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  • #446,101
  • May 20, 2011 12:41pm May 20, 2011 12:41pm
Quoting fontu
yes some high lows i mentioned like 4211 , 4260 . first one important that the next wave not going directly down further without failure at some up and also 1st confirmation/suspecion may not further extension to down but for more confirmation need the previous wave top ,at 4260 to broke & confirm actiually the wave down as a whole or the last wave of the whole wave ended , if so it to retrace whatever smaller it be .They come from non-overlapping theory of elliot waves , though some excption there also like mofus wedge , triangles , channels etc...
really thank you ,master .

and the 4240 is the 50% point ,and 35 will be the 150ema on 5min chart .lets c.
A chart helps those who can read it.
  • #446,102
  • May 20, 2011 12:42pm May 20, 2011 12:42pm
Quoting darimik
oil is flirting with 100. a key level today
Thanks , ok , not seeing oil but watching gold. this last up is unreliable to me as C wave not ended at least failure stage & they may be preparing for big failure again . and so many other pairs like eu .
fontu
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #446,103
  • May 20, 2011 12:42pm May 20, 2011 12:42pm
6 x 12
1 x -8
1 x 1

total = 65

Everyone have a great weekend and see ya at the Sunday open

Cheers
Attached Image (click to enlarge)
Click to Enlarge Name: eu_m5.gif Size: 27 KB
  • #446,104
  • May 20, 2011 12:43pm May 20, 2011 12:43pm
Smartlive spreadbetting broker looks to have gone. You can't even log on to their site. Have they gone bankrupt?
  • #446,105
  • May 20, 2011 12:46pm May 20, 2011 12:46pm
FONtU gold we both agree on ... beer on me

i will wait for monday to take position on gold..
  • #446,106
  • May 20, 2011 12:48pm May 20, 2011 12:48pm
s 225 SL 235 TP 205
  • #446,107
  • May 20, 2011 12:49pm May 20, 2011 12:49pm
Quoting fontu
Thanks , ok , not seeing oil but watching gold. this last up is unreliable to me as C wave not ended at least failure stage & they may be preparing for big failure again . and so many other pairs like eu .
fontu
fontu, your chart gave me the idea also of a B wave triangle. Needs to fall from here soon for it to work out.
Attached Image (click to enlarge)
Click to Enlarge Name: 20may11gold.PNG Size: 23 KB
Don't have an ego. Always question yourself and your ability.
  • #446,108
  • May 20, 2011 12:50pm May 20, 2011 12:50pm
Quoting RamsesII
fontu, your chart gave me the idea also of a B wave triangle. Needs to fall from here soon for it to work out.
i like it
  • #446,109
  • May 20, 2011 12:50pm May 20, 2011 12:50pm
Quoting jaydc
FONtU gold we both agree on ... beer on me

i will wait for monday to take position on gold..
Thanks , sure but gold is a beast , control the greed in limit.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #446,110
  • May 20, 2011 12:52pm May 20, 2011 12:52pm
Quoting profx
s 225 SL 235 TP 205
SL BE
  • #446,111
  • May 20, 2011 12:54pm May 20, 2011 12:54pm
Quoting tsidki
agree on 1.4247 as point of a bit hard resistance
are you in Egypt too bro?
Yep
  • #446,112
  • May 20, 2011 12:54pm May 20, 2011 12:54pm
Quoting johnnyrei
euro will probably close on 1.4230
- correction - euro will close exactly at 1.4248
  • #446,113
  • May 20, 2011 12:54pm May 20, 2011 12:54pm
Quoting profx
SL BE
SL BE -5
  • #446,114
  • May 20, 2011 12:56pm May 20, 2011 12:56pm
Quoting geniusztc
30/40 ,i do not think price can broke that point ?
high price @ 32 ,sold @ 18 .lets c .
A chart helps those who can read it.
  • #446,115
  • May 20, 2011 12:57pm May 20, 2011 12:57pm
Quoting profx
SL BE -5
SLed +5
  • #446,116
  • May 20, 2011 12:59pm May 20, 2011 12:59pm
Quoting johnnyrei
- correction - euro will close exactly at 1.4248
exactly? hey friend ,how do you know ?
A chart helps those who can read it.
  • #446,117
  • May 20, 2011 1:00pm May 20, 2011 1:00pm
Quoting johnnyrei
- correction - euro will close exactly at 1.4248
why you think that euro close on 4248 ?
looking for investors . pm me
  • #446,118
  • May 20, 2011 1:01pm May 20, 2011 1:01pm
Quoting johnnyrei
- correction - euro will close exactly at 1.4248
Whats the logic behind it , I thought it should be a beyound imagination formula , a range ok not that exact, old close may not for next any .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #446,119
  • May 20, 2011 1:01pm May 20, 2011 1:01pm
eurusd short entry, long loss -15, long +0, short exit and long entry.
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  • #446,120
  • May 20, 2011 1:05pm May 20, 2011 1:05pm
Quoting ForexTreeGuy
Penny for your thoughts?


I suspect you did just fine today but what was it in you planning for limiting your run?

consolidation was extended so the build up for the move was there.

we saw the false break up.

volume was there so something caught your attention on a smaller t f and your box showed exist is the only thing i can think of to have you close out so soon.
It is wine /30 you up for the thought for today?
I did quite well today. Only posted a "teaser" trade here for the day, am not going to help the !d!ots that frequent this thread lately. I Pm'd a few with some additional levels and most did really good with them today.

I still have the "gone fishing" sign out and that will remain. Way too busy with my trading group today to post anything more here. The group did 1,400 pips this week, not bad going.
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