On a break under1.2047 look to short to 1.1600
Just an opinion based on a very convoluted Ind which I have tried to explaine before...
Just an opinion based on a very convoluted Ind which I have tried to explaine before...
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Re: EurUsd short term 15 replies
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DislikedGap is now around 80 pips -> 1.2602, will see if holds till sunday's night opening.Ignored
DislikedKess, where do you get that information. I checked out the tenfore site that someone mentioned earlier on this page (or 1 back) and got 1.2675. Would appreciate you passing along whichever site you refer to on weekends. Thanks,Ignored
DislikedOanda and some other institutes, shows real price of pairs during weekend also. I am sure you are aware that forex never stops, nor during weekedns, just brokers do not works, that's all. And they do not show trading during weekend, so traders never know what happend.
But easiest way is on oanda, and click on actual price table.
It will show you on right side of table Fridays date. But it is not correct, because on left top corner, belong oanda logo you can see actual time, date, and quotes real. Juat refresh sometime and you can have closer...Ignored
DislikedNp so actual price shoul be 1.2652, cause of 50 pips spred during weekend. So gap is only 25 pips now.
I was not correct with that 1.2602 price. I forgot of wide spredIgnored
DislikedOanda and some other institutes, shows real price of pairs during weekend also.......Ignored
Disliked... So what would invalidate my analysis?
A break above the green 2 high would suggest that the market has not been reading its elliot books on what it should do.
SmalldogIgnored