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09-13-2012, 08:45 PM #46651
Ok, this one seems clear to me but, who really knows. There is a gap back at .9183 visible on both the daily and weekly chart .9194-.9183. Possibly going back to close. If y and z are equal, look for a turn in the .9100 area.
09-13-2012, 09:36 PM #46652
The Eur$ should rise to near the area of wave 2 of the diagonal. Based on this analysis the resulting move should result in a price top in the area of 1.3340 to 1.3380. Both prices are also in the area of .618 of the decline from wave E.
09-14-2012, 12:57 AM #46653
EU possible turning point.
possible turning point and my long term view.
09-14-2012, 05:42 AM #46654
I think we will peaking soon. Looking for a 3 wave set back
Originally Posted by Luxuriant
Have courage to look beyond the short term.
09-14-2012, 05:56 AM #46655
i'm betting that it's terminal, which is or about to complete;
from here price should travel right to the start of the terminal and appears that 61.8 of the whole up-move is sitting there as well;
i tend to think that aud gonna be weaker than eur, cause the up-move in euraud does look like an impulse, and we might be in wave 4 (triangle, c=0.766 of a) right now, so if it brakes north, wave 5 probably will break szaman's ending diagonal's upper trend and only then close the gap at .2180
let's see how it turns out
09-14-2012, 06:37 AM #46656
I gave a "Like" 'cause it's pretty much what I was thinking and just went short. Give it a couple of days to play out and roll over. If it hasn't rolled by 9/18 then it's back to the Etch-a-Sketch.
Originally Posted by Vitalij
Charts are never wrong, but the chart reader often is.
09-14-2012, 07:30 AM #46657
Possible triangle breakout in wave 4 of iii of III....
09-14-2012, 08:24 AM #46658
EUR/USD 1.3130/50 should cap the up move for now....
09-14-2012, 09:19 AM #46659
@ Jimbo - we have the same idea
big big "like" for your minds
09-14-2012, 12:01 PM #46660
Anyone has a count for SPX500?
Top in place at 1,474.9?
09-14-2012, 12:56 PM #46661
Here is the way I see it. I have a target of 1482. It has probably topped but, I doubt it because if this is a diagonal, the price typically trades to 62% or more of wave 3.
09-15-2012, 06:35 AM #46662
here is my latest video for EURUSD, AUDUSD and Oil. looks like some longs will be interesting next week. I am also observing some of the jpy crosses for risk-on set-ups as USDJPY shows evidences of a low.
Last edited by grega; 09-15-2012 at 06:38 AM.
09-16-2012, 01:27 PM #46663
Here is my weekend analysis of the Gbp$. I think a top is either in or very near. In contrast to past posts, I have counted the correction as a w-x-y correction. In this count wave W is 510p. Wave Y when measured from X is 522p and wave Z is about 8p shorter than wave W at 502p. However, wave Z when counted as an a-b-c subdivides into 2 equal waves of 280p.
I am hesitant to call a top based on time because the short-term waves are of different time lengths. As a result, Y-Z time extends to September 21. However, on my intermediate time analysis time is up on 9/16. Therefore, I look for a clear signal this week. There are also some unfavorable astrological events this week including saturn/moon conjunction(short-term) and the equinox will also come into play this week.
09-16-2012, 01:53 PM #46664
buying at 1680
09-17-2012, 07:11 AM #46665
How are you positioned? Don't be shy, tell us the currency pair or asset that you are either long, short or the level you are waiting for.
I am looking to go long EUR/USD in few hours
No need for a chart (unless you want to upload a chart) - you can even post a non FXCM/DailyFX chart!
This is just a great way to get everyone to participate and get a sense about market sentiment through our forum sampling!
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