Posts by "daveo"

daily -- 1hr top down. I see 1.3450 a completed corrective labelled W.B. W.C down now in progress with W.1 of C finished at 3104 and W.2 of C up near completion, ideal target the 50% ret level already kissed (1.3277) but maybe we see the 61.8% level at c.1.3318. W.2's can be deep.

you have our cat locked away in your flat ?

Looks like my bad call on gold ! On 1hr may have been abc of A and C now in progress

I see important confluence of resistance at 1486 level. Looking at the 1hr you see nice ABC corrective pattern to 1357.67, actual made 1358.80 futures.

no high conviction but from the 1hr 28th Aug high to 105.50 low looks like 5 waves--W.A? Then ABC up to symmetry at 110.13 (actual 110.70)---W.B? W.C down would have projection to 104. If I am wrong further upside from here to test 115.

My inverted H&S on the daily worked well for long trade up to 111.85 target (actual was 112.24) Its all been a messy overlappy move up. gl.

Gold is more interesting.

good tradin skipper! Have a great weekend.

Am still anticipating c.1.3067 to complete this first series down. Today low hit the 50% level from the 2754 low so this wave 1 down may be completed. Above 1.3222 will invalidate the 3067 downside target and see a ret back to c.1.3277 before the next series down. On the daily chart we have 61.8% at 1.3020 should the 3067 not hold.