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    • traderblah replied Sep 5, 2013

      Following completion of wave 5 down looking for ABC formation. Looks like in wave c up which, on basis of 1.618 x wave A length. results in 132914. This coincides with 50% fib retracement from 20 Aug high

      EURUSD
    • traderblah replied Aug 24, 2013

      An interesting article on CABLE at url I think in fact he got the bottom of wave 5 wrong and now in ABC corrective where if wave C is same length as wave A then down turn should occur at 156166

      EURUSD
    • traderblah replied Aug 22, 2013

      If we are in a downtrend then 13400 would be a 61.8% fib retrace. Any move down would confirm that thus ending wave 2 up. Current pivot point is 13369.7

      EURUSD
    • traderblah replied Aug 21, 2013

      Hindsight yeah I hear you say but way back at beginning of July I thought could be an ABC correction and guess what. Take the A wave high and add to B wave low and you get 13448 as top of C. Perhaps that's too rudimentary

      EURUSD