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Realities of Forex Investment
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hisah
#3521 Posted : Wednesday, September 14, 2016 8:24:46 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Caution GBP bulls... Nasty nosedive ahead!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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mnandii
#3522 Posted : Thursday, September 15, 2016 6:36:11 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304


SHORT GBPJPY with SL at 136.58 and target 500 pips. GDDAY.
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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mnandii
#3523 Posted : Thursday, September 15, 2016 6:52:45 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
If you follow forex then prepare for fireworks soon.
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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mnandii
#3524 Posted : Thursday, September 15, 2016 6:58:07 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304


GBPUSD is completing a triangle wave [e] of 4. The pair can be shorted as it rises with your SL at 1.3454, the end of wave [c]. A strong move down is in the offing which should give you at least 1000 pips. Enjoy!
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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hisah
#3525 Posted : Thursday, September 15, 2016 7:27:20 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
mnandii wrote:
If you follow forex then prepare for fireworks soon.

Currency Wars 3.0. Will £ strike first?
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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alutacontinua
#3526 Posted : Friday, September 16, 2016 11:08:55 PM
Rank: Member

Joined: 3/23/2011
Posts: 304
mnandii wrote:


SHORT GBPJPY with SL at 136.58 and target 500 pips. GDDAY.



hisah wrote:
Caution GBP bulls... Nasty nosedive ahead!



Brilliant calls @mnandii and @hisah....just brilliant Applause Applause Applause
You dont have to be great to START but you have to start to be GREAT!!!!!!!!
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mnandii
#3527 Posted : Saturday, September 17, 2016 10:28:44 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
alutacontinua wrote:
mnandii wrote:


SHORT GBPJPY with SL at 136.58 and target 500 pips. GDDAY.



hisah wrote:
Caution GBP bulls... Nasty nosedive ahead!



Brilliant calls @mnandii and @hisah....just brilliant Applause Applause Applause


smile



Expect a bottom at around 130.00 then a strong rebound. If you catch that then expect to get at least 3000 pips. Those who want to become millionaires can trade that one move only e.g if you trade 1 lot at 130.00 with SL at 129.00 then you are risking only about $1000 (i.e 100 pips) for a potential return of more than $30,000 (more than 3 million Kenya Shillings). Am really looking forward to that in the coming weeks.
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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mnandii
#3528 Posted : Saturday, September 17, 2016 10:37:10 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304


Also prepare to SHORT EURGBP at about 0.8630 -0.8690 (if it gets there) with your SL at 0.8722 (the RED line). This has a potential return of at least 800 pips to the downside. All the best.
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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mnandii
#3529 Posted : Monday, September 19, 2016 6:35:05 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
GBPUSD



Wave [d] of the triangle fourth wave is most likely complete. Expect a rise to about 1.3350 before the GREAT FALL.
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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mnandii
#3530 Posted : Monday, September 19, 2016 6:41:34 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
mnandii wrote:
GBPUSD



Wave [d] of the triangle fourth wave is most likely complete. Expect a rise to about 1.3350 before the GREAT FALL.


If, however, wave [b] at 1.2855 is penetrated, then we'll consider that the triangle ended at 1.3278 and our wave 5 downwards is in progress. Personally I am long 1.3037 with SL at 1.2988 and targeting 1.3350 level. The market will tell us which Elliott Wave count is correct. Either way we'll have good opportunities.
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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