 ; 1.3654 ; 1.3748 ; 1.3846 ; 1.4030

Support is 1.3522 ; 1.3541 ; 1.3400 ; 1.3328 ; 1.3228
Always looking the GREAT, never left GOOD Point...
  • #8,892
  • Sep 19, 2013 9:50am Sep 19, 2013 9:50am
long-term trend.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURGBP 2.PNG Size: 85 KB
Click to Enlarge Name: EURGBP 1.PNG Size: 79 KB
Trading in the zone
  • #8,893
  • Sep 19, 2013 9:51am Sep 19, 2013 9:51am
Quoting PipTrapper
{quote} What's the price level of the projected red 2? Around 6320?

since it is a C-wave of a flat, using HEW-fib ratios which are quiet good, the blue lined fibs are the targets for a c-wave

Since it has nearly all taken out, only the 161.8% line remains untouched so far

This runs @ 6308
  • #8,894
  • Sep 19, 2013 9:55am Sep 19, 2013 9:55am
Quoting hao
long-term trend. {image} {image}
causes and results, search methods tend to short and long term of i
an example: http://www.forexfactory.com/showthre...26#post6968726
http://www.forexfactory.com/showthre...30#post6968830
Attached Image (click to enlarge)
Click to Enlarge Name: eurgbp.PNG Size: 94 KB
Trading in the zone
  • #8,895
  • Sep 19, 2013 10:00am Sep 19, 2013 10:00am
Quoting Tsar
{quote} I like Calculation byself, not used Programs for TRADE These my Levels as S/R (for EURO) : Resistance is 1.3591 ; 1.3654 ; 1.3748 ; 1.3846 ; 1.4030 Support is 1.3522 ; 1.3541 ; 1.3400 ; 1.3328 ; 1.3228
Not Include All... the Picture like this :
Attached Image (click to enlarge)
Click to Enlarge Name: 2013-09-19_Euro in Daily Chart + SupRes.jpg Size: 485 KB
Always looking the GREAT, never left GOOD Point...
  • #8,896
  • Sep 19, 2013 10:07am Sep 19, 2013 10:07am
Quoting Tsar
{quote} I like Calculation byself, not used Programs for TRADE These my Levels as S/R (for EURO) : Resistance is 1.3591 ; 1.3654 ; 1.3748 ; 1.3846 ; 1.4030 Support is 1.3522 ; 1.3541 ; 1.3400 ; 1.3328 ; 1.3228

Correction : Support is 1.3326
Always looking the GREAT, never left GOOD Point...
  • #8,897
  • Sep 19, 2013 10:07am Sep 19, 2013 10:07am
eurchf
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurchf 1.PNG Size: 73 KB
Click to Enlarge Name: eurchf 2.PNG Size: 100 KB
Trading in the zone
  • #8,898
  • Sep 19, 2013 10:12am Sep 19, 2013 10:12am
snip-set:


Following this playbook, the Fed will likely maintain the pretense that tapering is a near term possibility and that it has a credible plan on the shelf to bring an end to QE. In reality the Fed is stalling for time and hoping that the economy will inexplicably roar back to life. Unfortunately, hope is not a strategy.

Peter Schiff is the CEO and Chief Global Strategist of Euro Pacific Capital, best-selling author and host of syndicated Peter Schiff Show.

http://rt.com/op-edge/fed-economy-an...-recovery-058/
  • #8,899
  • Sep 19, 2013 10:36am Sep 19, 2013 10:36am
Quoting hao
eurchf {image} {image}

Ni hao a~

Do you really trade EURCHF with a daily range of around 30-40 pips?
  • #8,900
  • Sep 19, 2013 10:39am Sep 19, 2013 10:39am
Quoting Tsar
{quote} Not Include All... the Picture like this : {image}
Nice chart Tsar!

Its a matter of time we can see this Mofo at 1.23 in no time.

They have created an Optimism to keep us buying so they can short.

I remain Short.
Markets are not Random, they are designed!
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