EURUSD

well it depends. this method is still in progress. i have several different charts with different years of projections. (oldest one goes back to early late 90s early 2000)this particular one is a short-term bear from the top, so a week or so. not ready yet to disclose it yet.

another way I do it is I use various fib levels. pay attention to gator or hatch as they utilize similar technique in a successful way. other than that all I can say is that you will find your own methods that you will incorporate. its really simple and straight forward.

credit goes to you PTL. I would not be looking at that pair if it wasnt for your influence.

well we will see if you feel the same way after trading it for a while.......its quite a bastard...

Tesekkurler dostum ( Thnx m8 )...

i said guys so i gain pips

Allow me to plagiarise.

Supports is DEAD i am in a short @1.4286, 84, 81, 78 ... Goodluck every one

Really close to break down hourly swing index now.
Is it just lovely when it went to test hourly 10 ema just to see it drop

Would be better to see DJI fall with Crude, then it would be nice and clear.

23.6% fib ret + d zone @ 4240, let's see...

if it breaks dpp of course...

edit: 127% fib ext also at 4240...

327 billion!!!

This is in response to the 2 members that were mentioning about the price going lower in the 2 posts below:

ProFX:
http://www.forexfactory.com/showthre...26#post4652326

Fontu
http://www.forexfactory.com/showthre...15#post4652315

I answered Fontu's post here:
http://www.forexfactory.com/showthre...79#post4652379

But on the same token, I should mention that I really dont know WHY price moves, all I know is that price moves wherever it wants to, and in doing so it will respect or breach trendlines.

The tenacity and the tendency and the speed that it breaks these lines are indications of its intention to go upwards or downwards. No matter what the Elliot Wave Count tells me.

This is what the 2 charts are telling me:

H1
On this time frame we can see price hugging the larger red circle and trying to avoid a down move. If it moves down it will go and land on the blue circle,

but wait a minute...

There is a very very powerfull smaller red circle over there, very close to the big blue one.

The currency DOES NOT like that spot. It is trying to avoid it with whatever means it can. It couldnt break it with a 130 pip move.

It needs momentum to go through the red circle and by pass the small red circle with a considerable amount of force. it does not have that potential energy

So what is the typical behaviour?

It will sit at 4260-4340 for a while until it finds a quick way to move up, gain some energy before falling down, so that it will really break the camels back.

From a behaviour perspective it will go higher.

M15
Price is still getting respected within the vicinity of the round circles and staying within the 4260/57-4280 (roughly speaking) region and respecting the cruvatrues shown. A move up to 4330 region is expected some time soon.

Hi everybody
Does anyone know if there is any Indicator that could plot angle grids? I know one that draws horizontal lines but any that could paint them in an angle and without the vertical lines? Thanks and good pips to all!

much stronger support coming in around 419x...

do you mean fibonacci fans or equidistant channels?

L 4264

2day only scalping .. dam its hard work to earn few pips in small range movement

Guys Again in Germany and France Markets are failing Refill your shorts in there we, Euro Will be fall again trust me !! Aiming 1.424x..

new broker. same results. fingers crossed. 1 more day for a perfect May.
note: Greece implosion likely.

http://www.facebook.com/pages/Macro-...74691629226392

...

C&H cup done .

any one for coffee