View Full Version : EUR.CAD
31-10-2005, 07:28 PM
A breakout looks due for this pair this week. Standard charting theory would suggest downside is imminent on both timeframes. Any other supporting evidence gratefully received...
Can't help much with this one....not on Rooters or on the platform.
09-05-2008, 09:34 PM
possible long on this one
nice bounce of lower channel on dailies
candlestick confirmation and elliot count suggestive of a long
gartley on hourly may allow nice entry
cant quite be ****d to post a chart but will if anyone wants to see it
I dont normally look at this one but there appears to
be a bearish Gartley still playing out.......
If we see a TL break north that should be a good sign....
rgds - arco
09-05-2008, 11:23 PM
i just got in on the spike lower at 155 36 long
61.8 xa leg
so see how it goes
dont get what you guys are saying
bearish gartley break north ?
DB has gone long on the recent spike which formed a small genetically modified bullish Gartley (extended C leg) off the bigger bearish Gartley
I dont have a position - prefer to wait for a TL break and test.
rgds - arco
09-05-2008, 11:46 PM
sorry peat my posts are getting worse
my direction is based on daily channel trade so posted a hammer on lower channel
so i reckon its a long from dailies
bearish gartley on hourlies i have used as my entry 61.8 xa target
probably jumping the gun but its looking like hammer print on hourly and bouce off rising trendline
Not planning to trade this at the moment, but
looking at the daily chart throws up some future possibilities.
The ABC Gartley derivitive was the short trade we
should have been on for about 400 pips.
Good weekend all -arco
10-05-2008, 11:57 AM
i see where your coming from
i would have a slightly different view based on elliot count
this wave down from 163 24 appears to be corrective and on bigger count a 4th wave
this flat correction should end at 4th wave of smaller degree , which is where its at now
so a few other things too(channel line and candelsticks etc ) a long from here based on
elliot count gave a good risk reward as stop could be just below 154 low if this count is
the entry is based on the move up being a wave 1 which has retraced to 61.8 as wave 2
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