EURUSD

when above 4053 it has gravity.

eurusd weekly period

1,4232 strong resistans,

http://img811.imageshack.us/img811/6216/yro.gif

5m and day. waiting for second signal.

Morning buddies,

I see it did the retest while i was in bed .

If it follows previous patterns a move up is next at some point especially with dollar down.

And boj said they ready to take appropriate action on monetary steps with view to economic price . if they do this will probably affect all usd pairs. so possible price is moving now to anticipate such action.

As always just my humble view.

Buy dip is probably more secure bet now that it moves past 1.4 on a strong uptrend. It is hard to bet against trend. Perhaps 1.4 is now a support for the up move.

It moved? No seriously sht or get off the pot bulls.

did your first signal hit. where do you think the euro will end up a double top formation?

4089/92 developing into short term resistance

yeah; test of gravity I think would be 1.3995 - falls below there, I would 'consider' a short

1st failure.

it wants to go here... it may not make it.. we will c.. signal 2 is close

I have updated the count. Pics on my blog.


Hello and good morning everybody,

Since yesterdays top market consolidated downdrifting and build. so far, a wxy-x-z formation, which structure is zigzags.

Top of red wave 1 and end of red wave 4 came very close, but did not met. Therefore the whole formation, wave red 1-4 could not be considered a ending diagonal.

After the conclusion of wave red 4 one would expect an impulsive upward move, but again, like the whole wave 1-4, it looks rather corrective.

Implications:

Maybe wave 4 is not ready yet. Maybe this downleg was the A-wave of a bigger Zigzag, where the C-leg would have the chance to get in territory of wave red one definitely to make the whole up-wave a ending diagonal.

So be cautious with going long here.

Hedge your bets,

oh jesus ... its another it wants to go up but it wants to go down days

im short

from 1.2760 to present - 5 conseq bull candles on the weekly

Well thats what makes the market.....!!

Its testing some MAs down, it reloads, 1.4095 is not a level to fail

http://www.inewscatcher.com/timages/...b31501daf1.jpg

tp?

i have these areas.. went short from 87 an closed at 80..