hi arco , i have a slight feeling this is a bit of a sucker rally
short small lot on euro any thoughts
real nice 5 waves of a c possibly complete.
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hi arco , i have a slight feeling this is a bit of a sucker rally
short small lot on euro any thoughts
real nice 5 waves of a c possibly complete.
Hi DB
Yes. Confusion rules.................once the dust settles we will discover the safer direction.
Gaps have been closed already on Cable and Euro
arco
gap closed i reckon could be a new low on the cards
Darn the Euro fell back quickly. Down 100 pips in an hour.
Arco, what's cable?
cable is gbp usd , i dont know why its called that but i will find out!
The origins of this term are attributed to the fact that in the 1800s, the dollar/pound sterling exchange rate was transmitted via transatlantic cable.
"Cable" has its origins from the days when a cable under the Atlantic synchronized the GBP/USD rate between the London and New York markets.
well its 1000 pips for the day , its days like to day which make up for all the days where you get stopped out by 1 pip !
should be big stops below 142 in the euro but might just be too much for today .
.5 % reduction to 7.5%
Hey DA, I'd be interested in your comments on my post in the Vector thread in NZX. Or anyones of course but you being the EW man.
The thing that worries me is the impulsive nature of the (a) and (c) waves of the correction and the corrective nature of the (b) wave. Can (a) and (c) have an impulsive nature
cool thx4that.