EURUSD

Joy

SL = ?

looks like it's gonna have another attempt, if it doesn't go through I'm covering...

I'd be really surprised if we don't find some long stops in this area. Support area has been hit multiple times and it's making a go at breaking it.

What kind of trader are you momentum? or swing? i am really looking for that big move during the European session

sh from 878, sl to b/e

just me too.

3905

also the time of day as a lot to do with this E/U is mainly traded from 12am est to 12pm est you have to take this into account before pulling the trigger/
E

your target 1.3770 ?

more stops below 830 I reckon...

dono.. im looking at abc and gartly. for 3333 plus. read weekend post

looks like the Euro is pulling back for now, 1.40 was the high, will see,

right,trend down. my chart retracement ABC pattern.

Next level of resistance is 1.4076

WPP gonna hold as new Res?

RECAPITULATION :

Highest been given has been 1.40130 yesterday ... lowest been taken has been 1.38664 after this high ... (until IMM closing)

Risk is growing at the downside ... while below 1.4030 - 1.4066 ... possibly 1.3945/ 40 ... Wellington low again ... during Asian Session ...

Cross of below 1.3916/ 01 ... and one more sell off towards 1.3876 - 1.3847 ... or even towards 1.3795 - 1.3765 should be possible then ...

Only a break of 1.4066/ 77 limits would be a bullish trigger again ...

We were selling ... and a cross below 1.3916/ 01 was expected later then ...

Schaun wir mal ... and it still does not look soo funny for bulls atm ...

http://cdn.forexfactory.com/images/attach/gif.gif 2010-10-11 _ zigzagtracktracer (18h46 CET) EUR-USD 005min _ 000.GIF (31.0 KB)

Elliott :

Projection : Correction ZigZag 1.3879 + 1.3833 from 1.4029 ...

Note : bearish parabolic SAR in both settings triggered ...

Entry stops and acceleration below 1.3949, Key points below 1.3949 ...


Bis denne ... palim palim ...

And now we have got the daily closing numbers ...


;-)


http://cdn.forexfactory.com/images/attach/png.gif 2010-10-12_00h49_ EURUSD _ 010min _ (all ind).PNG (30.3 KB)


Outlook:

Elliott :

Projection : Correction ZigZag 1.3834 or irregular flat down 1.3793 from 1.4013/ or 1.4029 ...

Valid as long as 1.3899 - 1.3919 may act as a resistance zone ... 1.3940 would dampen this view ...

Pivotal Strategy :

As long as above 1.3862 - 1.3852/ 49 zone ... one more re-test to cross above 1.3971 and reaction towards 1.4028 - 1.4065 is possible again ...

Supports near 1.3832 - 1.3824 (DPS-1) and 1.3813 (Key) must hold ... if upside should be kept intact ...

Cross of below 1.3794 would dampen the upside ...

Break of below 1.3772 would open the downside ...


das isses erst mal ... palim palim ...

btw ej is testing 113.93 below it abc says about 700/760 pips

Alarms woke me up. Propagation.......let's see if it sticks....I was expecting a few more death throes....

Here's a stimulus for the bears. Considering "measured moves" we initially went from 1.1876 to 1.3334= ~1500pips then down 800 pips after that we went from 1.2588 to 1.4029= ~1500 pips may be another 800 pips down?
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