Stingfx. very fast down it's completely confusing now
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Dislikedindeed it is confusing. This fast down move has trashed my triangle pattern as it has gone down below my C wave of the triangle. We just have to wait until a clearer picture is seen. EU seems very bearish now at least until 1.1714 as this is the 61.8 retrace of the last rally. I will however refrain from selling anymore and wait for a better opportunity. clearly this wants to go down a bit more and attract more retail sellers into the market and then a sudden rise will take all the stops and a lot of accounts as well . should wait and watch...Ignored
Disliked{quote} I agree with you. For DXY, I thought wave B just finished and wave C started last night (pacific time). The market now proves that I was wrong. I looks like that it has to retrace more before it will start the wave C to go down.Ignored
Disliked{quote} Brother, there is no right and wrong in this market. you never know what will happen. we are all sitting ducks in the eyes of the market makers and the big banks. So all we can do is speculate with our limited technical knowledge and hope for the best. At least that's my opinion. Unless you have an account more than 100K, making a substantial amount of money in this market is a myth. just 2 cents from an old man.Ignored
Dislikedstringfx, i had some problems with my provider ... Use the DXY count from EWMI form the 8the of june to get the Big Picture - I favour the wave "W-X-Y" (red) as Flat (count 1). Sixer {image}Ignored
DislikedA question for Sixer and stringfx. . . . Look at a 4H S+P chart . and tell me if shorting at 2803 is reasobable or not . Now is at 2786 . Regards,Ignored
DislikedI have found an EURUSD chart from the 11th for comparison with your own count. Sixer {image}Ignored
DislikedStringfx, What's your target prediction of y wave in wxy? Sixer, what's your target prediction of y wave in wxy?Ignored
Disliked{quote} 1.1714 first target. if broken, 1.1675 2nd target. if broken, 1.1636 3rd target.Ignored