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- | Membership Revoked | Joined Aug 2011 | 7,263 Posts
If there was easy money lying around,no one would be forcing it into your
Euro/Dollar discussion 9 replies
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euro against the dollar 0 replies
Dislikedmy thoughts are still to the downside unless we see 1.2160
We are firmly in the first target zone now 1.211x to 1.206x.
I have a second target zone at 1.198x to 1.196x.Ignored
Dislikedhow far will we correct?
The move down today made a neat 5 wave series, and completed a 1st target hit on a larger series (H4).
this leaves the door open for a simple ABC correction of the move down from 1.213x.
target zone for this correction stretches up to 1.209x so looking for it to be contained there but at the outside 1.211x
If that occurs I will look for a test of the low and focus on the earlier mention 2nd target zone.Ignored
Dislikedgood morning/afternoon all, new here, thank you Tom for let me be in.
I want to see gap closed. Long atm. pending sell @ 1.2165Ignored
DislikedGood day to you,
I need this to go higher....
Someone give the Europeans some breathing space...
Pretty please
RegardsIgnored
DislikedI would prefer to see 1.2120 to hold, but if not 1.216x may get a look inIgnored
Dislikedgood day to you, sir
Now looking better... 1.2120 is the area...1.2160 would be awesome..
RegardsIgnored
DislikedGood day to you,
Intermediate setup will have to see 1.21334 taken in the near future.
Could well continue to close 1.21543
RegardsIgnored
Dislikedlooks like she may have topped out having just taken out the 78% correction of the move down - which is normally a max for a correction.
added some more shorts in the zone anywayIgnored
Dislikednot really, depends on your definition. I tend to take what I call high probability moves from recent action using elliot and fibs mainly to project targets.
So some trades maybe for just 20-30 pips others 200 just depends on what timeframes I get the best setups
so I closed my shorts from a while earlier for only +5 because the PA was riding up.
Now I am looking to see how far up on M5 TF it could easily get and I see two targets zones 1.2135 to 1.2145 or at a push 1.216x which I won't trade from this starting position. But will look...Ignored
DislikedI'm also of this thinking. I'm still looking for a gap close. It doesn't have to happen, but it almost always does, and PA seems to be meandering in that direction.
Going to grab a short at the 1.2180 / 1.2200 level. 1.2200 coincides very smoothly with the 50% fib level for the 1.23250 July19th high to our new low here.Ignored
DislikedWonder if this is it or should I wrap my party for now, sterling rolling over, aussie showing some weakness as well, oil at resistance I want SP to follow as I am selling from 1337,65
http://s15.postimage.org/vzb1v2h9n/euro.gif
image uploadIgnored
DislikedWonder if this is it or should I wrap my party for now, sterling rolling over, aussie showing some weakness as well, oil at resistance I want SP to follow as I am selling from 1337,65Ignored