My trading journal - plus wave counting bits (old Trumps surprise visit to N.Korea)

ssam

Well-known member
268 5
Even my best friends, even my best friends, they don't know
That my job is turning Lead into Gold :):):):)


GBPJPY 1H: see the yellow channel lines above in quote from last weeek? See the Fibonacci 423.6% hit and correction (mild)? Now seee the rally today as it hits the channel top. Then see Macd sligh divergence but especially on histogram the smaller bars. Then see how Fibo's magnificent RSI trenline nicely contained the correction and then gave a bounce.

Yippie kai yeh, then count the internal subwaves up on 4H for simplicity - 1H might confuse you, pick either, the higher timeframe is always easier to see wave count, bla bla. See the 5 waves.

Take profit = exit short-term trade at 138.76

Retreat to BEAR CAVE and enjoy the spoils of War.


View attachment 268641
Belissimo belissimo! This is pure and unadulterated. Probably slightly too drinker than a skunk than I should be for a Tuesday night.

Dear Fibo_trader, have you dabbled in GBPJPY much? The waves seems to be playing in a rhythm akin to that of GOD SAVE THE QUEEN.
 

fibo_trader

Senior member
2,263 44
Belissimo belissimo! This is pure and unadulterated. Probably slightly too drinker than a skunk than I should be for a Tuesday night.

Dear Fibo_trader, have you dabbled in GBPJPY much? The waves seems to be playing in a rhythm akin to that of GOD SAVE THE QUEEN.
Hahahahahahaha you're the man, Duke. Have youforgotten that it was YOU and only YOU who turned me on to GBPJPY.

I bow to you, Sir for this gift. Yes, shockingly nice that its waves are so stellar

Its a great pair now permanently included in my instruments to trade

Thanks to YOU
 

fibo_trader

Senior member
2,263 44
Duke, keep eye on the RSI which you brought up ............................. monthly RSI on GBPJPY. If she blows thru' that trendline it could be huge rally. See the price trendlines too for reference and the spectacular FIBO grid hits.


Behold my friend and teacher a while back in my infancy as a trader. His name is Charles Bassetti, Professor of Finance, Golden Gate University, California. Author of the TA bible, Technical analysis of stock trends
You could attend his graduate course in stock market - the only university I believe that offers such. No Elliottwave, no Fibos, he laffs at Fibo's Fibo grids and shakes his head in disbelief that Fibo is sooooooo stubborn


268657
 

fibo_trader

Senior member
2,263 44
GBPJPY weekly RSI breakout


268659
 

fibo_trader

Senior member
2,263 44
GBPJPY 4H upon US markets close a few mins ago ......................

here's the current 4H


268660





And to celibrate this majestic beauty, GBPJPY I dedicate ...................







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ssam

Well-known member
268 5
Hahahahahahaha you're the man, Duke. Have youforgotten that it was YOU and only YOU who turned me on to GBPJPY.

I bow to you, Sir for this gift. Yes, shockingly nice that its waves are so stellar

Its a great pair now permanently included in my instruments to trade

Thanks to YOU
Glad to be of assistance squire - I have watched this one for a little while. Its a fave, not that I am being GBP bias.

Your Technical Analysis chum looks like a very useful bloke to know with knowledge aplenty.

I need to reorganise my daily schedule, yo need to up my analysis from Sunday and a few nights a week. Just need to shift sometime about in the morning, get on before the London open and put my thoughts out there
 

fibo_trader

Senior member
2,263 44
Glad to be of assistance squire - I have watched this one for a little while. Its a fave, not that I am being GBP bias.

Your Technical Analysis chum looks like a very useful bloke to know with knowledge aplenty.

I need to reorganise my daily schedule, yo need to up my analysis from Sunday and a few nights a week. Just need to shift sometime about in the morning, get on before the London open and put my thoughts out there


My technical Analysis chum has a stellar course which I have been meaning to take but never got around to. I think one would have to live there for a semester. One would get to study the bible of TA like it was a textbook, which it is, so very easy for me because I'm used to getting my ass kicked by these massive college textbooks and cramming. Professor Basssetti is a TREND RIDER aka follower of the same ilk as Ed Sekota and Jack Schannep of Dow Theory. All these cats are top-notch to learn stuff from. Something to keep in mind for the future. Expensive? heck no.


Hahahahahahaha, almost got the professor once to join me in Thigh-Land for some action in Bangcock. His conscience got the better of him plus the fact he is considered a saint :) :) :) :) :) :)

Like the devil tempted Jesus, I tried tempting Charles with, "all this will I give to thee if you will but fly down here for a mere week - and choose!" - when he saw the video he could not sleep for 2 days. But he turned me down, as it was way too much for a person of his stature to do shit like Fibo the reprobate does on a routine basis


 

fibo_trader

Senior member
2,263 44
Perhaps moderately older men are afraid that this would happen to his marriage if they came to Thigh-Land ..........................


 

fibo_trader

Senior member
2,263 44
SLAM DUNK!!! on reading the US dollar Index's dangerous intersection and using the 1H to determine which is the likely route it would take.

See US Dollar Index 1H chart below since I mentioned it in the strategy to watch it for clues. Boy did he deliver the clues. See the 3-wave upwave after the first drop on 1H? That my dear chaps is signature corrective which means the trend is down on 1H until further notice. Then notice how the trendlines on 1H broke and the 200-ema also broke and RSI tendline also broke and the lower lows on Macd, no divergence ..............

just another day at the office for Fibo :) :) :) :)

By the way I'm Sure Sam has noticed that Fibo's backslapping self congratulating is merely to irritate the humongous old timer tight asses that inhabit this site. Their seething rage is my pleasure. :whistle::whistle:



View attachment 268523


SLAM DUNK!! as the dollar Index now not only takes out the 1H trendlines but is now taking out the daily one too

268777
 

ssam

Well-known member
268 5
Challenging times to check charts - been in the land of Guinness and Leprechauns for the past 48hrs.

Heading back to the mother land now, albeit nursing a hangover to the Nth.

Nice TA there Fibo, this structure is playing out nicely. Super solid wave count too.
 

fibo_trader

Senior member
2,263 44
Challenging times to check charts - been in the land of Guinness and Leprechauns for the past 48hrs.

Heading back to the mother land now, albeit nursing a hangover to the Nth.

Nice TA there Fibo, this structure is playing out nicely. Super solid wave count too.

Amen brother! Drive carefully
 

fibo_trader

Senior member
2,263 44
Fibo calling Duke, come in Duke .............. sent to Roosh

Husband’s call to his wife:
"Honey it's me. I don't want to alarm you but I was hit by a car as I was leaving the office. Paula brought me to the hospital. They have checked me over and done some tests and some x-rays. The blow to my head was severe. Fortunately it did not cause any serious internal injury. However I have three broken ribs, a compound fracture in the left leg, and they think they may have to amputate my right foot."
Wife’s Response:
"Who the f… is Paula?"
And if you find that hard to believe, you've never been married.
 

ssam

Well-known member
268 5
GBP JPY- 57 pip move (starting small, aim not to kill my account)... 1:1.5R2R

DUMMY TRADE ONLY DONT TAKE THIS!

Yes boys and girls - behold, I have gone as low as the 1hr time frame.

short PENDING (this is a small move)

FIRST STOPLOSS!!! 140.507 - SET IT!!! this is a previous support level see green support line on daily, plus arrows showing previous support.


Entry 140.117 SELL SHORT TO
TAKE PROFIT AT 139.543


1HR - NOTE the buy and sell zone marked.
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1 DAY
269879

4hr
269880
 

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