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TheLastCoke replied Feb 19, 2010The drop was massive , no doubt about it but it only went 40 pips lower than the previous range. url
EURUSD
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TheLastCoke replied Feb 18, 2010Sorry I forgot to add Developing to my sentence, Thanks for the input.
EURUSD
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TheLastCoke replied Feb 18, 2010For the sake of my longs, let this one be a fake inverted flag. Usually I would follow this pattern but I have bigger signals against it.
EURUSD
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TheLastCoke replied Feb 18, 2010OK Guys — This is perfection, It doesn't get any better than this. No wonder why it is called harmonic pattern. It stoped right at 127.2% Fibo Ext. where 60% of the time there is a major reversal. I am not a bear nor a bull, I am just a trader ...
EURUSD
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TheLastCoke replied Feb 18, 2010Wood, yes but for different reasons......Kambooj (IMHO and with all due respect) your count is wrong....When coming from a bear market A start on the retrace (right picture) and from my point of view is not a triangle it is a consolidation channel ...
EURUSD
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TheLastCoke replied Feb 18, 2010Long G/U, Good entry. E/U didn't reach lower channel that is why I don't discard another test. url
EURUSD
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TheLastCoke replied Feb 17, 2010Reversal Zone — We reached 78.6% a reversal level. If level broken then 88.6% might hold it, If not a LL could be made.
EURUSD