Thread: Elliott Wave Trading Discussion

Goodmorning everyone,

Here's another update. Looks like my call for a bottom yesterday was correct. There is an alternative count (in green) in which wave 5 is extended, in this case wave 1 from the top isn't finished yet. In the normal count i present, wave 1 is finished and we got a small 3 wave move up, this could be A or a of A.

Hey guys,

Here are few updates:

Some updates to the count from this morning.
This time presenting the possible bigger picture

Gbp/Usd 15 Minute Position correction 50% ritz Sl 62% profite Double Previous support !..

Originally Posted by ravno

Some updates to the count from this morning.
This time presenting the possible bigger picture

Hi Ravno,

I like your count, it fits well with my eur/usd count. Just a little more patience for a goodlooking short trade. I like your fib relations you put next to your waves, the channel lines look good to.

Good luck

Originally Posted by mike3gdc

Hey guys,

Here are few updates:

HI Mike


Thanks For Aus/usd count
But I just Think The Begin Trust Of A isn’t Good Probability That Make The CT triangle Right a b c d e were Under should a guild Line a Zizzag family!!!


but I can agree this is if this is skewed triangle. Of 4Th



YOU ARE A GOOD ELLIOTICIAN MIKE

Originally Posted by Jeremy Demunter

Hi Ravno,

I like your count, it fits well with my eur/usd count. Just a little more patience for a goodlooking short trade. I like your fib relations you put next to your waves, the channel lines look good to.

Good luck

yes, jeremy, the cable is now my favorite one.
that's why i put so much effort in attempt to apply every single Elliott-related technick.

by the way, fibo relations are a kind of my trade mark as i use it heavily (due to some very good reasons).

ausUsd

Originally Posted by apipintime

Hey Pacos,

Fantastic counts! Of the two, I would be leaning towards the triangle scenario, or possibly just a straight out triple three ending in the 1.57 area. I believe equities and Gold have one more leg up in the intermediate term, so this intermediate term bullish scenario with Cable seems to fit. Thanks

Thanks Jay,
it'd be nice if it worked too! . I think you're right on spot about the equities and gold. Oil also is due for another thrust to the upside from the expanding triangle similar to the one that EZCashDreams posted earlier. Aussie is getting into a triangle so gbpusd might do the same thing. The recent move down from 1.6718 doesn't impress me as an impulsive movement and today's rebound is not impulsive either. So we can't rule anything out yet.

USD/CAD

V

Originally Posted by VINCY BALBOA

Gbp/Usd 15 Minute Position correction 50% ritz Sl 62% profite Double Previous support !..

Upate GU

ONLY ON 4 hour

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Great work Vincy

your charts dont come out so clean, the numbers on the scale are hardly visiable.

are you posting them as Gif files?

Thanks

JJ

Originally Posted by VINCY BALBOA

Upate GU

ONLY ON 4 hour

Hey Pacos

Nice chart, just a observation on your chart you have a spike low on cable today to 16139, from what i can make out from your chart, my chart has the low in at 16166.

Just wondered what charts you use.

JJ

Originally Posted by pacos

Thanks Jay,
it'd be nice if it worked too! . I think you're right on spot about the equities and gold. Oil also is due for another thrust to the upside from the expanding triangle similar to the one that EZCashDreams posted earlier. Aussie is getting into a triangle so gbpusd might do the same thing. The recent move down from 1.6718 doesn't impress me as an impulsive movement and today's rebound is not impulsive either. So we can't rule anything out yet.

Originally Posted by forex friend

Hey Pacos

Nice chart, just a observation on your chart you have a spike low on cable today to 16139, from what i can make out from your chart, my chart has the low in at 16166.

Just wondered what charts you use.

JJ

Thanks JJ,
you know what? it changed to 1.6164. I use Alpari UK demo for charting. good observation! what is your count on cable? thank you