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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
Mar 24, 2011 18:49
Yeah, its good to see some synchronisation between us, particularly noticeable a cluster areas
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Mar 24, 2011 18:47
eurgbp, I took some pips out on the down move removing 1 unit then stopped at b/e on units 2 and 3. SOB that pair. Did better on the EU sell but missed the buy entry.
subway90
Posts: 1078
13 years ago
Mar 24, 2011 18:41
maybe my method would have a tiny advantage for entries or detecting danger in advance...
but in the bigger picture.. we're basically similar...
amazing how 2 different technical method could draw almost identical picture... :)
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Mar 24, 2011 18:31
What I like about your work is identification of bounce back levels in advance whereas my pattern work has to have the structure in place first :-)
subway90
Posts: 1078
13 years ago
Mar 24, 2011 18:28
dave...

yes... i'd be a buyer if 4090/4100 seen.... with s/r @4050... with tp 4320 and 4430...
subway90
Posts: 1078
13 years ago
Mar 24, 2011 18:24
dave...

very similar with mine...

expecting usdx to hit 74.60/70 next week or the following week... where i expect a bounce back up to 77 b4 selloff to 72.50 level...

for Euro... it would mean test around 4320/50 level initially.. then if pullback would be limited to 4250... i see extension higher to 4430/50 b4 bigger correction could take place...
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Mar 24, 2011 18:22
Subs, I feel more interested in the buy side unless full ret to break the 4052 pivot low. Once 4280 level exceeded my next targets would be 4426 and/or 4697. Not projecting beyond that yet.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Mar 24, 2011 18:13
I think DX has further downside to next target 74.70 basis DX #F. Beyond that lies next target at 72.30 ish
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Mar 24, 2011 18:09
Euro index does look very weak comparing with the current depths of DX index and its well lagging the Nov 10 eurusd high
subway90
Posts: 1078
13 years ago
Mar 24, 2011 17:41
i guess we'll see Euro move higher tom...

first support 4170.... below that 4140 then 4100....

break of 4163 could see correction back down to 4140 then possibly 4090/4100 b4 moving higher..

4090/4100(if tested) would be a perfect buying opportunity for 4300+ level.... with s/r below 4050 level....

gl/gt
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