Starting it off.
Al
RA
rat89
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gld not following the miners down for the expected .382 - .50 pullback....miners at .618.....what is it telling us?
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RA
rat89
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MA
MarcinO
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Pound (6B H18) was excellent today.
After dropping to 1.3870 a 140 pips reaction and doesn't look too much tired to continue overnight.
1.4070 can be hit tomorrow around European open. The next major level is just above 1.42.
After dropping to 1.3870 a 140 pips reaction and doesn't look too much tired to continue overnight.
1.4070 can be hit tomorrow around European open. The next major level is just above 1.42.
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MA
MarcinO
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Posts: 5,506
Then:
Now (I removed Modified Schiff, as it didn't work as timing factor here at all):
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Now (I removed Modified Schiff, as it didn't work as timing factor here at all):
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DU
Duane
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Posts: 1,095
Nice Charts fellas !! I noticed that I could not get a fork on the GBPUSD either, so I took the EURUSD instead.
Oil
EURJPY Closing in on target
Surprised XAU has not reacted more considering the move in stocks.
AUDUSD. I missed this one, expected a bit more of a ret. No real pattern , except for on the H4 slightly higher high and then to the 2.618. I was hoping for a move lower.
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Oil
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EURJPY Closing in on target
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Surprised XAU has not reacted more considering the move in stocks.
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AUDUSD. I missed this one, expected a bit more of a ret. No real pattern , except for on the H4 slightly higher high and then to the 2.618. I was hoping for a move lower.
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RA
rat89
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the potential end of wave 2, near gld .382, gdx .786, and nem .618?
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MA
MarcinO
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Posts: 5,506
Lot's of charts since yesterday. Great!
Cable is a hard call now. 1.3870 has not been violated after excellent initial reaction, but the layout is still bearish.
Anyway, my most preferable scenario is that it will make it to form an ABCD to 1.4025 (all prices for 6B H18), more or less, tomorrow before interest rate decision, then make a deep decline without violating supposed point A (low for the move in the chart) to move to the upside, eventually. We will see.
Cable is a hard call now. 1.3870 has not been violated after excellent initial reaction, but the layout is still bearish.
Anyway, my most preferable scenario is that it will make it to form an ABCD to 1.4025 (all prices for 6B H18), more or less, tomorrow before interest rate decision, then make a deep decline without violating supposed point A (low for the move in the chart) to move to the upside, eventually. We will see.
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RA
rat89
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gdx 60 - while gld has been coiling in the .382 - .50 retrace range, gdx retraced all of what I'm keeping as wave 1 up, In fact, after stalling at .886 at 24.86, it has gone line to line, almost reaching where 21.10 - 24.86 = 1.128 at 20.62. Symmetry, as 1.128 is the inverse of .886
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