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Great charts ziko, with the price of gold getting ready for another uptrend and crude getting ready for a hike up, it will be interesting to see how all these $ bullish charts pan out.
Great charts ziko, with the price of gold getting ready for another uptrend and crude getting ready for a hike up, it will be interesting to see how all these $ bullish charts pan out.
on the daily EURUSD we have the XD ratio currently equals "1.21",
according to the book the XD for the butterfly should be 1.27,
so we are currently 150 pips away from this perfect ratio,
so we may see EURUSD reaching 1.2900-1.3000 area and then a reverse after that
according to the book the XD for the butterfly should be 1.27,
so we are currently 150 pips away from this perfect ratio,
so we may see EURUSD reaching 1.2900-1.3000 area and then a reverse after that
Ziko I agree about the perfect 1.27....but it comes at 1.2840 ... not 1.2900, or 1.3000 ... so we're only 90 pips from there...check my picture
Also as a side note (off topic), EUR shouldn't break 2850 to complete a head and shoulder pattern on the monthly chart, so now I think everything fall in place
Ziko I agree about the perfect 1.27....but it comes at 1.2840 ... not 1.2900, or 1.3000 ... so we're only 90 pips from there...check my picture
Also as a side note (off topic), EUR shouldn't break 2850 to complete a head and shoulder pattern on the monthly chart, so now I think everything fall in place
the interesting thing is that the weekly chart also had XD currently=1.21 !
Last edited by newdigital; 02-26-2008 at 08:21 AM.
Ziko I agree about the perfect 1.27....but it comes at 1.2840 ... not 1.2900, or 1.3000 ... so we're only 90 pips from there...check my picture
Also as a side note (off topic), EUR shouldn't break 2850 to complete a head and shoulder pattern on the monthly chart, so now I think everything fall in place
As I expected yesterday the high for the EUR was 2833 exactly by the pip. the daily was a reversal. Now we have a confirmed butterfly. You welcome anytime guys. Since I am right finally for once, then I think it's time to go for business. I am starting a a bicycle delivery service for any one who want to buy my daily charts. Each fo 3 cents.
As I expected yesterday the high for the EUR was 2833 exactly by the pip. the daily was a reversal. Now we have a confirmed butterfly. You welcome anytime guys. Since I am right finally for once, then I think it's time to go for business. I am starting a a bicycle delivery service for any one who want to buy my daily charts. Each fo 3 cents.
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