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Tx Bob for your inputs,highly oblidged.
--- In realtraders@xxxxxxxxxxxxxxx, "Bob Hunt - The Pattern Trapper"
<rhunt@xxx> wrote:
>
>
> I have 2 price targets on the Euro based on the recent break of
its rising
> wedge pattern (see attached .gif).
>
> 1) The 3/24/08 bottom of the wedge at 1.5342
>
> 2) The price change from the bottom of the wedge (A) to the top of
the wedge
> (B) subtracted from the breakout point (C), which results in a
price target
> of 1.5080
>
> The initial move to the first level should find some support. If
that
> doesn't hold it will likely move to the second.
>
> Regards,
>
> Bob Hunt
> THE PATTERN TRAPPER
> E-Mail: RHunt@xxx
> Web Site: http://www.PatternTrapper.com
> Phone: 952-892-5550
> Skype: pattern.trapper
>
>
>
> ----- Original Message -----
> From: "tpmods" <tpmods@xxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Friday, April 25, 2008 2:45 AM
> Subject: [RT] Re: Is Euro ready for a fall?-Update
>
>
> > Get ready to see 1.5053(EUR-USD) soon,I can't set the timeframe
for
> > this target of mine being a novice trader.Would like to have an
> > experts comment on this Target of mine,this is just my T1 and I
have
> > become bearish on Euro fm yesterday.Finally taking a liberty to
set a
> > target of $Index at 78-79+ rough range in Nov-Dec08.Perhaps
happy days
> > are here again for Dollar,Cheers!
> > --- In realtraders@xxxxxxxxxxxxxxx, "tpmods" <tpmods@> wrote:
> >>
> >> While studing charts of euro against $ I feel that $ soon going
to
> >> have an upper hand hence those who are bullish on Euro are
advised
> > to
> >> use very tight stoplosses,most probably we are going to see a
strong
> >> upmove of a $ and it looks it will be a strong and constant move
> >> lasting till the 2nd half of 2008,would appreciate comments from
> > other
> >> members on this.
> >>
> >
> >
> >
> > ------------------------------------
> >
> > Yahoo! Groups Links
> >
> >
> >
> >
> >
> > --
> > No virus found in this incoming message.
> > Checked by AVG.
> > Version: 7.5.524 / Virus Database: 269.23.4/1395 - Release Date:
4/24/2008
> > 7:24 AM
> >
> >
>
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