FOREX PRO WEEKLY January 13-17, 2014
- Thread starter Sive Morten
- Start date
Lolly Tripathy
Sergeant Major
- Messages
- 515
possible with our trading plan
Hello
nice waves on M5 and I expect new low; we could be in 3rd of 3rd what would take us below current LL @1,35469 BUT whole picture is not so clear to me and I am not convinced in down trend on the contrary I think we will go up after establishing this low....let´s see.
Good trading!
nice waves on M5 and I expect new low; we could be in 3rd of 3rd what would take us below current LL @1,35469 BUT whole picture is not so clear to me and I am not convinced in down trend on the contrary I think we will go up after establishing this low....let´s see.
Good trading!
Good morning
So far I find the move as impulse; daily upper swing is in place; here we have several options...direction is stil open...I am stil bullish....
Good trading!
09.25 CET: 4th of inner 3rd wave could be in place;there is perfect agreement of targets of inner 5th and 3rd at 1,3588; above 1,36085 is invalidation..
10.50 CET: 1,36085 touched, instead of an impulse I expect ending diagonal, closed lower sell and hedged 1:1
11.12 CET: I see the pattern so...abc above 1,36087 but should stay in red channel and then abc into last low
12.52 CET: time&channel are running out so if not veryvery soon to upside then very possible break down in DZZ with target 1,3587 aproximately because triangle could be in play as b wave...
13.05: alternative count is pink; I stil expect red one, choppychoppy..
So far I find the move as impulse; daily upper swing is in place; here we have several options...direction is stil open...I am stil bullish....
Good trading!
09.25 CET: 4th of inner 3rd wave could be in place;there is perfect agreement of targets of inner 5th and 3rd at 1,3588; above 1,36085 is invalidation..
10.50 CET: 1,36085 touched, instead of an impulse I expect ending diagonal, closed lower sell and hedged 1:1
11.12 CET: I see the pattern so...abc above 1,36087 but should stay in red channel and then abc into last low
12.52 CET: time&channel are running out so if not veryvery soon to upside then very possible break down in DZZ with target 1,3587 aproximately because triangle could be in play as b wave...
13.05: alternative count is pink; I stil expect red one, choppychoppy..
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so it was pink one...
we are on the way up, at least to 1,36109 = 62% expansion but I think above 1,36222 high...
break down is possible but would be big surprise to me...
Good trading!
ps: I missed overlaping, we should get another low
13.57: looks to me so..
14.03: possible target 1,35845, should not go below 1,35821...will see..
we are on the way up, at least to 1,36109 = 62% expansion but I think above 1,36222 high...
break down is possible but would be big surprise to me...
Good trading!
ps: I missed overlaping, we should get another low
13.57: looks to me so..
14.03: possible target 1,35845, should not go below 1,35821...will see..
Last edited:
Tony Ferguson
Recruit
- Messages
- 1
Thank you
Your excellent analysis on this was bang on the money in terms of entering this trade - brilliant
Your excellent analysis on this was bang on the money in terms of entering this trade - brilliant
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