AUD.USD

**slam** · 22-06-2005, 12:47 PM

Hi arco

Did indeed

Thanks for the heads up on the pattern

Cheers
slam

**slam** · 23-06-2005, 12:24 AM

looking for an extended 5th any luck
if we can get through the 61.8 fib

**slam** · 23-06-2005, 07:50 AM

quote:Originally posted by slam

looking for an extended 5th any luck
if we can get through the 61.8 fib

well, couldn't get through so back up she goes

**arco** · 23-06-2005, 10:17 AM

Slam

Can't figure your EW count. Can you paste a chart?

I am still considering the scenario I mentioned on 17/6

Looking again perhaps we are on leg X (3 waves),
which can theoretically go no higher than 'B'
of the Zig Zag. If fact it may even be forming
into a double ZZ if we get a reversal of X.

So perhaps the 3rd wave ended at 7809 and reversal
is in play.

EOD chart is showing a 2nd Harami with small divergence.

arco

**slam** · 23-06-2005, 11:13 AM

arco

Just different time frames
I was looking at a lhr chart and the pattern from the expanding triangle, very short term
(just procrastinating really)

Sorry to confuse the issue[:I]
Cheers
Slam

**arco** · 23-06-2005, 05:15 PM

Might now be turning from a Broadening Top
into a Diamond Top.

**arco** · 24-06-2005, 09:01 AM

Oh, the grand old Duke of York,
He had ten thousand men,
He marched them up to the top of the hill
but then when he saw Major Gann
he marched Them down again.

Intended to post this yesterday but
ran out of time.

So here we see the power of TA.
Many signals.
Broadening Top, Twin Harami's,
Diamond Top, Major Gann
and his merry resistance band,
etc, etc.

Entered short @ .7800 (red arrow)... + 86 currently

Slam - are you on board the southbound express ?

arco

**slam** · 24-06-2005, 09:16 AM

Hi arco
yep, still in there

That chart looks a bit like a bullish gartley, but on last nights action now looks more like a butterfly
I'm not to hot on the exact xabcd ratios, but just a quick observation
Any thoughts either way arco?
Running a tight stop on this one atm anyway

cheers
slam