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  • #401
  • May 23, 2014 9:47pm May 23, 2014 9:47pm
Hey RuffRyder, long time no hear, how's thing?
I have been busy with family stuff so not around regularly lately.

I like the look for NZ/JPY long for next week off support.
Attached Image(s) (click to enlarge)
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  • #402
  • Edited 10:52pm May 23, 2014 10:08pm | Edited 10:52pm
Cable is interesting.
I think this retrace may soon be over, (at least I hope so lol...)
I like the 4hr bullish thrust candle from earlier in the week

Weekly indecisive but segments still look bullish to me as we approach support around 1.68.

I like the monthly chart also.

If this week closes below the immediate supporting segment, I'll flip like a burger and look for a sell.

But not my preferred outlook.

Have a great weekend mate
EDIT: CABLE HARMONIC ASSESSMENT LAST CHART BELOW OFF 4HR 200EMA SUPPORT.
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  • #403
  • May 23, 2014 10:23pm May 23, 2014 10:23pm
NZ/USD, is very resilient.

The bearish monthly/weekly harmonic from way back essentially failed. It dropped for sure but not by anywhere as much as I would have expected and we have monthly/weekly consolidation since then.
They also had a rate hike recently I think and price is still above the weekly consolidation zone.

I entered a little early on the 4hr, prob should have waiting for a closed break north above 8585 or so.

Anyway, will see how she goes.

Cheers mate
Attached Image(s) (click to enlarge)
Click to Enlarge Name: nzdusdmonthly.png Size: 30 KB
Click to Enlarge Name: nzdusdh4.png Size: 29 KB
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  • #404
  • May 24, 2014 1:02am May 24, 2014 1:02am
Bro I'll be back, hi, I like your charts, some patterns on H4 might work out fine!

Longer-term you know me, I'm short NU and AU big time.
  • #405
  • Edited 1:20am May 24, 2014 1:04am | Edited 1:20am
Traders! Massive bearish shark pattern with 127 ratio spotted on WEEKLY GBP USD. I think this time the game is over for GBP USD and we are topping out.

We had an amzing 2 000 + points run up, and it's getting out of steam finally.

This goes perfectly in line with my AU/NU mid-term weakness forecast + strong USDX. Dollar has bottomed out and will be strong.
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  • #406
  • May 24, 2014 1:19am May 24, 2014 1:19am
Guys, proper W1 candle on NZD USD is seen below. I think we already are setting stage to take out 8500 shortly and proceed lower towards 8200-8400 (not this month). Diamond TOP clearly defined on weekly charts.
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  • #407
  • May 24, 2014 8:23am May 24, 2014 8:23am
preliminary analysis for the new week of gbp aud / gbp nzd / gbp jpy - long @ asian open sl 60-80 tp 300/300/100 points.
  • #408
  • May 24, 2014 9:32am May 24, 2014 9:32am
I like this short set up very much
Attached Image(s) (click to enlarge)
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  • #409
  • May 24, 2014 9:34am May 24, 2014 9:34am
Quoting Ill-b-back
I like this short set up very much {image} {image}
could be good, yeah, but D1 is still @ support though.
  • #410
  • May 24, 2014 9:36am May 24, 2014 9:36am
Where's that crazy - overheated US stocks bull market heading? I think it's in late stage of the bull run, not much more room to run higher.
Nasdaq can push 4-8% higher still, but as seen below on monthly charts, not much room available on the upside.

Russell2K small caps rally is already halted, it's failing to take out new highs, which should be a red flag for stock market investors. The investors are starting to take chips off the table, starting with the most risky assets, therefore R2K is stuck where it is at now.

Would not be surprised to see a stock market crash late 14 early 15. The rally is way overdone now.
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  • #411
  • May 24, 2014 9:36am May 24, 2014 9:36am
Quoting ruffryders
{quote} could be good, yeah, but D1 is still @ support though.
Will wait for retest about 100 pips above
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  • #412
  • May 24, 2014 9:43am May 24, 2014 9:43am
Quoting ruffryders
Where's that crazy - overheated US stocks bull market heading? I think it's in late stage of the bull run, not much more room to run higher. Nasdaq can push 4-8% higher still, but as seen below on monthly charts, not much room available on the upside. Russell2K small caps rally is already halted, it's failing to take out new highs, which should be a red flag for stock market investors. The investors are starting to take chips off the table, starting with the most risky assets, therefore R2K is stuck where it is at now. Would not be surprised to...
I swear it's NUTS!!!

Honestly, I don't think it is quite over just yet.

back to bed now, see you next week
Attached Image (click to enlarge)
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  • #413
  • May 24, 2014 9:56am May 24, 2014 9:56am
The primary question is how do you extract profits, once it's out rumbling and bears take over. Loading via put options is good, also we can load up via inverse leveraged ETFs. I'll start compiling a list of inverse ETFs. Also makes sense to load up EU/GU/NU put options, which are longer-term.
  • #414
  • May 24, 2014 11:26am May 24, 2014 11:26am
gbp nzd move explained for asian open with sl and tp.
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  • #415
  • May 24, 2014 11:29am May 24, 2014 11:29am
gbp aud move explained for asian open. H8 chart.
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  • #416
  • May 24, 2014 11:29am May 24, 2014 11:29am
Quoting ruffryders
preliminary analysis for the new week of gbp aud / gbp nzd / gbp jpy - long @ asian open sl 60-80 tp 300/300/100 points.
this is still active / valid. THIS IS HIGH PROBABILITY TRADE SETUPS. DON'T TRY TO GO SHORT NOW.
  • #417
  • May 24, 2014 11:33am May 24, 2014 11:33am
Quoting ruffryders
Traders! Massive bearish shark pattern with 127 ratio spotted on WEEKLY GBP USD. I think this time the game is over for GBP USD and we are topping out. We had an amzing 2 000 + points run up, and it's getting out of steam finally. This goes perfectly in line with my AUg/NU mid-term weakness forecast + strong USDX. Dollar has bottomed out and will be strong. {image}
guys pay close attention to this setup. This could be literally a game-changer for GBP USD.
  • #418
  • May 24, 2014 3:05pm May 24, 2014 3:05pm
Important update on AUD USD / NZD USD for next week - 75% probability of bearish price action 25% prob of bullish price action.

Based on this I'd recommend to take only LONG trade setups on GBP NZD and GBP AUD.
  • #419
  • May 24, 2014 3:29pm May 24, 2014 3:29pm
Hi R how do you arrive at % number ? and then what is the % for cable ?


Quoting ruffryders
Important update on AUD USD / NZD USD for next week - 75% probability of bearish price action 25% prob of bullish price action. Based on this I'd recommend to take only LONG trade setups on GBP NZD and GBP AUD.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #420
  • May 24, 2014 3:44pm May 24, 2014 3:44pm
id wait for break ,i really think it will pull back ,and weekly is unreliable bull signal ,
d1 suggest down ,
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
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