I am looking at 15 m chart and I see a first five waves impulse and the last fifth wave is just about to finish now at 1,3008. If I see a retracement move to the level of around 1,303 where more less is the end of the fourth wave and 50% retracement I think it might be a good point to ente a market on the short side.
- #703,982
- Oct 7, 2012 7:45pm Oct 7, 2012 7:45pm
- Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Be hopeful in a winning position, and fearful in a losing position.
- #703,985
- Oct 7, 2012 7:54pm Oct 7, 2012 7:54pm
- Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
Mohan 
- #703,986
- Oct 7, 2012 8:00pm Oct 7, 2012 8:00pm
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
New voice message: Why are you calling me? If I need you, I'll call you!
- #703,990
- Oct 7, 2012 8:04pm Oct 7, 2012 8:04pm
- Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
Mohan 
- #703,997
- Oct 7, 2012 8:35pm Oct 7, 2012 8:35pm
- Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Be hopeful in a winning position, and fearful in a losing position.
- #704,000
- Oct 7, 2012 8:43pm Oct 7, 2012 8:43pm
- Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Be hopeful in a winning position, and fearful in a losing position.