|
PureBytes Links
Trading Reference Links
|
Stig, I have two down cycles hitting their targets here on the Euro. I'm not a quite a buyer yet, but I do think, at least for now, that we've reached a bottom. Can you expand on your comment about the volume around March 12 just before the break? How do you interpret that?
Stig O <olausson@xxxxxxxxxx> wrote:
I can't resist but include an, interesting EURO chart also.Atfirst glance it looked like a Head and Shoulder (inverted) failure, with forther downside movement to come.However, a closer stury reveals a perfect setup for a BUY.ir looks like the end of an ABCE correction being a wvave 4.Pricewise we have several fib support linesThe sloping green line is parallell to the upper downsloping trendline, forming a large FlaggLook at the interesting volume just befor the break down on March 12The bars at the bottom are Fib clusters. a production of the 8% swings (top/bottom) in price.The higher the bars, the higher the probabillities, in time, for a trend change.Taken also into account planetary aspects the EURO looks like broducing a bottom.Also note the magenta line (= Pitchfork), how the March 8 stopped at the median line, and now we are at the bottom line.This looks like a perfect setup for a buy with minimal risk (stopploss below .8890, which is just below suport and lower "Flagg line" - close fri ,8963).Stig------------------------ Yahoo! Groups Sponsor ---------------------~-~>Make good on the promise you made at graduation to keepin touch. Classmates.com has over 14 million registeredhigh school alumni--chances are you'll find your friends!http://us.click.yahoo.com/l3joGB/DMUCAA/4ihDAA/zf_UlB/TM---------------------------------------------------------------------_->To unsubscribe from this group, send an email to:realtraders-unsubscribe@xxxxxxxxxxxxxxxYour use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/ > ATTACHMENT part 2 image/gif name=Euromar16.gif Do You Yahoo!?
Yahoo! Mail Personal Address -
Get email at your own domain with Yahoo! Mail.
Yahoo! Groups Sponsor
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
|