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- rustyram replied Sep 8, 2010
You start with daily — This is what i learned so far... First when open your charts, you look in daily to determine the overall trend Then you look in to 240 min , to find out , what is the trend for that particular day. Once you have ...
EURUSD
- rustyram replied Sep 8, 2010
Euro daily 1.3733 ? — How does this count look. 12345 is 240 count abc is 240 count ABC is Daily count 240 M is has also formed a big Morning start right at the Trendline , without taking out previous low. Putting all this in perspective , it ...
EURUSD
- rustyram replied Sep 8, 2010
Does Anyone think Euro will shoot to 1.3733 — Will Bulls take it to 1.3733 ?
EURUSD
- rustyram replied Sep 8, 2010
Took Profit at 1.2737 — Closed my Short out at 1.2737 for a 150 Pip profit , as it formed a 4 hours Morning Star right at the Trendline support on a 4 hour chart. This could be a bullish signal or just retracement for a bearish big move. Have ...
EURUSD
- rustyram replied Sep 8, 2010
Euro Retrace to 1.2786 /2821 — Does anyone waiting for euro to first retrace to 1.2786 then pull back , then rally to 1.2821 , then resume the big down move again towards 1.2500 area ? This will complete .618 retracement of the big down move ...
EURUSD
- rustyram replied Sep 8, 2010
Is it 60 Min Wave 2 or 240 Min Wave 2 — Guys, what do you see.... Does this retracement looks like a 60 Min retracement - Wave 2 or 240 Min retracement - wave 2. I see more like 240 min Wave 2 retracement. I am talking about recent retracement ...
EURUSD
- rustyram replied Sep 7, 2010
1.2768 — 1.2768 is .38% of the recent fall from its high, we have to wait for 15 min ABC retracement to confirm that. Once 15 min makes a new uptrend from A to B, then we can project the C, there by expecting a level at where the 60 min will ...
EURUSD
- rustyram replied Sep 7, 2010
Website — Can you give us the complete web site address.... Also looks like EUR has begun to retrace, i will wait to confirm that and add to my shorts if it reaches 1.2765 area.
EURUSD
- rustyram replied Sep 7, 2010
TL — You have to connect 8/24 low and 8/31 low to form a uptrend line or which is also sometimes called counter downward trend line. This TL is only for the recent moves....
EURUSD
- rustyram replied Sep 7, 2010
Short Euro — I am expecting EUR to bounce at 1.2650, the retracement should take it to 1.2759, which will also be .382% of the recent down move from 1.2920 to 1.2650. I am looking to add shorts at 1.2759. Target: 1.2150 anyone riding the same ...
EURUSD
- rustyram replied Sep 7, 2010
Thats wrong — You cannot connect june 6th low to Aug 24 th low on a daily chart. You can do that only when it makes a new high, which is higher than the previous high which is at 1.3333 on Aug 6th. Then you can connect both the lows with a ...
EURUSD
- rustyram replied Sep 7, 2010
May be for a few quick pips — If you enter long at that price point, make sure you are looking for a short move up. BTW , you are not suppose to draw a trendline like that, trendlines are suppose to connect lows of a trend, in this case it is ...
EURUSD
- rustyram replied Sep 7, 2010
To 1.2125 Then to 1.1372 — Long term.... To 1.2125 Then to 1.1372
EURUSD
- rustyram replied Sep 7, 2010
Help me too — Please do send it to me too, a good read will always help build some knowledge... Thanks... [email protected]
EURUSD
- rustyram replied Sep 6, 2010
I feel the same, it is going to bounce at 2779, the bounce might take it close to 2835 area, then resume down move and complete wave 5 in 15 min.
EURUSD
- rustyram replied Sep 6, 2010
Short Euro — I am in short, i am planning to add more lots in the 60 min retracement and 240 min retracement and take the ride till D extn is hit for Daily which is @ 1.2125 , though my target is 700 Pips away, it is better than getting in and ...
EURUSD
- rustyram replied Sep 2, 2010
Short @ 1.2875 — OOPS ...it was a typo...thanks for letting me know... 1.2875 is also .382% retracement of the recent down move on daily chart from 1.3340 - 1.2590. Here is my trade. Short Entry:1.2875 SL: 1.2925 Target : 1.2124 , 1.1840 Is ...
EURUSD
- rustyram replied Sep 2, 2010
Short @ 1.2975 — 1.2975 is also .382% retracement of the recent down move on daily chart from 1.3340 - 1.2590. Here is my trade. Entry:1.2975 SL: 1.2925 Target : 1.2124 , 1.1840 Is anyone riding the same boat ? or it just me alone ?
EURUSD