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Vachus replied Aug 8, 2012When you see a clear extension in the same direction of the bigger wave , followed by ranging to the side and attempts to take on the first resistance ... Which in my opinion , what is happening now ! But this is my personal analyses and could be ...
EURUSD
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Vachus replied Aug 8, 2012On the 5min , 15 min & 30 - the pic is for 5 . But there is a chance that i calculated wrong and wave 2 is just a correction of the bigger wave that started from 24422 and ended at 23390. My Take profit is 23160 - as i expect a bounce over there and ...
EURUSD
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Vachus replied Aug 8, 2012According to my anayles , we are now in wave 2 which of course is a correction. Wave 3 has the potential of driving the price to 22400
EURUSD
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Vachus replied Aug 8, 2012I would have done that, but the pattern that is forming is the five wave down and i'm waiting for the last one ... which should be ending at 560 or a little bit below. There no one knows what might happen, its open for all probabilities ! i would ...
EURUSD
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Vachus replied Aug 8, 2012Apart from all what is happening , i think energy should be focused on trying to answer one question " Can the R2 at 23500 hold and have an enough bounce to 24400 or not "? 750 will probably have a bounce that i don't think it will cross the 925 - ...
EURUSD
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Vachus replied Aug 8, 2012My short from 911 was stopped out by one pip , my stop lose was 24010 - i hate that when it happens
i took short again from 750 and waiting to see the 500 test ... At least today we got some volatility to break the week bordem of of not moving at ...EURUSD
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Vachus replied Aug 7, 2012I dont understand the statement above ... The thing is that it looks to me that the price is cornered in a down channel and usually i see down extension and consolidation before major things may happen ... i will go to sleep for now and wake up ...
EURUSD
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Vachus replied Aug 7, 2012yes, because under it there even more stronger pitch 750 which is expected to play vital role in the up wave... if it broke , we may see 500 and 200 before any up ward movement - if any happened !
EURUSD
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Vachus replied Aug 7, 2012750 is putting a fight , this down movement maybe about to hit bottom
EURUSD
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Vachus replied Aug 7, 2012850 will be a very good indicator for 750 behavior , if it holds a bit - this should mean that 750 has the strength to push it up
EURUSD
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Vachus replied Aug 7, 2012I'm not trying to catch a bottom and ride it till the top , i'm looking for the base for Wave 1 that should take this trend as high as 24500 .. Anyway, the 950 looks it has been weaken , let us see what 850 has to say about that - she's a bloody ...
EURUSD
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Vachus replied Aug 7, 2012Still holding my shorts and from what i seen the 950 is not as strong as it used to be , maybe 750 might be the wall waiting - its almost 75 points from the previous high ... it make really wonder , where is the bloody bottom
EURUSD
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Vachus replied Aug 7, 2012@RWalker : I had a pending buy order at 950 , but i have been there before when you expect the movement to not that down and it surprise you with further down ... But at least we have a movement from this boring day
EURUSD
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Vachus replied Aug 7, 2012I'm holding short from 24200 from almost 9 hours now , and i see some arguments - but i see this going even downer till at least 23950
EURUSD
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Vachus replied Aug 7, 2012According to my anaylze , the fifth wave came on Monday morning with Tokyo opening that drove the price from 23950 till 24400. After that i desperately tried to follow some waves and caught only one - that was ridiculiously small and managed to get ...
EURUSD
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Vachus replied Aug 7, 2012Not really , the last time he opened his mouth the EURUSD dropped almost 50 - 60 pips down
EURUSD
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Vachus replied Aug 7, 2012Thanks you for sharing Almo, i actually saved the article and will be reading it today - just because now i need to try to focus on what is happening ... i went to sleep and wake up , there was no point to stay awake . So, Boys and girls , the fight ...
EURUSD