Sell Eur/Usd

[xtsunami]

overshoot or undershoot, the song remains the same.

fwiw: the area I was looking at as the big upward resistence was 1.3338....from the low of 1.1769 area.

[Iris]

Eur/Usd..............

Time/Price has a new Alltime High at 1.3283 with a current South Low at 1.3251...expecting the Voices in Euroland to begin sounding in a more firmer tone on Euro appreciation with 1.35 within 200 pips...Looking for a North containment at the NT61.8 at 1.3290<>1.3315 for a South Reversal decline to a break at 1.32 to a decline to 1.3180<>1.3150 basis.

Time/Price has new Alltime High at 1.3329...into a South Reversal decline Low at 1.3182...with a North 618Fib pullback to 1.3272 currently High at 1.3281. Looking for a North containment zone at the 1.3272<>1.3285 level for a South decline continuance thru 1.3250 to 1.32<>1.3180 basis. North break of 1.33 Targets a run to new Alltime High at/above 1.3329 basis.

[Iris]

Eur/Usd.............

Time/Price has a new Alltime High at 1.3283 with a current South Low at 1.3251...expecting the Voices in Euroland to begin sounding in a more firmer tone on Euro appreciation with 1.35 within 200 pips...Looking for a North containment at the NT61.8 at 1.3290<>1.3315 for a South Reversal decline to a break at 1.32 to a decline to 1.3180<>1.3150 basis.
--------------------------------------------------------------------------------
Time/Price has new Alltime High at 1.3329...into a South Reversal decline Low at 1.3182...with a North 618Fib pullback to 1.3272 currently High at 1.3281. Looking for a North containment zone at the 1.3272<>1.3285 level for a South decline continuance thru 1.3250 to 1.32<>1.3180 basis. North break of 1.33 Targets a run to new Alltime High at/above 1.3329 basis.

Time/Price has current North containment at 1.3298 into a South Low from the Open at 1.3265. Looking for a North containment at 1.33<>1.3285 for a South decline thru 1.3250<>1.32 to a test at 1.3180<>1.3150 basis.

North break of 1.33 for Entries that Target a run to new Alltime High at/above 1.3329 basis.

[Speculator]

XT I completely agree with the reached 1.3330 level. It was only the thanksgiving’s merlot fault…. The following chart was the reason to put my stop at 3336, but… why not save 5 stinking pips when the chart’s not opened…?
I’ll be watching the next(1.3366) value in the Price Square as it aligns perfectly with the channel’s top for this week, and today is 28th (time table). R1=1.3370. I may eventually sell EUR if it goes there today. Possible targets/reverse 1.3200 / 1.3115.
Channel’s top needs to be broken the next 2-3 weeks if the super bullish scenario from my earlier post is to happen... however, it could as well fail.

Good luck and good trading to all.

[Iris]

Eur/Usd........and the Majors.

Time/Price has current North containment at 1.3298 into a South Low from the Open at 1.3265. Looking for a North containment at 1.33<>1.3285 for a South decline thru 1.3250<>1.32 to a test at 1.3180<>1.3150 basis.

North break of 1.33 for Entries that Target a run to new Alltime High at/above 1.3329 basis.

Time/Price has North containment pullback from the Open at 1.3286 into a South decline Low currentlty at 1.3232...Cable...
Swissy... Yen followed suit with some USD buying from the Open on the volatility expansion. With the break at 1.3250 set to continue... Looking for a further South decline to break 1.3220<>1.32 to a test at 1.3180<>1.3150 basis.

[Speculator]

Hi Iris,

If the 3220-30 support holds I see a potential for pattern forming.

BTW, there are some nice new tools in the new Metatrader. The Gann Grid is almost impossible to adjust and Gann Fan lacks the 2x3 and 3x2…(I sent them email)... otherwise everything works like a charm.

[Iris]

Hello Speculator......

Agree...if the Bulls are going to Run North the next bounce at 1.32<>1.3220...or precisely 1.3217... would need a North break at 1.3255<>1.3265 as a 1st Signal with 1.3285<>1.33 the next Entry for new North Alltime Highs.

11/28/04 is a Time Square Major level...with a strong South decline from the Open...1.3220<>1.32 will be decisive for establishing the 11/28 High/Low...with USD buying from the Open across the Majors I'm inclined on a South break of 1.32 before a revisit North...either way its the specific level triggers that will give early Directional Bias...one things for sure....

A Major level already is/will be ...established in the next 24hrs.

Time reverts to its mean.

[Iris]

Eur/Usd.............

Time/Price has current North containment at 1.3298 into a South Low from the Open at 1.3265. Looking for a North containment at 1.33<>1.3285 for a South decline thru 1.3250<>1.32 to a test at 1.3180<>1.3150 basis.

North break of 1.33 for Entries that Target a run to new Alltime High at/above 1.3329 basis.
--------------------------------------------------------------------------------
Time/Price has North containment pullback from the Open at 1.3286 into a South decline Low currentlty at 1.3232...Cable...
Swissy... Yen followed suit with some USD buying from the Open on the volatility expansion. With the break at 1.3250 set to continue... Looking for a further South decline to break 1.3220<>1.32 to a test at 1.3180<>1.3150 basis.
-------------------------------------------------------------------------------
if the Bulls are going to Run North the next bounce at 1.32<>1.3220...or precisely 1.3217... would need a North break at 1.3255<>1.3265 as a 1st Signal with 1.3285<>1.33 the next Entry for new North Alltime Highs.

Time/Price has North containment at 1.3280 with a South decline Low at 1.3228...the North containment zone at 1.3285<>1.33 is holding...Looking for a break at 1.3250 for which a decline to 1.3217<>1.32 will establish a run for 1.3180<>1.3150 basis.

A North break at 1.3285<>1.33 Targets Alltime High and beyond to 1.3355<>1.3413 basis.