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pennies2007

08/07/13 10:26 AM

#120894 RE: Qui-Gon Kagi #120893

Nope, won't go that far. 0.92 is the lowest target I see.

Adjusting my first TP to 0.95 and the second TP to 0.96. Just gonna let em ride.
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pennies2007

08/07/13 10:30 AM

#120896 RE: Qui-Gon Kagi #120893

Here's a view from the Goodman wave count. First wave down was very sharp. 50% retrace from there. This last wave down was very choppy. Both legs about 117 pips and we're bouncing right at the last leg completion target.

It's all good. As a matter of fact, this fits better with the larger bearish picture on EU from these levels. I had been expecting a larger sell off on EU anyway and now I have the final piece of the puzzle to accomodate that setup.