EUR.USD

[Xerof]

As usual Peat, I'm very vague on my waves - just looking at Arco's last chart on previous page - its that wave iv I was referring to.

Don't know what the price action over recent days might have done to that picture, but seems a good possibility, subject to our flow mans confidence in 1.2182 level of course, that early 1.23's might be seen.

Nothing like a nice cleanout to get ready for a sell-off from a higher plane - means it should fall harder, especially in wave v

3's and 5's are the best to trade IMO

[Xerof]

Pheeeew, Peat, still hanging in there? A tiny bit of upside slippage, but starting to look better for GC Martin's line in the sand. Might be a late night.....watching Titans at play

chuck another 5 billion at the bloody thing.....

[peat]

i am xerof
this a a good learning experience

[B)]

[Xerof]

Its called character building - all I can say is stick to your rules.

Inevitably when you don't, the market canes you mercilessly.

I've got a few welts on my back from yesterday from not entirely following my own rules (smacked like a red-headed step-son, as they say) but lived to fight another day

Xerof

[peat]

i set a non movable stop to start scaling out at 1.2205 , i kinda wondered if the 00's would act as a barrier... which they have so far.Thing is tho, to me it really doesnt look like weakness can arrive soon. The buying is very solid.

[peat]

haha as soon as I say that the trend line testing on the bottomside occurs, not that I mind.

[Xerof]

very large sell oda hit market at 00 - US investy bank

[peat]

well for some big players who were long 1.22 might seem like a bit of a reprieve given a 1.20 and falling situation...

[miner]

It was a long on trend line break(hourly),usd/chf did the same as did eur/jpy(break on a few time charts and bounced of daily trend line),and eur/usd had a nice hammer on the 5min just as they were doing it.

Eur/usd and eur/jpy went same way usd/chf other so they confirmed the move with each other,pity me had no power last night tho.

Cheers
Miner

[miner]

Double bottom on the 15 and 5 min to go with the hourly trend line break,worth a watch,although other 3 a tad messy.