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- 285 Results (10 Threads, 275 Replies)
- CounterTrend replied Feb 29, 2008
In previous post, I had discussed with you that wave 5 of 3 has completed in the hourly chart and we are due for a correction in wave 4. The price drop from 1.5240 to 1.5145 could have completed wave 4 within five waves up. Another possibility is ...
EURUSD
- CounterTrend replied Feb 29, 2008
Guys, for serious, usdjpy is moving in its greatest bear wave you will ever see. It should continue the downtrend for months, so if you go long, always protect with a stop. This third wave of three. Do the match
100, and 95 are objectives for ...USD/JPY Discussion
- CounterTrend replied Feb 29, 2008
Never mind, you will get another chance to short it again.. thank god anyway.. gl mate
USD/JPY Discussion
- CounterTrend replied Feb 29, 2008
If the history repeats itself, with this divergence there should be correction underway.
EURUSD
- CounterTrend replied Feb 29, 2008
Well, the break above 1.4230 negated that wave 5 of 3 is done, so its still going but wave 4 down should begin soon. Maybe I am wrong any ellioticians opinions? (hourly chart)
EURUSD
- CounterTrend replied Feb 29, 2008
Congrats guys I closed earlier short from 104.85 already. I will short next week up leg.

USD/JPY Discussion
- CounterTrend replied Feb 29, 2008
Today? hm kidding but it will eventually hit 103, 102.. 101 even in this wave i just do not know the timeframe, but if the decline accelerates and we see no friday-spikes then today we should see sub 103. Anyway, if it didn't happen, then next week, ...
USD/JPY Discussion
- CounterTrend replied Feb 29, 2008
I think the bearish potential is still good, but it depends on what kind of trader are you. You can hold this position for a corrective rally. Where you want long?
USDCHF anyone?
- CounterTrend replied Feb 29, 2008
We broke previous wave low, we should be if the technicals of EW are right in wave 3 of 3. The strongest impulse and we are targetting 100 in a few weeks. This is a consolidation to losses, lack of volumes in asia may not push thru support, I am ...
USD/JPY Discussion
- CounterTrend replied Feb 28, 2008
There was similar price pattern on usdjpy daily, but I missed that indicator now. You can check it for usdjpy. Gl

EURUSD
- CounterTrend replied Feb 28, 2008
eur/usd is indeed now in wave 4 (a big corrective wave, cause it's an entire wave), whatever the dip, take it for a last impulse wave5
EURUSD
- CounterTrend replied Feb 28, 2008
opposite facts? sure it's a bottom and believe it will continue falling to 102
USD/JPY Discussion
- CounterTrend replied Feb 28, 2008
A break below 104.95 confirms that wave 3 of 3 has resumed, and we are looking at 103 levels soon.

USD/JPY Discussion
- CounterTrend replied Feb 28, 2008
Wow, maybe this is the big credit crunch? Then usdjpy is heading to 100 and all pairs should drop hard. But wait, not too soon, euro still has room to grow after that. Perhaps, a brief dolllar rally can do the good.
Aussie Pairs
- CounterTrend replied Feb 28, 2008
Good point kokan. Iraq is simple example. Bush got some more important investments. Truly guys, the world is leaning towards europe and Trichet. Germans work hard, they are machines. Here we call them German Machines anyway.
EURUSD
- CounterTrend replied Feb 28, 2008
Yes, for believers in EW it does magic indeed. I am sure you know euro was going to break 1.50 despite the psycho talk about that barrier, that a b c d e pattern was so clear. Congrats dude!
EURUSD
- CounterTrend replied Feb 28, 2008
acid. Weak dollar is in best Bernanke interest. Look at the Swissy.. It looks like its going to parity as well. Bernanke failed. It is not because US dollar has never been week. But USD is registering all-time lows against many currencies which ...
EURUSD
- CounterTrend replied Feb 28, 2008
Never mind, I thought you told me to be nice cause you think I am being sarcastic.. hehe, never mind
Aussie Pairs