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Help Me Establish The GbpUsd After Dinner Club 40 replies

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The Club!

  • #21,641
  • May 13, 2016 11:28am May 13, 2016 11:28am
Quoting chess king
{quote} E/U for me... at the moment is neutral testing PP months.
I've got a retailers gap at 1,1340.
  • #21,642
  • Edited 11:30am May 14, 2016 11:14am | Edited 11:30am
Total US Debt Is Back To Its Great Depression Peak
http://www.zerohedge.com/news/2016-0...epression-peak

And one comment below the article
by GUS100CORRINA

To All:
All I can say is WOW to this chart. I think Speaker Paul Ryan should use this chart the next time he talks with President Obama. His comment should be: "Well done Mr. President. You are going to go down as one of the worst leaders in American History. It looks like you are going to take the rest of us down the toilet with you."
Having said the above, it looks like all the pieces are now in place for the "Seventh Mark" to be fulfilled. Below is how it has unfolded for America for the last 50+ years. GOD is patient and long suffering, but his patience and warnings are not infinite.
When I look at this chart, I have to agree with the data. Not even the corrupt CBs can stop the final outcome. What is stunning is when one realizes that we are actually no futher ahead after all this BS and have actually dug a pretty deep financial pit for future generations. Case in point, FED balanace sheet is now 4+ Trillion bigger, America's Debt is now 10+ Trillion larger, Student loans are about 2 Trillion higher, 80% of the S&P500 has corporate balance sheets that are in the worse shape in history due to debt-leveraged stock buy backs, healthcare costs are soaring and our foreign policy is an utter disaster. And guess what ... the S&P is no higher than it was in 2008!!!!!
In Solomon's prayer, 2Chr6:12-42, he lays a petition before GOD to have mercy on Israel when they commit sins that will result in judgments from GOD. Below are the seven Marks of God's judgment outlined in Solomon's prayer found in 2Chr6:12-42:
1. The First Mark: Removal of God's Blessing (How is that working out for everyone? Are you better or worse of today when compared to 20 years ago?)
2. The Second Mark: Injustice (Are people being jailed by corrupt government policies and laws? YES ... JUST LOOK AROUND.)
3. The Third Mark: Military Defeat (IRAQ, AFGHANISTAN, VIETNAM, etc..)
4. The Fourth Mark: Drought (Remember California and Texas to name just two? How about much of the western United States?)
5. The Fifth Mark: Hardship, Death, Attacks on Our Cities (Remember 911 and Other terrorist events in America Recently. Regarding hardship, how about Detroit, MI or Flint, MI? Does 2015 San Bernardino attack, CA ring a bell?)
6: The Sixth Mark: Abuse of Immigrants (I would say we are there today, wouldn't you? What a mess!)
7. The Seventh Mark: War and National Collapse (How is the war on terror going? How about American deficits and debt? Does anyone think the 250 Trillion dollars in derivatives carried by 5 largest US banks is a good idea? Can anything go wrong with our "Too Big To Fail" G-SIFIs?)
Based on the above, we are at "DEFCON 1". Or to use a football analogy: "It is fourth down with four seconds left on the clock and we are on our own 4 yard line behind by 6 points." Can America score a touchdown or will it lose the game? We have hope, but the odds are heavily against the us. The chart above only confirms the fact that financial collapse looks ready to happen. All that is needed is a spark to set it off. We have stolen from the next generations to keep things proped up based on 'FAILED' Keynesian economic theories! WE ARE AT THE SEVENTH MARK!!
May GOD have mercy on America!!!

Best
D.P.

P.S.
Inserted Video
Hunting High and Low
  • #21,643
  • May 14, 2016 12:31pm May 14, 2016 12:31pm
The predictive power of price patterns
By G. CAGINALP and H. LAURENT

I've found this article at the FF.
It is not a new one.
However I would like to keep it here for us to have it closely if needed.

Best
D.P.
Attached File(s)
File Type: pdf predictive power of candles.pdf   401 KB | 507 downloads
Hunting High and Low
  • #21,644
  • May 14, 2016 1:44pm May 14, 2016 1:44pm
Quoting Lavanda
{quote} I've got a retailers gap at 1,1340.
You have something in AUD / USD ?
  • #21,645
  • May 14, 2016 3:07pm May 14, 2016 3:07pm
Quoting chess king
{quote} You have something in AUD / USD ?
No, there is another one in GU at 1.4407 more or less
  • #21,646
  • Edited May 15, 2016 12:52am May 14, 2016 11:35pm | Edited May 15, 2016 12:52am
Quoting chess king
{quote} You have something in AUD / USD ?

Interesting situation ... AU Daily currently at MA200 meanwhile old-demand area below MA200.

I think if AU bulls still alive (there was bulls trying to enter on friday) and want to maintain up-trend (on Weekly) they would make new-demand area above/around MA200 otherwise up-trend probably is over,
the thing is retail trader are heavily longed ... so let's see what gonna happen next-week.

Daily chart,
Attached Image (click to enlarge)
Click to Enlarge Name: `3.png Size: 31 KB

Weekly chart,
Attached Image (click to enlarge)
Click to Enlarge Name: `2.png Size: 11 KB
  • #21,647
  • May 15, 2016 4:31am May 15, 2016 4:31am
Quoting andexQ
{quote} Interesting situation ... AU Daily currently at MA200 meanwhile old-demand area below MA200. I think if AU bulls still alive (there was bulls trying to enter on friday) and want to maintain up-trend (on Weekly) they would make new-demand area above/around MA200 otherwise up-trend probably is over, the thing is retail trader are heavily longed ... so let's see what gonna happen next-week. Daily chart, {image} Weekly chart, {image}
Yup, AndexQ, very interesting...

I would have tried buying at the 0.7125-0.715 area with a stop-loss at 0.71.

Best
D.P.
Hunting High and Low
  • #21,648
  • May 15, 2016 6:37am May 15, 2016 6:37am
Quoting andexQ
{quote} Interesting situation ... AU Daily currently at MA200 meanwhile old-demand area below MA200. I think if AU bulls still alive (there was bulls trying to enter on friday) and want to maintain up-trend (on Weekly) they would make new-demand area above/around MA200 otherwise up-trend probably is over, the thing is retail trader are heavily longed ... so let's see what gonna happen next-week. Daily chart, {image} Weekly chart, {image}
thank you
around 0.720X is a key point for me... 61% D RET.. and I will try to play... Gartley Pattern.

I have a possible target at 0.675x... if bears take the control !

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD_Sun May 15 2016.png Size: 63 KB
  • #21,649
  • May 16, 2016 10:16am May 16, 2016 10:16am
Markus,

There is a subject you will be definetly interested in

http://www.forexfactory.com/showthread.php?t=589733

Best
D.P.
Hunting High and Low
  • #21,650
  • May 17, 2016 1:15pm May 17, 2016 1:15pm
Hi Friends,


hope all is well.

I am in need for 6 more hands, 2 more legs, and 1 more head in order to get my work done. I am swimming like crazy but can`t even see the shore


D.P.: thanks for the link - will have a closer look

the solution is not to be contrary the retail investor, the solution is to know when to be on the other side of the retail trade :nerd:

But I think here in this thread this wisdom is like bringing Owls to Athen


keep up the good work here


catch you all later


Markus
  • #21,651
  • May 17, 2016 1:56pm May 17, 2016 1:56pm
Quoting infinitus
Hi Friends, hope all is well. I am in need for 6 more hands, 2 more legs, and 1 more head in order to get my work done. I am swimming like crazy but can`t even see the shore D.P.: thanks for the link - will have a closer look the solution is not to be contrary the retail investor, the solution is to know when to be on the other side of the retail trade :nerd: But I think here in this thread this wisdom is like bringing Owls to Athen keep up the good work here catch you all later Markus
Ouh, Markus, I am glad you are back.
You missed much while being out.

You can begin with http://www.forexfactory.com/showthre...590622&page=11
or http://www.forexfactory.com/showthre...91#post8931391

you need a bucket of popcorn, for sure!

Have a nice day

Best
D.P.
Hunting High and Low
  • #21,652
  • May 18, 2016 12:53am May 18, 2016 12:53am
Quoting andexQ
{quote} My long-term view still bearish however recently USD got a lot of buyers/support as a result of commodities sell-off so until commodities found strong support USD for mid-term/short-term should be bullish and atm. seem heading back to 95 area ... maybe the battle for 95 is not really over. ADDED: as for euro, atm. is the strongest among usd basket and at major support area .. so let's see if it can hold.
DXY has just touched 95, and stopped going up...
  • #21,653
  • May 18, 2016 2:04am May 18, 2016 2:04am
Quoting Lavanda
{quote} DXY has just touched 95, and stopped going up...
hmm i think just touched is not enough ... to be valid, ideally 95 should be re-tested by all sessions across the globe: asia, europe and US,
be patient this is very important level for future direction.
  • #21,654
  • May 18, 2016 4:47am May 18, 2016 4:47am
Quoting andexQ
{quote} hmm i think just touched is not enough ... to be valid, ideally 95 should be re-tested by all sessions across the globe: asia, europe and US, be patient this is very important level for future direction.
It was an idea to be positioned before FOMC with stop loss at BE or just to scalp. I've just to get away from the screen and I have lost the chance.
  • #21,655
  • May 18, 2016 7:17am May 18, 2016 7:17am
Quoting Lavanda
{quote} It was an idea to be positioned before FOMC with stop loss at BE or just to scalp. I've just to get away from the screen and I have lost the chance.
oops ... but u quoted my post regarding usd daily chart so i was talking about daily then..

Quoting andexQ
USD Daily chart, {image}
  • #21,656
  • May 18, 2016 8:17am May 18, 2016 8:17am
Quoting andexQ
{quote} oops ... but u quoted my post regarding usd daily chart so i was talking about daily then.. {quote}
I'm a scalper but points in the daily chart are interesting. That's all. Let's see what the FOMC give us. I'm suspicious is going to be bearish in EU. Let's see. Although in dxy the real support/resistance was 95,20.
  • #21,657
  • May 18, 2016 12:21pm May 18, 2016 12:21pm
Quoting andexQ
{quote} oops ... but u quoted my post regarding usd daily chart so i was talking about daily then.. {quote}
95,20, old support-resistance in DXY keeping till now.
  • #21,658
  • May 18, 2016 12:37pm May 18, 2016 12:37pm
Quoting Lavanda
{quote} 95,20, old support-resistance in DXY keeping till now.
There is a little bit different in value between DX & DXY

DX has not reach 9.20 yet ... preferable to use DX for accurate measurement.
http://www.investing.com/quotes/us-dollar-index
  • #21,659
  • May 18, 2016 12:58pm May 18, 2016 12:58pm
Hi traders...

Any one have Quantumits Mq4 file indicator...?

if you have please post it...

Thanks
Attached File(s)
File Type: ex4 quantumits.ex4   8 KB | 317 downloads
  • #21,660
  • May 18, 2016 1:14pm May 18, 2016 1:14pm
Quoting andexQ
{quote} There is a little bit different in value between DX & DXY DX has not reach 9.20 yet ... preferable to use DX for accurate measurement. http://www.investing.com/quotes/us-dollar-index
I use DX too..
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