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Old 12-20-2007, 04:23 AM
blueman blueman is offline
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Join Date: May 2004
Posts: 221
blueman
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Quote:
Originally Posted by brad_1199 View Post
I say Give this pair just a little bit longer and we just might have a nice downside thrust In Wave A.... It looks to me like there is already too much downside thrust off the high..... I would not be surprised at all to see this pair move down very fast if my count proves correct. I thought an upside correction first intraday, but I'm starting to question it... I'm see'in alot of RED coming off that last high.. My first target will be 1.3700. ___ Remember this is the weekly chart...

This Is by no means telling anyone to take a trade... It's only information... what we do with our trading is our own personal business We must make our own decisions in life.

I hope anyone new around here learns something from these posts.... I remember how hard it was when I first started... If you keep your eyes peeled though... especially on the oscillators and the longer time periods, you should do alright !


Another thing I noted on the chart was the Wave 4 of 5 "Throw Under" It pops just outside the bottom of the diagonal triangle before the final thrust higher over the top.

That should be your cue to watch for the top

If your trend lines are drawn correctly off the top of wave 3 and the bottom of wave 4, you should see it.


-CHEERS-

i personally disagree with you Brad,i just think if we have a big correction case of the 1.5000 is a big sycological level for eurousd,i am still see euro more higher around 1.5600 or maybe even 1.6200 for next year
 


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