DislikedThat is what I initially had but this would be a mighty big wave A, guess it's possible.Ignored
Plus I would probably say a truncated fifth due to the depth of correction here....IMHO
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DislikedThat is what I initially had but this would be a mighty big wave A, guess it's possible.Ignored
DislikedNot a bad spot but a bit late in the week to open a new trade. Til next week when we do it all over again! Starting to question another 5th wave high above 1.5 at this point. I'm also having trouble counting the waves off the top now.Ignored
DislikedI do not know: if this move down from the top was an A-wave, wave B could bring us back into the heart of this move down at around 4650. A measured move of 100% of wave A would bring us down to around 400.
At 400 I have the lower line of a pitchfork which has its root at 1.18
That will be a very interesting point.
But since the price had never reached the upper line of the pitchfork since start of January, chances are very high that we will break it. But I will not count the chicken before this break of the pitchfork.Ignored
DislikedNice pips over the two days... Will keep an eye on this setup if PA holds for next week...
slan go foill mo charaIgnored
DislikedIf we retraced a solid 61.8% from here....14860 easy...Im only scalping short...it can be scary on a cliffIgnored
Dislikednot to long ago they were rioting about cut backs to their pensions....now correct me if I'm wrong Aren't their pensions in Euro's ? So if they leave their willing to be cut from 80% down to Nothing? Who are they kidding....Ignored
DislikedI think that was 5 of larger 3...the drop down is the start of what will probably kick off a painfully winding large wave 4....N/J was in one last summer...made mad $$$ on itIgnored
DislikedHi Pipper,
EW wise the chances for that scenario are not given. We have a very clear 5 wave impulse down.
If we see it with USD bearish eyes, you can await a bounce up on Monday/Tuesday (maybe 50% of the downmove), but then another move down between 62% and 162% of the recent move down.
After that new highs are probably.Ignored
Dislikedi have learned a lot from both of them that's for sure. gleneagles 12 pip targets within a 20 pip range makes it so easy for me to see good trades. cloggie got me started in this direction and between the 2 i have found my style of trading. you better know i am sticking with the eagle eye but would like to keep in touch and compare s/r's with cloggie also ... know what i meanIgnored
Dislikedsame to you hatch and you have a great weekend.
don't show my picture around too much okIgnored
DislikedI am done for this week, here is my Statement for this week:
After Cut Losing around 7,000 USD on first half, I managed to recover 5,200 USD of it so far in this week, I have to make 1,800 + 8000 USD next week because I already have another withdrawal of 8k lined up on this account on 16th of this Month. This was a fundamentally charged week and I had to work very hard for last 3 days to recover my losses made earlier in the week.. All the best everyone for next week.
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DislikedAs usual, the EU is showing the same reaction at these levels. But this time it is all about the fall of 2007(see chart attached). The fundamentals are continuing to unfold. But the issue is not the breakdown of the monetary union, its the breakdown of the political union which will be the inevitable consequence. The exit of Greece, Portugal, Ireland, if it should happen at that stage, will be sold as a positive to the "markets" and the EU will continue its rally to higher levels. It will come to an end when the political breakdown will be at...Ignored
Dislikeddon't get too mad at me, but that is a tattoo I have on my left arm
all the way togetherIgnored