I think g/u will test S1 @ 1.9616 .......most probably do a low of 1.9590 
I guess some stops will be there.....
I guess some stops will be there.....
- #4,122
- Jan 25, 2007 1:48pm Jan 25, 2007 1:48pm
- | Joined Dec 2006 | Status: Trader | 1,385 Posts
I think g/u will test S1 @ 1.9616 .......most probably do a low of 1.9590
I guess some stops will be there.....
Man who scratches ass should not bite fingernails
- #4,123
- Jan 25, 2007 1:50pm Jan 25, 2007 1:50pm
- | Joined Dec 2006 | Status: Trader | 1,385 Posts
Man who scratches ass should not bite fingernails
- #4,124
- Jan 25, 2007 1:51pm Jan 25, 2007 1:51pm
I think g/u will test S1 @ 1.9616 .......most probably do a low of 1.9590
I guess some stops will be there.....
I Deeply Love My Virtual Life In Virtual World , RLC
two days is no trend - this is not a bear
ok - maybee a baby cub - but still no bear
so 3 black candles
Arr another thing... gbp/jpy will unwind again...so somemore selling pressure
- #4,129
- Jan 25, 2007 1:57pm Jan 25, 2007 1:57pm
- Joined Jul 2006 | Status: Charts + PA > * | 3,251 Posts
Entered at B of ABC correction off the top on my personal simplified EW count.
Targets as shown in chart. Fixme1too and other EW fans might give me their opinion on this - I might be off or wrong, but I see a good chance of the targets being hit in the mid to near future. Last time i saw 1.9350 it happened, too, so this should be good to go as well. Just need to keep my nerves through the muddle this time
Attaching chart. Posted the small B.abc over at itme's "The Basics of Elliott Wave Theory" although in all honesty I really have no clue about it.
1.9600-1.9610 support line should catapult it back a bit, also a FE 200% expansion of the first place I measured, not on chart.
Targets as shown in chart. Fixme1too and other EW fans might give me their opinion on this - I might be off or wrong, but I see a good chance of the targets being hit in the mid to near future. Last time i saw 1.9350 it happened, too, so this should be good to go as well. Just need to keep my nerves through the muddle this time
Attaching chart. Posted the small B.abc over at itme's "The Basics of Elliott Wave Theory" although in all honesty I really have no clue about it.
1.9600-1.9610 support line should catapult it back a bit, also a FE 200% expansion of the first place I measured, not on chart.
Trust price. Know yourself.
- #4,134
- Jan 25, 2007 2:08pm Jan 25, 2007 2:08pm
Guys and Gals;
For whatever it is worth, when the market gets really quiet as it is now I have a process I run through on all the pairs and timeframes. Right now everything is exactly in neutral !! This does not all come together like this often. In the past, the break from this situation has resulted in a significant move. However, there is really no way to know direction until the currency tips it's hand. I think we will have a good Friday !! Just pay attention to clues for direction.
- #4,136
- Jan 25, 2007 2:12pm Jan 25, 2007 2:12pm
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
- #4,137
- Jan 25, 2007 2:13pm Jan 25, 2007 2:13pm
G/U
The range from the low to its high tht is 9261 to 9915..if we calculate a fibo retracement we can see tht it broke thru the 38.2% at 1.9666,couple a double bottom at 9645 which was broken too, I am expecting to see it head to its 50% retracement at 9588 where if it is still strong then head towards its 61.8% retracement at 1.9511. Do take note these numbers here.
Current trades:Short from the top of 98xx and 99xx tp at 9607.
G/J
The range from the low to its high tht is 228.04 to 241.45..if we calculate a fibo retracement we can see tht it broke thru the 38.2% at 236.33 today(low),then it went up back to near 23.6% support only to slide down back again(take note it didnt hit 238.58. I am expecting to see it head to its 38.2% retracement again at 236.33 where if it is still strong then head towards its 50% retracement at 234.74. Do take note these numbers here.
Current trade: Short from 238.38 tp 236.43
Thts all from my simple analysis here.TQ.
The range from the low to its high tht is 9261 to 9915..if we calculate a fibo retracement we can see tht it broke thru the 38.2% at 1.9666,couple a double bottom at 9645 which was broken too, I am expecting to see it head to its 50% retracement at 9588 where if it is still strong then head towards its 61.8% retracement at 1.9511. Do take note these numbers here.
Current trades:Short from the top of 98xx and 99xx tp at 9607.
G/J
The range from the low to its high tht is 228.04 to 241.45..if we calculate a fibo retracement we can see tht it broke thru the 38.2% at 236.33 today(low),then it went up back to near 23.6% support only to slide down back again(take note it didnt hit 238.58. I am expecting to see it head to its 38.2% retracement again at 236.33 where if it is still strong then head towards its 50% retracement at 234.74. Do take note these numbers here.
Current trade: Short from 238.38 tp 236.43
Thts all from my simple analysis here.TQ.
