and then proceeded to be somewhat bullish as the wedge suggested [?] no complaints here tho. just forex keeping me humble heheh.
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and then proceeded to be somewhat bullish as the wedge suggested [?] no complaints here tho. just forex keeping me humble heheh.
the hourly keeps bouncing off the cloud tonite
Re Posted - 28/11/2006
OK that was definately yer Xmas prezzy for this year....at least +250 pips anyway.
Please send Johnny Walker to the usual address ;)
arco
Thanks Arco will be sending Johnny over shortly with
cash box in hand for purchase of THE Book and the balance into the Arco Hedge Fund::D
:D
Thanks in advance
Cadet Roddy
http://img204.imageshack.us/img204/7...name105po4.jpg
could we see a pull back in this pair?
http://img185.imageshack.us/img185/5...name106se5.jpg
cheers cadet
Hi Roddy
Yes quite possible in the near future.
I have 2 Butterflies on my chart and they are more proportioned. Have another look you will see what I mean.
regards - arco
Hi Arco,
heres one, i havent spotted the other one yet, can you tell me where X is for the second
http://img155.imageshack.us/img155/6...name107km1.jpg
Hi Roddy
Yes, that new chart is the larger overall BF, and the other one which gave a nice short was 17/10 to 21/11, but you can also get a slightly mishapen one from 21/11 to current. It ties in nicely with the large BF to give double the reversal power (eventually) IMO.
regards - arco
crab meat anybody,
roddy
http://img507.imageshack.us/img507/4498/cadnc1.jpg
I posted this on another forum last night Roddy
Auckland peat 10:56 GMT June 13, 2007
the low of USD/CAD at 1.0548 was (within 10 pips) of the perfect 423% fib extn of 1.1875 to 1.1564.
It bounced a bit at the 261.8.% ext at 1.1061 , but having passed on through that without retracing sufficiently imo it vastly increases the chances it should go back there and retest. i.e retrace 38% of this entire move from 1.1875 - 1.0548