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Old 06-10-2004, 17:08   #1 (permalink)
4xis2ez
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Cycle analysis for Eur/Usd, Intraday trades

Here is the cycle graph for the week of Oct. 3. The odd numbers are highs and the evens lows. Configured for Eastern time USA. If you're in a different time zone you will need to shift the timing appropriately.
Possible upcoming trades are going long the 12 low, or short the 13 high. It seems that a low has been made at .2248 at 9:30 eastern time Wednesday, and if eur/usd dips to the 12 low, not making a new low, that may be a buy. If a feeble move ensues to the 13 high, this could then be a good short at the 13 high.
These Delta cycles help you to read the market, perhaps something like Elliot wave does.
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cycle-analysis-eur-usd-intraday-trades-week-oct-3.jpg  
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