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- notch replied May 27, 2009
What's THV? Yes I think F.X. might have been correct about the 3930 level.
EURUSD
- notch replied May 27, 2009
It also meets the descending trendline and fits in with the one hour forecast I posted earlier.
EURUSD
- notch replied May 27, 2009
Yes. I'm bearish but I had to respect the EW reversal (retracement) signal.
EURUSD
- notch replied May 27, 2009
I'm flat. +50 pips. I have to respect EW and wait for the retrace.
EURUSD
- notch replied May 27, 2009
I'm trying to clear the mist a bit: One hour forecast: 13-14:00 gmt PH: 1.3940 (consistent with EW) PL: 1.3876
EURUSD
- notch replied May 27, 2009
It's a .618 & 1.618 5 wave extension so there's a good chance that it might retrace back to 1.3938. But I'm still short.
EURUSD
- notch replied May 27, 2009
That seems out of kilter with what I have seen of your method upto this point.
EURUSD