Hi Peat
The lower pane indicator is a MacD (Dinapoli version). I have access to the MS code - let me know if you need it, (and I also think its available on MT4).
regards - arco
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Hi Peat
The lower pane indicator is a MacD (Dinapoli version). I have access to the MS code - let me know if you need it, (and I also think its available on MT4).
regards - arco
Hi ARCO..finally made it here !
My butterfly well and truly broke at the 0.6600 level.Monthly charts suggests a potential 1:1 low at 0.6539 or a AB=CD on monthly for the current wave formation a low to 0.6510..have tried to post the monthly, daily and hourly charts but cant upload.
Welcome Bede
Good to see you here. :D
Re Images.
You can use Imageshack (free), or similar, to host your image and post the url using the yellow buttton 'Insert Image'.
regards - arco
a small time frame play here
my rationale behind shorting the Eur/Gbp at .6836 was that there was a confluence of 2 fib extns. the 161% extension of .6751 to .6804 and the 261% exension of 6774 to 6799. these both approximated 6838. theres a obvious 5 wave pattern ending there. this gives a min target of 6814 with traiing stop there for 6804 possible. stop now at b/e
yes its a small target due to the size of the original swing being only 90 pips (playing the 38% retracment of that swing)
as described above ....
http://img87.imageshack.us/img87/648...ralargefg2.jpg
target .6814 was met 22 pips banked.
[8D]
bother missed this one by a smidgen.....
http://img131.imageshack.us/img131/6...1102007dh4.jpg
Hard to say if the 5th wave is complete but when it is and at some point in the not too distant future this BF should produce 400 pips+/-
Watching in the wings.................
duly noted arco
in the meantime I will bank 20 from the first long in the gartley/bf thread and hold the 2nd that I got lower in pursuit of more.