Euro looks to have done 5 waves down on 60 min chart.
1.2733, previous support on daily should now contain any corrective rally
Xerof
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Euro looks to have done 5 waves down on 60 min chart.
1.2733, previous support on daily should now contain any corrective rally
Xerof
my stop was (still is)at 1.2750
looks like theres some more pips for takin so far this morning...
Just closed posstion.
Looks lick a retrace imo.
Cheers
Slam
Gone long with a tight stop
Could end up with egg on my face.[:I]
Cheers
Slam
Arco,
very interesting chart posted on TT by GWD for EUR.USD. Given his track record what do you make of it?
Does fit nicely with his EUR.GBP chart posted a few days ago, calling for major rally in this cross.
Xerof
...that sounds very contrarian given the sentiment I'm seeing.
I've taken another short at 1.2626 but this one has a tight stop loss.
Agree Peat, going against my instincts too, but I have to say he has posted with unnerving accuracy of late and his views can't be totally ignored.
You'd be following martin on GV no doubt:D:D who also has a great reputation.
Opposing views are what makes this such a great market - you sleep in the bed you make
Cheers, and I note its a quiet week for data Peat, so a few early nights ahead?
Xerof
yeh totally - martin is da man!! heheh
i think u and arco have it sussed too tho....
you would have read then that there's a large EUR/GBP oda in London market. Seems GBP side is taking all the pressure of it, hence EUR/USD is slightly more resilient this evening
Xerof
yeh i read that but didnt take too much notice...
i am kinda expecting some resillience after these drops... but can live with it - prepared to punt that it will evaporate.
note xerof, my mini-lots dont amount to much in the big scheme... i wanna play it like this for sometime before i start ramping up the stakes. too me conservatism will enable my survival in this dangerous game.