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Xerof
31-10-2005, 06:28 PM
Evening all,

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...

http://img480.imageshack.us/img480/1041/eurcad8ee.png

http://img500.imageshack.us/img500/9572/eurcad0uw.png

Xerof

arco
31-10-2005, 07:57 PM
Evening Xerof

Can't help much with this one....not on Rooters or on the platform.

arco

dumbass
09-05-2008, 08:34 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

arco
09-05-2008, 09:16 PM
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

dumbass
09-05-2008, 10:23 PM
hi arco

i just got in on the spike lower at 155 36 long

61.8 xa leg

so see how it goes

peat
09-05-2008, 10:37 PM
dont get what you guys are saying
bearish gartley break north ?
goin long...?

arco
09-05-2008, 10:41 PM
Evening Peat

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

dumbass
09-05-2008, 10:46 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

peat
09-05-2008, 11:00 PM
er yeh ok!
good luck DA

arco
10-05-2008, 09:06 AM
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

dumbass
10-05-2008, 10:57 AM
hi arco

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

correct

the entry is based on the move up being a wave 1 which has retraced to 61.8 as wave 2