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

Are we seeing the end of the 'C' wave? Probably gonna continue further up hmmmm?

Originally Posted by munawwar_a

Are we seeing the end of the 'C' wave? Probably gonna continue further up hmmmm?

Hard to tell but wC does equal wA at 3421. A good mark is 138.2 FE of wA@3624. But minimum target has already been reached so we could go down from here. I like the short against the recent high but a new high(flash) would make the short violent. It looks like DX was rejected from it's iHAS neckline so far, so the flash high is not out of the question yet. Hoping that w3 of C is complete at the top or near completion, which means w4 of C down, then a 5th.

Let's see if this daily candle closes as a shooting star. if so I would have a bearish bias against the top with an inital target of 82.

Get your party hat on!

Lack of any divergence on 4H RSI or Stochs tells me that E/U is not likely to drop farther than 1.32 before continuing back up next week. I'll be watching those indicators for a bottom so that I can load up on longs.

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First day out of my sick bed all week.

Whilst wave yB fell slightly short of anticipated target one must remember, especially where a Wave C is to follow per the greater degree, that this is no ordinary phenomena.

However, trade per Wave yB closed out manually with a net gain of over 550 pips representing nearly 100% of the entire pip value.

The 1hr chart below shows the picture I have been sharing for the last few weeks and it continues to demonstrate that pattern overall is as predicted.

Wave C may be half complete or complete... we will have to wait and see I guess.

Best wishes everyone.


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Originally Posted by Colly

,


First day out of my sick bed all week.

Whilst wave yB fell slightly short of anticipated target one must remember, especially where a Wave C is to follow per the greater degree, that this is no ordinary phenomena.

However, trade per Wave yB closed out manually with a net gain of over 550 pips representing nearly 100% of the entire pip value.

The 1hr chart below shows the picture I have been sharing for the last few weeks and it continues to demonstrate that pattern overall is as predicted.

Wave C may be half complete or complete... we will have to wait and see I guess.

Best wishes everyone.


,

Welcome back Colly! Hope you are feeling better!

hhhhhhhhhhhhhhhhhhhhhhhhhh

Originally Posted by AyoBro

Hard to tell but wC does equal wA at 3421. A good mark is 138.2 FE of wA@3624. But minimum target has already been reached so we could go down from here. I like the short against the recent high but a new high(flash) would make the short violent. It looks like DX was rejected from it's iHAS neckline so far, so the flash high is not out of the question yet. Hoping that w3 of C is complete at the top or near completion, which means w4 of C down, then a 5th.

Tracking DX missing 5th wave.

welcome back : did not know you had problems, hope you are feeling fine now.

Originally Posted by Colly

,


First day out of my sick bed all week.

Whilst wave yB fell slightly short of anticipated target one must remember, especially where a Wave C is to follow per the greater degree, that this is no ordinary phenomena.

However, trade per Wave yB closed out manually with a net gain of over 550 pips representing nearly 100% of the entire pip value.

The 1hr chart below shows the picture I have been sharing for the last few weeks and it continues to demonstrate that pattern overall is as predicted.

Wave C may be half complete or complete... we will have to wait and see I guess.

Best wishes everyone.


,

Hey Wiz!!!!!! Your back in action!!!! I give you back the forum!!! I can resume my low-key status to concentrate on making money for the team. Some claimed to be leaving for good but we're still here, no one has left, I think? Great to have you back my brother!!!!!!! Have a restful weekend.

To all you guys, have a great weekend!!!!!!!!!!

Ayo out!!!!!!!!

Originally Posted by Gregory McLeod

Welcome back Colly! Hope you are feeling better!

Thank You Greg.

A little yes, made a tuna salad earlier which added to the two bowls of fruit and nuts all week... very tired but I can actually stand and sit. I like laying down but crikey, a week is a long time to be horizontal

Originally Posted by nopainnogain

welcome back : did not know you had problems, hope you are feeling fine now.

Thank You Thomas

By Monday I shall be fine, still a little fragile but there is always a lesson in any illness and for that I am grateful.

Originally Posted by AyoBro

Hey Wiz!!!!!! Your back in action!!!! I give you back the forum!!! I can resume my low-key status to concentrate on making money for the team. Some claimed to be leaving for good but we're still here, no one has left, I think? Great to have you back my brother!!!!!!! Have a restful weekend.

To all you guys, have a great weekend!!!!!!!!!!

Ayo out!!!!!!!!

Thank You... but You knew already

From herein I shall join the "low-key" brigade too

Originally Posted by Colly

Thank You... but You knew already

From herein I shall join the "low-key" brigade too

Hi Colly
I hope you're feeling better. My Michael was hospitalized for pneumonia for a day over the Christmas-New Year holiday, its no fun

your right on

Originally Posted by nopainnogain

your right on

Read my mind again.