EUR/USD to 1.55!!!

[cabletrader]

Quote from number22:

Sky is the limit;

Load up my JPY; oil and gold. 850 is bargain.

What are you buying JPY against, USD? And you don't see gold coming off a bit more, say 842/837?

 

[PaulRon]

if i were buying physical i would just go ahead and pick some up now but as a trader i'm going to be a little more patient since it breached support at 850 today.

 

[cabletrader]

It's a dilemma, wait for a better entry and maybe miss it, or run the risk of buying too early.

Hmmm, I'm a coward so I think I'll just scale in

 

[number22]

Quote from cabletrader:

...so I think I'll just scale in

That is my keywords; scale in; don't want to spill my beans; but i would love marktet to prove me wrong; hit my stops; and i will try it again at better price; once i am right on my bet; i scale in.

 

[cabletrader]

Glad I'm not alone

 

[Mup]

Quote from Mup

Start of the ED was 1.5270 so that's the first target area...

Got there

 

[cabletrader]

Quote from Mup:

Got there

That's no good, you were 14 pips out

Great job, EW at it's best....

 

[Mup]

Thx

Those Enging Diagonals are one of the more "user friendly" EW patterns...

 

[OddTrader]

Quote from cabletrader:

Where to next?

Most likely going up, if not moving down, as it won't be staying sideways for ever!

 

[cabletrader]

Quote from OddTrader:

Most likely going up, if not moving down, as it won't be staying sideways for ever!