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

EUR

Discuss EUR in this thread
 
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DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 13, 2011 17:51
61.8% ret at 3662 would fall inbetween the 100% sym and the 127.2 ext
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 13, 2011 17:49
Your count is possible and if valid we are only early stage of wave 3 of C down. What I don't like about that alternate count is the B wave structure. Jury out !
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 13, 2011 17:46
200 DMA might reach that level by the time we get there or 127.2% ext would be at 1.3550 well below the 200 DMA. (not really a fan of MA's though)
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 13, 2011 17:43
Digi, if your ABC count were validated we would see at least 1.3735 for potential reversal.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 13, 2011 17:36
EU spiked through horizontal volume node from the latter half of March consolidation. Like touching a hot brick, reacted back.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 13, 2011 17:29
gbpusd now testing 100DMA
digi
toro, Canada
Posts: 1040
13 years ago
May 13, 2011 17:29
http://www.efixpuls.pl/cotton2/dokumenty/analizy/dzienne/efixRD3_20110513.sxw-PIC-100000000000052B0000033B876EC07C.png

now its time to long
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 13, 2011 17:28
Whats the betting all Ashraf calls will close above/below their 55DMA's today and then violate on monday ? :-)
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 13, 2011 17:26
If this site allowed us to launch a poll I would do so on Ashrafs various 55 MA closes today :-)
Machiavelli
Posts: 113
13 years ago
May 13, 2011 17:25
I ain't EW, so thanks. But that channel better hold, else we really going to see 1.39 today. Only 70 pips. I can only imagine the sheer volume of stops just below 1.40-3980. Once those are cleared, I'm thinking next week will be up. :)
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