DislikedAnything is possible in the market. But for me it is important to clarify concepts. What does "we go north"? To me that means the price to go above 1.2746. Then to the south is enough to go under 1.2519. Yes. Such works. What do you think?Ignored
- #661,404
- Jun 24, 2012 11:43am Jun 24, 2012 11:43am
- | Joined Dec 2011 | Status: Trader | 2,927 Posts
swing it!
- #661,406
- Jun 24, 2012 11:55am Jun 24, 2012 11:55am
- | Membership Revoked | Joined Mar 2009 | 16,693 Posts
- #661,407
- Jun 24, 2012 11:57am Jun 24, 2012 11:57am
- Joined Jul 2010 | Status: Always manage your risk & leverage | 7,339 Posts
not euphoria follower
- #661,409
- Jun 24, 2012 12:03pm Jun 24, 2012 12:03pm
- | Membership Revoked | Joined Mar 2009 | 16,693 Posts
- #661,411
- Jun 24, 2012 12:31pm Jun 24, 2012 12:31pm
- Joined Nov 2008 | Status: fx indices commodities | 4,145 Posts
There wont be a 100 pip gap this time.. sofar only 6 pips difference
rat
- #661,412
- Jun 24, 2012 12:31pm Jun 24, 2012 12:31pm
- Joined Nov 2008 | Status: fx indices commodities | 4,145 Posts
.
rat
http://i45.servimg.com/u/f45/11/65/36/33/128.gif
http://i45.servimg.com/u/f45/11/65/36/33/217.gif
Hello guys,
I share with you my current view on eur/usd. I think that currently we are in wave 4 flat correction. I'm waiting for the the sign where the wave c of ABC correction will end. If you look closely on the lower timerframe it looks that we might have ended the wave C at 1.2572 (second chart) though I'd rather short it at 1.2587. It's few pips above Friday's high so I assume that there are a lot of stops and big boys will be tempted to trigger them and accumulate nice short position (pure order flow). Other possiblity hangs on 1.2608 (supply level + 50% correction of wave 3 + near psychological level - same story, probably a lot of stops at and above 1.2600 which are begging for hit
looking forward to your comments
http://i45.servimg.com/u/f45/11/65/36/33/217.gif
Hello guys,
I share with you my current view on eur/usd. I think that currently we are in wave 4 flat correction. I'm waiting for the the sign where the wave c of ABC correction will end. If you look closely on the lower timerframe it looks that we might have ended the wave C at 1.2572 (second chart) though I'd rather short it at 1.2587. It's few pips above Friday's high so I assume that there are a lot of stops and big boys will be tempted to trigger them and accumulate nice short position (pure order flow). Other possiblity hangs on 1.2608 (supply level + 50% correction of wave 3 + near psychological level - same story, probably a lot of stops at and above 1.2600 which are begging for hit
looking forward to your comments
- #661,414
- Jun 24, 2012 12:45pm Jun 24, 2012 12:45pm
- Joined Mar 2006 | Status: Chase that Dollar .. | 1,416 Posts
- #661,417
- Jun 24, 2012 2:13pm Jun 24, 2012 2:13pm
- Joined Nov 2008 | Status: fx indices commodities | 4,145 Posts
rat
- #661,419
- Jun 24, 2012 2:32pm Jun 24, 2012 2:32pm
- Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
i wake too early (5:00) am today (now 5:30), it usually my bed time
looks market going to open around 43 ~ 50.
looks market going to open around 43 ~ 50.
Mohan 