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Realities of Forex Investment
mnandii
#3191 Posted : Monday, July 06, 2015 1:11:10 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
TNT wrote:
mnandii wrote:
TNT wrote:
mnandii wrote:
hisah wrote:
mnandii wrote:
mnandii wrote:
SELL GOLD!


With SL at 1188.11. smile

@hisah? Still short gold? I smell a dive below $1000 quite soon.

Yes. Slow mo train derail. But once 1150 breaks down it'll be a steep slide! Will only add more positions on that break.

Crude bulls watch out. I gave a hint 4 weeks ago. Steep slide coming up!


Watch out for Gold. A powerful third wave below $1000 is in the cards.


@Mnadii: Could we be looking at wave b of an abc correction with wave c likely to take price to 1288 levels?


Possible. But it would make wave [ii] too big relative to wave [i]. Am assuming your labelling is similar to mine.



My labeling is somewhat different. What you have as [i] is the end of my motive wave down. Your point [ii] is my wave a correction up. My correction wave b is likely to terminate or extend beyond your point [i], creating a normal or expanded flat with point c of the correction (5-wave movement) terminating at the 1288 levels, which will be the end of wave 2 and the start of motive wave 3 down. I'll try and upload a chart later.


Pls do.
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.
TNT
#3192 Posted : Monday, July 06, 2015 1:33:18 PM
Rank: Member

Joined: 5/22/2009
Posts: 206
mnandii wrote:
TNT wrote:
mnandii wrote:
TNT wrote:
mnandii wrote:
hisah wrote:
mnandii wrote:
mnandii wrote:
SELL GOLD!


With SL at 1188.11. smile

@hisah? Still short gold? I smell a dive below $1000 quite soon.

Yes. Slow mo train derail. But once 1150 breaks down it'll be a steep slide! Will only add more positions on that break.

Crude bulls watch out. I gave a hint 4 weeks ago. Steep slide coming up!


Watch out for Gold. A powerful third wave below $1000 is in the cards.


@Mnadii: Could we be looking at wave b of an abc correction with wave c likely to take price to 1288 levels?


Possible. But it would make wave [ii] too big relative to wave [i]. Am assuming your labelling is similar to mine.



My labeling is somewhat different. What you have as [i] is the end of my motive wave down. Your point [ii] is my wave a correction up. My correction wave b is likely to terminate or extend beyond your point [i], creating a normal or expanded flat with point c of the correction (5-wave movement) terminating at the 1288 levels, which will be the end of wave 2 and the start of motive wave 3 down. I'll try and upload a chart later.


Pls do.

Chart
Here is my chart
mnandii
#3193 Posted : Tuesday, July 07, 2015 6:11:08 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
Maintain the SHORTS in Gold. Ts the third of a third we've been talking about... £/¬!"$£3%^&*()_++
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.
Sufficiently Philanga....thropic
#3194 Posted : Tuesday, July 07, 2015 9:32:21 PM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
hisah wrote:
The trouble with the euro



First posted by @Hisah exactly a year ago. Those who took heed are now +2400pips.
@SufficientlyP
Sufficiently Philanga....thropic
#3195 Posted : Wednesday, July 08, 2015 10:36:47 AM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
Sufficiently Philanga....thropic wrote:
hisah wrote:
The trouble with the euro



First posted by @Hisah exactly a year ago. Those who took heed are now +2400pips.

Drool
@SufficientlyP
TNT
#3196 Posted : Wednesday, July 08, 2015 4:32:43 PM
Rank: Member

Joined: 5/22/2009
Posts: 206
TNT wrote:
mnandii wrote:
TNT wrote:
mnandii wrote:
TNT wrote:
mnandii wrote:
hisah wrote:
mnandii wrote:
mnandii wrote:
SELL GOLD!


With SL at 1188.11. smile

@hisah? Still short gold? I smell a dive below $1000 quite soon.

Yes. Slow mo train derail. But once 1150 breaks down it'll be a steep slide! Will only add more positions on that break.

Crude bulls watch out. I gave a hint 4 weeks ago. Steep slide coming up!


Watch out for Gold. A powerful third wave below $1000 is in the cards.


@Mnadii: Could we be looking at wave b of an abc correction with wave c likely to take price to 1288 levels?


Possible. But it would make wave [ii] too big relative to wave [i]. Am assuming your labelling is similar to mine.



My labeling is somewhat different. What you have as [i] is the end of my motive wave down. Your point [ii] is my wave a correction up. My correction wave b is likely to terminate or extend beyond your point [i], creating a normal or expanded flat with point c of the correction (5-wave movement) terminating at the 1288 levels, which will be the end of wave 2 and the start of motive wave 3 down. I'll try and upload a chart later.


Pls do.

Chart
Here is my chart



So far, so good. It's almost as if I'm the one driving the market. smile
Ceinz
#3197 Posted : Monday, July 13, 2015 10:13:28 AM
Rank: Veteran

Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
Im short EU @ 1 lot, targeting 1.07's
“small step for man”
mnandii
#3198 Posted : Wednesday, July 15, 2015 4:10:35 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
It has been long in coming. But Gold is showing signs of dropping in a third wave as our wave analysis had predicted. ‪#‎patience‬
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.
mnandii
#3199 Posted : Wednesday, July 15, 2015 4:11:54 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
Ceinz wrote:
Im short EU @ 1 lot, targeting 1.07's


My wave count suggests that EU shld rise strongly soon. We'll see. smile
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.
Ceinz
#3200 Posted : Thursday, July 16, 2015 11:01:21 AM
Rank: Veteran

Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
mnandii wrote:
Ceinz wrote:
Im short EU @ 1 lot, targeting 1.07's


My wave count suggests that EU shld rise strongly soon. We'll see. smile


Thanks for the concern. Taking half of my position now 1.0895, still convinced that the down move is not completed.
“small step for man”
396 Pages«<318319320321322>»
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