|
|
 |
|
01-02-2008, 11:00 AM
|
 |
Member
|
|
Join Date: Jul 2005
Posts: 3,865
|
|
|
Happy New Year Italm ........
Eg888 your chart from post # 2406 today is the good size
use this size if you can from now on....It's perfect
heres a copy of your chart
( see below )
-----------------------
Last edited by marketwavez2; 01-02-2008 at 11:02 AM..
|
01-02-2008, 11:16 AM
|
|
Member
|
|
Join Date: Jul 2005
Posts: 3,865
|
|
Hi Justy -- Happy New Year
I'm trying to believe in your secondary long term Usd/Yen
the only thing thats stopping me is that price is not touching the upper resistance line
at the end of the Larger wave C
I understand that price formation doesn't have to be perfect
but price is just to far away from that upper resistance line of the triangle that you have illustrated today
Anyway ,
I'm not trying to be mean here ,
i'm only pointing out an observation ,,,, hope you understand 
----------------------------------------------------------------------
( See Chart below )
Last edited by marketwavez2; 01-02-2008 at 11:23 AM..
|
01-02-2008, 11:40 AM
|
 |
Member
|
|
Join Date: Dec 2007
Posts: 13
|
|
|
Eur/usd
Quote:
Originally Posted by TheDude
Wave 1/2 complete? I've got three back and a bounce at 38.2. I promised myself no more trading in 2007 but with nothing on the board for me right now I can't resist. I'm long now and beginning to stack. Was origiannly looking for entry around 1.4476.
|
Anyone think wave 1/2 is complete now? Stacked up three more long positions at 1.4652. If we only got a 38.2% retrace then this rally should be very strong. Wave 3 of 5 will take out 1.5000 alone and the overall terminus of the cycle should end well above 1.5400. Continuing to stack longs on the dips with targets at short, medium, and long term intervals.
|
01-02-2008, 12:38 PM
|
|
Member
|
|
Join Date: May 2004
Posts: 221
|
|
happy new year evryone
great chance to buy at the end of wave c.....maybe....
|
01-02-2008, 01:34 PM
|
|
Member
|
|
Join Date: Aug 2006
Posts: 221
|
|
|
anyone got anything for USDJPY and the current fall?
|
01-02-2008, 01:47 PM
|
|
Member
|
|
Join Date: Jul 2005
Posts: 3,865
|
|
Quote:
Originally Posted by TheDude
Anyone think wave 1/2 is complete now? Stacked up three more long positions at 1.4652. If we only got a 38.2% retrace then this rally should be very strong. Wave 3 of 5 will take out 1.5000 alone and the overall terminus of the cycle should end well above 1.5400. Continuing to stack longs on the dips with targets at short, medium, and long term intervals.
|
do you have a chart ?
Post a chart
We will the then check it out .....
|
01-02-2008, 02:10 PM
|
|
Member
|
|
Join Date: Jul 2005
Posts: 3,865
|
|
Quote:
Originally Posted by AdrianEI
anyone got anything for USDJPY and the current fall?
|
Hi Adrian ,
Happy New Year ..........
-----------------------------------
Have a look here : Wave ": B " correction ? ....
Only a Probability !.......... Not Cast in Stone !...........
Last edited by marketwavez2; 01-02-2008 at 02:24 PM..
|
01-02-2008, 02:57 PM
|
|
Member
|
|
Join Date: Jul 2005
Posts: 3,865
|
|
|
Blueman your chart look s great ...........
I just wanted wish you all the best on your set-up there
/////////////////////////////////////////////////////////////////////////
Adrian ,
Here is a short-term look at the Usd/Yen for today
---------------------------------------------------------
Last edited by marketwavez2; 01-02-2008 at 03:00 PM..
|
01-02-2008, 02:58 PM
|
|
Member
|
|
Join Date: Aug 2007
Posts: 174
|
|
|
MARKET - the usdjpy medium-longer term triangle
Hey, market, as to your comment on Justy's triangle. As for me, I would just draw the upper trendline through waves A and C instead of A and E, so that the price in wave E would overshoot the trendline - when that happens and I interpret the action as a triangle, it is the best point to go short when I see a complete a-b-c pattern in the E leg. The overshoot that drawing the line through A and C would give is a great indication to wait for an end, If I anticipate an E leg as such.
So personally I think it is ok. What are your reasons for expecting a move touching the line perfectly at all three instances (A-C-E)? Is that a guideline or something?
Sincerely,
Picolo
|
01-02-2008, 03:14 PM
|
|
Moderator
|
|
Join Date: Jan 2007
Posts: 1,230
|
|
Quote:
Originally Posted by marketwavez2
Blueman your chart look s great ...........
I just wanted wish you all the best on your set-up there
/////////////////////////////////////////////////////////////////////////
Adrian ,
Here is a short-term look at the Usd/Yen for today
---------------------------------------------------------
|
The drop in the USDJPY is either the beginning of a 3 of 3 or wave X in a larger W-X-Y (which is a second wave). I favor the latter interpretation (wave X) and I'll show why on the next chart.
|
01-02-2008, 03:19 PM
|
|
Moderator
|
|
Join Date: Jan 2007
Posts: 1,230
|
|
Quote:
Originally Posted by Jamie Saettele
The drop in the USDJPY is either the beginning of a 3 of 3 or wave X in a larger W-X-Y (which is a second wave). I favor the latter interpretation (wave X) and I'll show why on the next chart.
|
The drop, although sharp, is still counted best as 3 waves. We could see a bit more errosion...108.80 is a fibo level. I think that the next big move is higher in wave Y to complete larger 2 of 3.
|
01-02-2008, 03:58 PM
|
|
Member
|
|
Join Date: Jul 2005
Posts: 3,865
|
|
Quote:
Originally Posted by marketwavez2
Italm if you are there
Why has this gone unanswered for so long ? ............
Why doesn't the Pm's work in this forum ?
Doesnt this this person deserve some feed back ?
-------------------------------------------------------
how can we build a community ,
if we forget about Newbies who are trying to learn ?
This should not be .........
---------------------------------------
Jammie where are you on this one ?
|
Jamie you are back ::;;;; Happy New Year
Can you please answer this ?
Last edited by marketwavez2; 01-02-2008 at 04:09 PM..
|
01-02-2008, 04:13 PM
|
|
Member
|
|
Join Date: Jul 2005
Posts: 3,865
|
|
Quote:
Originally Posted by Picolo
Hey, market, as to your comment on Justy's triangle. As for me, I would just draw the upper trendline through waves A and C instead of A and E, so that the price in wave E would overshoot the trendline - when that happens and I interpret the action as a triangle, it is the best point to go short when I see a complete a-b-c pattern in the E leg. The overshoot that drawing the line through A and C would give is a great indication to wait for an end, If I anticipate an E leg as such.
So personally I think it is ok. What are your reasons for expecting a move touching the line perfectly at all three instances (A-C-E)? Is that a guideline or something?
Sincerely,
Picolo
|
Hi picolo
Happy New Year 2 you !
Not sure what you are saying about the touch of the lines .....
but Please see this Explanation Chart below
------------------------------------------------------
and maybe read this link
http://elliottwave.net/educational/b...ts/basics3.htm
( Which one is occurring in the Usd/Yen Long-Term ? )
----------------------------------------------------------------
This is where my thinking came from
Last edited by marketwavez2; 01-02-2008 at 04:20 PM..
|
01-02-2008, 04:14 PM
|
|
Moderator
|
|
Join Date: Jan 2007
Posts: 1,230
|
|
Quote:
Originally Posted by marketwavez2
Jamie you are back ::;;;; Happy New Year
Can you please answer this ?
|
Happy New Year as well...I had a nice break but it is time to get back to work. On that note, I believe that it is healthy to take a few decent sized breaks each year. Our brains need rest just like our bodies do. Ok, what is the question you are referring to? I didnt understand the one that you quoted.
|
01-02-2008, 04:25 PM
|
|
Member
|
|
Join Date: Jul 2005
Posts: 3,865
|
|
|
Picolo ,
Here is the Usd/Yen chart posted earlier today by our friend Justy ....
try to match this chart up with the Eliott Waves explanation diagrams
----------------------------------------------------------------------
Please look at this closely in relation to the example s provided
again which on of these is occuring in the Usd/ Yen Longer -Term ?
Last edited by marketwavez2; 01-02-2008 at 05:02 PM..
|
|
|
| Thread Tools |
|
|
| Rate This Thread |
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is On
|
|
|
|
