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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
Oct 3, 2013 15:04
In Thread: EUR
In reply to Sir Ignore's post
Yep EU in diagonal 5th wave up with loss of momentum, possibly completed shy of 3660/90 target level and would need trend support to hold on 1hr c.3540 and rising. Breach of 3460 would of course confirm.

As I type this we have seen a nice pop up :-)
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Oct 3, 2013 14:54
In Thread: GBP
In reply to DaveO's post
Alternatively might be doing 4:5:3 which I had labelled at 1.6160 which was a 38.2% ret. If 50% ret holds at 1.6130 we could see reversal back up to W.3 target level.
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Oct 3, 2013 14:22
In Thread: GBP
In reply to DaveO's post
38.2% would be at 1.5817; 50% at 1.5680. Current 1.6173
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Oct 3, 2013 14:17
In Thread: GBP
Its looking like GU W.3 up completed 40 pips shy of target area with W.4 down now in progress
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Oct 3, 2013 14:10
yes I would expect a reaction there. Need to break through the 105 to confirm further upside. current 104
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Oct 3, 2013 13:07
In Thread: EUR
In reply to DaveO's post
current 9026
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Oct 3, 2013 13:06
In Thread: EUR
usdchf big picture, corrective down from the 9970 high. I have completion of C=A at 8890 or 8850, the latter coinciding with 38.2% retracement
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Oct 3, 2013 10:23
In Thread: EUR
In reply to Sir Ignore's post
you on night watch skipper ?
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Oct 3, 2013 1:01
In Thread: EUR
In reply to DaveO's post
Once downside completed the implications are for eur to be stronger than gbp. Hard to imagine right now but who needs fundamentals when we have EWA :-)

current 8368
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Oct 3, 2013 0:55
In Thread: EUR
Yes, 5 up from 7750 low to 8814 high. from there ABC still in progress with C wave nearing completion, 5 of C should complete at 50% level 8280 or 127.2% sym extension 8240, 161.8% at 8090. The perfect scenario would be completion at 5=1 8197.

Then northbound to exceed initial 8814 and well beyond to complete larger degree ABC