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- fontu replied Jul 27, 2009
Continue shorts for this last leg down perhaps & will tp/close at desired level & at the same time gj& gu are doing better now. fontu
EURUSD
- fontu replied Jul 27, 2009
Hope so & it will move arround the center 1.4225 it will reach my target 1.4181 now.next bouncing up should 1.42 fontu
EURUSD
- fontu replied Jul 27, 2009
my shorts still on ,tp 1.4175 though expecting it will bounce to 1.4239 from 1.42. fontu
EURUSD
- fontu replied Jul 27, 2009
imn 1m chart & 5pips sl you can't get much pips except by chance & by luck if it move big in a moment.. fontu
EURUSD
- fontu replied Jul 27, 2009
Perhaps not going much before "New Home Sales" news today 6pm my time & next day same time "CB Consumer Confidence" and hope the diamond be intact. Better do relax by this time. fontu
EURUSD
- fontu replied Jul 27, 2009
sell off & bull fail again & so going down to 1.4180 level I think now . shorted.prices can 1.42>1.4248>1.4180 fontu
EURUSD
- fontu replied Jul 27, 2009
May be & now lets see if this bull can break up 1.4267 succesfully . fontu
EURUSD
- fontu replied Jul 27, 2009
Price duely break again below 1.4270 but still there a bullish set up in M5 tf & perhaps try again at 1.4236 /25 with london open otherwise break below to 1.4176 area. . fontu
EURUSD
- fontu replied Jul 27, 2009
still to come that level & fail & in that case it should go much down not mere 1.40.you are risking your shorts ,should wait it happen first. longs doing well ,I will observe 1.4260/80 level now . fontu
EURUSD
- fontu replied Jul 27, 2009
so support 1.4140 have already near meet & resistant 1.4250 be possibly break soon, what next ? the 2nd resistant 1.4380. hope it come true this time , first to break & hold 1.4270/80 area. fontu
EURUSD
- fontu replied Jul 27, 2009
Yes , diamond is more common & expanding triangle very rare . Now it seems developing a diamond but we will see if it breaks up 1.4270 & hold then triangle hypothesis may stand otherwise back to 1.4187 area again. the centre of the pendulum should ...
EURUSD
- fontu replied Jul 26, 2009
I still believe we are in Big 4th wave consolidation with extended time period and often unpredictable as the nature of this wave . 1.If it break below 1.43 to the level expected ( _ 600pips or at least 1.3728 ,top of wave 3) then the total bullish ...
EURUSD
- fontu replied Jul 26, 2009
I am on the bull side overall , how much down it may go now ,yet chances are not any less.AB=CD=600pips ,other bullish set up will be much more .see the picture. fontu
EURUSD
- fontu replied Jul 26, 2009
If this so impossible to go back where it should be much earlier? fontu
EURUSD
- fontu replied Jul 25, 2009
Though trading again this pair for few weeks but never sees the chart carefully, there seems huge chance to go UP .Round bottom & possible cup & handle formation in weekly & daily chart fontu
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