Dluginacci
Short

EUR/USD - Quick Update About Short Position

FX:EURUSD   Euro Fx/U.S. Dollar
I have just opened the third and last position within my EURUSD             pyramid. I did have a sprint             towards the 1.10 in mind if the NFP doesn't come out as expected but I did expect the unexpected.

Looking at the Elliot Wave count it actually makes perfect sense. Based on that we are seeing a perfect (orange ) 2 within the (red and blue) fives and overlaying c. Therefore we are not going any higher than the (red) 4 to keep the setup valid.

Hence, 1.05 and 1.02/00 we are coming!

Stop Loss for all short positions at 1.12
PeytoLake
2 years ago
Thanks for sharing!
Reply
Dluginacci PeytoLake
2 years ago
You are very welcome. Good luck!
+1 Reply
Maybe 1-2 is invalid...that's what I think. 4th wave in red isn't over.
We'll see though, if it goes over your 4th and start of w1 of 5/c it's invalid.
Nice work.
Reply
Dluginacci IvanLabrie
2 years ago
Yes, if it goes over red 4, 1-2 orange is invalid. However, I do think that the red 4 will come to an end soon. It actually retraced enough to become valid. Cheers!
+1 Reply
GrzegorzOleksiuk
2 years ago
Had a few orders at different levels and opened few short at max spike even at 1.1020. Some already in juice. Can't wait for 1.02!!!!

Dabs
Reply
Dluginacci GrzegorzOleksiuk
2 years ago
Well done, you. I will definitely hold onto my positions as, even if it would spike up again, it will come down sooner or later. Cheers
Reply
bjfalch Dluginacci
a year ago
Hi. Do you have any SL on this position?
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GrzegorzOleksiuk
2 years ago

What do you think about GBPJPY and EURGBP?
Reply
Dluginacci GrzegorzOleksiuk
2 years ago
Regarding GBPJPY check my Facebook page. Currently working on EURGBP but not sure if I will finish it today. Give me some time, mate ;) Cheers!
Reply
GrzegorzOleksiuk Dluginacci
2 years ago
No time:)

Yeah, GPBJPY looks good so far. Got it open in my account. Shorted EURGBP thinking that GBP will again press EUR down. Oh well SL is on 0.7400
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