EurUsd target 0.8713 .. continuation call :)

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Those who trade USDCAD &/or USDRUR can work off my CALL April 5, 2010 here

Page 2 of 3, 3rd last post ...

http://www.elitetrader.com/vb/showthread.php?s=&threadid=179613&highlight=lambda

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some notes ..... both are in new bullruns as per my call. The only way the call fails is if the lows are taken out.

USDRUR is already in a bullrun. I suspect the next northbound move is the famous 3rd wave.

USDCAD fired on my latter entry on April 5. Here too I suspect a massive northbound move after this correction completes. Try to catch it on 4H.
 
EurUsd 4H chart ... so my thought-ing is on record. :)

I've removed all moving averages so the waves can be seen clearly.

bottomline: when wave 5 is over, EurUsd will fall HARD as in "The harder they come, the harder they fall, one and all"









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A moment of silence to honor moderator, Ivanovich. :)

ET forex forum was arthritic, had no mesenteric artery, but due to Ivan, a terminal stroke was thwarted and held in abeyance.

Now, with him gone, ET's driverless forex forum's future ....



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Quote from deadbroke:

EurUsd = 1.2818 right now and going down on 4H ...

some thoughts as I wait for a sign of reversal on the Daily chart. (I don't have any as yet).

Overhead strong resistance @ 1.3055

EurUsd should rally to at least 1.3116 - 1.3125 approx. = DX @ 81.43 before reversing.

If a daily chart reversal has already occurred, then I most certainly did NOT catch it!!!!

:)

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>>>>> EurUsd should rally to at least 1.3116 - 1.3125 approx. = DX @ 81.43 before reversing. <<<<<


We be just shy of there for both EurUsd and DX.
 
EurUsd ... taking a shot at calling the August 3 TOP @ 1.3261.

What would confirm this? .. a break below 1.3144 and a 1H close below 1.3107.

My still open 1 mL short is in the red $196
 
Quote from deadbroke:

EurUsd ... taking a shot at calling the August 3 TOP @ 1.3261.

What would confirm this? .. a break below 1.3144 and a 1H close below 1.3107.

My still open 1 mL short is in the red $196

I am sitting on a USDCAD long so I hope your top call is right for at least awhile anyway :)
 
Quote from deadbroke:

EurUsd ... taking a shot at calling the August 3 TOP @ 1.3261.

What would confirm this? .. a break below 1.3144 and a 1H close below 1.3107.

My still open 1 mL short is in the red $196



Wrong on top call, but there was no confirmation.

Regardless, its a bad call.

will try again.

Same short position still ongoing loss = $291
 
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