hi all, firstly, thanks for all the info posted today, Infinitus. I will be reading and checking the links. Here's a great pic I found during my Saturday meanderings: image

The Club!

I second Pablo on the RSI/MACD combo. In the absence of centralized volume in forex, we have to use resources such as PA(!), CoT and the fundamentals->sentment (with sentiment being the determinant) to forecast direction and duration. RSI is a core ...

The Club!

Gold wave progress update based on the subwave B fulcrum just completed and the size of the prior A wave it seems wave C might target 1355 (as opposed to the closer 1337)

Sultans of Swing

hi eurusdthb, any ideas for downside alternative scenario?

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Ramses, i have the same count. Although the internals of 1-2-3 down are strange, they repeat fractally at smaller TFs, so i decided to just leave them like that.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

too bad. back up and try it again! btw - i've settled on the USDSGD as my Dollar short instrument of choice. So far so good and a clear chart to work with!

Sultans of Swing

morning my friend. I guess that decline to around 67 in the DXY could happen slowly over a year or it could happen in a few weeks! In my bearish view of the current macro situation, I expect that an exogenous event (or simply a collective turn in ...

Sultans of Swing

ElliottwaveReboot outlook for the King of Cash: url

Sultans of Swing

hi neuron! welcome back. best wishes for your new job: hope the trades come easy to you!

EurAnalysis

Good DXY analysis at ElliottwaveReboot: url

EurAnalysis

Gold: Count Update Gold PA did turn just above 1300 as anticipated but only got halfway to target at 1337. I've updated my wave count as well as the TLs defining the current wave down from the Aug high. The updated count does not change much but it ...

Sultans of Swing

who knows what's going on with Gold... PA is all rickety and shaky, retracing itself 3 and 4 times over, creeping up inch by painful inch. Perhaps there's a worn-out network cable connecting the outside world with the CME price feed... Don't think ...

Sultans of Swing

uh-oh, this Gold wave pointing down looks dangerous. It may stop around 1300 and then head up, but take care...

Sultans of Swing

just to clarify: I say in my previous post that yesterday's wave up should be retraced 50%-62% and then later i say PA should consolidate in a B wave around 1312 before thrusting to 1337. I think the latter is more likely and deeper retracement will ...

Sultans of Swing

OK, I post a Gold chart because I think the current PA is critical. I see Gold as swinging in a triangle that keeps changing in unexpected twists and turns but the outside extremities are defined with the solid TLs. As strange as the downside action ...

Sultans of Swing

I'll post at Sultans of Swing, ok?

EurAnalysis

Oh, and in addition to the fractal "mojo-analysis" I see RSI and MACD are giving reverse divergence signals, strengthening the case for another EJ and UJ low - the presence of regular divergence reinforces this as a definite maybe

EurAnalysis

hi DHT, Yes, your reasoning is good. I would go with the confirmation of waiting for EJ to close and re-open above that red TL as well as taking supply breach into reckoning (if you want to be super-careful). From just a pattern/fractal prespective ...

EurAnalysis

So do I actually. EJ reversed smack bang on the apex level of the triangle TL, after completing what looks like an expanding triangle down... going up with the Yen pairs has the advantage of BoJ being your friend, but lord! the EU looks ripe for ...

EurAnalysis

thanks PT! Enjoy your vacation.

EurAnalysis