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- 18 Results (1 Threads, 17 Replies)
- CounterTrend replied Mar 8, 2008
I would like to share something interesting for Aussie. There is 2 possible scenarios, but generally for medium-term traders it is not a very good long. Aussie is topping, and thats a fact, but the top could have been made, if not another high will ...
- CounterTrend replied Mar 8, 2008
Why discussion muted on the hottest cross pair? I would like to share this theory with all of you. The cross, EURJPY, will be heading in a very agressive downward movement, which targets ultimately 140 in the coming weeks and months. It really ...
- CounterTrend replied Mar 5, 2008
Euro rally is not over — 'I still do not see clear counts on GBPJPY The euro rally is not over yet but we are close. I posted the daily count which suggests a reversal in the zone mid-1.53 to mid 1.54 This is the hourly chart it. We are in a ...
- CounterTrend replied Mar 5, 2008
Aussie Rally May Not Be Over — According to this count, aussie rally still has room to maximum 0.9900 before a big reversal starts. Potential reversal zone is 0.9800 to 0.9900. wave 1 and 3 are almost equal. So if wave 4 ended at 0.9217 ? no ...
- CounterTrend replied Mar 5, 2008
Since we've discussed EURJPY, similarly USDJPY also failed to register a new low in a fifth wave when it made a "double-bottom" on the hourlies. However, the rebound is seen corrective. And since usdjpy has declined in five waves, this means that ...
- CounterTrend replied Mar 5, 2008
Next.. EURJPY Hourly The decline from 161.30 can be perfectly viewed as five waves decline. The fifth wave was truncated though, if you notice prices bottomed at 155.9/156.1 very close lows after wave 5 failed to make new lows below 155.94. The ...
- CounterTrend replied Mar 5, 2008
Would like to begin with my view on the EURUSD Daily chart. To me; it appears that euro rallied in 5th waves from 1.3360. The most recent surge was a breakout from a triangle (unsurprisingly the triangle was wave 4 seen as corrective before a rally) ...
- CounterTrend replied Mar 3, 2008
Actually I do not see it falling until it breaks 1.98. Or get out of that triangle to the upside. its at. 1.9930 and decreasing. That means any trade in cable now is just a high R/R. unless you bet on the upside breakout like me given this is a ...
- CounterTrend replied Mar 3, 2008
Low risk trade to get bullish on cable current rate with stop loss 1.9795. Chart attached. We are possibly in triangle consolidation wave 4, corrective ahead of a further rise above 2.0
- CounterTrend replied Feb 29, 2008
If the history repeats itself, with this divergence there should be correction underway.
- CounterTrend replied Feb 28, 2008
I know many of you guys do not believe in something called elliott wave, but actually it works for me. So allow me to share little point of view here. By looking at this chart, eurusd has advanced from recent significant low in clear waves, we are ...
- CounterTrend replied Feb 27, 2008
This is the report in picture. Points towards near term EUR and GBP strength. May be we can try to set new longs as eur and gbp dip. Good luck
- CounterTrend replied Feb 26, 2008
I found a low R/R trade and I am going long on the greenback despite its weakness. Trendline support nearby 107.00/106.90 if usdjpy closed below this, call for a move out-of-range towards sub 105. Currently i went long, stoploss on close below later ...
- CounterTrend replied Feb 20, 2008
Despite that longer-term trend is bearish and argue for more downside. I agree with you one hundred percent that we are nearing a bottom on the sterling for the short term, cot data suggest sterling index at 0 extreme (oversold) and argue for a ...
- Help me choose a fine MT4 for testing
Hello, I would like your comment on which MT broker (just for demo testing and purposes) I should ...
- CounterTrend replied Feb 10, 2008
See how the true MACD on a 5M chart chosen randomly with up and down movements caught changes in sub-trends, giving you room enter / exit at better price. while MT macd still show bullish or bearish movement for long time of period.. and when it ...
- CounterTrend replied Feb 9, 2008
At my end it looks like a minor pullback on weekly, before a resumption of the longer term uptrend above 1.50. Point of view, not a recommendation to buy. You can even expect further drop, but minor weekly top should hold, if not the 50 ma should. ...
- CounterTrend replied Feb 8, 2008
Allow me to share my point of view regarding AudUsd over 1-week medium term view, and daily view. You know it's a matter of probability after all, we invest effort and different opinions do not make any problem. On my 1W chart there is a valley / ...
- Posts by Member Search: 'CounterTrend'