if you take a look at my post above.. url i've drawn parallel lines which fit much better for a flag... next week will show me personally the way.. gl

EURUSD

i've found bull flags don't really always work... a break out one direction is safe to tp to the nearest resistance imo but pole count for projection price isn't always achieved.. i guess it does help if the breakout is in the direction of the ...

EURUSD

not much to say really for eu.. no idea with wave counts on this - still working on it but simple chart says break above and it'll open doors for 1.3750 and potentially 1.3860 for even more... below and we test 1.3620 again... dangerous area to be ...

EURUSD

scalped a few long on friday... stopped out on previous short... Thank the lord for MM... and thank cloggie for his tutorial on reversing your position to ride the wave... i came out break even friday which is better than loosing - so am grateful ...

EURUSD

yes sorry i meant tokyp session///

EURUSD

mine got stopped.. but even small risk than usual... still expecting this to be capped soon but am eyeing 1.3632 then 1.3670-80... expecting tokyo keep buying euro tonight so flat till london... good night

EURUSD

another scenario.... we have 1.3631 on the h1 TF as a target... is also the same at the h4 MA

EURUSD

i had a short running from a few hours ago... i am not placing trades based on market movements at this hour... cheers

EURUSD

EDIT... tightened stop loss to 1.3627... if it goes then i'll short from higher up...

EURUSD

hi inifinitus... two questions buddy... 1, why such a tight sl? do you think this will keep rising?? i just got home and noticed MA at 1.3632 on h4... we may hit this level yet.. so increased stop to 1.3650... RR still good at this level and sold ...

EURUSD

If price breaks lower out of the downtrend channel then chances of 1.41 very slim in Elliott world. At least for the near future otherwise you are right we should tread carefully

EURUSD

Hi sisse. Sorry for the late reply. My decision is a number of things. Eu on elliott wave correction which is wave c ATM. 1.3620 Is also the 61.8% retracement of the previous swing so we may have seen a top here. We needed to test this area before ...

EURUSD

Short at 1.3608.. Sl 1.3650 Tp : 1.3280.. Will move sl accordingly.

EURUSD

its coming... i still stick to my bearish bais for euro... long term short at 1.3615 still active - though we may get a spike up to this level today... atm looks like euro ain't going up but news news news..

EURUSD

luckily i missed the short and price flying up fast got me suspicious of shorting higher up... staying out now till clear direction... presumably we may be looking at 1.36 here

EURUSD

truncated 5th waves probably one of the most difficult to figure out and be prepared for... i have some elliott wave material i need to get round to reading at some point this weekend... cheers

EURUSD

hi inifinitus... completely agree... if 1.3620 breaks then recalculation of wave counts have to be made as this means we really are in bull mode of wave 3 up... 1.3620 is a perfect fib here as well.. we may have seen a top for this correction at ...

EURUSD

well crap.. look at her drop... what a waste of a trade

EURUSD

stopped out.. not longing as price struggling.. staying flat

EURUSD

i too got stopped out -20 on eu when it dropped then shot back up today.... right now went short on eu at 1.3525.... SL at 1.3560.. if it breaks above i go long for some... otherwise down towards 1.3430... off to bed... goodnight

EURUSD