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Flynchenberg replied Nov 24, 2011EW update — Hi guys, ABC simple correction is 62% retracement of latest wave 2 navy now. Then we got an impulse down. Looks like more downside to come. Seb
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Flynchenberg replied Nov 24, 2011Resistance hold for wave A correction, next is wave B down and then wave C up again. If correction would be ABC flat (wave C in level with A) then this level will be strong point of reference: 1.3383 - 1.3360. Otherwise price might visit the level ...
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Flynchenberg replied Nov 23, 2011Well, I realise I know sh!t, but as I said just after interwention in September: SNB will eventually lose this battle for a peg and everyone and his dog will buy CHF with their hands and legs. Verbals often do the trick, but I guess R/R right now is ...
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Flynchenberg replied Nov 23, 2011Business idea: sell T-Shirts with that.
BTW: EURCHF slide 100 pips and we have Bullish Crab on H1. EDIT: on H4 chart we can see nice bullish levels to go long. In case of break down through this levels we will wait for SNB to come in for another ...Spider's Den
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Flynchenberg replied Nov 23, 2011Another view — Dodgy count, we will see if it works. Seb
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Flynchenberg replied Nov 23, 2011Hi Markus, Since my blue wave 2 top: I would love to count the rest as 1-2, 1-2, but so far it does not fit on lower time frames or my count is wrong. Seb
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Flynchenberg replied Nov 23, 2011Agreed. But, hey, we might have one more leg down if Fitch decide to announce something nice for France.
SebSpider's Den
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Flynchenberg replied Nov 23, 2011Update — 1.3360 might be nice for wave 5 to finish seb
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Flynchenberg replied Nov 23, 2011zerohedge: FITCH: FRANCE CAN'T ABSORB MORE SHOCKS WITHOUT UNDERMINING AAA - so... downgrade imminent? Update: FITCH: FRENCH AAA WOULD BE AT RISK IF CRISIS INTENSIFIES FITCH: ADDED MEASURES LIKELY NEEDED FOR FRANCE '13 DEFICIT GOAL Yes yes! Go FITCH, ...
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Flynchenberg replied Nov 23, 2011Update — Hi guys, EW update. If we will not see any futher drop down soon, we might have a limited bounce to the upside instead: up to 50 - 62% of retreacment and test of resistance as well (grey rectangle). That would be wave 4. Then we might ...
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Flynchenberg replied Nov 23, 2011
I post all harmonics I find worth posting. The rest belongs to You, traders. Seb EDIT: anyone remember my AUDUSD call on 17/11/11? 17 pips max drawdown. +600 so far Logical point of TP is blue line, my order is still running.Spider's Den