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EURUSD

  • #313,261
  • Oct 25, 2010 9:45am Oct 25, 2010 9:45am
Quoting infinitus
Hello altogether,

hope you had a nice weekend.

EURUSD now in an ABC up correction. The movement from 3858 can be seen as a C-Wave of this formation. This C-Wave is an impulse, where I can count wave 1 to 3, wave 4 maybe has ended and we are in the last wave 5 up.

But as every time in this whole corrective mess since mid October, there is a descend chance, that 4080 was the top, and we are now in a decline in direction towards 3672

From the look and feel on various TF's I would mainly go with the first one.

Counts are updated now on...............

Im in this count too infinitus... My targets to the last wave 5 of the big C leg in the daily chart are 1.4207 and 1.4354
  • #313,262
  • Oct 25, 2010 9:45am Oct 25, 2010 9:45am
Bounce and going long @ 1.3965
Disclaimer: Check your 1m charts
  • #313,263
  • Oct 25, 2010 9:48am Oct 25, 2010 9:48am
Quoting Merry
bounces nicely so far.
  • #313,264
  • Oct 25, 2010 9:48am Oct 25, 2010 9:48am
Quoting pipper
Bounce and going long @ 1.3965

65 Or 85 !?

  • #313,265
  • Oct 25, 2010 9:50am Oct 25, 2010 9:50am
Quoting Mr Hatch
shit, i thought that might be a 3-3-3-3-3 ld. *cry*

Mr. Hatch, if you look in the internal eave (15 min or 5 min) we had a 3-3-3 before broke that trend line
  • #313,266
  • Oct 25, 2010 9:51am Oct 25, 2010 9:51am
Quoting Merry
65 Or 85 !?

72
I SEE YOU !!
  • #313,267
  • Oct 25, 2010 9:51am Oct 25, 2010 9:51am
Quoting Mr Hatch
shit, i thought that might be a 3-3-3-3-3 ld. *cry*
I can see Expanding triangle completed in 60 and 240 min chart with 3-3-3-3-3 which can be complete the wave 5. But we should expect impulse move to south very soon, to support our count, i.e. wave 1 should start immediately any time in wave 3 larger degree (Daily Count), If it's not started, then still we are in the wave 4 under C. and expecting the wave 5 push higher
  • #313,268
  • Oct 25, 2010 9:52am Oct 25, 2010 9:52am
Quoting Mr Hatch
shit, i thought that might be a 3-3-3-3-3 ld. *cry*
did you try 1-2-3-1-2-3?
The Market pays you to be disciplined
  • #313,269
  • Oct 25, 2010 9:54am Oct 25, 2010 9:54am
long again @ 3974
still targeting 4040

lol , i can keep doing this all day
I SEE YOU !!
  • #313,270
  • Oct 25, 2010 9:55am Oct 25, 2010 9:55am
I'll wait till 65

Quoting dbfusion
72
Disclaimer: Check your 1m charts
  • #313,271
  • Oct 25, 2010 9:56am Oct 25, 2010 9:56am
it's shorttttttttttt (show) time
  • #313,272
  • Oct 25, 2010 9:58am Oct 25, 2010 9:58am
and it went down finaly good to enter more longs here, it may go to the daily Pivot point at 3923 and come back up, or keep going who knows, lets just get there first, I'm not in yet , waiting to go long, looking the one minute, 3 m and 6m to enter after the turn of the tree.........
The Chonchy
  • #313,273
  • Oct 25, 2010 9:59am Oct 25, 2010 9:59am
Quoting pipper
I'll wait till 65
I am already in the market , honestly the PA doesn't look that promising this time .
possible BS sideways action
I SEE YOU !!
  • #313,274
  • Oct 25, 2010 10:01am Oct 25, 2010 10:01am
going Long ! looks like short move has tired out.

tP: 4050
  • #313,275
  • Oct 25, 2010 10:03am Oct 25, 2010 10:03am
out of market

enough 90pips for today
I SEE YOU !!
  • #313,276
  • Oct 25, 2010 10:05am Oct 25, 2010 10:05am
10 day SMA is at 3940, 62% ret is at 3944
  • #313,277
  • Oct 25, 2010 10:06am Oct 25, 2010 10:06am
Quoting DrLobo
going Long ! looks like short move has tired out.

tP: 4050
WHat is saying the move tired out?

Look at the big blue area where price likes to be!!!

Look at the trenlines,

The Market type is a trending market right now. It is not a ranging and it is not consolidating in the current market context.

Do what price is telling you to do now. Look ahead dont (price action - the now) look back. Use your money management to help you.
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Know when to hold em, Know when to fold em!
  • #313,278
  • Oct 25, 2010 10:07am Oct 25, 2010 10:07am
short with enough room to 1.3900
  • #313,279
  • Oct 25, 2010 10:10am Oct 25, 2010 10:10am
Quoting yuan83
short with enough room to 1.3900
lower
Thank You
  • #313,280
  • Oct 25, 2010 10:10am Oct 25, 2010 10:10am
We'll see how this long pans out

Quoting pipper
I'll wait till 65
Disclaimer: Check your 1m charts
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