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MarcinO
Rep: 67
Posts: 5,506
It's a bit premature to draw such a deep ABCD for the Aussie, but just in case...

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6a 2014 07 20 png
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jimkane
Rep: 3,058
Posts: 33,089
A down (slightly) Sunday open? Unheard of!
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jimkane
Rep: 3,058
Posts: 33,089
And it has the look like it's going to sell pretty good. This is going to be interesting, since all I can imagine out of them is 'up'.
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jimkane
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Posts: 33,089
Okay, so was that the buyable dip? The way in?
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jimkane
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For those new to the forum (there are a few new people in here), this thing is way up off the last area, 'up against it', and in no place to initiate new longs via the standard approach of the methodology. I'm only pointing this out because highly skilled 'scapers' might play such a shallow dip on a Sunday open, if they thought the big boys would gun for the all-time highs in here.
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jimkane
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Posts: 33,089
Is it finally time?
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jimkane
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Zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz.
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MarcinO
Rep: 67
Posts: 5,506
An update for the Aussie.

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6a 2014 07 21 png
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rat89
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Posts: 7,015
.886 at the low last week, sent it up to a bear abcd at double .886 Friday

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screen shot 2014 07 21 at 8 11 03 am png

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screen shot 2014 07 21 at 8 16 32 am png

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screen shot 2014 07 21 at 8 11 28 am png

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screen shot 2014 07 21 at 8 13 19 am png
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MarcinO
Rep: 67
Posts: 5,506
Hi, rat

Nice charts.

W2 in the Euro?


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6e 2014 07 21 png
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MarcinO
Rep: 67
Posts: 5,506
ABCD

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es 2014 07 21 png
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jimkane
Rep: 3,058
Posts: 33,089
It looks like nothing but chaotic chop, but in my opinion, it's not. I think they have programs they set to run that just do these manipulation patterns, because they know the reactions they will create, and they just run and take all the suckers money, time after time. It's not just the dips they create, it's how they look when they happen, how fast the move is, how it will affect sucker traders, where they happen, and so on. The way they happen right at key obvious lines, though, makes me wonder if they aren't human directed. If not, the programs are far, far 'smarter' than I would even think possible, they would have to be so 'smart' that it actual would scare me. The ability to differentiate which lines suckers would watch, and then adjust the program games around that, holy cow... Frightening.