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  • #61
  • Dec 1, 2008 3:02pm Dec 1, 2008 3:02pm
Home run on the GBPUSD. The last circle is where I would have had a safer entry. The previous circles are just validating the cycle.
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  • #62
  • Dec 2, 2008 7:07am Dec 2, 2008 7:07am
Pattern fail on the euro. The time line targets held up as good entries for going long, but I was already long 3 times. 1 stopped out for -30, 1 stopped out for b/e, and the final just closed for +99.

Just entered short at 1.2695 based on a 5 min. pattern. A bit risky of a trade, but a signal was there so I'm taking it.
  • #63
  • Dec 2, 2008 8:11am Dec 2, 2008 8:11am
Moved my square and added another short at the top at 1.2735 pretty much spot on to the square 180° of price and a crossing of some angles. I highlighted the initial target area.

My overall target is still long but now it's at 12-3-08 5:50 GMT and 1.2887. Just waiting for a good set to go long again.
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  • #64
  • Dec 3, 2008 6:45am Dec 3, 2008 6:45am
Quoting JR97
Long Euro at 1.2669. Target is price and time at 1.2745 and 12-1-08 18:15 GMT. If that hits, I'll show my cards. If it misses, there's nothing to see here.
It looks like my time target was way off the mark, but that price level ended up being pretty close to the high.

The shorts didn't trade didn't play out as planned, but they held up. Finally got out of the shorts with some decent profit and a long triggered over night. Looks like it was a bit early. I added a circle to my square and it's playing out so far, so my long has a chance.
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  • #65
  • Dec 3, 2008 7:07am Dec 3, 2008 7:07am
Interesting.
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  • #66
  • Dec 3, 2008 7:52am Dec 3, 2008 7:52am
Since price dropped out of the ellipse, it now needs to clear it before it can move up.
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  • #67
  • Dec 3, 2008 7:55am Dec 3, 2008 7:55am
A Merkaba defining the path of price. Second image is the Merkaba blooming into one of those Texas Road House Blooming Onion appetizers. Yum. But check out how price moves around the arcs.
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  • #68
  • Dec 3, 2008 8:16am Dec 3, 2008 8:16am
Quoting JR97
Interesting.

Yes - a quote that I made in another thread....


"yes, again the pa around the 34 ema gave another entry......however, I've passed on this one as I'm starting to see possible buying volume coming into cable and eruo, so I'm waiting for clarification....."
__________________
Trading Levels with WRBs
  • #69
  • Dec 3, 2008 12:08pm Dec 3, 2008 12:08pm
Triangles within the blooming onion will triangulate exact spots of price and time. So I"m expecting the euro to drop to the apex of these triangles.

http://img529.imageshack.us/img529/5...ec03pq2.th.gif
http://img529.imageshack.us/img529/2...ec03ta8.th.gif
  • #70
  • Dec 3, 2008 3:38pm Dec 3, 2008 3:38pm
Price has finally cleared the last circle. Not much in the way of resistance now. I'll be updating the square tonight.

The Onion missed the price/time target by a few bars and pips. But still.. Not bad for a triangulation projection based on an impulse move 20 hours previous.

http://img508.imageshack.us/img508/5...ec03yp5.th.gif
http://img508.imageshack.us/img508/2...ec03yj0.th.gif
  • #71
  • Dec 3, 2008 7:51pm Dec 3, 2008 7:51pm
I can honestly say that I've never glanced at the EURAUD pair. But I was looking at a 60 day daily range chart and the pair had averaged over 600 pips a day so I thought I'd take a peak. On the 4h, there is a pretty wide triangle in play with enough room to get some decent action out of it. Doing some simple fib bar counts, I've entered long off the bottom. Entry was a drill down of 1h and 5m Gann Squares and cycle counts.

I've also zeroed in on a fib bar count down as my time target with the upper trend line as the target.

Akuma99 was gracious enough to let me post up a couple of articles on his blog as a guest where I go over using simple trend lines and Fib bar counts to trade time.
http://beginnertrader.com/blog/
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  • #72
  • Dec 4, 2008 12:38pm Dec 4, 2008 12:38pm
Below is how the EURAUD is playing out on the 1H. There's a yellow rectangle highlighting my first price/time target. Price retraced on me from that point drastically, but this is a 4h chart swing trade so no big deal. Sitting pretty now. Next retrace will provide some add-on.
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  • #73
  • Dec 4, 2008 12:52pm Dec 4, 2008 12:52pm
Thanks JR Great Work
  • #74
  • Dec 4, 2008 12:52pm Dec 4, 2008 12:52pm
A longer term view of the EURAUD pair on the weekly chart. The cycle lines picked some major tops and bottoms. The blue and dark brown are related to the low price in April 2001. The light brown is related to the high price clear back in Jan. 1989. Prices give cycle numbers. Sometimes they're veiled and take some work. These were based on the prices in relation to the Earth's rotation. Sounds crazy, but there's a number there that seems to work as a multiplier on any time frame. Who cares where the number comes from as long as it works, eh? That last blue cycle hit was one of those once in a life-time trades. Suffice it to say, I'll be paying more attention to weekly chart cycles from now on.
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  • #75
  • Dec 5, 2008 1:24am Dec 5, 2008 1:24am
I've done some intensive cycle analysis on the EURUSD daily chart and I've got a date and time zeroed in down to the 1h chart. The analysis shows that the pair will make a significant high 12/12/08 at 1.2908. That's a week from tomorrow. I don't think tomorrow's NFP will cause price to go higher than that level should price continue it's upward path. So I'm hanging on to my longs through NFP. I will look to add on any swing lows. The chart below is kinda messy. The projected cycle will probably invert.
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  • #76
  • Dec 5, 2008 1:41am Dec 5, 2008 1:41am
Quoting JR97
I've done some intensive cycle analysis on the EURUSD daily chart and I've got a date and time zeroed in down to the 1h chart. The analysis shows that the pair will make a significant high 12/12/08 at 1.2908. That's a week from tomorrow. I don't think tomorrow's NFP will cause price to go higher than that level should price continue it's upward path. So I'm hanging on to my longs through NFP. I will look to add on any swing lows. The chart below is kinda messy. The projected cycle will probably invert.

GM JR - some great work you're doing - on congratulations for making timing via the earth's rotation actually work - I failed in my attempts to use it...http://www.forexfactory.com/images/icons/icon9.gif

I'll work up my EURUSD chart and see what my simplistic approach brings....
Trading Levels with WRBs
  • #77
  • Dec 5, 2008 2:21am Dec 5, 2008 2:21am
JR97,

just sent you a PM

Sixer
  • #78
  • Dec 5, 2008 7:36am Dec 5, 2008 7:36am
Price retraced further than I thought on the EURUSD. That's actually better. Added more longs just now before NFP. 12/12 will be a high and I think it will be higher than anything until then. So the retrace gives some padding for NFP to be negative and leave enough room for price to stilll square up on the 12th. Added longs at 1.2674. Charts later.
  • #79
  • Dec 5, 2008 8:14am Dec 5, 2008 8:14am
Quoting Islander
GM JR - some great work you're doing - on congratulations for making timing via the earth's rotation actually work - I failed in my attempts to use it...http://www.forexfactory.com/images/icons/icon9.gif

I'll work up my EURUSD chart and see what my simplistic approach brings....
Thanks, man. I've got some other "natural cycle" work I did years ago that I wish I had paid attention to. I've got a 5 year cycle that nailed the start of the big GBPUSD drop. I was too busy playing in 80's hair metal cover bands this summer to be bothered with trading.

Below are the before and aftermath on weekly charts.
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  • #80
  • Dec 12, 2008 11:37am Dec 12, 2008 11:37am
Quoting JR97
I've done some intensive cycle analysis on the EURUSD daily chart and I've got a date and time zeroed in down to the 1h chart. The analysis shows that the pair will make a significant high 12/12/08 at 1.2908. That's a week from tomorrow.
12/12/08 is proving to be the cycle high. WAY higher than I initially thought, but that's a good thing. I missed it all because I got stupid.

Rule #1: Stick to the plan.
Rule #2: Always obey Rule #1.
Rule #3: You do not talk about fight club!
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