My EURUSD stop is just below 3257.... If it gets hit.... I got to let it go.... I am still Bullish while we trade above 3130/5.... But I will let things sort themselves out while on teh sidelines EURUSD should my stop be hit.... Pressured today, in ...

Euro/Dollar

Short 1/2 a load at 1.5843.... will add higher on retrace.... stop above 5893... Text book 3,3,5 correction into a 4th wave, and impulsive start to wave 5 Lime... Gotta trade my chart..... don't really like huge a Vol moves like this though....

Euro/Dollar

Bloody bears ? I'm considering shorting a break of 5843..... Wrong time of the day though

Euro/Dollar

Well, its great to here from many people and find out whats working for them.... in the end we all have to find our own way....

Euro/Dollar

Yes... H1 candfle much more important pric epoint agreed.... I want something outta this effort... its a paltry little trade... Stopped out on last half 5872.... Oh well... Not the greatest trade in the world... But at least I am on the right side ...

Euro/Dollar

Yippee... Target reached on 1st half... + 38..... nothing to write home about... but at least they are green... Next targets are a bit funny 5907 is 200 DMA.... you would think it would stop anything.... but there are a mess of stops just beyond ...

Euro/Dollar

I have a sell half position order at 5890.... will shoot for 5920 if I get lucky enough to get to 5890... I'm just gonna let the market take me out by hitting my stop on a new lower low.... or hit my target... Can't let run... unless you let em ...

Euro/Dollar

Thanks for the picture. That's so much better And you right... those a waves of a beautiful uptrend.... We are just confusing what scale we are discussing.

Euro/Dollar

We're not going to break outta there until we complete this entire pattern I posted yesterday.... its just not going to happen... BTW... the top and location of (d) aqua is just eyeballed.... I won't know till its in.... But then we have to fall ...

Euro/Dollar

Stp inched up ever so slightly to 5866... I'm not going below that last swing....

Euro/Dollar

Yes please ...we encourage charts with nearly every post.... We are here to help each other and explain our thoughts... pictures help a great deal. And.. welcome to Tom's thread....

Euro/Dollar

Very nice to hear... Hoping we can get a group of friendly people sharing regularly here... I've been keeping this friendly space open to give respectful people who will post charts and analysis a chance to gather.

Euro/Dollar

Common Fib targets.... trade in trouble... nearly hit 61.8 of A.... Trade in trouble below channel

Euro/Dollar

Stop moved to 5862..

Euro/Dollar

Progressing nicely stop moved to 5850... just below entry...

Euro/Dollar

Stop moved to just below 5843... If that gets taken out the market is forming some larger corrective pattern. I don't want to stick around for that... only a few pips risk now.... if it gets hit better to lose a paltry few pips and look for another ...

Euro/Dollar

What gets very confusing is mistaking smaller (or larger) fractals as being all of the same degree. The happens in what Elliott called extensions. One of waves 1, 3 or five will usually be extended.... so it isn't uncommon.... corrective waves can ...

Euro/Dollar

What bulls don't want to see is five waves going down.... the (operative) trend moves in five waves.... Waves aren't the same thing as swings.... you can't count swings and get any useful information(which screws up a lot of casual Elliott ...

Euro/Dollar

Read the chart... says it all.

Euro/Dollar

5800 VERY solid.... like pulling teeth to get a fifth wave in down there.... stops should be safe below.... With such a strong and long downtrend... I am hoping we can get a short squeeze fired up... GL today...

Euro/Dollar