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- lascavel replied Apr 15, 2010
Just to close of my post on EG previously ref : url EG have hit both the TPs as stated in my previous post. Price slightly exceeded the TP2 & stop right at critical round number of 0.87500. Price have since risen slightly to after seeing stopping ...
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- lascavel replied Apr 15, 2010
Good question. General information on fibo tends to only talk about the 38 50 & 61% retracement levels, very rarely the 76%. Of cause is hard to pin exactly where it will retrace to & to what condition can we apply it on. But in most case, for ...
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- lascavel replied Apr 15, 2010
My last update for hits week Here is the updated 1hour chart just to add to the previous post. A top reversal as expected. image Price could now drop back down to 76% retracement of CD image Cheers!
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- lascavel replied Apr 15, 2010
Not sure if i understood your question but with regards to background, is not weak. Therefore u should note be deluded my the downbars with increase vol (pickup of strengths after u have seen stopping action). Anyway i have updated my chart on ...
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- lascavel replied Apr 15, 2010
continue from my post GU ref: url GU have retracement to (exceed) the 76% retracement levels TP of swing BC as mentioned in my previous post now seeing selling pressure at this level as expected. 15min chart showing early signs of weakness now ...
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- lascavel replied Apr 15, 2010
Previous bar to the ND is a variation of stopping vol,The ND bar u see is not really a ND, after a strong down move like this, suckers who got suck in would have already be overdone, so is more like "suckers refrain". Even if u lean on the side of ...
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- lascavel replied Apr 15, 2010
continue from my previous post ref: url GU drop the the said level of close to 76% retracement levels as expected as mentioned in my previous post & seen some pick up of strength. image Any upbars with increase in vol could force price up to the ...
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- lascavel replied Apr 15, 2010
If you see strong volumes on upbars it should head up to retracement of up to or more then 61.8% level of the recent swing. I will post my chart shortly to share... Cheers!
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- lascavel replied Apr 15, 2010
continue from my previous post ref: url GU did not hit the todays projected target but rather the TP projected for previous day post where price reach just above 1.5500 & reverse with a massive supply release. Some hint of supply was present at the ...
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- lascavel replied Apr 14, 2010
VSA on EG — I also been following EG (when i do GU) but i did not share the chart previously but for those who are interested or may find it useful. EDIT: chart updated sorry. image EDIT: Here are the TPs, estimates within ADR image
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- lascavel replied Apr 14, 2010
Sorry i miss your post.. You are mostly correct. I will not explain to death about all this rules but let's just keep it simple. Keep an eye on those dropbars with increase volume follow by retraction, subtle or not. (tip, best way to train your ...
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- lascavel replied Apr 14, 2010
Simply put the answers is yes to the 3 question. Do also take note of pickup of strengths after test, lower timeframe (15 or 5) may give you an earlier signs of these because sometimes they are hidden. EDIT: Just to add to the point on the use of ...
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- lascavel replied Apr 14, 2010
Gooday, & hope all is well with chuck & fast recovery. Continue my GU post from ref: url GU merely reach the TP1 level as indicated (in the previous post) & some profit taking ensues, GU is in a more contemplative phase there after with appearance ...
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- lascavel replied Apr 14, 2010
continue my GU post from ref: url GU headed north after a test which negate previous signs of weakness. In this case the importance of waiting for a test with all the strengths in the background & focusing on these key elements is essential. ...
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- lascavel replied Apr 14, 2010
continue with my previous EURUSD post ref: url Too busy today to make timely updates... As mentioned in my previous post, EU did retrace further with a ABC type correction, just below 50% retracement level at which it starts pickup up strengths ...
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- lascavel replied Apr 14, 2010
quik update on GU continue from previous post ref: url busyy day for me today. Anyway here goes FOMC day & it makes for a very volatile day for most majors. There are alot of activities in resistance levels with pushing & pulling of supply & ...
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- lascavel replied Apr 14, 2010
continue with my previous EURUSD post ref: url EU have seen some accumulation yesterday & more so in NY session, the upmove ensues & price broke yesterday's high. Price have since retracement just above 50% retracement level & seeing some more ...
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- lascavel replied Apr 14, 2010
You are welcome, VSA by itself is not an easy technique to master, that is why one have to understand "price structure" & best way is to have some tools like fibo, SR, pattern analysis..coz most of this critical levels are monitor by the BIGFISH & ...
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- lascavel replied Apr 14, 2010
update on GU contiue from my previous post ref: url GU have retrace as expected to below 50% level & have met with some strong demand (& supply) whipping widely. Expect some sideways movement & hopeful further shakeout or pickups on reasonable ...
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- lascavel replied Apr 14, 2010
Just a quik term to refer to increase of volume on downbars after some signs of strengths or support have already taken place. So if if there is still demand, you will see addition buyers entering thus "picking up" the momentum or simply put, "point ...
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