EUR.USD

[arco]

Hi Peat

Nothing is certain in forex but anything is possible
once butterflies start their journey north.

arco

[arco]

Everyones gone to the Moon - except Jonathan

.....but as long as butterfles head north thats fine with me.

[peat]

MORE FREE EWI :


EURUSD (Intraday)
Posted On: Aug 30 2005 8:46PM ET / Aug 31 2005 12:46AM GMT
Last Price: 1.2230
High Confidence

[consolidation then down to challenge 1.2127]

Prices appear ready to test the area of first
resistance near 1.2240.


Resistance should be anywhere from the previous
fourth near 1.2240 on up to the .62 Fibo near 1.2280.

[arco]

from the EWI free week...........

[arco]

Mentioned 25th Aug

quote:
.........we might just see a run to the 2678-2693 area where
Major Gann has a strong foothold.

Winging nicely north at the moment....(medium term).

........probably about 200 pips minimum so far
for any brave souls who joined the Monarch flight [:0]

arco milking the monarchs

[slam]

Same as JYP cross, looking like c of V to the 2690ish area, arco's target

slam

[arco]

You don't mean C of E do yah Slam?

See, that wines working already

Just thinking there still may still be a bit
of downward pressure before we reverse to the
target area mentioned 25/8

[slam]

Yeh, sorry arco, that's what I ment[:I]
(bugger, more homework[:o)])

[Xerof]

Arco,

Following up on a post over at TT by master re a gartley on EUR/USD, I've done the calcs and seems a very precise formation is/has formed. Could you cast your net over this one?

The classic features appear to be in place - AB = CD, D is at 50% fib of XA, and there was a 2 wave in CD

Looks like EUR was/is a buy around 12375/80 level, with a stop below the 61.8% fib at 12325.

Also lines up with your recent comments re turn levels, so maybe you've already worked this one out and caught a few monarchs overnite????

regards

Xerof

[arco]

Morning Xerof - welcome back

Yes this is a Gartley I have been posting about
since many moons (giving Gann targets on TT and ST)
Looks like Mrs Ganns barmy army at 2207 are holding firm,
so we might just see a run to the 2678-2693 area where
Major Gann has a strong foothold

In the short time I have been riding on this last swing down
for about 55 pips, whilst carfully watching events unfold,
because at some point the worm will turn for Hatfield and the
North

arco