dimes

Confirming A possible trend reversal with inter market analysis

FX:EURUSD   Euro / U.S. Dollar
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Traders just thought I share some of my thought process when looking to adjust a trade or qualify a trade. I trade using Elliott wave and it works out great for "Swing Trading" Along with Fib. If anybody would like to comment I would appreciate it. And let me know how they would approach a trade in the currency market and why. I love new ideas. Thanks

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Followed.
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Disagreed.
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dimes toufiqakhtar
I do not think there will be a trend reversal, to be more specific I was merely stating the fact the currency markets (risk) were either gaining ground or going higher than the S&P on a percentage basis. All indications to me are of a continuing sell off but just saying there is going to be a miner up move for a day(minimum expectation)but I am still short I think my chart mentions that. If you have any questions or were thinking the rally would continue today with out a poss let me know why. I am always interested in different rational and methods.
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