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  • #643,301
  • May 15, 2012 4:40am May 15, 2012 4:40am
Quoting mohan76
a
may be most of them holding shorts

350 experts participating in survey, and another few hundreds predicting result
That means we are likely to see 1.2550. Now let's see what's there for us in short term.
The Thief of Wall Street
  • #643,302
  • May 15, 2012 4:52am May 15, 2012 4:52am
Quoting nawafasad1
there is a lot of reasons that bears should be alerted st these levels on short term there should be a bounce nothing goes in a straight line . the first leg finished or i should say it might ve been finished



Elliott Wave wise we may have seen the end of a somewhat bigger subwave 1 (down) (3267-2813)

Counter target for this wave is 2940, 3001 or 3062, in case of extension 3104

At this point I will go with 3001-3062, but we will see. It vastly depends on the developmens in good old Europe


With that said, it is important to notice, that, when the count is right, we are at the beginning of a wave 3 of several degrees.

So retracements may come short lived. We shall keep that in mind.......
  • #643,303
  • May 15, 2012 4:56am May 15, 2012 4:56am
Thinking we should see a small retracement..
  • #643,304
  • May 15, 2012 5:06am May 15, 2012 5:06am
Quoting duyk20
Thinking we should see a small retracement..
retracement to where? up or down?
  • #643,305
  • May 15, 2012 5:12am May 15, 2012 5:12am
eur/gbp sell 0.7992 sl 0.8042 tp 0.7800
More on my Blog...
  • #643,306
  • May 15, 2012 5:13am May 15, 2012 5:13am
Quoting infinitus



Elliott Wave wise we may have seen the end of a somewhat bigger subwave 1 (down) (3267-2813)

Counter target for this wave is 2940, 3001 or 3062, in case of extension 3104

At this point I will go with 3001-3062, but we will see. It vastly depends on the developmens in good old Europe


With that said, it is important to notice, that, when the count is right, we are at the beginning of a wave 3 of several degrees.

So retracements may come short lived. We shall keep that in mind.......
thank you for this i needed your opinion as i do value it
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  • #643,307
  • May 15, 2012 5:13am May 15, 2012 5:13am
Quoting Chicky
That means we are likely to see 1.2550. Now let's see what's there for us in short term.
miss you sir
If there was easy money lying around,no one would be forcing it into your
  • #643,308
  • May 15, 2012 5:22am May 15, 2012 5:22am
The good thing i can do is to shutdown the laptop and comeback friday to see eurusd above 1.3 Inshallah
  • #643,309
  • May 15, 2012 5:25am May 15, 2012 5:25am
ladies is boring brit pairs is tapping big supports again
If you are new to Forex? Say Goodbye to your account!!
  • #643,310
  • May 15, 2012 5:26am May 15, 2012 5:26am
e/u sell 2855 sl 2875 tp 2795
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  • #643,311
  • May 15, 2012 5:29am May 15, 2012 5:29am
Quoting mv6
e/u sell 2855 sl 2875 tp 2795
nice entry , but take care your sl, maybe you should move it higher.
Keep Simple...!
  • #643,312
  • May 15, 2012 5:33am May 15, 2012 5:33am
Quoting Seki
retracement to where? up or down?
A temporary reversal in the direction of an instrument that goes against the prevailing trend. A retracement does not signify a change in the larger trend. On a chart where an instrument's price is generally headed upward, retracements are the small dips in price that the instrument experiences during its overall upward trend. Whether an investor identifies a change in an intrument direction as a retracement or a reversal will impact how he responds to it.
http://i.investopedia.com/inv/dictio...etracement.gif


Read more: http://www.investopedia.com/terms/r/...#ixzz1uvv4qHOv

Now you can figure out up or down

  • #643,313
  • May 15, 2012 5:41am May 15, 2012 5:41am
Quoting Seki
retracement to where? up or down?
I suppose it depends on tf but surely he means up!!!!!!

I'd be interested to see how a retracement down would work currently
  • #643,314
  • May 15, 2012 5:57am May 15, 2012 5:57am
somebody could spike it a bit up so i can short
  • #643,315
  • May 15, 2012 6:03am May 15, 2012 6:03am
Is anybody keeping at eye on greek parties meeting? They should be around this time...if they announce a coalition there could be a big spike (maybe you can short then...lol).
  • #643,316
  • May 15, 2012 6:09am May 15, 2012 6:09am
Quoting Razvan
Is anybody keeping at eye on greek parties meeting? They should be around this time...if they announce a coalition there could be a big spike (maybe you can short then...lol).
haha, maybe, just considering long as dont like to short yet, will see in few minutes
  • #643,317
  • May 15, 2012 6:11am May 15, 2012 6:11am
Quoting Razvan
Is anybody keeping at eye on greek parties meeting? They should be around this time...if they announce a coalition there could be a big spike (maybe you can short then...lol).
Most important price moving news today imo - more important than US data, move will be brutal.
swing it!
  • #643,318
  • May 15, 2012 6:15am May 15, 2012 6:15am
Quoting Fx.med
The good thing i can do is to shutdown the laptop and comeback friday to see eurusd above 1.3 Inshallah
aameen.
When Scalpers win, I lose and Vice varsa...
  • #643,319
  • May 15, 2012 6:18am May 15, 2012 6:18am
Quoting Razvan
Is anybody keeping at eye on greek parties meeting? They should be around this time...if they announce a coalition there could be a big spike (maybe you can short then...lol).
Im watching Greek news live.Will post imidiatle when they say somethink.Atm they are all in meeting
  • #643,320
  • May 15, 2012 6:20am May 15, 2012 6:20am
will test 1.2800.
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