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DaveO
(N.Cornwall, United Kingdom)
512 Posts by Anonymous "daveo":
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DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Nov 8, 2013 17:44
In Thread: GBP
In reply to Ashraf Laidi's post
The star of a motley bunch after today GU decline and GJ struggling.
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Nov 8, 2013 17:27
In Thread: EUR
In reply to Sir Ignore's post
I know how you feel skipper, its frustrating action all round.
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Nov 8, 2013 16:06
In Thread: EUR
In reply to Qingyu's post
yes, looks like GU topped slightly shy of the 61.8% level. Alternatively that was only the A wave with 3wave B in progress
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Nov 8, 2013 12:29
In Thread: Ashraf's Book: Currency Trading and Intermarket Analysis
In reply to Qingyu's post
They might become very unpopular selling on our email addresses, not a good business model imo. More likely they will target us in our twitter streams but need to be careful to control the balance. I don't suppose the 4 founders care much about the future having made their money now. Good luck to them I say, clever guys !
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Nov 8, 2013 12:12
In Thread: EUR
http://www.ft.com/cms/s/0/7d380726-4840-11e3-a3ef-00144feabdc0.html?siteedition=uk#axzz2k3RY8StP

Bad news for France. Monsieur Hollande is ruining that beautiful country. I shan't be tempted into another rant about M.Hollande's policies, suffice to say its very sad to witness.
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Nov 7, 2013 21:37
In Thread: EUR
from reading twitter it looks like Ashraf was long EU but mentioned the MA confluence as support, says he was stopped out.
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Nov 7, 2013 18:48
In Thread: EUR
In reply to Qingyu's post
many of our "beliefs" are formed from childhood experiences and remain rigid in the belief system for the rest of our lives, unless we re-appraise to sort the good from the bad and "De-energise" the bad. Can effect trading something wicked. One of the worst examples for trading is to feel a failure, maybe a domineering father crushed the spirit at an early age. Trading is an incredibly psychological challenge--the dog example is perfect. Dogs were either great fun to play with or a dangerous threat. This belief can stay with us for the rest of our lives from a good or bad experience at age 3.

I agree about the little Jack Russell terrier ankle biters, kick the bastads :-) Their moms always taught them they were big dogs:-)
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Nov 7, 2013 18:29
In Thread: EUR
news spikes can mess my work :-)
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Nov 7, 2013 18:28
In Thread: EUR
In reply to DaveO's post
btw, credit to Ashraf for calling EU to confluence of 100DMA and 200WMA, more accurate than my projection.
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Nov 7, 2013 18:23
In Thread: EUR
In reply to Sir Ignore's post
If the 1.3295 low holds for Wave 1 down completed---EU should now work its way up in a corrective pattern to 1.3560 to 1.3626 zone (50% to 61.8%). The lower level being tunnel territory in the vicinity of the Wave 4 high pivot at 1.3546 minimum requmnt. That would complete Wave 2 up with impulsive Wave 3 down to follow to much lower levels. Hopefully the corrective will be a simple 3 wave zig zag. Is the Wave 1 low in ? !!!
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