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  • #3,181
  • Oct 12, 2015 7:28am Oct 12, 2015 7:28am
Quoting SuperMario21
AUDCAD Daily view Very nice Gartley with good ABCD. There is also a zone of resistance, an internal and an external trendline. So waiting for it around 0.9620/0.9640 area {image}
Nice chart, here is one I was referring to....NJ similar if better structure but I think I posted it before.
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  • #3,182
  • Oct 12, 2015 9:59am Oct 12, 2015 9:59am
Quoting Mr. Scott
{quote} Nice chart, here is one I was referring to....NJ similar if better structure but I think I posted it before. {image}
You mean this: http://www.forexfactory.com/showthre...09#post8533909
Yes, the Crab on NZDJPY can be a nice option, there is a 2.0AB=BC and D=2.24BC. So area around 81.50 seems very powerful for a possible reverse, or anyway to catch some pips.

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About AUDJPY, also in this case your view seems good.
But I'm not sure about the pattern, it should be a deep Crab, but there is a spike around the B point (on September 17th) that invalidate it. The projection of BC is not the best. In any case the area round 90.35/90.50 is good, there is also the 0.786 of a bigger swing. Probably the situation will be clear in the next days.

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In any case seems the we can expect an AUD (and maybe NZD) reverse on most of pairs next days.... Can you please have a look about the Gold chart? What do you think about a Butterfly on Daily chart with D point around 1190 ???
  • #3,183
  • Oct 12, 2015 10:34am Oct 12, 2015 10:34am
Quoting SuperMario21
{quote} You mean this: http://www.forexfactory.com/showthre...09#post8533909 Yes, the Crab on NZDJPY can be a nice option, there is a 2.0AB=BC and D=2.24BC. So area around 81.50 seems very powerful for a possible reverse, or anyway to catch some pips. {image} About AUDJPY, also in this case your view seems good. But I'm not sure about the pattern, it should be a deep Crab, but there is a spike around the B point (on September 17th) that invalidate it. The projection of BC is not the best. In any case the area round 90.35/90.50...
Here's gold chart
http://www.forexfactory.com/showthre...59#post8532859
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  • #3,184
  • Oct 12, 2015 10:59am Oct 12, 2015 10:59am
Quoting SuperMario21
{quote} You mean this: http://www.forexfactory.com/showthre...09#post8533909 Yes, the Crab on NZDJPY can be a nice option, there is a 2.0AB=BC and D=2.24BC. So area around 81.50 seems very powerful for a possible reverse, or anyway to catch some pips. {image} About AUDJPY, also in this case your view seems good. But I'm not sure about the pattern, it should be a deep Crab, but there is a spike around the B point (on September 17th) that invalidate it. The projection of BC is not the best. In any case the area round 90.35/90.50...

Like structure. Had bigger for G as he was looking 1280, this is smaller.
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  • #3,185
  • Oct 12, 2015 11:23am Oct 12, 2015 11:23am
Quoting gnomoneey
{quote} Here's gold chart http://www.forexfactory.com/showthre...59#post8532859
Thanks Gnomoneey. I have to visit more often your thread, there are many interesting charts.
  • #3,186
  • Oct 12, 2015 11:27am Oct 12, 2015 11:27am
Quoting Mr. Scott
{quote} Like structure. Had bigger for G as he was looking 1280, this is smaller. {image}
That's exactly what I mean.
From 1190 we can expect some day short, the same for AUD in many pairs.
After that would be possible to go long again, as you suggested in the link that Gnomoneey posted, about the weekly view.
  • #3,187
  • Oct 12, 2015 11:34am Oct 12, 2015 11:34am
Shorter time frame, 30Minutes, GBPJPY
We still need to wait around 90 pips before we get there, but look at what a Bat if we get area 183.30/183.20
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  • #3,188
  • Oct 12, 2015 12:16pm Oct 12, 2015 12:16pm
Quoting SuperMario21
{quote} Thanks Gnomoneey. I have to visit more often your thread, there are many interesting charts.
Just call me G .....
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  • #3,189
  • Edited 1:14pm Oct 12, 2015 1:02pm | Edited 1:14pm
Quoting Mr. Scott
{quote} Hey Squawk, Nice to see you. Early day for me tomorrow and long weekend. So, I post a couple of charts....Pretty sure they were here before but if you have a good long term chart, they can be valid for a long time. AU doing something too.... {image} {image}
Hi Scott, USDCAD is showing some reaction at this level driven by Crude. I have a little lower level so maybe a retest of the Crude to 50 again with some reaction could be a trade. There is a Cypher on crude that may play out.
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  • #3,190
  • Oct 12, 2015 1:09pm Oct 12, 2015 1:09pm
Quoting Mr. Scott
{quote} Weird, au, aj, nj all the same.
DOW and 10 year watching for AJ and NJ. Interesting levels for all....
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  • #3,191
  • Oct 12, 2015 1:28pm Oct 12, 2015 1:28pm
Quoting Mr. Scott
Of course there could be others play.... https://youtu.be/rL9ihXiFAko {image}
I Think the best setup for the AU is a short from around 76 but cant see it getting there on this push or another unless on data. No way RBA will like it above 75 and would be uncomfortable with it at this level.

8:40am AUDRBA Deputy Gov Lowe Speaks

Imagine he will want to talk in down.
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  • #3,192
  • Oct 12, 2015 2:03pm Oct 12, 2015 2:03pm
Quoting squawk
{quote} Hi Scott, USDCAD is showing some reaction at this level driven by Crude. I have a little lower level so maybe a retest of the Crude to 50 again with some reaction could be a trade. There is a Cypher on crude that may play out. {image} {image} {image}
Hi Squawk,

Good zones, also like 12870 which is nice place and 382.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #3,193
  • Oct 12, 2015 2:06pm Oct 12, 2015 2:06pm
Quoting SuperMario21
AUDCAD Daily view Very nice Gartley with good ABCD. There is also a zone of resistance, an internal and an external trendline. So waiting for it around 0.9620/0.9640 area {image}
We are now around 50 pips from the target....too early....
The crude oil is pushing up the pair.
I'm thinking about a possible Crab after the Gartley. We will see....
  • #3,194
  • Oct 12, 2015 2:06pm Oct 12, 2015 2:06pm
Quoting gnomoneey
{quote} Just call me G .....
Thanks G
  • #3,195
  • Oct 12, 2015 2:07pm Oct 12, 2015 2:07pm
AU M30, loaded S@375
Attached Image
  • #3,196
  • Oct 12, 2015 2:18pm Oct 12, 2015 2:18pm
Quoting Mr. Scott
{quote} Hi Squawk, Good zones, also like 12870 which is nice place and 382.
Good level to Scott. May be looking to short the CAD if it returns to base and shows. The push today driven by crude fundamentals so may have some push behind it.
  • #3,197
  • Edited 11:00pm Oct 12, 2015 10:50pm | Edited 11:00pm
Quoting SuperMario21
Shorter time frame, 30Minutes, GBPJPY We still need to wait around 90 pips before we get there, but look at what a Bat if we get area 183.30/183.20 {image}
Update.
It's time to find the best price for the entry...
183.23/183.20 seems good
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  • #3,198
  • Edited Oct 13, 2015 12:00am Oct 12, 2015 11:20pm | Edited Oct 13, 2015 12:00am
This one is not so easy....
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  • #3,199
  • Oct 13, 2015 3:20am Oct 13, 2015 3:20am
Quoting SuperMario21
{quote} Update. It's time to find the best price for the entry... 183.23/183.20 seems good {image}
No, this is not the best way to get in the PRZ
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  • #3,200
  • Oct 13, 2015 5:56am Oct 13, 2015 5:56am
Ok, let's try this one.
USDCAD, 1 hour chart.
I have also the Elliott count that gives me 1.3108.
No news expected today....

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