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Help Me Establish The GbpUsd After Dinner Club 40 replies

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  • #19,741
  • Oct 16, 2015 12:18pm Oct 16, 2015 12:18pm
Quoting infinitus
EU 4h TF This would give nice fib-relationships {image}
Interesting point, since week 10th May, no week has closed over 1.1370. If we avoid the exception of August, iliquid market,since then, just only two days has closed over 1.1380. And then, it falls the following day. Market decision now. Interesting moment.
Regards
  • #19,742
  • Oct 16, 2015 1:46pm Oct 16, 2015 1:46pm
http://www.theguardian.com/world/201...dence-at-risk?


US tank enters ruined Afghan hospital putting 'war crime' evidence at risk
  • #19,743
  • Oct 16, 2015 1:50pm Oct 16, 2015 1:50pm
Tell President Obama to Consent to Independent Investigation of Kunduz Hospital Bombing

Doctors Without Borders/Mdecins Sans Frontires (MSF) USA
  • #19,744
  • Oct 16, 2015 4:19pm Oct 16, 2015 4:19pm
Something interesting for the fib fans?

Here we go:

EU 2-day TF

when we place a fib retracement from the blue 2 to the blue 3, the following retracement from the 1.04 bottom ended at the 38.2% retracement.

When we now place a fib-expansion down from the top of the blue 4, down to the 1.1087 low and up to the 1.1495 high, we get a 1.618 extension right at the very bottom around the 1.0454 low (only a few pips difference)
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_EUR_USD_2 Days_snapshot.png Size: 53 KB
  • #19,745
  • Oct 16, 2015 4:23pm Oct 16, 2015 4:23pm
Quoting Lavanda
{quote} Interesting point, since week 10th May, no week has closed over 1.1370. If we avoid the exception of August, iliquid market,since then, just only two days has closed over 1.1380. And then, it falls the following day. Market decision now. Interesting moment. Regards
Just when it was looking that weekly candle was going to close over 1.1370, with momentum, ,FED'S Mester speech, talking about US Economy can handle a interest hike. Again, week close below 1.1370.
  • #19,746
  • Oct 16, 2015 4:41pm Oct 16, 2015 4:41pm
Quoting Lavanda
{quote} Just when it was looking that weekly candle was going to close over 1.1370, with momentum, ,FED'S Mester speech, talking about US Economy can handle a interest hike. Again, week close below 1.1370.
It is all a big drama
  • #19,747
  • Oct 16, 2015 4:47pm Oct 16, 2015 4:47pm
Quoting infinitus
Something interesting for the fib fans? Here we go: EU 2-day TF when we place a fib retracement from the blue 2 to the blue 3, the following retracement from the 1.04 bottom ended at the 38.2% retracement. When we now place a fib-expansion down from the top of the blue 4, down to the 1.1087 low and up to the 1.1495 high, we get a 1.618 extension right at the very bottom around the 1.0454 low (only a few pips difference) {image}
amazing ...
  • #19,748
  • Oct 16, 2015 5:06pm Oct 16, 2015 5:06pm
Quoting infinitus
Something interesting for the fib fans? Here we go: EU 2-day TF when we place a fib retracement from the blue 2 to the blue 3, the following retracement from the 1.04 bottom ended at the 38.2% retracement. When we now place a fib-expansion down from the top of the blue 4, down to the 1.1087 low and up to the 1.1495 high, we get a 1.618 extension right at the very bottom around the 1.0454 low (only a few pips difference) {image}
Sorry, I'm just a newbie.
But I don't understand why Y and 4 are in that position.
It seems not valid...in my opinion.
Could you please explain?
Thanks
  • #19,749
  • Oct 16, 2015 5:15pm Oct 16, 2015 5:15pm
Quoting SuperMario21
{quote} Sorry, I'm just a newbie. But I don't understand why Y and 4 are in that position. It seems not valid...in my opinion. Could you please explain? Thanks
HI SM...
I can try ...
Blue is the main count
  • #19,750
  • Oct 16, 2015 5:15pm Oct 16, 2015 5:15pm
Quoting SuperMario21
{quote} Sorry, I'm just a newbie. But I don't understand why Y and 4 are in that position. It seems not valid...in my opinion. Could you please explain? Thanks

why do you think they are in the wrong position?
  • #19,751
  • Oct 16, 2015 5:17pm Oct 16, 2015 5:17pm
Quoting chess king
{quote} HI SM... I can try ... Blue is the main count

all is the main count:

wave 4 consists out of a complex WXY-correction

each W, X and Y consists out of corrective ABC-moves
  • #19,752
  • Oct 16, 2015 5:24pm Oct 16, 2015 5:24pm
Quoting SuperMario21
{quote} Sorry, I'm just a newbie. But I don't understand why Y and 4 are in that position. It seems not valid...in my opinion. Could you please explain? Thanks

read this:

http://www.forexfactory.com/showthre...88#post8541188

http://www.forexfactory.com/showthre...59#post8541159

and for bigger picture this:

http://www.forexfactory.com/showthre...14#post8541114



As I said in the post above (Variant B):

But more and more this count gets into trouble because wave 4 gets longer and longer. Wave blue 2 is short (time wise) and does not retrace deeply. Since EWP is calling for wave alternation, we would expect wave 4 to be long (time-wise) and/or retracement deeply.


Either it tanks now or I have to look for new main count
  • #19,753
  • Oct 16, 2015 5:27pm Oct 16, 2015 5:27pm
Quoting SuperMario21
{quote} Sorry, I'm just a newbie. But I don't understand why Y and 4 are in that position. It seems not valid...in my opinion. Could you please explain? Thanks

BTW: nice harmonics you showed
  • #19,754
  • Edited 6:02pm Oct 16, 2015 5:45pm | Edited 6:02pm
Quoting infinitus
{quote} all is the main count: wave 4 consists out of a complex WXY-correction each W, X and Y consists out of corrective ABC-moves
I was watching all your count ( including ZIG- ZAG ) inside the blue one... and we are in wave 4. Is it possible wave 4 be a complex WXY-correction ?

corrective ABC-moves is clear ...and wxy okay..... question to me is.. what next Z or wave blue 5!
  • #19,755
  • Oct 16, 2015 5:50pm Oct 16, 2015 5:50pm
Death servant speaks:
http://www.zerohedge.com/news/2015-1...-not-act-syria

He does know alot doesnt he. For a senator. More pictures for him i guess with fellow ISIS generals. Many politicans are corupt, evil and plain on sight but i have yet to see a man that is so evil on sight as this dude.
  • #19,756
  • Oct 16, 2015 6:03pm Oct 16, 2015 6:03pm
Quoting chess king
{quote} I was watching all your count ( including ZIG- ZAG ) inside the blue one... and we are in wave 4 ?is it possibel wave 4 be a complex WXY-correction ? corrective ABC-moves is clear ...
wxy can be in both wave 2 and wave 4 position
  • #19,757
  • Oct 16, 2015 6:04pm Oct 16, 2015 6:04pm
Quoting janpec1000
Death servant speaks: http://www.zerohedge.com/news/2015-1...-not-act-syria He does know alot doesnt he. For a senator. More pictures for him i guess with fellow ISIS generals. Many politicans are corupt, evil and plain on sight but i have yet to see a man that is so evil on sight as this dude.
exactly what I thought......
  • #19,758
  • Oct 16, 2015 6:13pm Oct 16, 2015 6:13pm
Quoting infinitus
{quote} wxy can be in both wave 2 and wave 4 position
okay

thank you.
  • #19,759
  • Oct 16, 2015 6:15pm Oct 16, 2015 6:15pm
Quoting Lavanda
{quote} Just when it was looking that weekly candle was going to close over 1.1370, with momentum, ,FED'S Mester speech, talking about US Economy can handle a interest hike. Again, week close below 1.1370.
its drama util it isnt. As of any macro event. Though therer are some that dont deliver. As for trading it matters only where and what you aim for. FOMC if now zzzzz....watch on for BOJ to make money. 13 days to go.
  • #19,760
  • Oct 16, 2015 6:17pm Oct 16, 2015 6:17pm
Quoting infinitus
{quote} all is the main count: wave 4 consists out of a complex WXY-correction each W, X and Y consists out of corrective ABC-moves
Thanks for your answer and for the links with your opinion.
Now I understand how you think about it, but I also see that we have completely different opinion.

Try to explain my opinion is not easy, and I don't want have problem with other users (I saw that here on FF the Elliotticians make wars between themselves, and this is crazy).

Thanks also about the harmonic patterns. I'm trying to improve the method and make it work with EW.
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