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Gap on fxcm just went the other way! 1.3463 now and still going down. Wierd
FXCM, demo acct, always shows the gap before trading opens. 1.35966 right now
EU gapped up 90 pips again this morning before trading opens, manipulation or what!!!
WOW, I was working on charts and the EU just gapped up 90 pips!! 9:30AM on Sunday???
I think EU might test 3570/80 before another drop. JMO
Damn pennies, it is so good to have extra eyes on the board, like the way you did that chart and the analysis fits other's ideas too. Thanks bud!!
I had never thought to draw the line from the previous high to the top of 4!!
Would love to see a good chart for EU myself s_j, I can't make head nor tail!!
News on associated press saying that today eurzone fin mins video conferenced and came up with 30 billion deal for greece, imf ready with another 10
TTR, not to step in on pennies but there are rules and calculations to give targets for the length of certain waves. I have a calculator spreadsheet but I will have ask my friend if it OK to share it.
Awesome work pennies, you should get paid for this!! Looking forward to the later ones, have basics pretty well understood.It's the flats and zig zags and so on that still throw me for a loop.
You're great man to put so much effort into helping your fellow traders!! CUDOS
No thanks Omar, I have enough mud in my CAD pool!! LOL
Lot's of activity here today. Should be an interesting open coming tomorrow, glad I am out of all my trades except cad.
Some nice updates made to the fxcm platform this weekend for those that have it. Finally have some version of Heikin Ashi candles, I like the way they smooth out the noise!
Not in GU Omar, Am happy in a new EU short right now. Do have old cad longs that are on back burner for a week or so I guess. Thank goodness for margin!
Any idea how long ago ST reports came out? Seems it must have been a day or so ago
Australia, Europe and UK markets all closed today.
not sure if all you guys get fxdaily, this is a very interesting video wrap up for today and look to tomorrow....
30 Mar 15:51:04 Euro Rally Stalls Just as Soon as it Begins http://bit.ly/bMC2zM #Video
Glad I am not going for 2 months!! It has been unusually cold in England this year!
Safe trip Omar!!
I think 3420 will be it and then 3370
LOL Omar, hadn't wanted to say I went short @9189!
I am buried in shorts Omar, thats why I am looking forward to the 1st couple weeks of april. Made some nice scalps on that last drop tho.
My month was well in the bag last week so I am taking it easy, watching more than trading.
Some Irish banks might get partly nationalized, Irish finmim announcement today sometime I think, bloomberg tv
Yes Omar, my thinking id if I can weather the storm, hurricane now, by the nd of next week I should be swimming in green, we shall see.
I was bad and took a small long on AU then went for a nap, just woke up to see I could have had more than the 20 pip TP!
Omar, from what I have read this move is based on reaction to the impending rate increase. word is if they keep hyping it the AU will keep going up. Sounds a lot like buy the rumor sell the news!
I got the E-mail, they said the change was coming but any current acct holder would get a 1 pip discount, IF the balance was over 10K on close Mar 18th, I took them up on the offer and my EU spread is still between 1.2 and 1.5 most of the time.
Are you on Micro fxcm Greg, there was an E-mail about the changes about a month ago
Thanks pennies, still hhoping for a break down, not sure if it will come this week, NFP on fri but US markets closed!!
Good morning pennies. On a 4Hour EU chart, does this look like a 4th subwave of wave 5??
good morning Omar,
Back to Toronto this week eh! Hope your stay in the UK has been a good one.
I must follow your trading style, seems every Sunday evening I have a forex hangover too!
Hopefully EU has gained all it needs before it nose dives. The Looney has been stubborn for 3 weeks now!!
jav, My MT4 station comes up but will not load a new chart!
EU gapping up 60 pips prior to open so far. Don't forget London did the the change this weekend.
ST, that is awesome!! I am happy when I make a week goal in a day!!
I have not forgotten about your request, but I do have trouble trying to put something in my mind onto paper.
Darn, does that mean the party is over??
This is encouraging too, from Jamie, FXCM. I follow him and he is usually quite good.
24 Mar 15:21:20 $13300 in $EURUSD may provide support to make the day's low..even so, the bounce should be limited to a small 4th wave to 13380
This is the wrong chart! Sorry
OK, 2nd try
I am very green (wet behind the ears) when it comes to elliott waves but I am trying to learn.
Here, on a 4H EU chart is a potential wave count for a truncated wave 5
I hope it seems at least a little close LOL
The "C" would be end of "4" and the green price "1.3168" is the potential target for wave 5
FXCM micro? Didn't you get the E-mail explaining that?
I jumped in at 0.9188 too, just in case 0.9225 does not get hit! Looking good so far! Thanks for the heads up!