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  1. #11
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    Quote Originally Posted by Bilo View Post
    Why wouldn't you expect it to continue down to 1.09 - sometime in January?
    well you could be right all i really do is try and identify is high probability turning points and trade them , some you win on some you dont

    this is a correction on the main 12345 wave up

    the correction is an expanded flat

    wave c is normally 1.61 wave a and will finish roughly around wave 4

    some of the candle stick patterns (spinning top and hammer) are suggesting down move slowing and a few other things

    but not a certainty at all , which means you must trade with a stop which i would say would be the bottom of the hammer 112 40

    hope this answers your question

  2. #12
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    still reckon this one worth a look

    hammer and doji , divergence on q stick 78.6 fib levels

    gentle long , easy does it tiger

    anyway new passport issued , so we are having another go at leaving

  3. #13
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    Quote Originally Posted by Bilo View Post
    Arco your call above was impressive. You are deserving of your LEGEND title! Fantastic! Congratulations!
    Just sorry I don't understand this stuff well enough/follow it closely enough/to modify my behaviour on your call.
    I didn't act on it. I hope David Hardman did...
    Nope.. not yet. My NZD's will become available in March/April 08. I'll need to move the money soon after. Hopefully the kiwi will stay strong till then.

  4. #14
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    slightly surprised to see this one moving slowly up

    from an elliot wave perspective in a three of a larger three in even a larger three
    this should mean some speed in up move

    solid support 11330 and 61.8 level of 116 move just below

    rising trendline may provide an entry if tested around 113 70

    stop loss 113
    Last edited by dumbass; 28-01-2008 at 04:33 PM.

  5. #15
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    taken in on this one as previous post

    moving very lethargically but support looking solid around 113 40

  6. #16
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    i hope mr hardman has moved his kiwi dollars over to aus

    chart entering an accelerated phase of kiwi weakness against aussie

    minimum target 121 but most likely going higher and probably quite quickly

    750 pips if anybody had the patience

    had a few nibbles on the way up

  7. #17
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    Quote Originally Posted by dumbass View Post
    i hope mr hardman has moved his kiwi dollars over to aus

    chart entering an accelerated phase of kiwi weakness against aussie

    minimum target 121 but most likely going higher and probably quite quickly

    750 pips if anybody had the patience

    had a few nibbles on the way up
    Nope.. Still trying to offload my Auckland based rental.. Very few buyers out there it would seem!

    FX downside just makes the pain worse

  8. #18
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    Thumbs down

    i tried DA but I had stops set at 1380 and need less to say it went that far (and not much more)
    For clarity, nothing I say is advice....

  9. #19
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    hi peat

    still reckon there should be more opportunities to jump on

    watching for another entry

    i left a message for you on general chit chat

  10. #20
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    i have sent you a PM DA.
    For clarity, nothing I say is advice....

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