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Flynchenberg replied Sep 12, 2011EW count H1 — Guys, We have two levels to finish the typical and simple correction of wave 4 that we are on now. It might get complex as the previous correction of the same degree wac simple ABC. Anyway, breach of 1.3648 level will open next ...
Spider's Den
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Flynchenberg replied Sep 12, 2011Hi, So according to your count we are on wave 1 of big wave(3) now? Seb
EURUSD
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Flynchenberg replied Sep 12, 2011LOL, we got the same levels in mind. I doubt of any serious momentum, maby up-thrust made by MM to grab the weak SL. For me, market is pricing in Greek default. Just looka at this chart: url 5yr CDS @ 3399 EDIT: High 3,623.33 No way they will get ...
Spider's Den
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Flynchenberg replied Sep 12, 2011Hmmmm... on my chart it is filled up in half..maby 61.2%
I want Friday close to be kissed, not Friday low. Makret does't care , I guess.
Tiny blue rectangle is level I'm looking for. SebSpider's Den
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Flynchenberg replied Sep 12, 2011EURUSD Futures Volume chart — Looks like we are going to close the non-existent gap of Friday close. 1.3650 looks like good level to go short. SL: @ major resistance line 1.3688. TP: 1.3500 4:1 R/R and if 1.3500 won't hold next one is 1.3414. ...
Spider's Den
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Flynchenberg replied Sep 11, 2011Interesting. Anyway, I have a question: how about a reversal of EURCHF? is 1100 pips in 1h qualify for your reversal analysis? Seb
Gann Analysis