EUR.USD

**arco** · 21-04-2008, 10:43 AM

Hi Bilo

My apologies for any confusion.

The post was regarding the new 'Butterfly' formed at the completion of the Gartley target - (light coloured PTZ/PRZ box area in red circle). Please refer to my previous post #652 where I said "there might be a few pips south on a retrace from the PTZ"

My chart was showing the new short order at 1.5923 (I had just entered the position - see profit bar at bottom showing +1). A profit had already been taken on the long Gartley mentioned earlier (at Fib 1.618) and this was a new trade based on the new Butterfly shown below on the amended chart

rgds - arco

**Steve** · 22-04-2008, 05:21 PM

Short it is...

**dumbass** · 24-04-2008, 06:18 PM

bearish engulfing on dailies suggesting risk limit is 16018 which does appear to be a

significant top

will attempt to build low risk short entry against this risk limit

**Steve** · 25-04-2008, 02:45 PM

Nice drop to 1.5660 as expected. Now, will it continue downwards or will it re-trace back up?

**Dr_Who** · 25-04-2008, 05:07 PM

Is this a "dead cat" US dollar bounce?

**dumbass** · 25-04-2008, 07:28 PM

The Coca-Cola Co

'ITS THE REAL THING'

**Steve** · 26-04-2008, 05:41 PM

Closed my short EURUSD a tad early and missed out on that last dip down to 1.5550 but it did retrace back above my exit by closing at 1.5630

Still, I'm more than happy with the profit that has been locked in.