Quote:
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Originally Posted by rufffen
Im sorry, this just doesn't make sence.  |
--a cordial and curious inquiry, sir?
I assume that's the intent.
briefly:
Here in the States (or at least in my circles}
a beat means a steady cadence or pulse --"ride with the beat"
--"on a beat" --a sailing term--a strong tacting run /wind empowered
dipper(s)--the sentiment of buying on the "dips"
a dipper beat---like what happened this EZ am opening when Euro 5832
was picked up and rallied to 5968
Then again 6 hrs later across the 1.60 options barrier
--in strong major trends
--"BUY-on -the dips" the masses' recurring theme
Surely now you can make better sense of what I relate to in post #6535
if not and you request more clarity---feel free to PM me.
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Now to turn sense into $s or your currency of choice
Quote:
#6562--best trades coming --to ride the Euro south
have taken a test hedged test short @ 5929 --in case this move remains as a failed breakout
and/or test of 5983
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I've undone this test hedge --and now collecting the shortside near & above 1.60
But w/caution to the potential momentum fueled dip buying in the thin Asian session.
Euro can easily run to 6084/87 (a confluence focused mostly on the 1.382 of 5983-5712)
or beyond to 6150
perhaps a Wave "throwover"
However, in this ending diagonal pattern The Euro especially is running out of Time.
--to be wary of a blow-out final shakeout with a massive reversal on it's heels
mental stops above 6090 --safety ones abv. 6150
To concur w/ IRIS, I hold that
Time --soon runs out to favor a major corrective settling
to test and break 5342 --at least
Attmts: 4hr pattern & 15 min fibs
Time the wave