The Purely Technical EUR/USD Trading Thread

[stanchiam]

have a count on usd, it will determine the direction of eurusd
take your pick, good luck

[Clivewaverider]

i have posted it sometime back where i stated the low is wave D and now is on its way to complete E (i hope i am wrong as 99% of bros want to see big wave 3 drop)
however, gbpusd is different, wave e already completed

a month plus ago, mostly all were shouting bulls on eurusd while gbpusd seems even more bullish than eur
i saw lots of "interesting" count but started to warn bros to be careful and also posted gbp count on wave e before it happen and also when it ended
after those flooding days with my charts, i seldom post as i fear bros will take my count as their count
it will also cause other bros who have different count to get confused
my count are mostly correct and due to that, might causes bro to have "unforeseen" losses especially newbies

i trade and flow with the waves, just like a surfer, others may try to follow and get drown in the sea
will only post count when i think it is time to, will hide the rest of the time
good luck bros

ps: i tried to be funny in some of my post but some bros think i am sarcastic, oh well...my jokes are not good enough
they call such jokes cold jokes as one will feel too cold to laugh, want to laugh but unable, mouth freezed....lol

A few of us, not on the EW forum, have been struggling with this whole move down from 1.4939 being impulsive, as it is clearly not. So you have many 'bros' not convinced about the hard drop and as you say, all we can do is follow the waves. I may be still learning how to stay on the surf board over here, but the sentiment is definitely agreed with.

Please do not fear posting charts here if you wish to; I for one, love them.

[stanchiam]

A few of us, not on the EW forum, have been struggling with this whole move down from 1.4939 being impulsive, as it is clearly not. So you have many 'bros' not convinced about the hard drop and as you say, all we can do is follow the waves. I may be still learning how to stay on the surf board over here, but the sentiment is definitely agreed with.

Please do not fear posting charts here if you wish to; I for one, love them.

oh, i saw lots of "expert" site count the coming move as the next big thing, the mother of all drop...lol
do not want to post much as i "do not" want to affect them

hehe....will post, will do so when the time come
the special one goes into hide mode now, oh, maybe i will call myself the hidden dragon...lol
cheers

[CodyB]

If you are interested....these can be quite interesting calls to listen into

Conference Call

Exit Euro Crisis Panel : Global Conf Call Update – Part 2
• Why did markets sell-off, not rally following the €100b bailout package?
• Why does our European team expect the Spanish bank recap to be followed by a larger formal rescue package?
• What steps and actions would give our European team greater confidence of a more complete European solution
• We do not think a bear market is taking root. But how close are markets to capitulation? Several key indicators suggest markets are showing evidence of capitulation—hence, potential for a turning point in markets.

Hosted by Thomas Lee
Chief U.S. Equity Strategist

Joining the call:
Nikolaos Panigirtzoglou - Global Market Strategist
Pavan Wadhwa - Global Head of Interest Rate Strategy

Wednesday, June 13 @ 11:30am ET / 16:30 UK
DIAL-IN: 800-857-9651 (US); +1-312-470-7357 (outside US); Passcode: STRATEGY

International Dial-ins
CHINA - A 10800-712-1320
CHINA - B 10800-120-1320
BRAZIL 0800-8911992
FRANCE 080-510-0831
GERMANY 0800-000-1654
GREECE 00800-12-6872
HONG KONG 800-900-592
ITALY 800-987-450
JAPAN 00531-12-1857
NETHERLANDS 0800-020-0428
SAUDI ARABIA 800-8-110012
SINGAPORE 800-120-4272
SOUTH KOREA 00798-14800-6732
SPAIN 800-098-445
SWITZERLAND 0800-001-296
TAIWAN 00801-137-708
UNITED KINGDOM 0800-279-3953
OTHER 44-20-7108-6248

[MOZI32]

i like the general view that we are in D , but i see possible 1.2250/1.2150 before sharply back up . but will see the next days will be more clear if there is more or that s it .

i have posted it sometime back where i stated the low is wave D and now is on its way to complete E (i hope i am wrong as 99% of bros want to see big wave 3 drop)
however, gbpusd is different, wave e already completed

a month plus ago, mostly all were shouting bulls on eurusd while gbpusd seems even more bullish than eur
i saw lots of "interesting" count but started to warn bros to be careful and also posted gbp count on wave e before it happen and also when it ended
after those flooding days with my charts, i seldom post as i fear bros will take my count as their count
it will also cause other bros who have different count to get confused
my count are mostly correct and due to that, might causes bro to have "unforeseen" losses especially newbies

i trade and flow with the waves, just like a surfer, others may try to follow and get drown in the sea
will only post count when i think it is time to, will hide the rest of the time
good luck bros

ps: i tried to be funny in some of my post but some bros think i am sarcastic, oh well...my jokes are not good enough
they call such jokes cold jokes as one will feel too cold to laugh, want to laugh but unable, mouth freezed....lol

[Clivewaverider]

If you are interested....these can be quite interesting calls to listen into

Conference Call

Exit Euro Crisis Panel : Global Conf Call Update – Part 2
• Why did markets sell-off, not rally following the €100b bailout package?
• Why does our European team expect the Spanish bank recap to be followed by a larger formal rescue package?
• What steps and actions would give our European team greater confidence of a more complete European solution
• We do not think a bear market is taking root. But how close are markets to capitulation? Several key indicators suggest markets are showing evidence of capitulation—hence, potential for a turning point in markets.

Hosted by Thomas Lee
Chief U.S. Equity Strategist

Joining the call:
Nikolaos Panigirtzoglou - Global Market Strategist
Pavan Wadhwa - Global Head of Interest Rate Strategy

Wednesday, June 13 @ 11:30am ET / 16:30 UK
DIAL-IN: 800-857-9651 (US); +1-312-470-7357 (outside US); Passcode: STRATEGY

International Dial-ins
CHINA - A 10800-712-1320
CHINA - B 10800-120-1320
BRAZIL 0800-8911992
FRANCE 080-510-0831
GERMANY 0800-000-1654
GREECE 00800-12-6872
HONG KONG 800-900-592
ITALY 800-987-450
JAPAN 00531-12-1857
NETHERLANDS 0800-020-0428
SAUDI ARABIA 800-8-110012
SINGAPORE 800-120-4272
SOUTH KOREA 00798-14800-6732
SPAIN 800-098-445
SWITZERLAND 0800-001-296
TAIWAN 00801-137-708
UNITED KINGDOM 0800-279-3953
OTHER 44-20-7108-6248

Thanks for this CodyB - I'll be listening in.

[Clivewaverider]

Really messy chart - sorry but lots in it.

Confluence of lots of angles and weekly pivot at 1.2750 - most interesting is the 85.4% of the fan taking the gap low to high from Friday to Sunday night - it failed on the downside to solidify a bull move, but perhaps may do us the honour of failing to the underside too when we get up there. This is also the regression channel top of all moves since 1.2287 and will be the 61.8% fib fan line from yesterday's expanded flat.

All lines in the sky but time for that confluence is 2pm tomorrow and I know I keep whittering on but I got a turn date on my daily chart for tomorrow...................oooooohhhhh. Wave 5 down??

[Franosh]

I think I perhaps said on this board or perhaps another forum at the time that the low on 1/6/2012 was a potential price and time squaring low from 7/6/2010. It fits with astro charts and SQ9 too. Geometrically, the numbers I got was at 2267, or 2289 or 2310, with the actual low at 2287. It's also a Gann date for turning point too. The more all and sundry on a site for mostly newbies call for it to collapse, the more likely it's going to do the opposite.

Happy trading, all. I will put my forum days behind me.

[Clivewaverider]

I think I perhaps said on this board or perhaps another forum at the time that the low on 1/6/2012 was a potential price and time squaring low from 7/6/2010. It fits with astro charts and SQ9 too. Geometrically, the numbers I got was at 2267, or 2289 or 2310, with the actual low at 2287. It's also a Gann date for turning point too. The more all and sundry on a site for mostly newbies call for it to collapse, the more likely it's going to do the opposite.

Happy trading, all. I will put my forum days behind me.

Really beautiful thing this Franosh - I have looked at them before and even typed up my own one hoping that by osmosis, it would mean that I would understand it but in vain .....still beautiful though. Any intro on how to read these?

Are you saying you are not writing anymore?

[Clivewaverider]

I have closed my longs for today at 1.2592 and hope for a retrace in to tomorrows Pivot. Catch up tomorrow.

[CodyB]

I think I perhaps said on this board or perhaps another forum at the time that the low on 1/6/2012 was a potential price and time squaring low from 7/6/2010. It fits with astro charts and SQ9 too. Geometrically, the numbers I got was at 2267, or 2289 or 2310, with the actual low at 2287. It's also a Gann date for turning point too. The more all and sundry on a site for mostly newbies call for it to collapse, the more likely it's going to do the opposite.

Happy trading, all. I will put my forum days behind me.

I fully agree, it was worth a try anyhow...

I will put my forum days behind me.

[MOZI32]

well done Clive , hit again the fan of the beginning of the week , will it hold ? then again down back below 1.25 ? or a break and a fly to a bigger fan from monthly near 1.2750 and another 1.2850 ?

Good luck

I have closed my longs for today at 1.2592 and hope for a retrace in to tomorrows Pivot. Catch up tomorrow.

[biggari]

shame to see you go Franosh - always enjoyed your posts and have a lot of respect for what you have to say

hope you achieve your goals

[Luxuriant]

Well, it is what I have been trying to play but a shallow 'C' wave to end? This is the bit causing the market to buckeroo me thinks. That expanded flat in the b wave of the second abc was a real humdinger to take as much from as many. This whole gap up, slam down then the expanded flat seems to be trying to wrongfoot the majority for a reason, so I am trying to stay focused on a strong move up to pick up the big shorts in the 1.2700-1.2800 area. We shall see. Neat diagrams Luxuriant.

I hate see you go to Franosh. But if your not learning anything, it is time to move on. I said once I was done because of all the arguments. I post way to much, and trying to work on that.

Anyway I closed my short when the move up started. My chart tells me a flat, when the moved finished. Went short just below the long wick that poked up over 1.26. Moved my stop to break even. Saw where the lunar forum believed the GBP low was in, so I also went short GBP to scalp some pips. All the so called experts are patting themselves on the back, and so called newbies are talking another big move up. Seems to me forum sentiment has changed.

Just trying to trade the chart. I can always reverse long.

Peace, and good luck to all.

[biggari]

I hate see you go to Franosh. But if your not learning anything, it is time to move on. I said once I was done because of all the arguments. I post way to much, and trying to work on that.

Anyway I closed my short when the move up started. My chart tells me a flat, when the moved finished. Went short just below the long wick that poked up over 1.26. Moved my stop to break even. Saw where the lunar forum believed the GBP low was in, so I also went short GBP to scalp some pips. All the so called experts are patting themselves on the back, and so called newbies are talking another big move up. Seems to me forum sentiment has changed.

Just trying to trade the chart. I can always reverse long.

Peace, and good luck to all.

your post seems to indicate you are bitter about something - although i could very well have read it wrong

i believe traders who went long are pleased about the increase to their accounts and anyone who went short are not. i'd be surprised if people are trading in order to get their backs patted - i thought we did it for the money

i think trading the charts is generally what most of us are trying to do - and there are of course many many different ways to do this - nobody is right all the time as - in my opinion - its a numbers game - using probabilities probabilities to hopefully gain the edge - not certainties

peace and good luck to you too