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MeInGraySuit replied Mar 18, 2013Parity...EU and USD are equal 1.0000 to 1.0000. So EU down to 1.0000 by Friday.
Trading EURUSD only
- MeInGraySuit replied Mar 18, 2013
Of course you know gaps usually get filled...but I think we will probably go down to around .2700 area maybe slightly lower and then come back to cover the gap! Probably in a week. We will have to see how US equities handles this gap....
Trading EURUSD only
- MeInGraySuit replied Mar 18, 2013
Personal experience, this was some years back... but I held over the weekend and I was short the EU and it gapped up almost 200 pips with a stop loss. When it opened broker automatically took me out because they dont have stop losses hit over the ...
Trading EURUSD only
- MeInGraySuit replied Mar 14, 2013
It just had to take me out first and headed south again.
Trading EURUSD only
- MeInGraySuit replied Mar 14, 2013
Always careful my friend, that is why I am still in the game after 9 years, just trying to count this wave. It can't go up forever....or can it?
Trading EURUSD only
- MeInGraySuit replied Mar 14, 2013
This wave 4 cannot go above .30142 or this count is nullified!
Trading EURUSD only
- MeInGraySuit replied Mar 14, 2013
Should be finishing up wave 5 of C any moment now, taking more shorts
Trading EURUSD only
- MeInGraySuit replied Mar 14, 2013
Yes but wave C's are like that, it could go a little farther because I am having a hard time counting that wave C. But remember just a possibility! But it make since following EW rules of an impulse wave.
Trading EURUSD only
- MeInGraySuit replied Mar 14, 2013
Here is what I am looking at...couple reason for going down more. We have had 5 waves in our 3rd wave, however, we have not descended far enough for larger wave 4 to stay out of the territory of wave 1
Trading EURUSD only
- MeInGraySuit replied Mar 14, 2013
Looking at the charts this morning on an EW perspective we still might be in wave C of the 4th wave. So I am short here .2975
Trading EURUSD only