Elliott Wave Trading Discussion

**justy10125** · 06-10-2009, 11:48 AM

The short-term USD/CHF charts are unfolding impulsively.

**justy10125** · 06-10-2009, 11:51 AM

Here's an update to the USD/CHF head and shoulders reversal. USD should continue its rally.

**marketwavez2** · 06-10-2009, 11:56 AM

Originally Posted by marketwavez2

Usd/Cad

Diver ,..............
Here is another view of the Usd/Cad from this past Sunday /////////

==================================== ====================

Usd/Cad

Wave-count ------ UPdate /////////

==============================

**Edward16** · 06-10-2009, 12:11 PM

Here is my count for the eurousd.
Long@ 3980 with stop just under the end of w1.
1st. target 1.4085 where w1=w5.

Edwards,

**diver** · 06-10-2009, 12:19 PM

Originally Posted by marketwavez2

Usd/Cad

Wave-count ------ UPdate /////////

==============================

Thanks Market.

**justy10125** · 06-10-2009, 12:37 PM

Here's a short-term USD/CAD chart.

**ravno** · 06-10-2009, 12:45 PM

Originally Posted by justy10125

Here's a short-term USD/CAD chart.

some alternate count is always good

**caljdil** · 06-10-2009, 12:50 PM

This is my take on EURUSD. Wainting for a wave two retracement to reload. Looking for five waves down to complete C.

**italm31** · 06-10-2009, 12:59 PM

Guys,
I like to use moving averages not an as a method but as a VISUAL reminder of what the actual trend is. I am and will always be an elliotician...even if I wanted to ever change methodology (not a chance...) I don't think I could cause the first thing [I] see when I look at a chart is a possible count....and thats hard to go against. Anyways, back to moving averages. The other reason I like moving averages is when price moves sidesways as such for Eurchf, Moving averages tend to come together almost as if forming 1 line. When that happens, breakout plays tend to be VERY DRAMATIC. Eurchf for me anyways has taken a bearish outlook as price has moved below the 20 and 30 MA...(which has formed 1 line)I think it might be worth a look over.

PS. Price has closed below the ending D on the GBPCHF which might also add to dwonward pressure in the EurCHF.

**ravno** · 06-10-2009, 01:05 PM

Originally Posted by ravno

some alternate count is always good

Sorry, guys, i meant the beloved Cable...

**justy10125** · 06-10-2009, 01:52 PM

Chart update to USD/CAD.

**kaori** · 06-10-2009, 01:58 PM

Should be clear enough for ew theorists there.

It seems for me we´re very close to step some short of market correction.

At least beautifull C upwave should follow Usd-Chf also. I suppose this should confirm something bearish still going on with Eurodollar also.

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