- Search Energy EXCH
- 285 Results (10 Threads, 275 Replies)
- CounterTrend replied Mar 3, 2008
1.25? Well, we are not long term investors, are we? OK, very tempting to reload eurusd longs. Actually, AUD is more interesting nowadays
EURUSD
- CounterTrend replied Mar 3, 2008
Either way, I would like to see AUD exceed 0.95 before going short.. heavy

Aussie Pairs
- CounterTrend replied Mar 3, 2008
Still trapped in wave 4 consolidation triangle, no direction. But if you must trade, its bullish above 1.9800
Cable Update (GBPUSD)
- CounterTrend replied Mar 3, 2008
Sorry, I have to highly disagree with the statement of 1.57. The fifth wave can't be that high technically, maximum around 1.54. After five waves, we will dive down with euro making an a-b-c corrective phase (sharp reversal) By the way, the dollar ...
EURUSD
- CounterTrend replied Mar 3, 2008
Do not bother with lower timeframes, I always look daily and up. I track down hourly chart just for clear wave count.

Cable Update (GBPUSD)
- CounterTrend replied Mar 3, 2008
This is not usual monday eh? I thought its for positional trading only. The movement is so volatile.
EURUSD
- CounterTrend replied Mar 3, 2008
Low risk trade to get bullish on cable current rate with stop loss 1.9795. Chart attached. We are possibly in triangle consolidation wave 4, corrective ahead of a further rise above 2.0
Cable Update (GBPUSD)
- CounterTrend replied Mar 3, 2008
According to my count, 5 waves up are not complete until 1.5400. Let us see, the officials comments played against techs.
EURUSD
- CounterTrend replied Mar 3, 2008
I am shorting all the way on the move up. on eurjpy especially, because of the key outside week reversal. It should get a bearish bias along the week. Tight mm.
USD/JPY Discussion
- CounterTrend replied Mar 3, 2008
I reloaded shorts on Cross/Yen. And reloaded longs on Euro dip. Comments from officials heavily moving the mkt now.
USD/JPY Discussion
- CounterTrend replied Mar 3, 2008
As expected, corrective wave was ended, and this is the last impulsive wave in euro, expecting it to stall ahead of 1.5450 for a reversal.
EURUSD
- CounterTrend replied Mar 3, 2008
I exit audusd long as risk aversion looms. I reset shorts all over yen pairs though. Maybe tactically, they are higher probability with outside week reversal candles on audjpy and eurjpy. I think lower risk than audusd with risk events.
AUD/USD
- CounterTrend replied Mar 2, 2008
It's more likely to break if it tested it again. Hopefully today, so I need to really get shorts going on eurjpy.
EURUSD
- CounterTrend replied Mar 2, 2008
Not sure. USDJPY looks correcting oversold extremes, lets see how it goes. I've missed the run in EURJPY but welcome any bounce to get short in the trend. Hope it goes up
EUR/JPY
- CounterTrend replied Mar 2, 2008
I think the only significant level to break is 1.5240 a move above it confirms an end of corrective wave and sets the new rally.
EURUSD
- CounterTrend replied Mar 2, 2008
Bingo! this is wave 4 of 5 waves up. One wave is missing..May the US bad economic calendar fulfill the target heh
EURUSD
- CounterTrend replied Mar 2, 2008
It will break all the way down sooner or later. Actually, a combo of eurusd and usdjpy techs would lead us to a theory where eurjpy could drop a few thousands pips. But we are at early stages, letsee this how it will unfold.
EUR/JPY
- CounterTrend replied Mar 2, 2008
I do not know about eurusd in the very short term as well. Consolidating big ganis ahead of.. big drop or big rally.
EURUSD