So then...if that all plays out, then the daily target basically matches the weekly target that I have been trading towards for weeks at 5294. Ok, off by 3 pips.
Weekly:
Weekly:
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Re: EurUsd short term 15 replies
did oanda just drop its spread for eurusd to 1 pip? 11 replies
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DislikedHi PC,
have another game plan:
this is a wave 4 action (up). It should ideally go to the wave 4 area of one lesser degree. That would be up to around 460.
Than wave 5 action down to around 4465 to 440.
NFP then will lead to a push higher for a corrective wave 2 (higher degree) which could test and target 4770Ignored
Dislikedwe missed most mids today. this is the first one since the fall to hit. the upper one is usually a good place. (opposite of trend side.) for entry. because it takes power to break the mofu, then continue.. the upper one in this case is on the better then 50/50 side. you need a long candle to cross.. usually one candle.. the last h closed in the mofu (below the mid).. so the cross atm should be rejected..Ignored
DislikedOh sorry, forgot to mention:
expect a complex correction for the recent wave 4Ignored
Dislikedok so EU 61.8 fib of the entire daily move puts us around 1.44589....currently the 50 fib is where we are dancing 1.45521
Is the former (1.44589) where u are looking to arrive (at least as a sign post?)
Does 1.46 seem like a good place to add then?Ignored
DislikedSo then...if that all plays out, then the daily target basically matches the weekly target that I have been trading towards for weeks at 5294. Ok, off by 3 pips.
Weekly:Ignored
DislikedThat's nice analysis. Let's see what tomorrow brings or end of week.Ignored
DislikedOh sorry, forgot to mention:
expect a complex correction for the recent wave 4Ignored
DislikedI'm back guys - still sticking to my plan:
buy at 1.4580
buy at: 1.4610
buy at: 1.4635
buy at: 1.4655
close at: 1.4670
profit: +30pips +25pips + 20 pips +15pips
Anyone to join?Ignored
DislikedHi PC,
have another game plan:
this is a wave 4 action (up). It should ideally go to the wave 4 area of one lesser degree. That would be up to around 460.
Than wave 5 action down to around 4465 to 440.
NFP then will lead to a push higher for a corrective wave 2 (higher degree) which could test and target 4770Ignored
DislikedIm so lame when it comes to Elliott wave. For some reason Ijust cant wrap my brain around itIgnored
DislikedOf to bed.
Cloggies been ignoring me all day . Must been put on his iggy list. Done with my research for historical SRs in this area.
Trade well.Ignored
DislikedYou got a plan ? with that list ?
part of plan should be look at your weekly charts for s/r lines
here you go .. each one of those BUYS is in a MAJOR cluster of s/r from 1.4620 up. That is why I mentioned to pip chick sell 4620 on a test
You want to trade like that go right ahead it is your money to lose
Your long should have been 1.4530 to 1.4600 maybe
AttachmentIgnored
DislikedSo "IF" the previous daily candle low (4509) holds, "THEN" the daily target becomes 5291.
Daily Targets:Ignored