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Help Me Establish The GbpUsd After Dinner Club 40 replies

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  • #13,061
  • Jan 10, 2014 3:24am Jan 10, 2014 3:24am
Quoting janpec1000
EA, strong bearish break of trendline is bearish further, the question is can we catch it if NFP triggers it, probably pending is best: http://prntscr.com/2i2b3t EU, same story as EA. http://prntscr.com/2i2bjn And here is most anticipated trade for me, chances of break down of trendline are not that good becouse GBP is still in up drive mode, but if it happens its good one. Good reward, i will be selling ahead with pendings on all possible levels there. Planning 100% acc increase (over 1 week) if break happens. http://prntscr.com/2i2btc...

Exactly my sentiment: when EU breaks down that line, why should it reverse in the 3520 to 3470 area, to test the former high?

Maybe more probable to test the broken line.

Well, OK, we eventually have to deal with a fake-break.......
  • #13,062
  • Jan 10, 2014 4:49am Jan 10, 2014 4:49am
Ichimoku confirming dirrection down on EUR, technical as long as news dont change it.
http://prntscr.com/2i2skf



Decent video on 911. You dont need mountain of evidence to conclude view on what happened on 911. Only info on Air defense aloane is enough.
Inserted Video
  • #13,063
  • Jan 10, 2014 8:01am Jan 10, 2014 8:01am
NFP 74K??? Is that lowest ever? Expected 200k , released 75k i mean what the F*** are they doing in that statistic research departments. I know that NFP numbers are rigged but still thats very way off.
  • #13,064
  • Jan 10, 2014 8:13am Jan 10, 2014 8:13am
Quoting janpec1000
Ichimoku confirming dirrection down on EUR, technical as long as news dont change it. http://prntscr.com/2i2skf Decent video on 911. You dont need mountain of evidence to conclude view on what happened on 911. Only info on Air defense aloane is enough. http://www.youtube.com/watch?v=8En6Ag8y77M

thanks for the video. I knew about it already, but have not seen such a good summary of this all
  • #13,065
  • Jan 10, 2014 8:21am Jan 10, 2014 8:21am
Quoting infinitus
{quote} thanks for the video. I knew about it already, but have not seen such a good summary of this all
Yes that was German style presenation...no bullshit talk like Alex Jones (not saying he is bad, he just likes to overexplain)...its straight to the point. And if you check comments the only rational comment that someone not believing 911 was globalist attack can say is : why do you hate usa so much you freaking eu freak. Its hard to battle such strong facts with other argument.
  • #13,066
  • Jan 10, 2014 8:29am Jan 10, 2014 8:29am
Quoting janpec1000
NFP 74K??? Is that lowest ever? Expected 200k , released 75k i mean what the F*** are they doing in that statistic research departments. I know that NFP numbers are rigged but still thats very way off.

the data are completely rigged:


74K NFP

but "only" 6.7% unemploymend

BUT

participation rate:
http://www.zerohedge.com/sites/defau.../picture-5.jpg
People Not In Labor Force Soar To Record 91.8 Million; Participation Rate Plunges To 1978 Levels
  • #13,067
  • Jan 10, 2014 8:42am Jan 10, 2014 8:42am
looking at 4h chart I see from the bottom up


impulse, correction, impulse

as long as we do not touch 3619, we certainly will see another push higher towards 3672, extended 3732 area
  • #13,068
  • Jan 10, 2014 8:50am Jan 10, 2014 8:50am
Quoting janpec1000
{quote} Yes that was German style presenation...no bullshit talk like Alex Jones (not saying he is bad, he just likes to overexplain)...its straight to the point. And if you check comments the only rational comment that someone not believing 911 was globalist attack can say is : why do you hate usa so much you freaking eu freak. Its hard to battle such strong facts with other argument.
http://www.bibliotecapleyades.net/es...mmittee300.htm
interesting stuff there about globalist and their dirty jobs ,
  • #13,069
  • Jan 10, 2014 8:55am Jan 10, 2014 8:55am
Quoting infinitus
{quote} the data are completely rigged: 74K NFP but "only" 6.7% unemploymend BUT participation rate: {image} People Not In Labor Force Soar To Record 91.8 Million; Participation Rate Plunges To 1978 Levels

Yep completly agree completly bearish NFP and very bullish unemployment is like oposite spectrum.
  • #13,070
  • Jan 10, 2014 11:38am Jan 10, 2014 11:38am
I am looking at this scenario right now

Attached Image (click to enlarge)
Click to Enlarge Name: Chart_EUR_USD_Hourly_snapshot.png Size: 50 KB


when price runs into the territory of wave 1 at around 3732, then most likely the blue impulse down has already finished and I have to place the blue 5 at the place of where I have now the green B
  • #13,071
  • Jan 10, 2014 7:14pm Jan 10, 2014 7:14pm
EWI has my alternate count: they think that the impulse down is finished

http://www.elliottwave.com/freeupdat...bs-Report.aspx

BTW: they think, that the 389x was the top. So the finished impulse down is a wave 1
  • #13,072
  • Jan 11, 2014 2:55am Jan 11, 2014 2:55am
Quoting infinitus
EWI has my alternate count: they think that the impulse down is finished http://www.elliottwave.com/freeupdat...bs-Report.aspx BTW: they think, that the 389x was the top. So the finished impulse down is a wave 1
The RSI certainly offers confirmation that it was an impulse down.
Anyway, regardless is 389x was the top or not, the direction now is still up.
Only question now is how far up.

And the uBer bears are at it again

Attached Image (click to enlarge)
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Those who say it cannot be done should not interrupt those who are doing it
  • #13,073
  • Jan 11, 2014 4:35am Jan 11, 2014 4:35am
Quoting infinitus
I am looking at this scenario right now {image} when price runs into the territory of wave 1 at around 3732, then most likely the blue impulse down has already finished and I have to place the blue 5 at the place of where I have now the green B
well I simply can not make up my mind, if the impulse down is finished or not


pro: on daily TF it counts very good as finished; even on lower TF's I can find this

sentiment data show again huge short positions held by retail-trader

we have already retraced around 40% of the down-move, and so far structure of the up-move has certainly potential to go up a bit more


contra: bad fib-relationship

channels badly

very short wave 5



If the up-move is indeed the C-wave impulse of a wave 4, we should see another small move up on Sunday/Monday, which may target the 3720 area

If we have already finished the impulse down, the now building wave 2 is certainly not finished at all. Downwave took around 8 days, and the recent wave up so far 2 days.

A wave 2 will certainly test the 3720 to 3770 area
  • #13,074
  • Edited 5:02am Jan 11, 2014 4:51am | Edited 5:02am
Quoting infinitus
{quote} well I simply can not make up my mind, if the impulse down is finished or not pro: on daily TF it counts very good as finished; even on lower TF's I can find this sentiment data show again huge short positions held by retail-trader we have already retraced around 40% of the down-move, and so far structure of the up-move has certainly potential to go up a bit more contra: bad fib-relationship channels badly very short wave 5 If the up-move is indeed the C-wave impulse of a wave 4, we should see another small move up on Sunday/Monday, which...
Maybe this helps:
USDCHF daily. Price come to the pip at the confluence of 1)falling longer trend line, part of larger wedge- price tested it, 2) rising trend line and 3) 32.8 fibo. Even more, CCI is in bullish mode on monthly, weekly,4h and 1h charts. And price stopped at the same level of the last top. Can the price go further down? It can but quite probably is not going to happen.
Attached Image (click to enlarge)
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Price comes first; fundamentals come second
  • #13,075
  • Jan 11, 2014 8:20am Jan 11, 2014 8:20am
EW an GU


long term count

http://www.actionforex.com/trading-s...0140107205324/
  • #13,076
  • Jan 11, 2014 8:21am Jan 11, 2014 8:21am
EW on UC

long term count

http://www.actionforex.com/trading-s...0140106205211/

http://www.actionforex.com/trading-s...0140106205206/
  • #13,077
  • Jan 11, 2014 8:22am Jan 11, 2014 8:22am
EW on UJ

long term count


http://www.actionforex.com/trading-s...0140106205208/
  • #13,078
  • Jan 11, 2014 8:25am Jan 11, 2014 8:25am
EW on EU

long term count


http://www.actionforex.com/trading-s...0140106205206/


I think all counts reflect more or less what EWI is presenting

The EU count above is recently not the main count of EWI (they have the A-down, then triangle, now in C-down long term count), but it is one of their alternatives
  • #13,079
  • Jan 11, 2014 8:27am Jan 11, 2014 8:27am
EU short term Ichimoku analysis

http://www.actionforex.com/trading-s...0140110205717/
  • #13,080
  • Jan 11, 2014 8:38am Jan 11, 2014 8:38am
Quoting infinitus
I am looking at this scenario right now {image} when price runs into the territory of wave 1 at around 3732, then most likely the blue impulse down has already finished and I have to place the blue 5 at the place of where I have now the green B
OK, this is the alternate scenario
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_EUR_USD_Hourly_snapshot.png Size: 45 KB
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