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Crassius replied Dec 4, 2012I have begun to build a large position trade short in AUDUSD as one of my big long term trades for 2013... shorting against 106.25 high during the post RBA decision rally. I have been thinking about this trade for a few days. Its a currency pair ...
Euro/Dollar
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Crassius replied Dec 4, 201212 hours have elapsed since this post EURUSD trades 1.3057... Its possible we have a top in at 1.3075 if its an ending diagonal. With the overlapping price action,wedge shape, divergence amid falling momentum, and the fact that we exceeded the 2.0 ...
Euro/Dollar
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Crassius replied Dec 3, 2012As I watch the price actio in USDJPY unfold, it looks like the correction is unfolding as a flat not a zig-zag. This would be in keeping with strong sentiment in the market seen during a widely expected trend..... as opposed to a zig - zag ...
Euro/Dollar
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Crassius replied Dec 3, 2012I would expect support at 3030 to hold if in fact one more push higher needed to complete sequence before larger scale pull back unfolds...
Euro/Dollar
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Crassius replied Dec 3, 2012Things get tricky when we look at waves on a really small scale, but taken with that grain of salt....
Euro/Dollar
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Crassius replied Dec 3, 2012Now flat and out of the m EURUSD market..... Will watch things unfold for a while, but may very well have just made my last EURUSD trade of 2012.... Leaving the USDJPY entry orders in place.....
Euro/Dollar
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Crassius replied Dec 3, 2012Just closed it at 3072.... just not gonna get it I guess... I gave it plenty of time.... not worth leaving on the risk for a few more pips after giving it room to run.... we will needed to hit during this European close... not willing to hold it ...
Euro/Dollar
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Crassius replied Dec 3, 2012Looking at the EURUSD order book there is a lot of supply in the 3080/85 area... the normal before the figure offers.... Lowering my take profit on last bit to 3078...
Euro/Dollar
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Crassius replied Dec 3, 2012We have achieved 3075 already... and that is close enough to satisfy the fib relationship.... but I've booked so much profit along the way, what the hell.... might as well swing for the fences with the little I have left, or let the market take me ...
Euro/Dollar
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Crassius replied Dec 3, 2012Even more Bullish count.... I never liked the interior count that puts wave 3 silver at 3008.... Counting a live unfolding chart is very different kettle of fish than counting a static finished chart.... Here's an even more bullish count that puts ...
Euro/Dollar
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Crassius replied Dec 3, 2012Bullish Count.... Bolli's capping correction due very soon....
Euro/Dollar
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Crassius replied Dec 3, 20121.3068 target reached and profit booked... almost flat now... I have just a very small bit left... Target on last bit raised to 3087... Stop loss raised to 13018
Euro/Dollar
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Crassius replied Dec 3, 2012Just took a little more profit at 3048... there may be some Optionality that is helping turn us back from 3050 repeatedly.... Interior wave structure still points higher.... Keeping the 3068 target and last bit off adjusted to 3078 now.... subject ...
Euro/Dollar
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Crassius replied Dec 3, 2012Looking at the order book as we approach 1 hour before European open and I see solid bids (means very good size) at 81.50.... The box on the chart I just posted may be a bit too conservative. We know that an ABC correction often ends somewhere in ...
Euro/Dollar
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Crassius replied Dec 3, 2012Looking for a chance to get long USDJPY again by layering buy limit orders into the buy zone box on the attached chart... The JPY short play is so strong I am not willing to try to go counter-trend and ride wave C into the buy zone.... Better to be ...
Euro/Dollar
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Crassius replied Dec 2, 2012Stops tripped above 3030... that's gonna bring in some break out players going long on a definitive break out of the 2011 -2012 downtrend line...
Euro/Dollar
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Crassius replied Dec 2, 2012Took a little profit here at 3020 since its the third time we have been at this lowest target from below... Next two targets are 3068 and 3088... stop to be trailed up ASAP
Euro/Dollar
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Crassius replied Dec 2, 2012I am still looking higher.... however I have to respect the fact 3020 was the lowest upside target and has been reached, re-tested and failed... so I am moving my stop on remaining position to 2937...
Euro/Dollar