Thread: Sell Eur/Usd
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Old 05-08-2004, 02:15   #350 (permalink)
Iris
Time<>Price
 
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Eur/Usd...............

From My Friend Currencia's Outstanding Euro now Thread along with one of his exceptional Chart calculations with Tools...with some overlays from myself...Projecting Time/Price into the Right Side of the Chart...Time/Price Discovery.
3/8/04>12:57.........
Quote:
Time/Price sitting on the 1.2055... the 50Fib of the 1.2118<>1.1993 Range...preparing for a South move to the 382Fib at 1.2040/35....
Tradewinds for South to 1.2035...for retest/break of 1.20...
With Glide Path to 1.1975/50...Southbound.
4/8/04>8:22........
Quote:
Time/Price establishes rendevous with the North 1.1373<>1.2927 Range> 61.8Fib...1.1975<>1.1950...current Low at 1.1966.
Targets...1.1975
...1.1956
...1.1937
...1.1910
The Time Phib from 1.0760 is at intersect...Spike Low forming...With North Reversal...1.21 to start.
4/8/04>10:23
Quote:
Sharp North Reversal off of the 1.0760 TimePhib<>61.8Fib>1.1966
1st Target 1.2075
2nd Target 1.2093
3rd Target 1.2118
Time/Price establishes current South decline Low at 1.1966...with a Sharp Reversal off of the Weekly NT32.8 Time Phib from the South Correction on 9/04>1.0760 to todays 1.1966/75 intersect...
Reversal North High currently 1.2066.........Looking for North continuation to 1.2150<>1.22 with South support firming at 1.20<>1.2050...for a South Reversal to set a 3rd retest of the 1.1760 basis. My Sell Eur/Usd 7/29/04...........
Quote:
Time/Price has established a current South Low at 1.1990...Looking for a North containment at the ST50.0 Time Fib 1.2093<>1.2130... for a move to the North Run 1.2927<>1.1376 61.8 Fib at 1.1950 basis...thus establishing a North Corrective advance to the 1.2150<>1.22 basis with a resumption of the South decline to a 3rd retest of the 1.1760 level.
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