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- fontu replied May 24, 2009
Some present & future pattern in EU . Hope may help . fontu
Harmonic and Classic Patterns
- fontu replied May 24, 2009
Trading the GAP ? not a bad idea. tried many times most of them with success if possible to sit at the last moment friday market close. Risk 3-4 pips & possible reward may be 100pips . This time I have some shorts left with sl 1.4023 ( as I left ...
EURUSD
- fontu replied May 24, 2009
I like your 2nd count & in 1st the 5th wave became out of proportion . Anyway good counting . thanks, fontu
Elliott Wave Trading
- fontu replied May 24, 2009
Perhaps he counted as of bullish gartley not EW , d point is for posible bull to run , but may be changed to much lower/higher when finished the pattern but bull is the answer. fontu
Elliott Wave Trading
- fontu replied May 23, 2009
Thanks for the analysis . Just doing my own for the next week or so. Ist looking at the daily/weekly chart , very big bearish pattern ,mini ab=cd ( 1.4738 100% fib retracement of previous high ) but can be other forms of gartley ,bat or even ...
EURUSD
- fontu replied May 22, 2009
Market seems in still bull mode with possible bear till 1.3899 to 1.3831 or little more for next bull . Next week should be more interesting no doubt.
EURUSD
- fontu replied May 22, 2009
As usual I dot trade much in friday due to heavy rush in my office but today as see price is up above 1.40 I thought at last do some shorts & build up with small lots so that if even price reach at 1.4323 my max D point of the bearish gartley ( ...
EURUSD
- fontu replied May 22, 2009
Not bad so far 244 pips with 15 shorts build up & within 40pips down only.hope collect more by end of the day till M5 support 1.3992 to 100% fib retracement of the bear bat. long was due but not taken any . fontu
EURUSD
- fontu replied May 22, 2009
It works , I saw all trades positive but not closed with small pips & was also busy that time . Now I see bear bat in M15 chart , so wait till the end today . Very interesting ,trading without in trading !! fontu
EURUSD
- fontu replied May 22, 2009
As I am not seeing the charts most of the time nor trading actively & the bull continue to run without any retracement so I started building very small shorts without any long that need much care of. will continue till next US news after 42 minutes ...
EURUSD
- fontu replied May 22, 2009
Hi all , how is the trade today . Not doing any so far , little busy . some times sit & see only. The bearish pattern in H4 & D1 still intact but not yet reached the D point of 1.4323 and lower time frames bulls in action . Hope all do well today. ...
EURUSD
- fontu replied May 21, 2009
There are bearish bat in M5 D point 1.3835 & already gartleys in H4 & D1 sitting for long time & so I will just sit with my shorts from now . fontu
EURUSD
- fontu replied May 21, 2009
closed my long at 1.3805 and now wait to see where it wants to go actually . fontu
EURUSD
- fontu replied May 21, 2009
Thanks forgot about news , anyway any positive speech should weaken dollar now , perhaps I heard some where , they wants it desperately now . fontu
EURUSD
- fontu replied May 21, 2009
Please elaborate the timing factor . His tp should be achievable after it bounce again from 1.3751/8 . fontu
EURUSD
- fontu replied May 21, 2009
No doubt and again signs of a retracement /it should actually need but continue the upward pressure . As of EW if 5th wave have finished perfectly and already a V failure to have double top ,it is unrealistic to think will have third top . A big A ...
EURUSD
- fontu replied May 21, 2009
Yes price retesting 5/8MM 1.3733 & if even unsuccesfull breaking it /bounce can easily go beyound 1.3717. In lower time frame actualli it tested it thrice & hence probabity now --+, expecting bounce . fontu
EURUSD