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Posts by "daveo"

8683 Posts Total by "daveo":
8171 Posts by member
DaveO
(N.Cornwall, United Kingdom)
512 Posts by Anonymous "daveo":
DaveO
UK
Posted Anonymously
14 years ago
Nov 23, 2010 12:31
Cloe, I use one called newsprofiteer currency meter which feeds off the MT4 platform. Its real time but rather high on cpu useage so I only open it for selecting a pair for intra day news trading. The vendor is a charlatan and cribs everything from others so I have no idea who designed the meter originally. Its free issue if you sign up but I suggest you then quickly unsign unless you like your inbox filled with crap every day :-) Personally I wouldn't want to be without it for shorter term plays where the higher timeframe strenths/weaknesses are somewhat irrelevent. All depends on what timeframe we are playing.
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Nov 23, 2010 0:01
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Nov 22, 2010 20:58
Ashraf Laidi
London, UK


November 11, 2010 21:31 ET Ghazy, Unofortunately, the book is not translated into any other language but there are projects to do so into several languages, including Arabic.

Thanks

Ashraf

DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Nov 22, 2010 14:58
In Thread: EUR
Rose, I am intrigued to know what triggered your short on EU. Was it the failure to clear a break of the 38.2% ret of the swing down from 4th Nov high ?
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Nov 21, 2010 23:55
Anonymous, are you seeking attention ?
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Nov 19, 2010 17:42
In Thread: GBP
gbpusd 60 min sat on trend line support @5932
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Nov 19, 2010 15:08
In Thread: GBP
LOL Dodger, lets take one event at a time :-)

Subway, gbpusd kissed your trend line resistance a treat and fell out of bed. Aint it marvellous how the techs work.

DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Nov 19, 2010 14:51
In Thread: EUR
I agree a high probability of NRD for the rest of today.
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Nov 19, 2010 1:22
In Thread: GBP
Should gbpusd decide to reverse back south almost immediately my next significant target would be 127.2% symmetry extension at 5740. A reaction at the 50% ret level would be probable @ 5797. I tend not to think too far ahead but below 5740 we have a 61.8% level at 5680. My work focuses on patterns created.
DaveO
UK
Posted Anonymously
14 years ago
Nov 19, 2010 1:06
In Thread: GBP
Chloe I did 3 trades on the gbpusd 3 wave move down from the 6300 high. 2 shorts and one long. The last short I exited at my 100% symmetry target which also coincided with a titch below the 55MA for 98 pip move. I reversed long but lost confidence in what I read to be a potential wave 4 correction up so exited far too early and missed the great move up today. Mind you I was grappling with a graphics card prob and ordering a new pair of nvidia quads.

Right now the pair on daily chart has potentially a classical 3 wave ABC corrective with perfect textbook symmetry at the 5836 low. For me a move above the 6183 pivot high would likely lead to new highs. The eurusd pair has very unhelpful pattern from my perspective so I am currently more interested in the eurgbp. Let's see what guidance Ashraf has to offer us for an added fundamental bias :-) and gt to you chloe.