Eurusd/gbpusd - page 295
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week no. 6280 hit up tp1 50p (6280-6330)
week no. 6280 hit tp2 34p
( 6330-6374)
week no. 6280 hit tp2 34p ( 6330-6374)
sorry its 44p(6330-6374)
week no. 6280 hit tp2 34p ( 6330-6374)
week no. 6280 long tp3 35 p(6374-6409)
week no. 6280 hit tp2 34p ( 6330-6374)
week no. 6280 (from hight)sell tp1 40p tp2 38p (6280-6202)
eu week no. hit tp3 40p(4569-4529)
eu 4647 hit down(sell from 4529)
tp4 50p , tp5 50p, tp6 50p (4529-4368) 
week no. 6280 (from hight)sell tp1 40p tp2 38p (6280-6202)
6280 week no.hit tp3 45p, tp4 45p(from 6202
-6111)
eu 4647 hit down(sell from 4529)
week no 4647 hit down tp7 40p(4368-4327)
The following is a long-term Market Profile analysis I did whixh was posted in May on FF. The long-term view still holds.
EURUSD - Page 6598 @ Forex Factory
May 21, 2009 7:31pm
notch
The market really doesn't like these levels. Historically, it has spent a very short amount of time here. Historically, both both parties have agreed that these levels do not represent value but since the auction process caused an upward distribution from the following levels 1.35503 to 1.36013 on numerous occassions we favour demand being cut once price has been bid up to 1.46209.
Once 1.46209 has been achieved it is likely that there will be period of consolidation between 1.36905 - 1.46209. However, the auction process is likely to continue in the upward direction ultimately seeking market symmetry at 1.54876. The move from 1.46209 to 1.54876 is likely to be very rapid after which a fall back to 1.46847 is expected. There then should be a push to 1.56661 at which point excess supply is likely to enter the market.
LONG TERM the auction process rejects the levels between 1.36905-1.56661 and seeks balance between 1.20590 - 1.27728.
I can't give you time & price without digging into by Fibbonnaci time lines.THIS IS STILL VALID. WHEN ONE IS PROJECTING THE MEDIUM TO LONG TERM THEN THE OVER/UNDER SHOTS THAT HAVE OCCURRED ARE VERY ACCEPTABLE.
IN LINE WITH WHAT I WROTE MONTHS AGO, I'M EXPECTING THE PRICE TO START TO CONSOLIDATE AROUND THESE LEVELS. 1.4300-1.4600 BEFORE A THRUST UPTO THE 1.5666 LEVELS. ONCE 1.5666 LEVELS HAVE BEEN ATTAINED FILL YOUR BOOTS FOR A LONG TERM TREND DOWNWARDS.
May 21, 2009 7:31pm
notch
The market really doesn't like these levels. Historically, it has spent a very short amount of time here. Historically, both both parties have agreed that these levels do not represent value but since the auction process caused an upward distribution from the following levels 1.35503 to 1.36013 on numerous occassions we favour demand being cut once price has been bid up to 1.46209.
Once 1.46209 has been achieved it is likely that there will be period of consolidation between 1.36905 - 1.46209. However, the auction process is likely to continue in the upward direction ultimately seeking market symmetry at 1.54876. The move from 1.46209 to 1.54876 is likely to be very rapid after which a fall back to 1.46847 is expected. There then should be a push to 1.56661 at which point excess supply is likely to enter the market.
LONG TERM the auction process rejects the levels between 1.36905-1.56661 and seeks balance between 1.20590 - 1.27728.
I can't give you time & price without digging into by Fibbonnaci time lines.
My weekly projects are still working 80% of the time. However, last week they didn't work - the first time in months!
My weekly projects are still working 80% of the time. However, last week they didn't work - the first time in months!
hi mait!!!!happy to see you .send you a mail you dont reply???? realy waitting for reply !!your predict is great! you are the king !!! may you help me?? wish you a lot of green pips. see you soon