working on some heretical projections audusd nzdusd and the four crosses gbp eur maybe eu gu i think in their own section along with jpy crosses if i can get to it
this stems from flypaper discussion got added into previously posted gbpaud thread where I was talking about my time segments 8 min charts human behavior reaction times and fractal-ness of those charts
which I will end up breaking out into its standalone thread
basically view from space was looking for gbpaud (as well as related assets and counter correlated pairs to correspond) to fall down to my dream target 8279 as indicated then up to 8500 and ideally 8630 then long fall as indicated red diagram stealth ed onto chart below that long fall I believe we are in now which i am believing lasts until 5/2 5/5 and then moonshot up Long for ga gn ea en for long term hold and corresponding au nu up to that time and then subsequent fall
to put it plain intraday movements notwithstanding ga gn ea en lower until 5/2 5/5 au nu higher until same time then au nu short for a long time then ga gn ea en long for a long time
as price (ga) dipped to 8300 only back to 8500 retested 8300 held up at 8500 then last friday (which I missed by the way) full monty past 8670 something before falling back and if you look at your charts before the market opens sunday night and see how things settled out after all that strength i believe that is telling
not getting hungup on precise numbers atm but overall direction and flow and my work this weekend to refine that further but generally direction is along the general lines of the theory
I mean if after traveling hundreds of pips it overshoots your target or undershoots by 30 50 or so are you going to be mad?
as my previous post 77 has held aud and even though 6900 was breached into 6800's it and aud already turning look im not saying sunday night doesn't see further knee jerk lower in both but that they will turn (i believe up nearto green small retrace then continue) however this is not about intraday or daily PA but longer term.
My previous thgt on other thread http://www.forexmospherians.com/groups/forexmosgate-trading-and-the-wisdom-of-the-crowd/blog/gbpaud
I am going to put a warning here my theory laid out in other thread easy enough to be considered. If you are not solidly established in your own trading theory
PLEASE DO NOT READ FURTHER
If you are not established in your own theory and practice the benefits would be minimal and indeed proceeding past this point maybe harmful to you
I am going to lay out my case for the above detailing what are assumptions and I could straight point of fact be incorrect. The methods I am going to use are of an unproven theory in as much as i have earned with them yes but I am very nimble and will change direction without any ego as to my forecast and I always always use a stop. a better trader would have made more than I have what works for me and makes sense to me may not for you. You have the idea reading proceeding post. so yeah love to share this but I am a madman and a heretic.
Im going to dig into my charts and lay this out between today and tomorrow
I know sir G gene pixta peter that you have for years seen charts from me that were shall we say less than stellar however some of this may be interesting hope i can scalp the time from my localtime life to get it done
first chart is original posts second and third not your grandfathers Oldsmobile and the reason I was so excited about the fib channel yes Peter I said Fibonacci LOL
I plan to flesh out my charts in presentable fashion over the next day and intentionally guarding against form fitting the results but as you know the observer often has his affect on the observed
I am grateful I can do this here