The Purely Technical EUR/USD Trading Thread

[didoda]

I am looking for and hoping to play this last move down as the last part of a 'b' wave down in an expanded flat - now the 'c' wave up to close all the gaps and complete the 'wave 4'!

With all the changes to the threads and where to post, I am just a little confused, so I am going to take a break from the forums here at Daily FX and wish you all well.

Maybe catch up later in the year.

"B" irregular flag, now "C", that's my hope to cover...

[garr70]

I am looking for and hoping to play this last move down as the last part of a 'b' wave down in an expanded flat - now the 'c' wave up to close all the gaps and complete the 'wave 4'!

With all the changes to the threads and where to post, I am just a little confused, so I am going to take a break from the forums here at Daily FX and wish you all well.

Maybe catch up later in the year.

Hi clivewaverider, I am not on this forum long but just want to say you will be missed. i find your posts very informative, interesting and so do many others. this forum will not be the same without you, so i am asking you to stay.

[Clivewaverider]

Hi clivewaverider, I am not on this forum long but just want to say you will be missed. i find your posts very informative, interesting and so do many others. this forum will not be the same without you, so i am asking you to stay.

Thank you Garr70 - i hope the weather in Ireland is better than here!!

This is what I see:

I still believe that this leg down from 1.4939 is a 'b' wave of an overall 'abc' which will launch an unexpected 'c' wave up of 'B' before the real 'C' wave down next year. This is labelled in the monthly chart within the screenshot (lefthand side).

In the interim, 'b' seems to finishing off with an ending diagonal - there is a clear triangle developing between the 61.8% fibonacci fan line from the all time high of 1.6037 and the 94.4% fan line all the way back to 1995. (I have written in detail about these in my weekend reports on the Purely thread.) I have an alternative count of still being in wave 4 down which itself is taking the form of an expanding flat and again we are just finsihing of 'b' of that. Either way, I am not looking for much more down.

I have drawn in the same diagonal but on the daily chart (right hand side) which suggests a target of approx 1.2550-1.2600 for the next leg up in the pattern.

It could of course all turn into something else but this is what I am looking at go keep me busy for the rest of the year. I am now taking a break from the forums up for the summer and will catch up here later on in the year.

[MOZI32]

will miss you my friend , hope for you all the best and enjoy the summer

,

Thank you Garr70 - i hope the weather in Ireland is better than here!!

This is what I see:

I still believe that this leg down from 1.4939 is a 'b' wave of an overall 'abc' which will launch an unexpected 'c' wave up of 'B' before the real 'C' wave down next year. This is labelled in the monthly chart within the screenshot (lefthand side).

In the interim, 'b' seems to finishing off with an ending diagonal - there is a clear triangle developing between the 61.8% fibonacci fan line from the all time high of 1.6037 and the 94.4% fan line all the way back to 1995. (I have written in detail about these in my weekend reports on the Purely thread.) I have an alternative count of still being in wave 4 down which itself is taking the form of an expanding flat and again we are just finsihing of 'b' of that. Either way, I am not looking for much more down.

I have drawn in the same diagonal but on the daily chart (right hand side) which suggests a target of approx 1.2550-1.2600 for the next leg up in the pattern.

It could of course all turn into something else but this is what I am looking at go keep me busy for the rest of the year. I am now taking a break from the forums up for the summer and will catch up here later on in the year.

[Clivewaverider]

will miss you my friend , hope for you all the best and enjoy the summer

,

Thanks Yasser - been a pleasure.

[Paul Chin]

Thanks Yasser - been a pleasure.

All the best to you.

[Clivewaverider]

All the best to you.

Thanks Paul. However, I noticed the 'journals' yesterday and have started one of them instead as that feel a bit more like what I was trying to do. In this way, I can meander all I like! Maybe see you over there once in a while?

[lizardboy]

Clivewaverider, i just got on here, but I've been lurking a while and always appreciated your posts, just wanna let you know.

[Clivewaverider]

Clivewaverider, i just got on here, but I've been lurking a while and always appreciated your posts, just wanna let you know.

Thanks Lizardboy (what a name!!) - I have stopped posting ongoing charts and commentary on the main threads now and started a journal - see 'Trading Journals' - 'Clivewaverider'.
It lists out your journal in the order that someone wrote, so if I do not write for half a day, the journal listing can slip down the ladder quickly. Do pop in anytime.

[Clivewaverider]

I have just posted my weekend report 'Lines in the Sky' in my trading journals thread.

[GMPFund]

I have just posted my weekend report 'Lines in the Sky' in my trading journals thread.

Hi - where I can find this report? Thanks

[Clivewaverider]

Hi - where I can find this report? Thanks

Select 'Main Page' on the left, above

Go to My Trading Journals

Find 'CliveWaverider's trading journal'

Scroll back till you find it - posted Sunday.

Let me know what you think given this is your first post, over on my journal site.

[Clivewaverider]

Looks like we need some moderating to clean up all the threads. Have we been invaded??

[garr70]

Looks like we need some moderating to clean up all the threads. Have we been invaded??

Can the clowns not get kicked?

[Clivewaverider]

Can the clowns not get kicked?

I am sure Greg will sort. They are all over the journals, so needs something doing.