EURUSD

okie dokie. you get a kick out of that video?...that makes 2373 which is close enough to 2377 for me. that is the next BIG number from 2133 that i have.

so we just need 2144.

[quote=No Stress;3760531]Still holding my short as free trade from 1.2385.

Could not come back at the old peak and fall again.

that's why i sold the 15M star @23549
BE+2 now. lets see what PA does with 23201 (Gator's bounce level) and MA50 on the M30.

gl to ya all

resuming normal operations i guess...

[quote=Petit Belge;3760562] ok, that's what it does with it
stopped out.
looking for new entry now

Yesterday i indicated that when it ran from 2250. Positive 1h MACD confirmed it. but who can say how long it can last

I think market is bull-orientated in short term, so i would watch eur/chf and usd/chf as a main trigger when they start to go opposite.

Using this with trendlines and rsi, stochs might give a good entry.

Setup and target in 1H...

This is counter trend (in H4 / D1), so careful with bull failure

hey... almost every major pair is leaving long-term downtrend... is anybody building small long positions for maybe 1000-1500 pips? looking for an exchange of information - what do if price retraces 200pips and so on...

Guten Morgen CAT ! Danke für Dein abgesetztes Sostratos Bulletin. Ich sehe es ähnlich wie Du meinem Chart entnehmen kannst. Frohes Schaffen wünsche ich Dir...

http://cdn.forexfactory.com/images/attach/png.gif 2010-05-28_09h45_EUR-USD_020 min_(RSI 8 + Channel 6 Days).png (24.2 KB)



2010-05-28_EUR-USD : Setup, Stance & Strategy



Friday 28 May 2010

EUR-USD :


Elliott : Setup, Stance & Strategy - Ex Rollover Situation - on a monthly, weekly and daily basis :

Monthly : Elliott : crucial reversal point
Monthly : It is likely to fall to 1.3054 or below 1.2796 in extension while 1.3373 - 1.3503 area offer resistance. Above 1.3632 the outlook could turn bullish.

Weekly : Elliott : crucial reversal point
Weekly : It may attempt a test higher to 1.2621 - 1.2780 after which weakness may set it to a drift down to 1.2251 or even below 1.2206 limit.


Today :


x - Day : Elliott : zigzag or flat correction 1.2474

Today : It should trade higher above 1.2395 - 1.2419 or even to 1.2453 while 1.2304 - 1.2274 or 1.2258 offers support. Stop is below 1.2212 zone.

Yesterday : Market should not go lower than 1.2171 - 1.2099. After this move down it should go up to 1.2282 - 1.2320 or even to 1.2375 / 88 area.

It should try higher up to 1.2359 - 1.2419. Entry point 1.2298 or 1.2261. After this rise, a corrective action is expected.


Elliott : Projection & Warning - on a monthly, weekly and daily basis :


Monthly : 1.5144 Projection > 1.0795
Monthly : Warning: -0-

Weekly : 1.3692 Projection > 1.1957
Weekly : Warning: End of trend

x - Day : 1.2154 Projection > 1.2474
x - Day : Warning: Engulfing pattern



ding ding dong


Schön dass Du immer mal wieder ab und zu hier herein schaust.

aud/usd attention guys...

It just broke the UTL ... time to go longgggg.. up to 1.2550

Agreed. 0.8600 is very key.

true, 868 imo

as long it won't break 2400...maybe will go down again..

crazy day ...

4h trendline resistance at 2400-10 but 1H rsi and momentum overcooking.
Hope it will be a good resistance.

no resistance till 1.245

take my words back 1.242 resistance

I wouldn't be surprised this continues rising in the UK and US session. I figure a lot of people are net short the euro, and will cover in advance of our memorial day weekend.

lol, broken on 1 tick