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  • #15,881
  • Edited 5:29am Nov 20, 2012 3:27am | Edited 5:29am
Quoting T@rantula
Looks very interesting, nice charts coinciding with bulllish scenarios.
if these bulllish scenarios pans out, 1.2700 may be the new "line in the sand" as in the 1.2800 line during September & October..
Near term targets for bulls may be 1.2888 on the narrow & 1.2968 on the wide..
weekly above 1.2968 opens up another probe @1.32/1.35..
  • #15,882
  • Nov 20, 2012 4:39am Nov 20, 2012 4:39am
New high has been made, 2820. We are on a way to 2840-50 short term.
  • #15,883
  • Nov 20, 2012 6:12am Nov 20, 2012 6:12am
Quoting T@rantula
New high has been made, 2820. We are on a way to 2840-50 short term.
mostly u are right, but i hate this wicks on m15 chart. I closed long with 7 pips and waiting for shorts.
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  • #15,884
  • Nov 20, 2012 6:14am Nov 20, 2012 6:14am
Quoting MJurban
mostly u are right, but i hate this wicks on m15 chart. I closed long with 7 pips and waiting for shorts.
I know...PA is behaving weirdly- I cannot short now, would like 2840-50 area.
  • #15,885
  • Nov 20, 2012 8:12am Nov 20, 2012 8:12am
2830 has been hit...can we have more than that?

Hmm...
  • #15,886
  • Nov 20, 2012 8:25am Nov 20, 2012 8:25am
Quoting T@rantula
2830 has been hit...can we have more than that?

Hmm...
Nooo. Well yes we can but my level was 2829. Now if 2765 breaks. We got 2704 then last resort for more corrective up is 2688. Break of that then amen!! 5th wave leg will then Be on its way IMO. Then get ready for bull somewhere in 25 region.

And upside I have 2945, 2881 which I believe is too obvious a level. So probably will drop when in 1.29 level. Still look for shorts IMO though
  • #15,887
  • Nov 20, 2012 8:45am Nov 20, 2012 8:45am
Quoting jaylovin
Nooo. Well yes we can but my level was 2829. Now if 2765 breaks. We got 2704 then last resort for more corrective up is 2688. Break of that then amen!! 5th wave leg will then Be on its way IMO. Then get ready for bull somewhere in 25 region.

And upside I have 2945, 2881 which I believe is too obvious a level. So probably will drop when in 1.29 level. Still look for shorts IMO though
That h4 extension of the bullish PA pointed towards 2840-50, well 2830 that is the top atm,yet again has more room to go up. As long as the price is above 2750, buy the dips is ok
  • #15,888
  • Nov 20, 2012 10:26pm Nov 20, 2012 10:26pm
Quoting infinitus
1h TF



when the suggested ABC-flat count is right, then it would be nice to see another small attempt higher, but that is not necessary:


when I measure the top of the blue A and the bottom of blue B I get a A=C target of around 2806, which we have taken out a bit, but are staying in the blue base channel

when I measure not from the top of the blue A but take the following top (the B-wave top inside wave blue B) @ 2802, we need now 2831 for A=C


when wave blue C should get an impulse, we might now be in wave 3 of it (maybe subwave...


that was on Monday......


now today - this rapid move down has sorted some counts out


Break below 2710-15 might result in forced downside. But DS3 at 2714 may call for a retracement first
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  • #15,889
  • Nov 20, 2012 10:30pm Nov 20, 2012 10:30pm
long EURJPY 104.29

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  • #15,890
  • Nov 20, 2012 10:36pm Nov 20, 2012 10:36pm
Quoting infinitus
that was on Monday......


now today - this rapid move down has sorted some counts out


Break below 2710-15 might result in forced downside. But DS3 at 2714 may call for a retracement first


with the delay of the EU decision regarding Greece debt till monday we might potentially face some more days of sideways movement - maybe we will see an ABCDE-triangle forming here. Since many Elliotticans see us here in a wave 4 and expect one more move down, a triangle here would fit in perfectly
  • #15,891
  • Nov 20, 2012 10:42pm Nov 20, 2012 10:42pm
long EURUSD 1.2748..

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  • #15,892
  • Nov 21, 2012 12:08am Nov 21, 2012 12:08am
Quoting jaylovin
Nooo. Well yes we can but my level was 2829. Now if 2765 breaks. We got 2704 then last resort for more corrective up is 2688. Break of that then amen!! 5th wave leg will then Be on its way IMO. Then get ready for bull somewhere in 25 region.

And upside I have 2945, 2881 which I believe is too obvious a level. So probably will drop when in 1.29 level. Still look for shorts IMO though

nice... 2829 it was

ok i got 2688 wrong... its actually 2680 that needs to break... this is a level we are pretty much gauranteed to see now - of course not in a straight line... but we will probably bounce up from here... as infinitus says we are in complex wave 4 correction so could be another up then down again.
  • #15,893
  • Nov 21, 2012 1:44am Nov 21, 2012 1:44am
Bearish action today, we can see that EU has dropped in Asia session.

Entries should be around 2760-70. Interim resistance is 2780 so stops around 2785.
  • #15,894
  • Nov 21, 2012 1:56am Nov 21, 2012 1:56am
Quoting cdndollar
long EURJPY 104.29

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1/2 off here @104.78.. stop @+8

morning T..
  • #15,895
  • Nov 21, 2012 1:59am Nov 21, 2012 1:59am
Quoting cdndollar
1/2 off here @104.78.. stop @+8

morning T..
Morning CND and morning all!
  • #15,896
  • Nov 21, 2012 2:22am Nov 21, 2012 2:22am
Quoting T@rantula
Bearish action today, we can see that EU has dropped in Asia session.

Entries should be around 2760-70. Interim resistance is 2780 so stops around 2785.
Where are you targeting T? I see many still bullish I expect big fight lower down and also reversal higher at 2680 for one more corrective high anywhere up to 1.2920. Breaking 2680 by 10 pips then forget upside
  • #15,897
  • Nov 21, 2012 2:52am Nov 21, 2012 2:52am
Quoting T@rantula
Bearish action today, we can see that EU has dropped in Asia session.

Entries should be around 2760-70. Interim resistance is 2780 so stops around 2785.
Stops above 279.. would be better off as most of the times this pair has touched 2787.. and turned back down - but still think that 2858 is reachable - to obtain supply and mainly this is not a clear trend to just make new lows without a kiss to a strong supply zone - also confusing many with bearish outlook
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finding A M S
  • #15,898
  • Nov 21, 2012 3:08am Nov 21, 2012 3:08am
Quoting cdndollar
long EURJPY 104.29

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all out here @104.98..
  • #15,899
  • Nov 21, 2012 3:44am Nov 21, 2012 3:44am
EU has failed to close below 70 and 85 was hit thus giving -10 to -20 as SL has been hit.

Failure of 85 is best seen on range bars, so we can see again that the price is being manipulated.

Gonna do another calculation later.
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  • #15,900
  • Nov 21, 2012 3:47am Nov 21, 2012 3:47am
Quoting jaylovin
Where are you targeting T? I see many still bullish I expect big fight lower down and also reversal higher at 2680 for one more corrective high anywhere up to 1.2920. Breaking 2680 by 10 pips then forget upside
Targets should have been 2740 and 2715 with 2695 later in the day.
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