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Posts by "daveo"

8684 Posts Total by "daveo":
8172 Posts by member
DaveO
(N.Cornwall, United Kingdom)
512 Posts by Anonymous "daveo":
DaveO
UK
Posted Anonymously
7 years ago
Dec 15, 2012 0:21
In Thread: EUR
Very well done @skipper. I always watch yer trades, u know that. Our methodologies are very different. Neither of us will expect to convert old sea dogs. I guess I am anything but simple, beyond redemption :-)

Now WTF are cat and ash talkin bout. Too late to fathom after a hard day's shoppin :-(
DaveO
UK
Posted Anonymously
7 years ago
Dec 14, 2012 1:23
I gave up on H&S idea in september. Its not an attractive example of symmetry and became too protracted imo.
DaveO
UK
Posted Anonymously
7 years ago
Dec 10, 2012 20:24
In Thread: EUR
Yeah, FXDD opened a Malta office offering highish leverage to non US citizens. I started a demo account to check them out but never funded it. I thought their Malta office might be contra NFA regulations.
DaveO
UK
Posted Anonymously
7 years ago
Dec 10, 2012 18:39
In Thread: EUR
wicked digi --wicked, more to it than meets the eye ?
DaveO
UK
Posted Anonymously
7 years ago
Dec 7, 2012 1:54
Phew !
DaveO
UK
Posted Anonymously
7 years ago
Dec 4, 2012 14:19
Feb Brent looking rather negative. I am inclined bearish also on CL.
DaveO
UK
Posted Anonymously
7 years ago
Dec 3, 2012 12:32
In Thread: EUR
I think one could pose several counts for monthly and weekly, none of which could be considered the primary high probability outcome. Referring to monthly I favour the ABC 3-3-5 corrective scenario with A completed at June 2010 low, B completed at May 2011 high and C still in progress. The C is a nightmare to analyse on smaller timeframes but a minimum symmetry target would come in at 1.0775 and possibly extend to 0.9640 which would be more attractive to test the parity level along the way.

Its possible the C leg down starting from the May 2011 high has only completed 1:C down with 2:C now in progress. This count would increase the possibility for an ending at the lower target level around parity to 0.9640.

This is a classic case of too many possible counts to be useful. We could all make a case for our particular fundamental bias and bend some of Elliott's rules to fit our bias. Elliott would say "I told you not to look at paired assets with my work".
DaveO
UK
Posted Anonymously
7 years ago
Nov 30, 2012 13:58
In Thread: GBP
The inverted H&S on GU made exact upside target.

I have been watching US treasuries rise this week contra to the risk on move in stocks and currencies
DaveO
UK
Posted Anonymously
7 years ago
Nov 29, 2012 15:18
Not much history for FB of course to make analysis. There is a large gap on my chart from the 26th July at 26.73 to 24.54 on the 27th July. This has now been filled today, as near as dammit. 38.2% ret is at 28.04 coinciding with 161.8% at 28.20. 50% level at 31.28 poses greater resistance coinciding with volume node from June/July.
DaveO
UK
Posted Anonymously
7 years ago
Nov 28, 2012 23:57
OK, that will be at the 161.8% level 13.26. Chart is marked. They are heavily borrowed to finance expansion for exporting--- $2.2bil of debt.