sharetrader
Page 4 of 31 FirstFirst 1234567814 ... LastLast
Results 31 to 40 of 310
  1. #31
    Guru Xerof's Avatar
    Join Date
    Mar 2005
    Posts
    3,005

    Default

    After the Xmas/NY break, the butterflies are re-emerging....here's a short termer on CHF, having moved to the requisite 1.618% extension level



    Xerof


  2. #32
    Guru Xerof's Avatar
    Join Date
    Mar 2005
    Posts
    3,005

    Default


    Evening all,

    A possibility tonight perhaps? The common Gartley variety....

    AB = CD at 116.63, high today 116.60.....





    Xerof

  3. #33
    Guru Xerof's Avatar
    Join Date
    Mar 2005
    Posts
    3,005

    Default

    Ah well, butterfly it is then....

  4. #34
    Senior Member slam's Avatar
    Join Date
    Aug 2003
    Location
    Christchurch, , New Zealand.
    Posts
    569

    Default

    Hi Xerof
    I've been long USD/JPY scince 116.32
    You have any targets for the butterfly?
    I have it circa 118.05

    tia

    Slam

  5. #35
    Guru Xerof's Avatar
    Join Date
    Mar 2005
    Posts
    3,005

    Default

    Slam,

    it could be a Bat, in which case the target is 117.60 (88.6% of XA), but if its morphing to butterfly stage, the targets anywhere between 119.35 and 121.00 (127.2% to 161.8% of XA)[][]

    You've got a free ride now, so run a trialing stop on it

    It momentarily looked like the Gartley would hold to form late Friday night, but not to be.



    Xerof

  6. #36
    Guru Xerof's Avatar
    Join Date
    Mar 2005
    Posts
    3,005

    Default

    FWIW, Slam,

    Max is looking for an imminent reversal.....so maybe the Bat is more applicable.....

    Xerof

  7. #37
    Senior Member slam's Avatar
    Join Date
    Aug 2003
    Location
    Christchurch, , New Zealand.
    Posts
    569

    Default

    Thanks for the info Xerof
    Running a tight stop at 6.90 and happy with pips there.
    Will follow it up if it goes that way.
    Not looking to good today though

    Cheers
    Slam

  8. #38
    action-reaction arco's Avatar
    Join Date
    Dec 2001
    Location
    AUD.NZD
    Posts
    2,877

    Default

    Always a possibility.............



    arco

    ___________________


    ___________________

  9. #39
    Guru Xerof's Avatar
    Join Date
    Mar 2005
    Posts
    3,005

    Default

    These two yen cross pairs are moving in tandem, with nice structures forming. Ones to watch for reversal from the indicated "batters boxes"





    Xerof

  10. #40
    Guru Xerof's Avatar
    Join Date
    Mar 2005
    Posts
    3,005

    Default

    quick update to Thursdays charts

    Eur/yen has moved decisively to the minimum target at 127.2% with a daily close this morning at 138.75

    Gbp/yen is declining in an orderly fashion, lower by 150 pips since posting. Further to go yet - 200.00 seems a nice round number

    Xerof

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •