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- rgitt05 replied Sep 6, 2009
Hey msniper, You are probably a super swing trader buy major dips to the 146.00 area.. Are you aware of the fundamentals or gold prices? EW is still in an uncertain position to call the end of a wave.. Good Luck
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 6, 2009
Look at my daily charts. I don't see any bullish bias on a downtrend charts.. Please show me your charts that will turn this back up to 163.00 In one year the market tested 163.00 THREE TIMES.. THREE times you are OUT.. The price action failed to ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 6, 2009
An article I read: Last month the Bank of England surprised the world when it announced it would expand its quantitative easing program. So after winding it down in July, they dusted off the printing press and cranked it back up in August! And ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 6, 2009
treasury bubble ready to burst.. Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 6, 2009
China is now a net SELLER of U.S. Treasury notes and bonds! — by Mike Larson We told you this was coming. Heck: A blind man could have seen it a mile away. For many months now, we've predicted that Washington's wild spending and borrowing ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 6, 2009
Excellent layout and explantion!!!
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 5, 2009
September Effect Could Push S&P 500 Lower, Japanese Yen Higher — Written by David Rodriguez, Quantitative Strategist The “September Effect” on the S&P 500 and broader risky assets has typically led stocks lower on the month, and a ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 4, 2009
Hey msniper, You are really starting to develop your skill with EW, but I believe a good week or maybe two good calls doesn't make you a pro yet at EW.. There are many newbies who are still in the dark about trading and with so many styles of ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 4, 2009
You need to use elliot upside down and you will have the counts and waves right.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 4, 2009
Do you want to put your voucher up for demotion if the bears win? You are falling in love with Elliot
? I hope you lock those pips as I always remind you.. What goes up will come down and I am talking about GJ with no thrust to keep it up...You ...Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 4, 2009
I know msniper and we always go the opposite way.. It is cool..He is still on a learning curve..I like to debate with his Elliot playout..
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 4, 2009
I don't think the Asian market give a DAM about elliot..Who wants to own the USD with all time unemployment..NO MONEY NO JOBS NO BIZ The yen will strengthen and bring the whole market down..London bridges falling down falling down falling down.. VSA ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 4, 2009
Since you have a UK account, than I would hedge to that area for opposite pips from the drawdown..Anyway, who the hell is Elliot? He doesn't control the market...The big boys control the market... Watch out for the BIG WAVE.. LOL
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 4, 2009
Trading volume was light ahead of the three-day Labor Day weekend. On the New York Stock Exchange, with advancers beating decliners nearly three to one on volume of 500 million shares. On the Nasdaq, winners topped losers two to one on volume of 940 ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 4, 2009
Here is my charts I posted three times.. My chart shows 140-141 area as a strong support Enjoy the drawdown if you still in bullish position.. Markup special!! This economy is real bad for all the outsider
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 4, 2009
Enjoy the MASSIVE drawdown.. It's Not WHAT You Think, It's what on the charts.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 4, 2009
It is not matter of being right or wrong but this price action explanation makes more sense that all those fancy indicators.. Plan your trade and trade your plan..Guessing which direction is like guessing how much to lose.. I have made many bad ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 4, 2009
Well said malcomb, I like to make money the easy way.. Too much subjective in counting waves and predicting direction...Economic 101 " Supply and Demand" Back to the Basics for the newbies..This VSA malcomb explaining is superior to anything I used ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 3, 2009
I haven't been to Disney in years and I live about 15mins away..
Auslanco - GBP/JPY and GBP/USD (newstrade)