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03-06-2008, 06:51 AM
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Join Date: Feb 2008
Posts: 138
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EURUSD_the 5th waveusually truncated after a strong 3 th wave
appreciate your reply truelu 
another reason I think EURUSD may start reverse is according to the EW theory, the 5th wave usually truncate after a strong 3 th wave.
if Jamie see this, would you give me some comment or suggestion?
any view is welcom!
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03-06-2008, 07:14 AM
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Registered User
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Join Date: Feb 2008
Posts: 2
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Eurusd
Dear trader
Do you think the 5th wave will complet at 1.382 fibo leve or eleswhere?
Stay well
rta
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03-06-2008, 07:15 AM
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Join Date: Sep 2006
Posts: 39
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gbpjpy
wave v of c is on now. looking to flip my position to short 209.00. that will be near the 61.8% retracement of the move down from 213.50
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03-06-2008, 07:42 AM
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Join Date: Jan 2008
Posts: 385
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Quote:
Originally Posted by Jamie Saettele
Do not forget that this is a 4th wave though...so a triangle is also a possibility.
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This seems to be the case - an expanding triangle
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03-06-2008, 08:11 AM
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Join Date: Jan 2008
Posts: 635
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EUR/GBP Waves and cable
Quote:
Originally Posted by WhatCount
Jimbo this fit well and i think spot on! EUR down Cable up today!!
driver will be ECB comments....lets see
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I think the market is trying to antcipate the JCT speech and that is dangerous, they are looking for dovish comments and the move in EURGBP has moved fast..
Caution here!!
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03-06-2008, 08:13 AM
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Join Date: Sep 2006
Posts: 39
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cable
guys,
my updated count on cable. since i believe gbpjpy is going higher, cable will most likely play out the scenario i am presenting. thus i am expecting resistance around the 2.01 level
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03-06-2008, 08:23 AM
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Join Date: Oct 2006
Posts: 205
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Quote:
Originally Posted by cyberchukky
guys,
my updated count on cable. since i believe gbpjpy is going higher, cable will most likely play out the scenario i am presenting. thus i am expecting resistance around the 2.01 level
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chukky,
cable stopped almost exacly where it was supposed to. I'm keeping an eye on that upper resistance trendline. Sure if it's broken we'll see 2.0100
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03-06-2008, 08:28 AM
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Member
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Join Date: Oct 2006
Posts: 205
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Quote:
Originally Posted by WhatCount
I think the market is trying to antcipate the JCT speech and that is dangerous, they are looking for dovish comments and the move in EURGBP has moved fast..
Caution here!!
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Ray,
nice move on eurgbp. It's breaking down and I'm looking for 0.7610 as min target.
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03-06-2008, 09:48 AM
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Join Date: Feb 2008
Posts: 130
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Hi every one,
Cable make expending triangle, do any one note this ????
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03-06-2008, 10:20 AM
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Member
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Join Date: Sep 2006
Posts: 39
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Quote:
Originally Posted by St_Fx
Hi every one,
Cable make expending triangle, do any one note this ????
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can you put on a chart so we can see what you are seeing ?
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03-06-2008, 10:25 AM
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Member
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Join Date: Jan 2008
Posts: 635
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EUR/GBP Waves and cable
Quote:
Originally Posted by JimboFX
Ray,
nice move on eurgbp. It's breaking down and I'm looking for 0.7610 as min target.
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Jimbofx
Yes good move and upside should now be capped , i am looking for .7625 as first stop. HAving said that EURUSD has not stopped so caution...stops can be placed above .7673
Cable still going Wave 5 to end at daily R1 = 20113?
regards
Ray
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03-06-2008, 10:53 AM
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Join Date: Jul 2005
Posts: 3,865
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Quote:
Originally Posted by marketwavez2
Gbp/Usd
(4hr bars ) Wave-count
------------------------------------
Special Note :
This chart is dedicated to anyone who has a
bullish heart toward this currency pair going forward......
///////////////////////////////////////////////////////////////
---------------------------------------------------------------
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Remember this chart from yesterday afternoon ?
- Now here we are this morning ,......
A Bull Flag was there Indeed ............. 
////////////////////////////////////////////////////
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03-06-2008, 11:20 AM
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Member
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Join Date: Oct 2005
Posts: 1,606
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Quote:
Originally Posted by cyberchukky
hi mike,
seems the boat has sailed. if my count is correct, i will be expecting another retracement b4 another low after the completion of this thrust
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Hello cyberchukky
Are you still short USDCHF?
I shorted last night, before the triangle breakdown.
I expect it to go down another 50-60 pips from the point where we are now (102.9).
which gives me target of 1.02387
Then after we should see a reversal for the next move to the upside.
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03-06-2008, 11:34 AM
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Join Date: Dec 2007
Posts: 1,625
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Aud/usd
Hey guys,
Here's a possibility for AUD/USD. Wave two may be complete and price could be turning higher now. It looks like wave two could have been a flat correction. Wave C ended right in the territory of the previous wave four of one lesser degree.
Any thoughts?
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03-06-2008, 12:01 PM
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Member
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Join Date: Jul 2005
Posts: 3,865
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Quote:
Originally Posted by justy10125
Hey guys,
Here's a possibility for AUD/USD. Wave two may be complete and price could be turning higher now. It looks like wave two could have been a flat correction. Wave C ended right in the territory of the previous wave four of one lesser degree.
Any thoughts?
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Where are the prices levels on this chart Justy ?
Where is the price grid ?
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