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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:

EUR

Discuss EUR in this thread
 
Callum
Singapore, Singapore
Posts: 179
13 years ago
Feb 1, 2011 3:55
China goes on holiday tomorrow 2-Feb till 8-Feb. Is it customary for PBOC to raise rates before or during spring festival? Is anyone counting on to happen over next 24 hours? I am not holding my breath... :-)
digi
Jambalaya, Afghanistan
Posted Anonymously
13 years ago
Feb 1, 2011 0:54
http://www.actionforex.com/trading-signals/elliott-wave-daily/20/

elliot waves here for all the pairs
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Feb 1, 2011 0:14
"also 5 waves down at 15:25 is the c leg of the corrective pattern

so they aregonna put the flying sauce"

@said, yes I think I started my commentary by saying I suspected the larger corrective was finished at the 3570 low and I favoured continued upside to new highs after also looking at the DX and the gbpusd etc action today. I see your minor corrective on the way back up making the low at 3662.

Trouble with discussing EWA without being able to show charts is there are always at least 2 possible counts so difficult to cover everything clearly.

said
mulhouse, France
Posts: 2822
13 years ago
Jan 31, 2011 22:22
eh daveO
509 limit reached pukk up the bumper flying sauce

fkies my sons flies .
Ignore
Posted Anonymously
13 years ago
Jan 31, 2011 22:16
thanks DaveO, great leader, headin out...
said
France
Posted Anonymously
13 years ago
Jan 31, 2011 22:15
daveO
31 january 5 waves down at 00:35 on a 5 minutes scale
on the one minutes scale different count the 5 waves down break below the midnight level.
so guide to read is flat pattern from 30 january 22:05
also 5 waves down at 15:25 is the c leg of the corrective pattern

so they aregonna put the flying sauce
Ignore
Posted Anonymously
13 years ago
Jan 31, 2011 22:03
stayin short 8 E (-50) 4 long $/s (-18)

catnip..waht would be your mid/long view on aud/jpy tia
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Jan 31, 2011 22:01
said 38.2% on my chart was at 3560 and the recent low went to 3569, splitting hairs !

Interestingly if price continues down from here the symmetry on a corrective move is just under the 38.2% level at 3550 (your #) or 127.2% ext below which exacly aligns with the 50% # Both good high probability clusters.

If the sob goes down to 61.8% and 161.8% sym ext chances are the high is already in at 3757. Again those two levela exactly synch so we have 3 cluster levels to watch on the downside.
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Jan 31, 2011 21:55
still see eurusd bound in +- 50 pip range around 1370 . Breakout to either side possible in late asia trade but no indication. Possibly market awaits PBOC move. Open pos ratio favors short
so do open pos by value.
said
mulhouse, France
Posts: 2822
13 years ago
Jan 31, 2011 21:53
eh daveO
watch out they are gonna put the flying sauce.