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Daily EUR/USD trades
- Thread starter romik
- Start date
stopped out at .3207
No resistence? hmmm, I see now three candlesticks in the last month that stopped at .3216 and a close on the 13th at .3213.
Stop was so tight because 1.) I realize it was ballsy, and 2.) I'm kinda tired from a hike. I need to hit the hay soon.
No resistence? hmmm, I see now three candlesticks in the last month that stopped at .3216 and a close on the 13th at .3213.
Stop was so tight because 1.) I realize it was ballsy, and 2.) I'm kinda tired from a hike. I need to hit the hay soon.
I see a shorting opportunity @ 1.3225
If my analysis is correct, it may be a 500+ pip move.
wave is talking about fibs, I believe. If you take 1.2900 as the BO, then it moved 500 pips, recovered, and this would be the C of the ABC pattern.
I'm wary of year-end news, though. Equity markets can be fickle, so how will this affect the Eur/$?
btw, I'm using GFT data. Might be off because my daily chart is kinda small, and I was reading the price from the chart, not from a list or whatever. Chart attached.
I'm wary of year-end news, though. Equity markets can be fickle, so how will this affect the Eur/$?
btw, I'm using GFT data. Might be off because my daily chart is kinda small, and I was reading the price from the chart, not from a list or whatever. Chart attached.
Attachments
Quote from piplover:
WaveMaster,
Can you attach a chart to support your claim?
What is the estimated time for reaching the target?
Thanks
Looks like it's going to be down from 1.3240
It's incredibly difficult to come up with a time frame for reaching targets as waves are repetitive in form, but not in time or amplitude.
I will post a chart tomorrow.