Wazua
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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Internet wrote:Thanks for the EUR/USD tip....made a few pips I believe there is more to be made. Check chart below. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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Go long AUD$. SL at 0.9230. Minimum target is 0.9500 Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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Also long EUR$. SL 1.3330. Target 160 pips Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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$JPY should also rise from current levels of 101.60s. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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mnandii wrote:Also long EUR$. SL 1.3330. Target 160 pips Heavy support around this level. Those pips are long overdue @SufficientlyP
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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Sufficiently Philanga....thropic wrote:mnandii wrote:Also long EUR$. SL 1.3330. Target 160 pips Heavy support around this level. Those pips are long overdue Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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With the Elliott Wave Model you stay longer in the market. #gold Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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mnandii wrote:With the Elliott Wave Model you stay longer in the market. #gold Another run towards the resistance forest zone. I don't expect gold to go very far. Any hint of a Fed rate hike in Sept, gold will be sold hard as USD rallies. Actually FX will be very volatile if that move comes - margin call central. Trade carefully in Sept.
Still holding the EURUSD longs and today added short USDCHF @0.9078 to the weekly trades.
Yen is getting muscular. The warning shot was fired last month in the futures.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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hisah wrote:mnandii wrote:With the Elliott Wave Model you stay longer in the market. #gold Another run towards the resistance forest zone. I don't expect gold to go very far. Any hint of a Fed rate hike in Sept, gold will be sold hard as USD rallies. Actually FX will be very volatile if that move comes - margin call central. Trade carefully in Sept.
Still holding the EURUSD longs and today added short USDCHF @0.9078 to the weekly trades.
Yen is getting muscular. The warning shot was fired last month in the futures.
May volatility increase more. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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GBPJPY. Falling in a third wave. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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GBPJPY. You hold it till the market takes you out. 260 pips so far. Expecting more. Account double size now. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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GBP$. Should bottom at around 1.6750. Already showing divergence on 1 HR TF. Should make a remarkable rise going into next week. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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mnandii wrote:GBP$. Should bottom at around 1.6750. Already showing divergence on 1 HR TF. Should make a remarkable rise going into next week. As anticipated earlier, GBP$ is now attempting a rally from 1.6750 Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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Quote:Going to journalism school does nothing to prepare journalists to write on economics and finance, and not surprisingly, it is exceptionally difficult to find people who are both excellent writers and knowledgeable about economics. linkConventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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mnandii wrote:Go long AUD$. SL at 0.9230. Minimum target is 0.9500 80 pips since this signal. I think its ripe for a little correction before continuing up. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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Hong Kong Stocks and Beyond: Expect a Rally linkConventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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Will be charting US30 and silver over the weekend. And may be DAX or ITA40. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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mnandii wrote:mnandii wrote:Go long AUD$. SL at 0.9230. Minimum target is 0.9500 80 pips since this signal. I think its ripe for a little correction before continuing up. Right on the money! Cheers @Mnandii @SufficientlyP
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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Sufficiently Philanga....thropic wrote:mnandii wrote:mnandii wrote:Go long AUD$. SL at 0.9230. Minimum target is 0.9500 80 pips since this signal. I think its ripe for a little correction before continuing up. Right on the money! Cheers @Mnandii I try. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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I am long gold with a SL at 1290. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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