Starting it off.
Al
MA
MarcinO
Rep: 67
Posts: 5,506
Remember me complaining about Cable not exceeding 60-70 pips most days recently?
Today, until European session close, which is now, it moved 37 pips....
This is a joke.
Today, until European session close, which is now, it moved 37 pips....
This is a joke.
RA
rat89
Rep: 0
Posts: 7,015
gdx 60 – the significance of the low is that it occurs right where 21.14 – 24.88 = .886 at 21.57. Price is in a 5 wave move down off 24.88. 5=.62*1 at 21.44, so it’s possible that’s all there is. However, do I see an indication that 5 would be a shortened wave? I’m not sure I do. 5=1 at 20.83, and 5=1.23*1 at 20.46, where D=B at 20.31. Meanwhile, 21.14 – 24.88 = 1.128 at 20.66 and 1.27 at 20.13. Ever interesting.




















