Elliott Wave Trading Discussion - Page 118

barnabasnagy · #**1756** (**permalink**) 10-23-2008, 03:11 PM

Quote:

Originally Posted by Ilovepippin

IMHO these "conspiracy theories" are not a conspiracy at all, it is just the way things go in politics. There is a whole world behind the curtain that you don't see but where everything happens.
But you have to check your facts and stay realistic. Zeitgeist had some truth to it but the worst lies are half truths.
Always ask yourself who is to benefit?
However, all these theories however nice they are, don't really help in setting my EW targets.

I know it's not the whole truth but you can see a draft of it. And I also don't like the word conspiracy I rather call it truth. For those who don't get it it remains conspiracy. Who have understanding it's the truth.

Gizmo · #**1757** (**permalink**) 10-23-2008, 03:20 PM

Quote:

Originally Posted by barnabasnagy

One of the most influential private banker dinasty, the Rockefellers had friendship with Aaron Russo filmmaker. It's worth a watch what does he say about the globalization, private banks and also amero. So Nick Rockefeller years ago already revelaed the secret currency to Aaron. Historic Interview with Aaron Russo, Fighting Cancer and the New World Order

Would be nice if we could buy the Amero now for pennies on the dollar like maybe 10 cents buys 1 Amero. I would get a bunch.

barnabasnagy · #**1758** (**permalink**) 10-23-2008, 03:21 PM

Quote:

Originally Posted by qsx

italm,
sorry, i did not want to offend you - and i suppose we are all open minded enough to not get offended.
first of all i see it highly unlikely to form two following expanded flats so quickly one after another; kind of the rule of alternation. second, remember when usdcad was at 1,08? or usdchf at 1,14? we were all looking for a top, and we were doing all kind of pattern aerobics, again with the expanded flat down. but hey, lets face it, this pattern in the eurgbp simply is a three wave move down. weather we like it, or not, it simply is three waves. that is why my assumption is that this should be a leading diagonal. now i have no idea under what angle it will form, but i prefer to wait for now - even if i miss the party. i am just pointing out that it could take some time.
and just watch where the usdchf and usdcad are now.. looks like there is no significant top forming with a expanded flat, or at least i dont remember one - could you search for one?
i had two type of tops scenarios for eurgbp, blow off, and forming a base. as it continuesly fails to fall as a rock, as both currencies are being liquidated around the board, i suppose the second is happening.
anyway, you might be right, and its your opinion, and your responsibility

cheers.

barnabas,
its great that you are so open minded, but i am wondering what you can achieve with your blog. i looked at it yesterday, its cool, but overall you are just posting foreign oppinions/videos. this is always the problem with those conspiracy theories - there is little you can do as a ordinary private person.
but congrats for finding yourself, and your higher purpose.
by the way, the "documentary" about the amero, the one you put here is a cut from the zeitgeist movie, i suppose you know it..

...thats my part of critical thinking.

Critical thinking is always needed. It is the essense of our freedom and it can bring us forth to get know more. It is the opposite of brainwash. My aim is not to achieve "something" with my blog, I simply can't shut my mouth up if I get know such lies and brainwash schemes. And if people do not digg into the deep and I do, and I find something that they may not know I have the push to say out, because it's insane. Just as Big Mike found my article about the AMERO - this is already an achievment for me even though christians say I'm a craze, you all came to the sum that the AMERO is coming. At last you think in comparison to some stupid christians. I can do nothing alone, I do what I can. Higher purpose? Everyone has a higher purpose in God's plan you just have find it and let it happen. Thanks for your critical thinking! By the way, one more thing about the amero: as I replied to Big Mike Aaron Russo also spoke out what Nick Rockefeller told him, one of this secret was the AMERO. And it was years ago. So it was quite in plan.

ajcody · #**1759** (**permalink**) 10-23-2008, 04:11 PM

Quote:

Originally Posted by brad_1199

Hi Tank .. Looks like I was wrong to expect a bounce upward in USDJPY.. I thought it would come back up higher, but it looks now like Major Support near the 100.00 zone has finally given way... I would short anywhere now... And just be vigilant about looking out for swings higher that could wipe you out. First Target is at 87.00 .. Beyond that 80.00 is another long term target..

Dow just closed up about 170+ points....maybe will get a bit of a rally in this pair Brad....What you think?

emil.taghiyev · #**1760** (**permalink**) 10-23-2008, 04:52 PM

Hi Brad. You showed that GBPJPY is heading towards 152. When do you expect the pair to reach that level? Would you say next week? Is it ok to short it against 161?
thank you
Emil

Big Mike · #**1761** (**permalink**) 10-23-2008, 05:07 PM

Hi guys
further to my mesage of last night, about USDCAD being so high and being the front line news here in Canada, i shorted USDCAD this morning against a tight stop, just after it touched in excess 1.27
So far, so good, I am up over 200 pips and am watching the pattern developing.
Most other currencies show also similar bounce against USD.

brad_1199 · #**1762** (**permalink**) 10-23-2008, 05:10 PM

Quote:

Originally Posted by ajcody

Dow just closed up about 170+ points....maybe will get a bit of a rally in this pair Brad....What you think?

There's a hammer on the 2 hour chart of USDJPY that should cause some choppy sideways action pushing price into resistance over head before further down side... I said it the other day and I'll say it again now.. This pair is COOKED !

qsx · #**1763** (**permalink**) 10-23-2008, 05:27 PM

hmm.. where does this fit?
is the euro decline over as jamie is waiting for it? i would suppose against the yen - no way..
but so clear as that, that should be a more major correction. i`ll have to dig into the charts..
i have this weird feeling there is a major change in the works..

the usdjpy went through the trendline which was holding price below it the last 3 days..
edit: i am into a short term long trade..

Big Mike · #**1764** (**permalink**) 10-23-2008, 05:30 PM

Quote:

Originally Posted by brad_1199

There's a hammer on the 2 hour chart of USDJPY that should cause some choppy sideways action pushing price into resistance over head before further down side... I said it the other day and I'll say it again now.. This pair is COOKED !

Brad
i just want to say that you are maikng me a believer in japanese candle sticks. great analysis, good work. Just a different approach from EW, but, hey, we need a second opinion. Even if it agrees with EW, but gives a different tool to arrive at the same conclusions.
as you know, I use P&F charts from time to time. Starngely enough, they also agree with EW for most of the time. It is nice to have alternate view.

Big Mike · #**1765** (**permalink**) 10-23-2008, 05:32 PM

Quote:

Originally Posted by qsx

hmm.. where does this fit?
is the euro decline over as jamie is waiting for it? i would suppose against the yen - no way..
but so clear as that, that should be a more major correction. i`ll have to dig into the charts..
i have this weird feeling there is a major change in the works..

QSX
My P&F charts are giving me an intermediate target of EURJPY = 102
There is more fun on the way.
After 102, we will need to reassess.

qsx · #**1766** (**permalink**) 10-23-2008, 06:07 PM

hmm, what about that one - would explain alot.. i really start to like that count. nevertheless it is still 5 waves, however we look at it.
the first waves are always consisting of 3 waves, while the second ones look like impulses, but actually there is always one more low then necessary; the 3rd wave is the clearest.
diagonals retrace deeply, so we might get even a move above 102..
i think 97,2 would be a good place for longs..
brad could be right with the upmove! - genious, lol!

italm31 · #**1767** (**permalink**) 10-23-2008, 06:29 PM

Hmm looking mighty interesting. May add small position to my short soon.

qsx · #**1768** (**permalink**) 10-23-2008, 07:30 PM

big mike, thanks for the P&F skillz.. i am having that in mind.. another thing i need to learn

hmm, jamie looks to be on the right track..

dollar top? eurusd (last chart) to 3?

qsx · #**1769** (**permalink**) 10-23-2008, 08:02 PM

another one..
need to go to sleep..

edit: now i see that my wave 3 is the smallest. this one is out. i am going to sleep..

brad_1199 · #**1770** (**permalink**) 10-23-2008, 08:09 PM

Quote:

Originally Posted by Big Mike

Brad
i just want to say that you are maikng me a believer in japanese candle sticks. great analysis, good work. Just a different approach from EW, but, hey, we need a second opinion. Even if it agrees with EW, but gives a different tool to arrive at the same conclusions.
as you know, I use P&F charts from time to time. Starngely enough, they also agree with EW for most of the time. It is nice to have alternate view.

Thanks Big Mike

For me candles combined with fib levels are the major tools in my trading kit. Elliott Wave is a compliment to those.