View Full Version : Buy Gbp-nzd
Belumat1
05-05-2008, 11:58 AM
I opened a short position (60% amount - on 2 of Vic Sperandeo) on NZD-GBP as well.
Stop loss 0.415
if it break 0.384 I m going to increase the short position.
House market in England is really bad and the credit crunch it's still alive I know, but I also saw investor still overweight UK Bond relative to CGBI World Bond Index so ......
at the moment it's one of the best alarm (risk-reward) my trading system is pointig out
http://bp3.blogger.com/_6nTmMn9wzb4/SB5NMzpkC3I/AAAAAAAAAC0/QhjywMWwdqY/s1600-h/nzd-gbp+Gann+Analysis+%28perfect%29+2+may+08.GIF
http://bp0.blogger.com/_6nTmMn9wzb4/SB5NNDpkC4I/AAAAAAAAAC8/DQ4VGPA8G2U/s1600-h/nzd-gbp+short+1y+analysis+++2+may+08+Vic.GIF
see you soon
Hi Belumat
I dont trade Nzd.Gbp. but I'm always interested to see chart set ups.
I'm familiar with this Sperandeo set-up, and for those that are not - here it is. (Condition 3 has yet to happen).
http://www.chrisperruna.com/wp-content/uploads/2007/09/092607_123_book.png
At the point where all three of these events have occurred graphically, there exists the equivalent of a Dow Theory confirmation of a trend change. Either of the first two conditions alone is evidence of a probable change in trend. Two out of three increases the probability of a change in trend. And three out of three defines a change in trend.
Trader Vic--Methods of a Wall Street Master (Paperback)
by Victor Sperandeo (http://www.amazon.com/exec/obidos/search-handle-url?%5Fencoding=UTF8&search-type=ss&index=books&field-author=Victor%20Sperandeo) (Author)
rgds - arco
Hi Belumat
rgds - arco
Thanks Arco, i think that i can see the relevance of it now. Retraced below previous important low, the nformed small butterfly to fly back up to previous important high - might fall again now?
Bilo
What I'm saying is we've seen the TL break so now we're looking for '2' if you were to follow that Sperandeo set up that Belumat mentioned.
rgds - arco
Bilo
What I'm saying is we've seen the TL break so now we're looking for '2' if you were to follow that Sperandeo set up that Belumat mentioned.
rgds - arco
watching and waiting...
Thanks
watching and waiting...
Thanks
Here we go ...maybe
http://img59.imageshack.us/img59/5651/nzdgbp2bgann2banalysis2di4.gif (http://imageshack.us)
speed lines!
I had a bit of a play around with those recently and found them quite good at support and resistance levels.
Yeh I dont have access to trade NZD/GBP cross but guess I could always do it with with two spreads tho ouch.
Hi Peat
Some of the brokers using Metatrader platform offer GBP.NZD.
Spread is around 6 pips.
rgds - arco
Had a quick look at this on MQ...... (Remember this is NZD.GBP)
Interesting weekly chart and looks like a possible EW pattern forming
which if correct should give higher prices eventually...... (Notice
the resemblence between 1-2 and 3-4....uncanny)
Not trading this presently myself, but more for wave count interest.
rgds - arco
Belumat1
11-05-2008, 04:54 PM
You can't count in that way.
You must start every time from a important bottom or top.
In your case you should have started from the previously bottom (2006).
Elliot is very difficult.
I think you know that.
But one of the most important rules is right that .....
This is my opinion of course, result of my almost 10ys research and operations.
Bye
Hi Belumat
Unfortunately MQ4 only goes back to where I started the
graph from......and Reuters dont supply it for Metastock.
Can you display a graph with the EW count as you see it
from the 2006 bottom mentioned.
Thanks - arco
dumbass
11-05-2008, 08:22 PM
i must confess to have never looked at this cross before
hope this helps it looks like we are in some big ABC correction with a 5 th wave ready to take it lower
i am in no way suggesting arco that you are sight impaired , i hate charting elliot on saxobank but i aint got it on meta
i think your count stacks up
what your looking at tomorrow anything jumping out
Hi DB
Thanks for the EW count - I've mirrored the chart
to compare it with the one I posted. (Its now
converts to NZD.GBP)
Will be interested to see how it pans out.
I'll be looking at charts in the morning so if
I see anything I'll post here on ST.
Belumat - I notice you charting is from Findata.
A few of us are having problems with our current
data supplier - how do you find their service ???
rgds - arco
dumbass
17-05-2008, 10:36 AM
hey arco , this is looking like a 5 wave triangle with a fake e wave overshoot before 5th wave , would nt touch it with a q stick but interesting
dumbass
19-05-2008, 09:25 AM
ooooooooooooooppppppppppppppsssssssssssssssss
how can you edit a old post or you cant do that ?
wondered about that pic!! :eek:
you should be able to edit your own post - it offers that function, there may be some time limit on its availability tho.
just tested on an older post and no time limit. - edit button appears in bottom right hand corner.
Same here Peat.....spent over an hour looking for a BF :confused:
DB...you should be able to edit your post if you are logged in.
Or if theres a problem suggest you could e-mail Vince
rgds - arco
dumbass
19-05-2008, 11:08 AM
i wasnt logged in so edit button doesnt appear
thanks guys
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