- #97,521
- May 19, 2009 6:13am May 19, 2009 6:13am
- | Membership Revoked | Joined Apr 2009 | 2,726 Posts
- #97,524
- May 19, 2009 6:18am May 19, 2009 6:18am
Do you have a harmonic MetaTrader indicator that you would be so kind as to share?
sorry I dont have anyone. its easy to determine them in charts.
the sell signal has not been activated yet. 1.3609 it will get activated.
otherwise still upward. 1.3609 is both the sl of my last opened position that is in +175 pips now and also my trigger for new downward wave. 
- #97,529
- May 19, 2009 6:38am May 19, 2009 6:38am
- | Membership Revoked | Joined Apr 2009 | 2,726 Posts
sorry I dont have anyone. its easy to determine them in charts.
the sell signal has not been activated yet. 1.3609 it will get activated.
In my opinion, a better set up should be when PA formly cross R1, and then sell at retreat around 1.3600.
Also, we are in a bull trend, and the equity market seems also bull today. So whether the following down is just a retreat or a downtrend is not easy to say. Wait for the US data, see what would happen.
If the data is bad, but the equity is still up, we may experience the same happened in last Friday. If both is bad, Euro should down.
thats my thought
- #97,532
- May 19, 2009 6:47am May 19, 2009 6:47am
- | Joined Feb 2008 | Status: Live long and have fun :) | 1,386 Posts
Thing like this don't happen all at once, like I said it's likely to range for a while before crashing. btw, you can look at 4h of the previous top on daily - the behaviour there certainly had strong simularities aspecialy in terms of this long retrace we had now, but the top there was first and less convincing (not this nice h&s) so once it starts going down for real, maybe in a few hours or maybe tommorow morning - it should be quite a ride both in size and speed. That's my opinion at least...
On the path to Enrichment.
- #97,536
- May 19, 2009 6:59am May 19, 2009 6:59am
- | Joined Feb 2008 | Status: Live long and have fun :) | 1,386 Posts
On the path to Enrichment.
- #97,537
- May 19, 2009 7:03am May 19, 2009 7:03am
- | Membership Revoked | Joined Apr 2009 | 2,726 Posts
- #97,540
- May 19, 2009 7:14am May 19, 2009 7:14am
- | Membership Revoked | Joined Apr 2009 | 2,726 Posts
Thing like this don't happen all at once, like I said it's likely to range for a while before crashing. btw, you can look at 4h of the previous top on daily - the behaviour there certainly had strong simularities aspecialy in terms of this long retrace we had now, but the top there was first and less convincing (not this nice h&s) so once it starts going down for real, maybe in a few hours or maybe tommorow morning - it should be quite a ride both in size and speed. That's my opinion at least...
Also seen your daily target come and go and come again.