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Robert24
Feb 19, 2014 12:05 AM

EURUSD arcs on a different scale than before 

Euro Fx/U.S. DollarFXCM

Description

I did a chart previously with circles and right diagonals. It makes more sense that they should go together.
This was done at a different scale. Some really good hits, especially from the tops going down, instead of sideways looking arcs. If it repeats enough it's usable. The aqua's are pretty right on. Tans are close and some reds farther back that are debatable. Use what you can. The nice thing about this set up is you just go from a top back to it's previous low and swing across...and if you're lucky. Voila! perfect hit and reversal.
By the way a safe way to play arcs is take the first leg from center to it, then if the distance was say 100, just shorten the projected leg to 90 as a safety.
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