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'Market and Human' Psychology perspectives with tips on how to avoid common mistakes by Pierre Charlebois, Senior Trading Coach at www.TradingPostFinancial.com

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EUR/USD - How much more upside? Update EW potential

Posted on May 29, 2009 at 8:09 in Uncategorized by Pierre Charlebois

Following up my post from a few days ago, the price action has now provided a potential 5th wave up.

Some sort of top will form here. The question now is; if this is a final top and where to next?

6 Responses to “EUR/USD - How much more upside? Update EW potential”

  1. on 29 May 2009 at 8:27 am1j.j

    Dear pierre hi , thanks for the post i will be waiting for yr update.
    B.Regards

  2. on 29 May 2009 at 10:57 am2CD

    I’ll second that j.j - looking forward it.

  3. on 29 May 2009 at 11:27 am3Pierre Charlebois

    Hi JJ and CD.

    “Friday” Sentiment has remained strong in favour of EUR.

    The top may not form today unless there is a sudden late afternoon sell-off.

  4. on 29 May 2009 at 12:01 pm4j.j

    Dear Pierre , pls adv with update when you see a reversal sign ,thanks for the good work
    Regards

  5. on 29 May 2009 at 12:57 pm5CD

    Closing down for the week. Hope everyone has a great weekend. See you back in the trenches next week. Happy trading!!!

  6. on 29 May 2009 at 12:59 pm6CD

    Pierre - thanks for all the post and ideas. Great insight.

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