correctional waves 2 and 4 in an overall impulsive 1-5 construct usually retrace to a fib retracement level of its previous wave(s). If you guys are assuming the move from 118.8 to 163 is impulsive wave 1, 149 does not represent any significant ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Side effects may include sterility

Auslanco - GBP/JPY and GBP/USD (newstrade)

with the confidence report so rampantly high now, guess it'll be time soon for Wall Street to let the next giga tonne and a half shoe to drop

Auslanco - GBP/JPY and GBP/USD (newstrade)

Cable certainly has recently shown a feature that i haven't seen before. Its trajectory north looks very similar to what happened to gold. what is of concern now to me looks like a large complex shampoo pattern on the daily spanning back from the ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

whoa whoa whoa guys, i leave here for 2 hours and the thread dissolves into a ego swinging contest. Come on, GJ's still there waiting for us.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Feardox can you please clarify this? you chart is unlike any EW count i've ever seen before.

Auslanco - GBP/JPY and GBP/USD (newstrade)

I'd like to think that the cheetah hunts bulls don't think you'll ever see a cheetah take down a bear

Auslanco - GBP/JPY and GBP/USD (newstrade)

where's your impulsive 1-5 waves? and thats not a valid count for a corrective ABC either.

Auslanco - GBP/JPY and GBP/USD (newstrade)

? Nikkei opens in another 30 mins Hey Malc, i'm still seeing bears all over the place. its just the insistent ramping of stocks especially in the last 30-45 mins of the day that's confusing matters. Meanwhile all bond yields fell heavily. 2yr TSY ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

do you even have an explanation for that over-sized picture of yours?

Auslanco - GBP/JPY and GBP/USD (newstrade)

mate, no idea how you are seeing the scale but that GBPJPY pink line looks closer to 62.5% than 70% and if you look at the historical open position ratios chart you'll also noticed that there hasn't been any ratio shift in Oanda's open GJ positions ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Yes yes yes, EW is very speculative and free flowing. I'm not trying to change you mind on that. The point i'm trying to make is that TA is all about interpretation just like EW is as well. You suggested divergences on MACD as an example. On my ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

The classical EW joke is that if you put 10 Ellioticians in a room you'll end up with 12 different wavecounts. Yes EW is subjective, but then again, so is every different method of TA. What direct predictive relationship does a moving average ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

My reasoning here is that BOE will mirror statements similar to what we saw from the RBNZ today (aka "we have no idea what we're doing is right, so we'll just do nothing...... for now"). The RBNZ released a confusing statement today essentially ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

sure it is. its all there. There's even quotes for CAC, FTSE, DAX, DJ Euro Stoxx 50, HSI, NYSE, NASDAQ, Topix.... I'm sure there's more as well. Just have to take a bit of time scrolling through all the lists to find them, but trust me, they're ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

mate Broco trader has all of these

Auslanco - GBP/JPY and GBP/USD (newstrade)

damn straight. makes you wonder why these same questions aren't being asked of the US banks - big, small, central or treasury. Question: What are your earnings? Asked of the small banks - ummmm.....errrr Asked of the big banks - Our level 3 assets ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

you need a big bass sound. Reed flute's hardly gonna give you that.

Auslanco - GBP/JPY and GBP/USD (newstrade)

There's huge treasury supply this week. Given the recent auctions were done with huge interest and a bid/cover ratio consistently over 3x there's got to be a reason why the big wigs are continuously so interested in buying fixed income. Auctions ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

its strange to note however that GU/GJ is going up as the YM is coming down

Auslanco - GBP/JPY and GBP/USD (newstrade)