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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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 $JPY should also rise from current levels of 101.60s. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Elder Joined: 9/23/2010 Posts: 2,225 Location: Sundowner,Amboseli
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mnandii wrote:Also long EUR$. 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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