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arco
17-03-2004, 11:26 AM
One of my systems has triggered a
possible short on the Chf.Jpy.
I would prefer to see dual confirmation,
however there is often a decent day trade
available from this signal.

Please note. My intention is not to offer any form of investment or trading advice whatsoever. The system I have detailed above could easily fail miserably at any point. If you choose to follow this system be aware that you do so entirely at your own risk and that I cannot be held responsible for any losses incurred.

arco
18-03-2004, 08:51 PM
Update.
Nice fall on this one so far since yesterday and has
been down as low as 83.85 from yesterdays open @ 85.08

In these situations IMO its always good to take 100 points
profit on 50% of the position and let the balance ride
with a trailing stop.

arco
25-03-2004, 10:35 AM
Update.
3rd signal triggered short overnight.

Continuing fall on this one and has been down as
low as 83.01 from inception @ 85.08 with close at 83.15

Pips total so far 193 with 100 already in the bag.

This is an area of possible support so conscious of that.

arco
26-03-2004, 11:39 AM
Pips total so far 226 with 100 already in the bag.
Trailing stop on 50% balance.

arco
06-04-2004, 12:18 PM
Pips total so far 461 with 100 already in the bag.
Trailing stop on 50% balance.

arco
14-04-2004, 01:16 PM
As mentioned 25/3
"This is an area of possible support so conscious of that"

Stopped out at the high of 6/4 @ 81.23 for 385 extra pips
on the 50% balance.
Total win +485.

arco
28-02-2005, 02:54 PM
Possibility of a fading in some shorts here
around 9062 using tight SL. Higher risk trade.

arco
03-03-2005, 11:38 AM
Nice move down since I mentioned on 28/3
giving + 145 pips at close

Possible minor resistance at 8906

Trailing stop.

peat
23-01-2007, 10:05 PM
@97.54 its broken out of its range also...
long from 97.29

dumbass
11-11-2007, 11:41 AM
this one shaping up for long

bat pattern in prz

bullish piercing pattern

possible entry on retest of support around 9973 if it gets there

divergence on q stick and just broke zero line

arco
12-11-2007, 09:58 AM
DB

My MS chart shows opposite to yours. (Maybe you are showing Jpy.Chf ???). The effect is similar - just need to remember which direction to trade in depending on your platform.

Anyway, heres what I have on my chart, - a potential short down to 94.50/95 perhaps. The EW count may be wrong as there are alternative counts to consider.

rgds - arco

arco
25-01-2008, 11:29 AM
The action reached a low of 95.14 in line with the green
box target shown in the chart posted 12th November and
gave around 350 pips for longer term holders.

I think CY could still be under the influence of the blue Gartley
and its possble the action is setting up now for perhaps circa
1000 pips fall once we get a turn near the upper triangle line.

The green Gartley is in control until then

GTA - arco

peat
25-01-2008, 12:14 PM
Thanks for that analysis arco
1000 down sounds good but if I read you right it also looks like my current stop 99.49 is within the green gartley and that upper resistance trend line.

Hmmm

Given the small size of my existing trade I could (without breaking money management rules ) consider raising the stop another hundred to allow the blue gartley to have a chance and then extend target to retain some sort of decent risk reward ratio. I'll think about this. Dont usually run with stops that large even for smallish trades.

arco
25-01-2008, 12:47 PM
Hi Peat

I expect the whole up leg will be a 3 wave affair, so there is room for a retrace (and some 'short' profits) before the final 3rd leg and reversal.

arco

peat
26-01-2008, 08:50 AM
I've just taken the overnite pips +77.

cheers chf.
will trade again. :cool:

arco
26-01-2008, 12:55 PM
Nice one Peat

Based on the chart pattern I also took a short later
in the day with a TP of 50......had a quick look at 6.30am
to find the profit already taken - so a nice result.

Good weekend all - arco

peat
31-01-2008, 08:43 PM
back to this one again - it performed technically well last time ...

a double - a 5 min gartley in yellow and a 30 minute one in purple entered short at 98.37 , stop at 98.82

i doubt I can get it right again tonite but gotta keep trying








r$2

peat
01-02-2008, 05:56 AM
a maximum of 50 pips was available last night none of which I have captured , however since then has done another gartley back up to break even territory so I still remain optimistic. 3 gartleys back to back how can it not fall ?

dumbass
01-02-2008, 09:52 AM
hi peat , heres dailies on chf jpy

i take it with a pinch of salt as its been pretty messy last few months and your trading much shorter time frames

theres a particularly ugly gartley in there , possibly completing d wave in a symm triangle

maybe advancing to 99 - 99.50

i m not sure if this is much help

peat
01-02-2008, 10:39 AM
thanks paul
yeh those are the levels arco mentioned in post #12 which I have reread (to my consternation) since initiating this trade.
Going with my own strategies for this (as you say) relatively short time frame trade - hoping yellow and purple can help blue take over from green! maybe that 50 up for grabs last night was all it will give and I've already missed my chance, we'll just have to see.

peat
02-02-2008, 12:06 AM
my dentist can have the profits on that trade :p
stopped

Noun1.consternation - fear resulting from the awareness of danger:eek:

dumbass
03-02-2008, 03:26 PM
just looking at this one a bit deeper , quite interesting as ive never really looked at it before

pretty ideal butterfly morphing on monthly

positive interest rate differential

swiss economy ticking along quite nicely

possible nice one to take a very long term long on

dumbass
12-03-2008, 09:34 PM
heading up into butterfly reversal zone

possible top in place hanging off for one push higher before initiating short

arco
12-03-2008, 09:55 PM
Hi DB

Yes, got that on the chart also.

The previous bullish Gartley from 22/1 is still playing out
the EW5 leg as it looks presently.

Awaiting a turnaround confirmation signal.

dumbass
27-03-2008, 07:43 AM
getting that final push higher

butterfly shaping up on hourlies

i will have a close look at 101 for a short

dumbass
29-03-2008, 10:00 AM
would appreciate any comments on this one

didnt truly test prz

HOWEVER printed bearish engulfing on daily

rsi divergence

101 has been a significant level multi year

trend line break on hourly + divergences

i m going to short with a tight stop at 100 80 but would feel a bit more confident if had taken out 101

arco
31-03-2008, 12:12 PM
DB

With 5 waves up from your 'e' it looks possible the Butterfly
may have ended on 7/3 giving an abc? retrace to 20/3 (618/786).


rgds - arco

arco
03-02-2009, 09:58 PM
.

2 Gartleys ? perhaps

.

arco
04-02-2009, 06:40 AM
.

2 Gartleys ? perhaps

.

The performing Gartleys present their

maximum overnight moveof +130 pips

Perfect reach to the smalls 161.8 extension,
and the large's 78.6 retrace.

peat
04-02-2009, 07:03 AM
I got 40 pips from that when I was up between 5 and 5:30 this morning !! a real quickie it was lol

arco
04-02-2009, 01:51 PM
I was up between 5 and 5:30 this morning !! a real quickie it was lol

Wondered why you were up so early. :D

peat
21-02-2009, 08:58 AM
long from 79.58 target 83.60 breakout of the grey ascending triangle with pink base line and pink target line shown as duplicates.

gave it a 200 pip stop at the start might bring that in soon.

peat
24-02-2009, 08:56 PM
price now 82.15 +255
original target still set but locking in +200 now

peat
25-02-2009, 05:03 AM
and now closed for +323
close enough :D

... and later, target was hit with a high of 83.7 so far

I start to wonder if its a sell soon. dont quite think so yet.
A possible resistance area/Potential Reversal Zone around 84.3 - 84.9 ?
But then again , it might just smash that on its way to 93.25 (as 61.8% retracement of 105 - 75.) Of course lots of resistance at levels like 87 and 90 on the way.