MoneyTec.com Traders Community Forum - View Single Post - Short-Term.....Swing Trade (Set-Ups)

golhuntsleep · 13-09-2007, 17:21

Different computer here so can't post a chart......pound is about to do wave 3 of a C wave down...short anywhere in here with last top as stop loss.............usd/yen and euro/yen are going to do C waves up go long on retraces or breaking of old highs.right now, I'd wait for a retrace before entering anything long term........scalp the rest of wave 1 up of C on shorter charts.......stops under bottom of last significant low......these counts are on 1 day chart degrees......

13-09-2007, 17:21	#1386 (permalink)
golhuntsleep level 2 Join Date: May 2006 Posts: 649 Rep Power: 3	Re: Short-Term.....Swing Trade (Set-Ups) Different computer here so can't post a chart......pound is about to do wave 3 of a C wave down...short anywhere in here with last top as stop loss.............usd/yen and euro/yen are going to do C waves up go long on retraces or breaking of old highs.right now, I'd wait for a retrace before entering anything long term........scalp the rest of wave 1 up of C on shorter charts.......stops under bottom of last significant low......these counts are on 1 day chart degrees...... Last edited by golhuntsleep; 13-09-2007 at 17:25.