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- Mike Haran replied Oct 25, 2010
5min Chart micro cycles — Please see post above NB be aware polarity can reverse
AUD/USD
- Mike Haran replied Oct 25, 2010
Hahaha swing man — For your info IF big if this is the start of a fall it should not take the top at the 100%, M5 swing coming up in about 15-20 mins Looking to get in again, fib the last move on the 5min chart 61 70.7 78 are all good levels, ...
AUD/USD
- Mike Haran replied Oct 25, 2010
Thanks everyone ! — You must all be short the aussie market down 36 pips 10 minutes after its cycle point, hopefully this is it. I will update my next position later tonight. I often trade 2 contracts and take a profit on one once I cover my ...
AUD/USD
- Mike Haran replied Oct 25, 2010
15:39 GMT — Domino, certainly am shorting, every trend comes to an end, if you can hit them, and have the knowledge, because thats all it is, you can estimate the possible point of a reversal. Its always just a possible, I don't know how far ...
AUD/USD
- Mike Haran replied Oct 25, 2010
Here is my take on it! — Whatever Ben says, I would say that "the market had already priced in the news", how many times have we seen the financial experts come up with that old chestnut. Think like a dealer, where are the stops, you all will ...
AUD/USD
- Mike Haran replied Oct 25, 2010
You can see where this is going — Everyone is short the dollar expecting bad news, the sell off started Sunday night and gained momentum early this morning. Now, think about it... Everyone expects bad news, how bad can it be? Our imaginations ...
AUD/USD
- Mike Haran replied Oct 25, 2010
Abcd pattren formation audusd — For those of you that know patterns you might see this simple ABCD on the 4H chart. We had a 3 wave decline from the top could be an A wave then can be 3 or 5 waves. Should we stop here at 0.99714 and break the ...
AUD/USD
- Mike Haran replied Oct 24, 2010
Just run a fourier through on the GBPUSD — Approximately every 68-70 trading days we get a fourier cycle, these are not always from previous lows or highs sometimes when the market is conjesting you will get a strong push on these cycle ...
AUD/USD
- Mike Haran replied Oct 24, 2010
Update — Lowyat82 :-) DMA in answer to your questions How many pips will the fall be I expect the fall to be greater in time and price then any correction in the move up so in excess of 552 points and greater than 9 days, this is the minimum ...
AUD/USD
- Mike Haran replied Oct 23, 2010
One last chart of the GBPUSD when it hit $2 to the £ — Look at the wave we are in and the similar wave when the GBP hit $2 to the £. It then rallied over 1000 points before it dived 6500 points. Don't think parity is the end of the road. The ...
AUD/USD
- Mike Haran replied Oct 23, 2010
PQT in answer to you — That last call of mine sucked badly, I had in mind a wave 4 pulling up to a 38-50% retrace, it pulled up some some 78%, unexpected in my mind. I thought I knew, I don't the market will always be right I won't. I did ...
AUD/USD
- Mike Haran replied Oct 23, 2010
Predicting is NOT the way to trade — Always the trend is and will be your edge as a trader, trying to predict tops or bottoms is a very difficult and costly business especially if you are new to this business, I do not recommend it. However, ...
AUD/USD
- Mike Haran replied Oct 23, 2010
AUDUSD Further Analysis — Having sat down and computed out a fourier function to extract the dominant cycle period from the AUDUSD, I come up with a figure of 183 days, from the last main low at the start of this trend we have 183 calender ...
AUD/USD
- Mike Haran replied Oct 23, 2010
Audusd top prediction (if it goes higher) — Here I go out on a limb predicting a potential top. Often the markets like to fool everyone, they make a dive, all the traders go short, just to rise again and take out the last high, by ...
AUD/USD
- Mike Haran replied Oct 23, 2010
This is how I set up my chart — Firstly, I use a zig zag with the settings 3,5,3, I don't believe in elliot waves, but I like to look at the swings, and where abouts in the move we are. Next, I draw a channel to see where price is, especially ...
AUD/USD
- Mike Haran replied Oct 23, 2010
lowyat82 you always cheer me up — Yes lowyat 82 messages maybe pointless, but I always read them and it always makes me laugh. Jokes are pointless too but if they make you happy then they have helped in this otherwise gloomy old world. There ...
AUD/USD
- Mike Haran replied Oct 22, 2010
Thanks to all of you for your support — Firstly, I am not able to define a turn point and tell you that it will turn, put the farm on it. Those of you that think that anyone including me can tell what the market will do definately, well its ...
AUD/USD
- Mike Haran replied Oct 20, 2010
My outlook on the AUDUSD — A decline today until tommorrow morning would confirm my expectation that this is a top and a deeper correction will take place. However, we are approaching a point where if we take yesterdays low we could see a ...
AUD/USD
- Mike Haran replied Oct 20, 2010
Maybe my nineth post but I've been around!!! — Nice comment ;-), Forexfactory is a place where I read a lot of good information, its a cracking forum. I can help a lot of you become winning traders, I was taught pattern trading by an expert, ...
AUD/USD
- Mike Haran replied Oct 20, 2010
The turn came in on time but the market only fell 20 pips — We are now up at the 0.9800 level and also this is a pich fork edge on the hour chart. My first attempt was stopped out for BE. I resold again at .9800. My stop is at 0.99034. Mostly ...
AUD/USD