Gaining an Edge over the Forex game of Mind, Money, & Wealth

Thursday, June 28, 2001
van Gecko 17:14 GMT June 17, 2001
morning world..
USDX..
critical directional week for the almighty buck...
key levels to watch like a hawk.. 118.88, 117.28
possible scenarios;
with Friday's spike reversal from the 117's, 118.88 will be re-tested early this week,
but a failure around there &/or up to the low 119's combined with a close below 117 could see a fast sell-off down to the 116's,
below 116, opens up 114..
on the other hand, staying above last week's low & re-capturing the 119's suggests a side to up consolidation period, a re-test of the 120 highs, & a breach of which could pop the greebuck up to new highs..
my bet is for the second scenario,
either way, the tactic is to stop in above 119 if you're a $ Bull (BOS),
or be patient, wait & stop in below 117 if you're a $ Bear (SOS)...
Long term trend don't change overnight, (unless one insist on mimicking FX "cotton pickers"),
& the trend for the almighty buck is still UP till we see a month or 2 of consistant closes below the 110 levels..
now, in simple non tech vodoo terms for E_utopians;
below 117, rejoice with potential glee..
above 119, not vely euphoric outlook for the s/t..
Cheerios & gl to all $ bulls & bears this week...
van Gecko 05:10 GMT May 31, 2001
nyc abc.. sorry for the late reply,
Euro, taking out 8750 resolved the l/t weekly decending wedge..
usually, there's good odds for some follow through to the downside of the weekly bar after an inverted weekly pole take out of a major support line..
in this case, Euro seems to had ran into a temporay sandline @ 8530 & stucked in this tiny 100 pip range so far..
rather then to try to guess, I would attempt to react to the B/O direction with my 14:34 GMT May 30 trade tactics..
however, imo Euro from here has more upside & limited downside potential movements for the impending break-out..
also, you might be interested in reading the post from Malaga IT 09:08 GMT May 30, 2001..
gl
van Gecko 22:15 GMT March 13, 2001
Euro.. very interesting day, now back to the 1st 9130 flatline.. 3 weeks of bullish "hard" work got wiped-out in 1 day..
probable scenarios for the mini & short terms:
1. 9130 holds as in late Jan to early Feb. & we get a false breach of 9250 & a quick rebound to 9300/9400... low odds
2. 9130 gets wipe-out again in the next day or two.. market bounces around.. forming a new s/t range of 9300/9280/9000... good odds
3. today's gap @ 9250 a break-down, & break away gap, the market do a fast test of the old 9000 flatline.. looking for the "un-finished" targets of 8900, & the sand lines @8750/00.. fair odds, as '8888' are vely lucky numbers for the large Asian players..
stay tuned.. a US$ reversal & "revenge of the Nerd_daq" bounce??
van Gecko 17:11 GMT February 23, 2001
Eurpoean's mini term fortunes seems to be looking better by the hour..
if Euro close the week off here (better if above 9100) implies good odds that we had seen a mini term bottom.. this time, seems like her Majesty is leading her conti cousins in dancing the Venesse Waltz..
what this all mean??
it could mean "Good Good".. or double Good (sorry, can't see any double bottoms yet)
it's Good for the $Bulls cos we might have a 2 to 3 day Blip to buy more on momentum (however, most seems to perfer Bargains), or to get out?..
it's also Good for the $Bears cos they are gonna have more SoB's at a higher level..
stay tune.. vely interesting fx times just ahead
van Gecko 12:47 GMT February 22, 2001
morning... market still struck in the "sleepy Euro.. crouching Bear mode"
mini term FLAT lines embedded within Long Term trend NEVER holds (thats right, absolutely, NEVER).. the market usually bounce around from the LINE to tempt & tease our natural instinct for bargains (top/bottom picking), but.. unless profits, are grabbed quickly, counter trend pip-loosing stops(if any) are casted in stone.. recent examples are the 9270/50, 9130/10 lines.. now the 9050/20 line..
GBP.. in a 3 day mini coil.. SoB(Sell on Blip) to 14550, 14600 if seen, SoS(Sell on Stop) on breach of 14400 for some fast pips to 14320/00 again.. Cheerios
van Gecko 20:10 GMT January 28, 2001
Kung Hei Fat Choi ! great fun volatiles with the arrival of the new years.. profitable pip-picking opportunities for all !
now that the GBP & the Continential Fox-trot Turns are at/near major fredriko Fibo levels.. the daily charts are looking like wriggling Snake heads.. ready to spring Up or Down.. could be a critical directional FOMC week..
GBP.. weekly closing smack in the middle of the Downward channel.. that great 15100 Reverse Flip intact, with nice decending daily velocities.. SoB trades still pays well, Sell on approach to upper trend lines @14680/14750 & the 14800 major tech line if seen.. good risk contra/bottom-picking points are at the lower channel/support lines of 14400/10.. 14300
Euro-twins.. same dancing tactics as her Majesty.. same macro directional moves, same turns.. even tho sometimes they try to show off with slight lead/lag steps..
$/CAD.. the corrective move from 14900 capped & bounced off the major 15160 swing fibo twice.. with a -'vely biased inside down weekly close, seems like the Great Canadian Geese now wanna test & take out 15000 again for resumption of the flights to the 14900.. 14800 skies.. SoB trades perferred on blips to trend lines @ 15100/30.. & 15160.. could add on breach of 14980, then trail for 14900.. 14850.. 14800 zones
beware of Pamela's...whatucallthem emptor.. gl & Cheerios
van Gecko 05:00 GMT January 5, 2001
Good pip-pickings for all in this brand new year!
looks like the the Feds wanna start off the new year with a Bang !! the market is being told that the buck stops here.. with the battle lines drawn for the Nerdaq @2250 & the USDX @108, we could be in for a week or two of great fun & volatilies as we kick off the year with this "108/110 DX slug-fest"..
Raven, i see your search for that elusive Holy Grail had taken you to the Vatican.. rather then Long live the Queen to 151, my Jolly Lorry techs are calling for her Majesty to take a Short rest to 146 from here.. cheerios
morning world..
USDX..
critical directional week for the almighty buck...
key levels to watch like a hawk.. 118.88, 117.28
possible scenarios;
with Friday's spike reversal from the 117's, 118.88 will be re-tested early this week,
but a failure around there &/or up to the low 119's combined with a close below 117 could see a fast sell-off down to the 116's,
below 116, opens up 114..
on the other hand, staying above last week's low & re-capturing the 119's suggests a side to up consolidation period, a re-test of the 120 highs, & a breach of which could pop the greebuck up to new highs..
my bet is for the second scenario,
either way, the tactic is to stop in above 119 if you're a $ Bull (BOS),
or be patient, wait & stop in below 117 if you're a $ Bear (SOS)...
Long term trend don't change overnight, (unless one insist on mimicking FX "cotton pickers"),
& the trend for the almighty buck is still UP till we see a month or 2 of consistant closes below the 110 levels..
now, in simple non tech vodoo terms for E_utopians;
below 117, rejoice with potential glee..
above 119, not vely euphoric outlook for the s/t..
Cheerios & gl to all $ bulls & bears this week...
van Gecko 05:10 GMT May 31, 2001
nyc abc.. sorry for the late reply,
Euro, taking out 8750 resolved the l/t weekly decending wedge..
usually, there's good odds for some follow through to the downside of the weekly bar after an inverted weekly pole take out of a major support line..
in this case, Euro seems to had ran into a temporay sandline @ 8530 & stucked in this tiny 100 pip range so far..
rather then to try to guess, I would attempt to react to the B/O direction with my 14:34 GMT May 30 trade tactics..
however, imo Euro from here has more upside & limited downside potential movements for the impending break-out..
also, you might be interested in reading the post from Malaga IT 09:08 GMT May 30, 2001..
gl
van Gecko 22:15 GMT March 13, 2001
Euro.. very interesting day, now back to the 1st 9130 flatline.. 3 weeks of bullish "hard" work got wiped-out in 1 day..
probable scenarios for the mini & short terms:
1. 9130 holds as in late Jan to early Feb. & we get a false breach of 9250 & a quick rebound to 9300/9400... low odds
2. 9130 gets wipe-out again in the next day or two.. market bounces around.. forming a new s/t range of 9300/9280/9000... good odds
3. today's gap @ 9250 a break-down, & break away gap, the market do a fast test of the old 9000 flatline.. looking for the "un-finished" targets of 8900, & the sand lines @8750/00.. fair odds, as '8888' are vely lucky numbers for the large Asian players..
stay tuned.. a US$ reversal & "revenge of the Nerd_daq" bounce??
van Gecko 17:11 GMT February 23, 2001
Eurpoean's mini term fortunes seems to be looking better by the hour..
if Euro close the week off here (better if above 9100) implies good odds that we had seen a mini term bottom.. this time, seems like her Majesty is leading her conti cousins in dancing the Venesse Waltz..
what this all mean??
it could mean "Good Good".. or double Good (sorry, can't see any double bottoms yet)
it's Good for the $Bulls cos we might have a 2 to 3 day Blip to buy more on momentum (however, most seems to perfer Bargains), or to get out?..
it's also Good for the $Bears cos they are gonna have more SoB's at a higher level..
stay tune.. vely interesting fx times just ahead
van Gecko 12:47 GMT February 22, 2001
morning... market still struck in the "sleepy Euro.. crouching Bear mode"
mini term FLAT lines embedded within Long Term trend NEVER holds (thats right, absolutely, NEVER).. the market usually bounce around from the LINE to tempt & tease our natural instinct for bargains (top/bottom picking), but.. unless profits, are grabbed quickly, counter trend pip-loosing stops(if any) are casted in stone.. recent examples are the 9270/50, 9130/10 lines.. now the 9050/20 line..
GBP.. in a 3 day mini coil.. SoB(Sell on Blip) to 14550, 14600 if seen, SoS(Sell on Stop) on breach of 14400 for some fast pips to 14320/00 again.. Cheerios
van Gecko 20:10 GMT January 28, 2001
Kung Hei Fat Choi ! great fun volatiles with the arrival of the new years.. profitable pip-picking opportunities for all !
now that the GBP & the Continential Fox-trot Turns are at/near major fredriko Fibo levels.. the daily charts are looking like wriggling Snake heads.. ready to spring Up or Down.. could be a critical directional FOMC week..
GBP.. weekly closing smack in the middle of the Downward channel.. that great 15100 Reverse Flip intact, with nice decending daily velocities.. SoB trades still pays well, Sell on approach to upper trend lines @14680/14750 & the 14800 major tech line if seen.. good risk contra/bottom-picking points are at the lower channel/support lines of 14400/10.. 14300
Euro-twins.. same dancing tactics as her Majesty.. same macro directional moves, same turns.. even tho sometimes they try to show off with slight lead/lag steps..
$/CAD.. the corrective move from 14900 capped & bounced off the major 15160 swing fibo twice.. with a -'vely biased inside down weekly close, seems like the Great Canadian Geese now wanna test & take out 15000 again for resumption of the flights to the 14900.. 14800 skies.. SoB trades perferred on blips to trend lines @ 15100/30.. & 15160.. could add on breach of 14980, then trail for 14900.. 14850.. 14800 zones
beware of Pamela's...whatucallthem emptor.. gl & Cheerios
van Gecko 05:00 GMT January 5, 2001
Good pip-pickings for all in this brand new year!
looks like the the Feds wanna start off the new year with a Bang !! the market is being told that the buck stops here.. with the battle lines drawn for the Nerdaq @2250 & the USDX @108, we could be in for a week or two of great fun & volatilies as we kick off the year with this "108/110 DX slug-fest"..
Raven, i see your search for that elusive Holy Grail had taken you to the Vatican.. rather then Long live the Queen to 151, my Jolly Lorry techs are calling for her Majesty to take a Short rest to 146 from here.. cheerios
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