Wazua
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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Wave [v] has slightly gone out of the channel. This is called a throw-over. 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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Seems like a FLAT is forming. Flats subdivide 3-3-5. We have the first three making the wave 'A'. Wave 'B' should deep below 1.3764 (It has just done that). After wave 'B' is Wave 'C' to our target at 1.3845.   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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BUY Limit order at 1.3760 SL 1.3747 TP 1.3800. If this works out well it means Wave C = Wave A X 2.618. It appears 1.3845 is too far presently. Unless a different pattern (other than a FLAT) is forming. Regards. 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've cancelled my earlier order. Pattern appears to be an expanding triangle.  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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Waves A, B and C of the expanding triangle scenario. We wait for waves D and E. Here Wave C = 1.618 X wave A.  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: New-farer Joined: 11/17/2013 Posts: 80 Location: Juja
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BUY EURUSD at 1.3775 On a long enough timeline, the life expectancy of everyone drops to zero.
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Rank: New-farer Joined: 11/17/2013 Posts: 80 Location: Juja
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Buy the yen crosses. Its almost Japanese financial year end. USDJPY has always rallied tonnes of pips towards then. Just dont get caught by the whipsaws On a long enough timeline, the life expectancy of everyone drops to zero.
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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Triangle no longer valid.  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:Triangle no longer valid. The FLAT scenario appears to have been correct. Short trade at 1.3785 SL 1.3791 TP Open. The channel appears quite steep at this point. 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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The count so far. Expect a sideways choppy movement for sometime as wave (4) consolidates.  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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Wazua
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