Thread: Closed: Discuss EUR/USD News with a DailyFX Analyst

Originally Posted by martyman13

I'm putting my $ where my mouth is. Long at 1.335, stop at 1.3337 (in case I'm wrong).

See chart in post below.

Update: Blast this volatility (or my over-eagerness?)! Moved my stop up to +1 pip too soon and got stopped out. Grrrr

I'm leaning towards your count. I think we need a flash 5th wave to finish w3, so double top or new top, then down to the abyss. Stan's triangle is breaking downward as we speak.

Originally Posted by stanchiam

1 min zoom in, if correct, then will break below very soon

ps: count invalidated if it go above c, as long 1.3885 holds, the count still valid

hmm...transformed to this, anyway, it should work and see w3 of my count take off....houston to 1.326 first target.....

Originally Posted by AyoBro

I'm leaning towards your count. I think we need a flash 5th wave to finish w3, so double top or new top, then down to the abyss. Stan's triangle is breaking downward as we speak.

my arse is on fire !!
long quick scalp for 15 lge pips
now my indicators are mixed anywhere near 13380

Stan, marty Ayo thanks for the EW stuff count and all......defo halps me even if im scalpin.
I must put this fire out

Originally Posted by AyoBro

I'm leaning towards your count. I think we need a flash 5th wave to finish w3, so double top or new top, then down to the abyss. Stan's triangle is breaking downward as we speak.

triangle count invalidated, but count still valid

Originally Posted by AyoBro

I'm leaning towards your count. I think we need a flash 5th wave to finish w3, so double top or new top, then down to the abyss. Stan's triangle is breaking downward as we speak.

Thanks Ayo.

T1 hit at 1.3380. Almost at T2 (1.3400), and then on to T3 (1.3445).

Originally Posted by cw1

my arse is on fire !!

LOL, if you killin them from the long side of things, then that's whassup!!!!! Catching the top for the ride down, was a winner too. As far as direction, my hrly is extremely o/b, soon 4hr as well, so new top below 3535 and the drop should be violent. Of course, weekend action, will void this whole post.

Originally Posted by stanchiam

triangle count invalidated, but count still valid

i think if we break 1.3340 we will have great chance for a HEad an Shoulder top on the 30 min target 1.3230 and 1.3180

Originally Posted by cw1

my arse is on fire !!
long quick scalp for 15 lge pips
now my indicators are mixed anywhere near 13380

Stan, marty Ayo thanks for the EW stuff count and all......defo halps me even if im scalpin.
I must put this fire out

glad it help a little, btw, the wxy count for w2, pip wise and time wise, w and y is almost the same

went green then red with in first hour. watch closely. London close could be key.

Originally Posted by nopainnogain

went green then red with in first hour. watch closely. London close could be key.

could this
Oil falls to near $90 on weak US jobs market - Yahoo! Finance
be a warning of risk aversion to come?

WHILE : dont think many folks saw that coming. thanks

Originally Posted by AyoBro

LOL, if you killin them from the long side of things, then that's whassup!!!!! Catching the top for the ride down, was a winner too. As far as direction, my hrly is extremely o/b, soon 4hr as well, so new top below 3535 and the drop should be violent. Of course, weekend action, will void this whole post.

haha yes indeed- i placed a long at bottom of last wave up and fell off my seat as 15 pips hit when not expected.....gonna take it easy from here and look to place scalps shorts from relative highs on my small TFs....and my 1 hr is bursting to drop

Originally Posted by stanchiam

glad it help a little, btw, the wxy count for w2, pip wise and time wise, w and y is almost the same

Thanks Stan- gives me direction sometimes for more pips on my scalps

Originally Posted by nopainnogain

went green then red with in first hour. watch closely. London close could be key.

im lookin for the high again then short on dow

Originally Posted by stanchiam

could this
Oil falls to near $90 on weak US jobs market - Yahoo! Finance
be a warning of risk aversion to come?

Brent crude oil is mega fast up and i have often sold highs and bought in dips 50 pips with ease due to speed of it--would love to MT trade it but i dont have BALLLS big enough !!! the wife does though ....lol

Originally Posted by cw1

haha yes indeed- i placed a long at bottom of last wave up and fell off my seat as 15 pips hit when not expected.....gonna take it easy from here and look to place scalps shorts from relative highs on my small TFs....and my 1 hr is bursting to drop

Looking for a 5th wave ED. 3318 break will void the ED. Second chart shows max target for 5th wave blow-off. Currently short based on DX iHAS.

Originally Posted by stanchiam

could this
Oil falls to near $90 on weak US jobs market - Yahoo! Finance
be a warning of risk aversion to come?

The actions of the Chinese raising reserve requirements may be having more of an impact on commodities today.

EUR/USD London session review and outlook, January 14, 2010




Regards

Alejandro Zambrano
Currency Strategist | DailyFX Forum (London)
azambrano@fxcm.com

Joining DailyFX Forum is free and offers an extended range of features, including: Replying to other peoples' threads and receiving email notification of replies to posts and threads you specify. Click here to join.