Thread: Elliott Wave Trading Discussion

Originally Posted by forex friend

Hi Mike and others , below is the cable chart i am following, I believe that we are in ii of W5.

So far we have retraced 38.2 from the last fall where i have labeled wave 4.

Any one out there got the same or different.

Something wrong I cant add a chart :-(

thanks

JJ

Originally Posted by AyoBro

OK, I need help posting a chart. Keep in mind I have a mac.

How to Attach a Chart .......

( Print out a copy of this message and follow along )

Step 1 Save your chart to your computer and give your chart a file name


Step 2 Save your chart as a jpeg image or giff image
( this is very important ! )

Step 3 Save your chart to your computer 's Desktop

Step 4 Go to DailyFx page where you you want to post your message

Step 5 click the words "Post Reply" ( Light Blue color box) lower left hand side of page

Step 6 write your message in the blank space provided

Step 7 scroll down to where you see the words " Manage Attachments"

Step 8 Click on the words " Manage Attachments "( Grey color box )

step 9 You should now see 1 seperate boxe saying " Browse "

step 10 click on the boxe that says " Browse "

step 11 now use the drop down box that appears to go to
" My Desktop"-
this is where you put your saved chart - Remember ?

Step12 find your chart by the name the tiltle you gave it

step 13 click on your chart by that name that you gave it

step 14 click on the word "Upload " ( Grey color box )


Step 15 Do this again if you want to add a second or third chart.

Step 16 .....Click the words " Close Window "

Step 17 .... Check your message for misspelled words

Step 18 .....Click where you see " Submit Reply "

Step 19 ..... You are done !

Gbp/Jpy

Chart Result

Short @ 142.24 ............ Target reached ! ...........Gain of 92 points

//////////////////////////////////////////////////////////////////////////////////

Eur/Usd

Here is the result from last nights trade set up .....

--------------------------------------- ----------------------- -------------
Trade Unable ---- No Entry !

price-action was unable to reach entry price of 4756

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

If the GBP/JPY can break above the black neck line...and close an hourly candle above it...then the inverse head & shoulders (bullish) pattern will be intact.

Therefore it has a minimum price target just above 146.00. Keep in mind though the neck line has to be closed above for the pattern to be valid.

Originally Posted by Sean Hyman

If the GBP/JPY can break above the black neck line...and close an hourly candle above it...then the inverse head & shoulders (bullish) pattern will be intact.

Therefore it has a minimum price target just above 146.00. Keep in mind though the neck line has to be closed above for the pattern to be valid.

nice setup, thanks sean.

Eur/Usd


Chart Update ----- from yesterday's post ....
------------------------------- --------------- -------------

This .................

Originally Posted by speculator84

nice setup, thanks sean.

Speculator, you're welcome.

Also, BOE's Bean stirring up the GBP as Bean speaks.

Originally Posted by forex friend

Hi Mike and others , below is the cable chart i am following, I believe that we are in ii of W5.

So far we have retraced 38.2 from the last fall where i have labeled wave 4.

Any one out there got the same or different.

Something wrong I cant add a chart :-(

thanks

JJ

Hey JJ,

Well,the Cable sell off from this year high looks corrective to me.

just throwing possibilties!

you need to post your cable chart again.it is not there.

Originally Posted by freelancer

Mike,
The key word in the first post is "current" - after that - I do not see any inconsistencies between the other two posts. I expect the price to fall to 4620-4600 region to complete a flat as a wave iv before resuming up to complete the daily pattern. At the time of my first post I closed my long - now I am flat

Short term and longer term views.All clear now...thanks

Originally Posted by Sean Hyman

Speculator, you're welcome.

Also, BOE's Bean stirring up the GBP as Bean speaks.

Hi Sean,

Very interesting chart/GRAB.. Is it possible for you to tell me how to access this type of data please? Many thanks

Mike

Originally Posted by Mike in Japan

Hi Sean,

Very interesting chart/GRAB.. Is it possible for you to tell me how to access this type of data please? Many thanks

Mike

Mike, it comes off of a Bloomberg terminal. They cost about $1,500 to $2,000 a month from my understanding.

Thankfully I get to use the one at the firm for free.

Grab is just a function that allows you to have the page on the screen emailed to you.

Then I take it from there and can post it.

Hi Mike

Here it is below. Ihope it posts this time

JJ

Originally Posted by mike3gdc

Hey JJ,

Well,the Cable sell off from this year high looks corrective to me.

just throwing possibilties!

you need to post your cable chart again.it is not there.

Well, if Mr. Bean says it, it must be true...

Here is my view on GBPJPY, H1.

If the trade gets trigered the second target shown on the chart due in about 10 days!!!

Ed,