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Thread: GBP.USD

  1. 10-10-2005, 12:52 PM #161
    arco
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    Major Gann support at 7578.

    Just trying a wee long at 7584.

    arco



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  2. 10-10-2005, 03:06 PM #162
    arco
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    This trade could perhaps be classed as an example of a B2 reversal as mentioned in "Methods of a Wall Street Master" by Vic Sperandeo.

    Ticking away nicely + 27

    Gann co-ordinates above at 7822 and 8066



    arco



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  3. 10-10-2005, 07:48 PM #163
    Xerof
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    On the right track Arco?

    Which do you prefer?





    Xerof
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  4. 11-10-2005, 08:41 AM #164
    Xerof
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    snared some cable at 1.7527 overnite, right in the apex of the chart displayed above. Stop now at breakeven, as not entirely confident about this.

    Major Gann must be lurking somewhere around the 1.7530 level eh Arco?
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  5. 11-10-2005, 02:25 PM #165
    arco
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    Hi Xerof.

    I was stopped out - 29. [V] Now I wish I had taken the 30 pips there was available before I retired to bed. Anyway, can't win them all.

    Gann is at 7578 and there could be another B2 happening at the moment.

    arco



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  6. 11-10-2005, 03:25 PM #166
    Xerof
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    Stopped also for no pain or gain. Still watching for signs of support - maybe european open will clarify. Should also allow a bit of leeway as its a daily chart I'm using

    Xerof
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  7. 12-10-2005, 04:12 PM #167
    arco
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    I got this idea when I found one of Mrs Arco's old red and green harlequin jumpers in the attic. Amazingly it seems to work



    Weekly Chart

    Hopefully the red-green grid will give a clue to the next reversal point. Action should use the lines as support or resistance. I'll be looking around 1.7090 if the recent pivot low breaks.

    arco
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  8. 12-10-2005, 05:29 PM #168
    Xerof
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    Thats a Gann Mesh, isn't it?
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  9. 12-10-2005, 05:42 PM #169
    arco
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    Yes, I agree it certainly looks like a Darn Mess.

    And.......its actually called an 'Arco Net' and is used for catching stray candles, or trapping unwary Butterflies

    But for my latest trick - feast your eyes on this huge Madonna.............



    Weekly Chart

    Its the Butterfly scenario if the recent pivot low breaks. In such a case I expect the action to move into the red and maybe towards the top portion of the blue box.

    Now, heres Mrs Arco with mi curry - 'bout time.











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  10. 18-10-2005, 12:18 PM #170
    arco
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    Hi All

    I intended to post this GBP chart yesterday and unfortunately ran out of time.

    A nice Wolfe Wave setup was showing on the 1 hr, and this has given over 200 pips in the last 24 hours. [8D]

    arco



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