View Single Post
Old 20-06-2006, 05:48   #211
Trendliner
level 1
 
Trendliner's Avatar
 
Join Date: Jan 2006
Posts: 42
Downloads: 0
Uploads: 0
Rep Power: 3Trendliner is on a distinguished road
Re: Clear Recomendation For EUR/USD (Elliot Analysis)

Quote:
Originally Posted by Xaff
Hi Trendliner,

I certainly do expect a nice waves up in order to retrace the recent decline from
1.2975 to 1.2530. Personally I expect a movement going north to approx. 1.2750, the 50% retracement of mentioned decline.

BUT !!!: (because you're learning) Watch resistance levels closely and also those confirmation levels and take your trading decisions carefully. Never trade on anybody's recommendation, always form your own oppinion.

cya

Thanks for your reply Xaff - I will watch carefully and also with great interest.
Trendliner is offline   Reply With Quote