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- 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
- fontu replied May 21, 2009
5/8 level ? then chance to reach 4/8 for strong support .But bull may at level though . will check MM now . fontu There is a bullish gartley in M5 & chances bounce from 5/8MM & MK's filter also in favour of bounce .
EURUSD
- fontu replied May 21, 2009
Is there a double top in H1 chart for bear till 1.3660? or 1.3706? fontu
EURUSD
- fontu replied May 21, 2009
It seems retest 1.3741 or actually it should 1,3722 for another up if or can start at this level too. so shorts seem risky now . fontu may be a turning point.
EURUSD
- fontu replied May 21, 2009
Still not so convincing from higher chart of H4 &D1 & if ther started down move persist from lower chart then my tp will be min 50% retracement of gartley in h4 as 1.3361, but it will not happen so easily I know . Lower tf bearish butterflies ...
EURUSD
- fontu replied May 21, 2009
Now new development of butterfly bearish in M5,M15 . M30 already & also H4,D1 . and seems last bull movement in action specially H1 & also other TF ,m30 . will close my longs at the top ,1.3841 perhaps now and to start for shorts ,if no other ...
EURUSD
- fontu replied May 21, 2009
Come back after 24 hrs due internet connection problem.There are very big gartley in H4 & D1 with max. D point can be 1.4323 even can be a butterfly later . Also bearish gartley in M30 already payed out and there is bull gartley to be paying now in ...
EURUSD
- fontu replied May 20, 2009
Yes not taking any care of but nothing special here , so it should calm down again to start from reliable support below with proper timing too.still shorts . fontu
EURUSD
- fontu replied May 20, 2009
Weldone . I am still trapped in bear & so no longs .Will wait how far it can go , fast move up will followed fast move down followed by plateau.just waiting & seeing . perhaps it ignores the bear pattern /demand in smaller tf .small lots so I can ...
EURUSD
- fontu replied May 20, 2009
That's true but if 50%fib retracement then 1.3611 & if 61.8% then 1.3605 & even many times it goes beyond. They both seem most possible & safe tp area.but working in small time frame of M5 may be unreliable . It now seems up again to 1.3638 to have ...
EURUSD
- fontu replied May 20, 2009
Thanks for the information & also forexer83, I see some to & fro movements but will wait till the bearish pattern vanish /ignored totally to close my shorts . Yes in M15tf candle close with clear sign that it bounces back , lets see if Mk's sign ...
EURUSD
- fontu replied May 20, 2009
Yes to me it is a bullish set up in H1 but I am looking for some retracement again before it active in the direction , just scalping with risk. So H1 candle close will be decision making here . fontu Yes I see some sign as per MK's filter of ...
EURUSD