EUR

ya im thinkn the same thing that this 1.40 needs to hold big time but when i use the cmc markets pattern reco it showing me that were testing my bottom end to my ascending triangle,i like the previous price action when it tested the lower end it had a massive engulphing candle stick(300pips)rally..im also not sure if i like the current candle to me it looks like shooting star but my fingers crossed that its a inverted hammer(reversal)..other thing im watchn is the cci still trying to figure it out but looks like priceaction could fall dramatically before we get a bullish crossover..just finished measuring the current hi-lo and im using 14225=somewheres between my 386&50 retra..but think that might be a bit ambitios over the past few weeks eur has had troubles challenging the 236 so im open to the thought of lowering my exit??im in derbyshire with my girlfriend her mom and grandmother..heading to chk out warwick castle on thurs thats what i cant wait to see so far the women had me out shopping :(such a waste when u have a beautiful country to take in lol:)but thats woman i guess lol..ok gl/gt:)

you should ignore the spike back up today caused solely by the swiss intervention.

the other thing that made me think the pattern might still be valide is i recall mark saying that once levels are clearly breach they may recover but eventually they will move onto the next level so once 618 gave way i started to look at my 786=1.4003..and today might have been a good example of it cause eur rallied all the way back up towards 14300 but eventually came crashing down below both the 618 and 786 and closed the day below(i think)1.400 level.. im still without live streaming data:(and still working off past charts..ok gl/gt:)

hey dave, im using the daily chart--high on(14695) 07/06/2011 into the low(1.400)18/07/2011 it retraced back(1.4545)27//07/2011 then continued to move lower to reach my 618=1.4115..i think that pattern was completed with the 618 expan level holding and price moved back towards 14515 level before it once again sold off into current lows..only reason im using that older pattern was i left my key card at home and im in the uk so i dont have live data streaming into my f/t:(..i kinda knew there was a chance i would be wrong using that older pattern but thought there might a chance its still valide as i see no other pattern forming and seeing as the eur closed below my 786=1.40030 i thought i had to look towards my 127.2 once the important 786 is violated??i really hope my data is correct and im applying my tools correctly.your comments are greatly appreciated.thanks gl/gt:)

hey subway, im getting a lower t/p 1.3673=127.2 from the 14700hi-1400lo retr perfectly to 14549=786 now that my 786 has been breached today im think that 127.2=1.3673 might get hit..any ways broke a rule today :( wasnt around today and decided to place 1long order @14145=618ret of yesterdays low to todays high plus i had another order from mon night filled @1.40 :( couldnt beleive the huge swing today any ways will deal with it once its clear if eur moves lower..ok gl guys:)