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Posts by "daveo"

8683 Posts Total by "daveo":
8171 Posts by member
DaveO
(N.Cornwall, United Kingdom)
512 Posts by Anonymous "daveo":
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Nov 25, 2013 21:12
In Thread: EUR
In reply to DaveO's post
Break of 135.93 would confirm, current high 137.97 against target of 139 where E=A
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Nov 25, 2013 20:53
In Thread: EUR
In reply to DaveO's post
eurjpy looks to have topped.
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Nov 25, 2013 19:51
In Thread: EUR
In reply to Qingyu's post
Yes the UJ very overcrowded trade. Stocks likely to ret down a bit prior to XMAS rally. UC I no longer trade---SOB catches me wrong footed !
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Nov 25, 2013 18:39
In Thread: EUR
In reply to Sir Ignore's post
Weekly bullish in W.3 up from Nov 2008 low. Resistance at 43.66 pivot, then cluster 48.68/50.24, then cluster 59.55/64.52. Usual rets along the way with quite shallow retracements typical of wave 3's. Current 36.52 and could be getting o/b on daily timeframe. You will be aware YHOO been well lagging the Nas indices so plenty of scope for catch-up barring a stock mkt implosion. The charts are bullish, no doubt about that, good ole QE :-)
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Nov 22, 2013 19:50
In Thread: EUR
In reply to DaveO's post
1.3572 = 127.2% ext = double top
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Nov 22, 2013 19:45
In Thread: EUR
The symmetry at 1.3548 capped it for the time being at least
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Nov 21, 2013 20:41
In Thread: EUR
In reply to Qingyu's post
gl.

audusd bounced off the 9195 level, current 9222. If the low holds should see a decent move north.
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Nov 21, 2013 18:00
In Thread: EUR
EU made 5 sequence down to the low today so this move up should be corrective. Pattern up not helpful. 50% at 3487, 61.8% at 3508. Major resistance at c.3520. But right now it aint going nowhere. Looks like its weakening. Current 3456
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Nov 21, 2013 17:51
In Thread: EUR
In reply to Qingyu's post
Might bounce at 9207/9195 level
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Nov 21, 2013 15:38
In Thread: EUR
audusd been best short today, missed it. And usdjpy broke above the 100.60