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- traderblah replied Jan 30, 2014
Just a note regarding my chart. I noticed from that of Darkforce above that my daily candlesticks are different presumably because one is based on GMT (mine) and others have different time zones. (it might not even be GMT as my chart is obtained by ...
EURUSD
- traderblah replied Jan 30, 2014
From 1.22 the 5 wave up terminated at 137105 Feb 2013. This was followed by various waves down terminating July 2013. All subsequent moves up have corrected to the daily 100 ema. The wave B down or second wave of 5 up that I previously referred to ...
EURUSD
- traderblah replied Jan 30, 2014
I am looking at the resumption of a move up in a 5 wave pattern. The second wave down is yet to complete - this is the wave B. Perhaps my labelling is not correct and I should be referring to numbers and not letters
EURUSD
- traderblah replied Jan 30, 2014
Wave A top would be where the fib chart records 0% and B I suggest would be at 135574
EURUSD
- traderblah replied Jan 21, 2014
The obstacle to any rise is the downward sloping 8/21/50/200 ema on the 15/60/240 min charts
EURUSD
- traderblah replied Jan 21, 2014
Following my 10 Jan post wherein I speculated a weak (larger) wave 2 up I believe that the wave 3 down completed yesterday (GMT) and now in wave 4 ABC formation with a wave C up. The .272 extension is at the fib 0.382 from top of wave 2 and 0.618 ...
EURUSD
- traderblah replied Jan 10, 2014
Could be a weak wave 2 up - a balancing act between lower than expected employment results and unemployment rate. Looking for target of 137068
EURUSD
- traderblah replied Jan 10, 2014
From the recent high there has been 5 waves down followed by an ABC wave up and one final large wave down. This should be followed by another wave up. The recent move down could be taken as a larger wave 1 down and this wave up is possibly wave 2 ...
EURUSD
- traderblah replied Dec 11, 2013
The 1.618 extension of this move down to the 50% fib is 13783 which is also the 78.6 fib of the larger move to 13741
EURUSD
- traderblah replied Dec 11, 2013
Observing for the moment. Wave 1 down with 5 inner waves to 13741. Then either wave 2 up or ABC.
EURUSD
- traderblah replied Nov 20, 2013
Not sure if move down is complete. Trying to count waves and just before 10 GMT I thing wave 5 finished. Now either 6 up and 7 down or ABC correction (small) and then down to rising t/l
EURUSD
- traderblah replied Nov 5, 2013
EUR/USD will long at 134831 to 135647 and then short if maintains negative momentum divergence on 5 min chart. GBP/USD as above but long in progress from 50 fib retrace at 15399 so will short at 160149
EURUSD
- traderblah replied Oct 24, 2013
Way back I said to myself this cannot possibly complete. i.e an ABC where the B wave bottom was 50% of the A wave top and that the C wave top would be at 13801.8
EURUSD