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cheers arco
more work to be done on the old EW, [:I]
still, keeps me thinking
slam
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Looks very over done now and possible
Gann support at 6622
Current position short from 6881 = +236
Time to tighten the stop me thinks
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quote: Originally posted by arco
Looks very over done now and possible
Gann support at 6622
...........
And the bottom was .6628
arco 6 pips out, what's going on
good call
Cheers
slam
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Hi Slam
6625 was the low on my EOD charts from Reuters -
anyway, my apologies for the slight discrepancy
I promise to try harder next time....[B)] LOL
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Printed a nice 5 on the hourly chart and looks like b just completling on the corective.
Looking for a long entry after c
anyone else agree?
Cheers
Slam
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Hmmm, looking at daily, I'd personally be a seller at 6800, being 61.8 retracement level of move down from 6900 area to low 66's, but with a tight stop.
Still think we have a lagging effect in sell-off in EURO.
But I don't profess to be an expert on this cross (or any others for that matter!)
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See what you mean on the daily Xerof
The 5 I mentioned on the Hourly would be A on the Daily
The 3 would be B and if C stays in the channel .6850 would be the top.
So a long at C on Daily would be a quick one, and in Hindsight probably best to wait for the next 5 down to start
Thanks Xerof, good to have someone make you look at the bigger picture.
I have a habit of getting the charts down to a small time frame and forget the main objective.
Cheers
Slam
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Major Gann at 6836. (Minor 6805).
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