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Xerof
Still short EUR + 113.....not much movement overnight
I think the guy behind Karoll is Dimo
Dimov who at one time posted on the EW
Forum under the member name Dimo.
I have not followed his picks so cannot
comment on the quality of his work,
although I understand he uses Neely's rules
for wave counts from the book....
Mastering Elliot Wave: Presenting the Neely Method: The First Scientific, Objective Approach to Market Forecasting with the Elliott Wave Theory.
arco
Euro has moved through a possible support level
at 2940 and is now showing +206 pips.
Expecting a little rest here around 2879 while
it tests the change of polarity circa 2940.
looking more and more like a reasonable hold for the medium term Arco - 1.2770 first target, then circa 1.22?
Hope I haven't put the commentators curse on it !
Xerof
There are multiple targets but IMO next main support
could be circa 2695. Minor support perhaps around 2817,
with Fibonacchi projections as low as 2207 at the moment.
What I really like is the oscillator which is negative zero.
(It may be possible we see a test of polarity on that).
arco
Stopped out at +147 pips.
As I mentioned earlier
"It may be possible we see a test of polarity on that".
.........which appears to be the case.
Will remain flat for the time being.
Got that one right:)
Shorted at 1.2954 (could have been better)
currently 1.2869, 170 pips
Slam
slam u brought 2 contracts?
85 pips x 2 = 170?
Hi Dazza
Yep sorry 2 contracts at that price[:I]
Got a bit excited there.
Also brought 2 more at 1.2930, and another 2 at 1.2919.
Got a tight stop on all 6 until I see what happens around 1.2780
If it goes through that resistance ok, may head south to circa 1.22? as the other guys have said.
Cheers
Slam
Arco, sorry about the commentators curse:(:( - shall refrain in future;)
Xerof
No problem Xerof......
a profit is a profit....always a chance
to board the next train south.
arco