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Alorente replied Jul 12, 2024Do you still think Gold is going to 2425?
New Cable Thread & Other Pairs
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Alorente replied Jul 12, 2024Iīm looking at the 38.2% retracement at 2395.90. It probably will go lower but gold likes the 38.2 retracements.
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Alorente replied Jul 10, 2024If this does happen, it could look somewhat like this.
New Cable Thread & Other Pairs
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Alorente replied Jul 10, 2024I am looking for a quick AB=CD to the red trendline (1.06), possibly in the next few days. It could be caused by a high inflation read tomorrow. Weīll see...
New Cable Thread & Other Pairs
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Alorente replied Jul 5, 2024Hi Birdland. You mentioned this thread in the New Cable thread today. I intend to read all 800+ pages but I would appreciate it greatly if you direct me to an approximate post or year where the final (current) conditions are explained. I thank you ...
CHOROS System
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Alorente replied Jul 5, 2024Are they EMAīs ? My technique is very similar using the 20 EMA and the 49 LWMA. It works great.
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Alorente replied Jun 28, 2024I have EurUsd around 1.0450 by the middle of July. The third fan line has been broken on both DXY and EU. Lower is the way now... There could be an unlikely spike but the main road leads south for EU. Attached is the weekly DXY chart with a 110 ...
New Cable Thread & Other Pairs
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Alorente replied Jun 27, 2024And the scary election is on Sunday. It probably will be dumped by the close tomorrow. There is serious danger of a gap open on Monday.
New Cable Thread & Other Pairs
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Alorente replied Jun 27, 2024That is precisely why I will not touch a Sell Yen trade at these levels. Buy Yen trades , no problem...
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Alorente replied Jun 27, 2024I closed too, days before... but several friends of mine are still licking their woumds. Sorry, I thought you were long EJ... My mistake,.
New Cable Thread & Other Pairs
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Alorente replied Jun 27, 2024Do the stops work with a sudden huge drop? I remember years ago when the Swiss Central bank delinked the Swiss Franc to the Euro, many people with stops in place got wiped out. The brokers said there were no bids, etc... Again, I am just asking... ...
New Cable Thread & Other Pairs
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Alorente replied Jun 27, 2024In long positions with Yen pairs like EJ, arenīt you concerned that they could intervene at any time and you can get killed in a big drop? Just asking...
New Cable Thread & Other Pairs
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Alorente replied Jun 25, 2024And with no news tomorrow, it is the perfect time for EU and GU to make up some ground before the next fall. Your Butterfly target seems just about right.
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Alorente replied Jun 25, 2024That shoulder looks more or less at the level of the other one considering the neckline slants downward. It is still valid in my view.
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Alorente replied Jun 25, 2024I see the bounce to 1.0725 to 30 but your target would be a big surprise for me.
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Alorente replied Jun 25, 2024I know the feeling... I canīt get myself to Buy this piece of s...
New Cable Thread & Other Pairs
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Alorente replied Jun 25, 2024I sold at 1.0727 up to 1.0740 and closed at weekly pivot (1.0708). Now it is higher but I am not in... Will wait for the bounce to end and short again.
New Cable Thread & Other Pairs