Stopped also for no pain or gain. Still watching for signs of support - maybe european open will clarify. Should also allow a bit of leeway as its a daily chart I'm using
Xerof
Printable View
Stopped also for no pain or gain. Still watching for signs of support - maybe european open will clarify. Should also allow a bit of leeway as its a daily chart I'm using
Xerof
I got this idea when I found one of Mrs Arco's old red and green harlequin jumpers in the attic. Amazingly it seems to work ;)
http://www.khalsaspad.com/files/101205-wgrid_977.gif
Weekly Chart
Hopefully the red-green grid will give a clue to the next reversal point. Action should use the lines as support or resistance. I'll be looking around 1.7090 if the recent pivot low breaks.
arco
Thats a Gann Mesh, isn't it?
Yes, I agree it certainly looks like a Darn Mess.
And.......its actually called an 'Arco Net' and is used for catching stray candles, or trapping unwary Butterflies ;)
But for my latest trick - feast your eyes on this huge Madonna.............
http://www.khalsaspad.com/files/101205-w_164.gif
Weekly Chart
Its the Butterfly scenario if the recent pivot low breaks. In such a case I expect the action to move into the red and maybe towards the top portion of the blue box.
Now, heres Mrs Arco with mi curry - 'bout time.
Hi All
I intended to post this GBP chart yesterday and unfortunately ran out of time.
A nice Wolfe Wave setup was showing on the 1 hr, and this has given over 200 pips in the last 24 hours. [8D]
arco
http://www.khalsaspad.com/files/101605c_179.gif
Here's the updated WW chart short term trade giving a maximum of 309 pips in under 48hrs.
arco
http://www.khalsaspad.com/files/101905aww_164.gif
No-one turned up to bat :(:(, but sold at 17721 last night. I reckon this one is ready to tank - anyone agree?
http://img432.imageshack.us/img432/2491/gbpusd9pv.png
Xerof
Hi Xerof
Mmm....There is a completed Gartley on the daily, but of course Gartleys are prone to continue on to become Butterflies. So thats not yet conclusive. Oscillator is still above zero and on a rising slope.
Waiting in the wings.
arco
Pigs might just fly, of course...........
http://www.khalsaspad.com/files/102505_942.gif
A shady pair of Madonna's there Arco :D:D
Noted re mutation possibilities - hoping Gartley comes through tho[^][^]
Does the Law of Alternation apply to G's and B's? I have the last decent formation on my daily as a B
Ever hopeful Xerof
http://img471.imageshack.us/img471/2073/pig8xb.jpg
cut for 61 pips
Go Cable!!!
http://www.gifs.net/animate/man2.gif
Have a good evening Arco :D:D
Evening Xerof
Trust you are still not short?
GPB Flying north as expected and still winging its way higher - circa 130 pips in the last 5 hours.
Re "Does the Law of Alternation apply to G's and B's?"
I have not found that to be the case.
arco
No - not short - see edit of my 5.17pm post - was hearing UK clearers were 'reaching' for a couple of billion for the Saudi's. Didn't get it in the 30's, but 61 pips in the flying piggy bank. :)
Very nice call Arco - well done
BTW, been poring over the USD.CAD charts and happened to look at the weekly - there it was, a bullish engulfing candle 2 weeks ago...first one since March.... and methinks a close above circa 1.1900 this month, will yield a BEC on the monthly as well[8D][8D]
eva so 'umble - Xerof
Morning All
Nice run overnight giving circa 230 pipsso far.
Ain't too shabby, even for a seasoned Butterfly collector. :D
Good start to the week...........
arco
Fantastic effort Arco - hats off to you.
Quite a few changes to the landscape overnight - should be a heavy posting day...
Xerof