Delta Phenomenon

This is a discussion on Delta Phenomenon within the Trading Delta Cycles forums, part of the Specialists' Corner category; Hi everyone, I am currently using this count, assuming that ITD 11 / MTD 1 / LTD 15 has already ...

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Old Jun 2, 2009, 10:31am   #33
Joined May 2008
ITD 11 / MTD 1 / LTD 15 has arrived

Hi everyone,

I am currently using this count, assuming that ITD 11 / MTD 1 / LTD 15 has already arrived. This count will be invalid if in the next three days, the top at 1.64991 is broken.

If 1.64991 is broken in the next three days, that would be a little too late for ITD 11 to arrive, and therefore if this happens, I would use the ITD 11 inversion count (look at my prior post for ITD 11 inversion scenario). In the event that ITD 11 inverts, we will have Intermediate Term Up until June 11.

But as of now, attached is the count that I favor. There is no inversion in my favored count, and in our case, Intermediate Term trend is down to ITD 1 due around June 11. Please note from the chart where LTD 16 could arrive. I leave some extra space to the right of the chart so you can see where LTD 16 could arrive. Due to the strong rally and better fundamentals, I won't be surprised if LTD 16 arrives in mid July (although it could arrive up to third week of August).
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Old Jun 8, 2009, 1:03pm   #34
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Quote:
Originally Posted by cmellon View Post
Hi everyone,

I am currently using this count, assuming that ITD 11 / MTD 1 / LTD 15 has already arrived. This count will be invalid if in the next three days, the top at 1.64991 is broken.

If 1.64991 is broken in the next three days, that would be a little too late for ITD 11 to arrive, and therefore if this happens, I would use the ITD 11 inversion count (look at my prior post for ITD 11 inversion scenario). In the event that ITD 11 inverts, we will have Intermediate Term Up until June 11.

But as of now, attached is the count that I favor. There is no inversion in my favored count, and in our case, Intermediate Term trend is down to ITD 1 due around June 11. Please note from the chart where LTD 16 could arrive. I leave some extra space to the right of the chart so you can see where LTD 16 could arrive. Due to the strong rally and better fundamentals, I won't be surprised if LTD 16 arrives in mid July (although it could arrive up to third week of August).
Hi Cmellon,
I also have come to favour no inversion on MTD TF, and expect LTD16 to come on time or early. Please note that G/U has almost touched 38.2 ret which is in the zone for the A of ABC corrective.
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Old Jun 9, 2009, 10:33am   #35
 
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I realise that all posts here are GBP orientated but here's a MC1 (STD) chart for the S&P.

We're now in the region for the MC1/1 and yest have to see whether it was the friday high or needs higher specifically for me in the 960-965 area in rth

cheers
P
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Old Jun 9, 2009, 3:45pm   #36
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Originally Posted by 2be View Post
Hi Cmellon,
I also have come to favour no inversion on MTD TF, and expect LTD16 to come on time or early. Please note that G/U has almost touched 38.2 ret which is in the zone for the A of ABC corrective.
Hi 2be,

Do you still consider the possibility that MTD 1 / LTD 15 has not arrived? I count that there are still two possibilities excluding MTD TF inversion:

1. ITD 12 inverts and ITD 1 is instead a high, and MTD 1 / LTD 15 arrives at ITD 1.
2. MTD 1 / LTD 15 arrives at ITD 2 high.

Would appreciate to know what you think.
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Old Jun 9, 2009, 4:02pm   #37
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The Delta thing is lost on me, but if you look at the Symmetry (not the LL or HH) of the Daly GBPUSD, it's a little stronger coming out of its mirror, but only marginally. That it hasn't quite managed to hit the 50% Fib from July last year would indicate potential weakness.

If it closes below 1.5529 before closing above 1.6827 your turns are probably in.

Something for everyone there. LOL
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Old Jun 10, 2009, 3:44am   #38
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Hi guys,

Here's what I think is happening.
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Old Jun 10, 2009, 12:55pm   #39
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Quote:
Originally Posted by cmellon View Post
Hi 2be,

Do you still consider the possibility that MTD 1 / LTD 15 has not arrived? I count that there are still two possibilities excluding MTD TF inversion:

1. ITD 12 inverts and ITD 1 is instead a high, and MTD 1 / LTD 15 arrives at ITD 1.
2. MTD 1 / LTD 15 arrives at ITD 2 high.

Would appreciate to know what you think.
Hi Cmellon,
It looks that there is an ITD inversion, and until LTD15 is taken out I am holding as if it has arrived earlier on, but shall trade being aware that the LTD 15 might arrive late. Cable is in a 5 EW impulsive, it is too early atm to say that LTD15 is yet to arrive.
John is of the opinion that it is likely LTD15 has not arrived yet. Looking at the daily TF there is space for the cable to go up considerably highier, I shall be very careful.

Last edited by 2be; Jun 10, 2009 at 1:11pm.
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Old Jun 11, 2009, 3:03am   #40
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Hi Cmellon,
It looks that there is an ITD inversion, and until LTD15 is taken out I am holding as if it has arrived earlier on, but shall trade being aware that the LTD 15 might arrive late. Cable is in a 5 EW impulsive, it is too early atm to say that LTD15 is yet to arrive.
John is of the opinion that it is likely LTD15 has not arrived yet. Looking at the daily TF there is space for the cable to go up considerably highier, I shall be very careful.
Thanks 2be.
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