stopped out -8

Spider's Den

Got in late but shorted at 2768. Looking for 2704 but will cash in earlier depending on momentum. 2744 the hurdle.

Spider's Den

previous supports now resistance zones -

Trading EURUSD only

agree completely... one more leg down - by that i mean a 5th wave down but until we break 2640-5 we will still be correcting... as said before 2660 is not the low for the whole move down from 1.3172...

Spider's Den

2846

Trading EURUSD only

hi buddy also forgot to mention the 2645 level... if we get there and reject - an expanded flat could be in the works... i have two correlations right now... we can either drop down to 2704 now where there would be a buy opportunity imo... OR we ...

Spider's Den

morning - now if 2788 holds.. its target could well be 2704... lets see.. i personally don't like these correction moves i have sold at 2771... very small lot so not damaging if i loose on this one... EDIT: Just as a general note... we have one more ...

Spider's Den

hi Steve... I stopped counting in depth... EW is too unreliable when working like that imo - so i am the wrong person to ask if you are wanting a proper EW analysis ... but a quick sketch i tend to do on a bigger TF and its good for a guide... we ...

Trading EURUSD only

well i believe are ranging still - and range can extend up to 1.29.. i would not be surprised to see 1.2881 get hit - we are heading into december so probably this wave 4 will last till next year and screw us... hit and run is my preferred ...

Elliott wave outlook

check inverted H&S.. i know it looks funny but could just play out

Elliott wave outlook

we are ranging... 1.2790 next - inverted H&S broke to the upside.. maybe we will see 1.2811 as well

Elliott wave outlook

1.2660 isn't the end here - that doesn't mean to say we won't climb to 1.29.. But it has a new low to make yet.

Elliott wave outlook

Yup it's looking for more up.. 2805-11.. And 2826.. Also 2785 is anothe level

Elliott wave outlook

trendline doesn't need to respect for triple 3 to play out... as long as the peaks are below its previous one - its valid

Elliott wave outlook

This euro becoming pain in bum. I think we gotta be prepared for range for a while.

Elliott wave outlook

excellent work T... i got in at 2769 but was wrong first time thinking 2756 was the top... had to do some more digging to find 2778 level... tomorrow will show some levels for scalping from.. first bounce tonight should be 2685-89.. i am looking for ...

Spider's Den

those looking for longs... be careful - i posted this back at the beginning of september.. known as a triple correction... it means we can go below 1.18 or more before this entire thing is over... something to think of: url

Elliott wave outlook

1.2744 was supposed to get hit. Watch 1.2660 as per my previous posts. Will get hit too

Spider's Den

yes it could well be.. if you haven't already - read and watch steve nison's material on candlesticks... very helpful

Do candles really need to finish strong?

Watch for 2785 to break then 2660 then 23.. Not ruling this out

Spider's Den