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Thread: EUR.USD

  1. #721
    action-reaction arco's Avatar
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    Hello Bilo

    I was pretty close on the resistance area mentioned - quote "I'm expecting some resistance around 4815-30"

    The action went to a high of 1.4832 and then dropped 91 pipsbefore moving higher.

    I would expect to see a retrace at this point.

    rgds - arco
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  2. #722
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    Quote Originally Posted by arco View Post
    Hello Bilo

    I was pretty close on the resistance area mentioned - quote "I'm expecting some resistance around 4815-30"

    The action went to a high of 1.4832 and then dropped 91 pipsbefore moving higher.

    I would expect to see a retrace at this point.

    rgds - arco
    Yeah, it was a good call. Just about time for a Stella..

  3. #723
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    one to look out for market open

    long eur usd entry at stop bid 148 target 149 79 and 151 50

    stop loss 147 35 or a bit more generous 146 65

    top h1 and then h10
    Last edited by dumbass; 24-08-2008 at 09:51 AM.

  4. #724
    action-reaction arco's Avatar
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    Hi DB

    Morning Star is a powerful pattern - normally. But today the trigger happy probably got burnt. You had a very logical entry, so trust you didn't get spiked in.

    I've had most of the day off, so just returned to see how the land lies.

    No positions so far this week.....so see what can be made of the patterns.



    arco
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  5. #725
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    hi arco , it looked pretty good but wasn't to be .

    starting to think new low may be on the cards or at least a test of previous low

    so looking for a short

    what you up to ?

  6. #726
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    looks like 4th wave top may be in at 14910

    now got a clear 5 waves down , so will enter on retracement to 14870 area for

    a shot at 146 30 low

  7. #727
    action-reaction arco's Avatar
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    Hi DB

    Haven't found anything I like so far......still trying to get a feel for
    the new week......

    rgds - arco
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  8. #728
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    elliot wave are saying exactly the same thing DA. do they have a subscription with you
    For clarity, nothing I say is advice....

  9. #729
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    ha ha that'll be the day

    hey peat i tried to get into the ewi site but have given up

    any chance of a post on eur usd

  10. #730
    action-reaction arco's Avatar
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    .

    There could be some support coming in from the consolidation area (triangle), so is it feasible there could be a little bounce from here.

    Waiting in the wings until its more clear

    .
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