EUR.USD

**dumbass** · 11-12-2009, 08:53 PM

may be close to triangle completing and bearish elliot count may take prices lower.

**dumbass** · 12-12-2009, 10:44 AM

closed this morning 140+ , that could be 5 waves down and now should retrace for another short entry.

**dumbass** · 07-01-2010, 10:12 AM

There may be a low risk short entry here.
5 waves down from 14483 which will set risk limit , when ascending wedge breaks could be good for a couple of hundred.
would be great if ran up to 78.6 around 14440

**arco** · 07-01-2010, 03:59 PM

Hi DB

I also like this for a possible short.
Looks like a bear flag,but all the signals have not stacked up yet.
Hugh fall of 900 pips and only a 23.6 retrace.......bit peculiar

here's the weekly

**dumbass** · 07-01-2010, 04:44 PM

hi arco, i get where your coming from, but i suppose when a move gets going the big retraces just never come.
i suppose its only fair watching everything else climb vertically against the usd it may have a TEMPORARY day in the sun.
to me this was a great low risk trade in at 14440 with a risk of 50 pips.
Just printed a evening star on h1 but i suspect it will be a slow grind untill NFPs out the way.
LOVING the site keep up the great work.
paul

**dumbass** · 11-01-2010, 09:21 PM

Originally Posted by dumbass

There may be a low risk short entry here.
5 waves down from 14483 which will set risk limit , when ascending wedge breaks could be good for a couple of hundred.
would be great if ran up to 78.6 around 14440

good pips on this trade nearly 200 up for grabs but got a safe 140+

**piptrader09** · 12-01-2010, 04:01 PM

NZ Brokers?

Hi does anyone know of reliable kiwi brokers ? I have been with WSD Global markets based in Auckland , and NZX regulated . They offer some of the best spreads in the market w/ 0.5 Pip spread on EURUSD..