There should be a big ass pile of stops above 3025 if we can overcome all this SNB selling to trip them..... if tripped should lead us to the weekly R1 @ 3048, where I have another partial profit taking order.... Hopefully the NY boys will target ...

Euro/Dollar

Just booked 100 pips profit on 1/3rd the position @ 1.3000... we bounced hard off a fib cluster after getting within a couple pips of the first Elliott target of 3017. The trend remains strongly up, and I'll hold the rest targeting 3150... 3050 has ...

Euro/Dollar

Monday

Euro/Dollar

Nice to see you back Max.... its been lonely holding down the fort waiting for Tom's return...

Euro/Dollar

Interesting that R2 falls at 3027... that is on top of a very long term falling trend line today. I will be booking partial profits at 3025.... hanging on to rest targeting 3150.... may reload on a retrace.

Euro/Dollar

Bullish count playing out well so far... we are tapping on the door to 1.3000, where I am sure official sellers like the SNB are pouring on the supply. We are inside a wave three, inside a wave three of the next higher degree, and inside a wave ...

Euro/Dollar

Pull back that took out 2940 too deep for the previous count to hold. This is my new count.... very bullish putting us inside a wave 3 in 3 degrees.

Euro/Dollar

Looking to add to longs @ 2925

Euro/Dollar

2925 should catch 61.8% retrace if 2940 breaks.....

Euro/Dollar

At the mercy of US equities for now... S&P 500 sitting on hourly support... its earnings season so any earnings surprises could weigh us down.... Breaking 2940 would be negative....

Euro/Dollar

Current Elliott count I am working from... 7 AM EST. The red wave iii may or may not be in already.... it could go higher, but it meets common fib proportions already. The eventual rise to red degrees wave V will also be the end of a higher degree ...

Euro/Dollar

Short term pull back scope should be limited to 2941 at the moment.... then one more push higher before a larger corrective move.

Euro/Dollar

Reportedly there are buy stops above 2960... if we trip those that should be the capitulation for short term bears.

Euro/Dollar

scope for a pull back to 2932 here... this would be healthy for the uptrend and not signal weakness.

Euro/Dollar

200 HMA 2937... getting established above open door to an attempt at Friday's high

Euro/Dollar

Break above 2930/35 key to more upside short term. My trade this morning is a swing trade, so a medium term outlook on the trade, but would like to put this shor t term bearish momentum into the past .

Euro/Dollar

We trade at 2909 in a correction off 2990 Asian lows so far.... The legs of the "Spanish bailout is just around the corner" hopium rally seem to have been chopped out from under. I am still bullish as long as the 200 DMA holds, and have layered buy ...

Euro/Dollar

Booked some profit here at 2985 ahead of the week end and above anticipation.... Looking to add lower... Monday most likely. Short term Correction needs to take place before we best 3000.... Sometimes wave 5's are extended waves though.. nothing ...

Euro/Dollar