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EURUSD,W1 Chart Discussion

mynightfly
Nov 22, 2014 at 10:27
I guess something's wrong with myfxbook charts... EURUSD closed below 1.24 on friday night

forex1o1
Nov 21, 2014 at 20:37
hold on to your shorts :) or not !?

CrazyTrader
Nov 24, 2014 at 21:16
yes on the long term however, I entered long on "M" H4... See my profile if you guys wanna follow signals. I have attached a new account for these patterns recognition.

gtnew
Nov 21, 2014 at 18:13
Draghi reappears to squash any thoughts of Euro bullishness.

gtnew
Nov 07, 2014 at 15:53
Don't claim to be an EW expert, but 2 of the waves tend toward equality. Wave 3 extended. If wave 5 = 1, then we hit the first target around 1.24. However, until we break the downtrend line drawn from wave 2 high over wave 4 high, we can't say this move has ended. That's my 2 cents. FWIW.

dhby
Nov 07, 2014 at 21:56
theoretically if w3 is extended its length is 200% of the original target which is around 1.22. in a wave with one subwave extended one could count 9 waves in total. so we can expect to see 2 more major lows - likely 1.22 and 1.19/15

dhby
Nov 07, 2014 at 21:58
or one new low above 1.2042 and a trend change which will make this wave a double zigzag.

gtnew
Nov 06, 2014 at 22:04
It looks like we're in the fifth wave down now, which is the last wave. The question, of course, is how long will it be?

CrazyTrader
Nov 06, 2014 at 22:34
Whose EW expert?

gtnew
Nov 06, 2014 at 20:59
Looking at weekly chart, we may test the 1.2126 area.

mynightfly
Nov 06, 2014 at 19:59
please update the chart with the future targets

gtnew
Nov 06, 2014 at 19:31
Euro getting Draghi'd today.

foolishhare
Nov 04, 2014 at 20:46
I was right, that down trend))

forex_trader_190830
Nov 03, 2014 at 18:24
1.225 is the real target within Christmas