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Thread: Elliott Wave Trading Discussion

  1. #39511
    brad_1199's Avatar
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    Quote Originally Posted by Big Mike View Post
    The New York Times > Log In

    Bob Prechter in a recent New York Times edition talking about the future developments in the stock market.
    Thanx for posting that Big Mike..

  2. #39512
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    EUR/NZD

    Hmmmmm... Double doji on the daily chart... Could be some weakness ahead...
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  3. #39513
    Big Mike is offline Member
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    Quote Originally Posted by brad_1199 View Post
    Thanx for posting that Big Mike..
    Maybe you noticed that Prechter becomes mainstream recently.

    The fact is that he and his predictions were ridiculed by all serious economists and bankers; he was considered something of a weirdo.
    Now, as some of his predictions are coming to fruition, people start paying attention.

  4. #39514
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    Quote Originally Posted by Big Mike View Post
    Maybe you noticed that Prechter becomes mainstream recently.

    The fact is that he and his predictions were ridiculed by all serious economists and bankers; he was considered something of a weirdo.
    Now, as some of his predictions are coming to fruition, people start paying attention.
    I take Prechter's judgement very seriously... I can't imagine what things will be like, should the dow drop below 1000 within the next decade... Some very hard times ahead if he's right... I'm short the dow in size and looking to see if he's right.. This is a great opportunity for patient bears to get insanely wealthy...

  5. #39515
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    USDJPY

    It looks like we need one more push down in USDJPY before this impulse is finished.
    Attached Thumbnails Attached Thumbnails Elliott Wave Trading Discussion-2010-07-05-4-hr.jpg  


  6. #39516
    Big Mike is offline Member
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    Quote Originally Posted by brad_1199 View Post
    I take Prechter's judgement very seriously... I can't imagine what things will be like, should the dow drop below 1000 within the next decade... Some very hard times ahead if he's right... I'm short the dow in size and looking to see if he's right.. This is a great opportunity for patient bears to get insanely wealthy...
    unfortunately, our politicians allowed the organized crime (a.k.a. big banks, insurance co. and other financial institutions) to steal all money from our pockets.
    As much, as I hate to admit, but the collapse of the stock market is likely inevitable as a result.

  7. #39517
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    EURUSD

    eurusd 4h chart
    it looks like that the correction has finished.
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    Last edited by willcheng; 07-07-2010 at 01:41 AM.

  8. #39518
    mkos is offline Member
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    eurusd

    4h an 1h chart
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    Elliott Wave Trading Discussion-2.jpg  


  9. #39519
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    Us Dollar

    --------------------
    a work in progress ........

    --------------------------------------- ------------
    Attached Thumbnails Attached Thumbnails Elliott Wave Trading Discussion-swiss-franc-7-07-10-01.jpg  


  10. #39520
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    US/ Dollar

    ---------------- ---------------------
    Is this in a free fall or what ?



    Where is the Bottom ? .......

    - - - - - - - - - - - - - - - - - - - - - - - - - -
    Attached Thumbnails Attached Thumbnails Elliott Wave Trading Discussion-swiss-franc-7-07-10-03.jpg  

    Elliott Wave Trading Discussion-swiss-franc-6-30-10-01.jpg  

    Last edited by marketwavez2; 07-07-2010 at 07:29 AM.

  11. #39521
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    Eur/Usd 1hour

    Hi everyone,

    That last rally in eur/usd looks more like a 3 wave to me. So how about a triangle or flat forming?

    Friendly greetings,
    Jeremy
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  12. #39522
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    EURJPY my strategy
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  13. #39523
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    Update to yesterday's chart. AUD/USD hourly.
    Possible target is 8614.
    Last edited by samsclub; 07-09-2010 at 06:29 PM.

  14. #39524
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    Here are some counts that I'm looking at.
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  15. #39525
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    Quote Originally Posted by marketwavez2 View Post
    Us Dollar

    --------------------
    a work in progress ........

    --------------------------------------- ------------
    What time frame is this sir?

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