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

EUR

Discuss EUR in this thread
 
digi
toro, Canada
Posts: 1040
11 years ago
Sep 20, 2013 18:44
In reply to DaveO's post
buy on dips , thats my plan simple and unsophisticated
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Sep 20, 2013 18:07
In reply to DaveO's post
sell 6100, first off 6040, second off 5990, last off 6015.

60 pips, 110 pips, 85 pips. Might go down to 5940 but more interested in the next long set up
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Sep 20, 2013 17:58
GU trade, flat 1.6015
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Sep 20, 2013 16:15
EU looks nothing more than traders getting flat into the german election weekend
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Sep 20, 2013 15:43
In reply to DaveO's post
After yesterday move up my wave 3 in the series was too short. Wave 3 cannot be the shortest wave in the sequence (rules)
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Sep 20, 2013 15:40
In reply to digi's post
Had I been right with prior count 1.6045 should have been the high where wave 5 of C = Wave 1 of C but we overshot which meant tweeking for higher ending possibility. Still not sure on either count so took a short trade to be in the market (with scalp mentality) in case it cratered. That hasnt happened, the action has been slow but still running last of 3 units I am pretty open minded now because of the context of FED actions. Regardless, this move up which we agree might be a C wave close to ending will need correcting soon at the very least but I kinda expect another high first. Its been a very impulsive move from the 1.4812 low.
digi
toro, Canada
Posts: 1040
11 years ago
Sep 20, 2013 15:26
In reply to DaveO's post
so whats your plan sir?
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Sep 20, 2013 15:06
In reply to digi's post
Yes but the upper line might become valid. I came unstuck with last count thinking your red C to green A was a finished ABC correction (not abc of A) Then I read the move down from green A to green B as impulsive Wave 1 to be corrected.
digi
toro, Canada
Posts: 1040
11 years ago
Sep 20, 2013 14:56
In reply to DaveO's post
http://www.global-view.com/forums/chart.php?f=1&id=1009009

this is monthly map , the line has been hit
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Sep 20, 2013 14:53
In reply to digi's post
Yep correcting red B to red C move which looked impulsive.