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  • #23,861
  • Jan 15, 2013 10:17am Jan 15, 2013 10:17am
Quoting DaddyBear
I think it is more like a bear flag http://www.forexfactory.com/attachme...1&d=1352834676than a wedge.
Yes and down she comes.....
The More You Learn, The More You Earn.....
  • #23,862
  • Jan 15, 2013 10:42am Jan 15, 2013 10:42am
I have just set my sl to even
  • #23,863
  • Jan 15, 2013 11:00am Jan 15, 2013 11:00am
Dropped 10 pips in less than10 minutes. A M15 Shooting Star has formed.
daddybearforex. com
  • #23,864
  • Jan 15, 2013 11:03am Jan 15, 2013 11:03am
Quoting DaddyBear
So what happened to this EWC now?

http://www.forexfactory.com/attachme...1&d=1358220846

This is the time when X comes to link a flat and a zigzag. The formation becomes A-B-C-X-A-B-C.
Now, I believe second wave B [or X] is completed.

http://www.forexfactory.com/attachme...1&d=1344106823
daddybearforex. com
  • #23,865
  • Jan 15, 2013 11:13am Jan 15, 2013 11:13am
Quoting e.trader
I have just set my sl to even
wow, stopped out at even... buh bye Aussie
  • #23,866
  • Jan 15, 2013 11:20am Jan 15, 2013 11:20am
I believe that if price makes a new high, it will make a few more new highs; or that if price doesn't make a new high, it will retest the low. Use the 1H and 15M for reference.
Play the players, not the cards.
  • #23,867
  • Jan 15, 2013 11:30am Jan 15, 2013 11:30am
Quoting DaddyBear
Now, I believe second wave B [or X] is completed.

http://www.forexfactory.com/attachme...1&d=1344106823

Thank you.

Having trouble at 564-66 level. See what is can do.

Still lg from 36 but willing to get stopped out if retest.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #23,868
  • Jan 15, 2013 11:59am Jan 15, 2013 11:59am
Quoting GnarlyPips
I believe that if price makes a new high, it will make a few more new highs; or that if price doesn't make a new high, it will retest the low. Use the 1H and 15M for reference.
Yes, I see 580 - 585 area as a ceiling now......
The More You Learn, The More You Earn.....
  • #23,869
  • Jan 15, 2013 12:01pm Jan 15, 2013 12:01pm
Quoting forexalien
Yes, I see 580 - 585 area as a ceiling now......
Back to 530 - 525 area now if she doesn't stick here.......I am trying a sell here.....
The More You Learn, The More You Earn.....
  • #23,870
  • Jan 15, 2013 12:03pm Jan 15, 2013 12:03pm
Quoting Mr. Scott
Thank you.

Having trouble at 564-66 level. See what is can do.

Still lg from 36 but willing to get stopped out if retest.
You don't take some profits ? 10 pip sl from here 560 ?
The More You Learn, The More You Earn.....
  • #23,871
  • Jan 15, 2013 12:05pm Jan 15, 2013 12:05pm
Quote
DB: Now, I believe second wave B [or X] is completed.

http://www.forexfactory.com/attachme...1&d=1358220846

A little hard to tell, is your X up or down?

Potential abcde contracting triangle on 4hr now. See what it wants to do.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #23,872
  • Jan 15, 2013 12:07pm Jan 15, 2013 12:07pm
Quoting forexalien
You don't take some profits ? 10 pip sl from here 560 ?
Got in this morning, just trailing it based on s/d zones. If it breaks, I am out with profit.

I see it failing here or breaking out, either way I want to be in until it is confirmed. Then might even look sh like you.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #23,873
  • Jan 15, 2013 12:15pm Jan 15, 2013 12:15pm
Wave X is up.

Quoting Mr. Scott
http://www.forexfactory.com/attachme...1&d=1358220846

A little hard to tell, is your X up or down?

Potential abcde contracting triangle on 4hr now. See what it wants to do.
daddybearforex. com
  • #23,874
  • Jan 15, 2013 12:29pm Jan 15, 2013 12:29pm
Quoting DaddyBear
Wave X is up.

Thank you, thought so, but was not sure.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #23,875
  • Jan 15, 2013 12:50pm Jan 15, 2013 12:50pm
This is is, the resistance.......we break the 15 minute RES and go back up to the monthly at 1.06, or else~
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  • #23,876
  • Jan 15, 2013 12:52pm Jan 15, 2013 12:52pm
Quoting lolygagv2
This is is, the resistance.......we break the 15 minute RES and go back up to the monthly at 1.06, or else~
Agreed, that is what I am watching, otherwise wave a down as we continue to correct.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #23,877
  • Jan 15, 2013 12:55pm Jan 15, 2013 12:55pm
The Bull's car was thrown out of the roller coaster.....

http://www.forexfactory.com/attachme...1&d=1352178979
daddybearforex. com
  • #23,878
  • Jan 15, 2013 12:56pm Jan 15, 2013 12:56pm
Quoting DaddyBear
The Bull's car was thrown out of the roller coaster.....

http://www.forexfactory.com/attachme...1&d=1352178979

EU's Juncker says EUR exchange rate is dangerously high




Then again, it was just wave a all along.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #23,879
  • Jan 15, 2013 12:57pm Jan 15, 2013 12:57pm
This is the zoom-out.

http://www.forexfactory.com/attachme...1&d=1350578583


Quoting DaddyBear
The Bull's car was thrown out of the roller coaster.....
daddybearforex. com
  • #23,880
  • Jan 15, 2013 12:59pm Jan 15, 2013 12:59pm
It's ok, as sh EURUSD as per my posts on other board today.

Stopped out AUD + 19 from this morning.
The world you desire can be won. It exists.. it is real.. it is possible..
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