Thread: Elliott Wave Trading Discussion

Originally Posted by JoeyLee

I keep updating the count and found that actually the wave E is completed already. Can you see the wave is so smooth riding on the green line and moving away from yellow line in daily chart ?

I think it has also. This is a case where the RSI is better than ROC. It is showing a completed triangle and a retest. The price of the EUR$ is confirming as it was held at the lower trend line in the 1.3500 area. I agree with your count and shorted this AM. Looks like it is forming a 5 down.

Good Luck.

Originally Posted by aerocom

I think it has also. This is a case where the RSI is better than ROC. It is showing a completed triangle and a retest. The price of the EUR$ is confirming as it was held at the lower trend line in the 1.3500 area. I agree with your count and shorted this AM. Looks like it is forming a 5 down.

Good Luck.

I see it
NICE DAY

Originally Posted by tomek0111

I see it
NICE DAY

seeing opposite what others see
we need more such opposite count to confuse the market
good luck

Originally Posted by stanchiam

seeing opposite what others see
we need more such opposite count to confuse the market
good luck

ok thank you

http://competent-trades.blogspot.com...or-eurusd.html

Hi Everyone,

This could be happennig with USDOLLAR (FXCM) - tripple three with a terminal triangle - currently wave C bottom would be in place - daily chart.

Patryk

Originally Posted by fazi

Hi Everyone,

This could be happennig with USDOLLAR (FXCM) - tripple three with a terminal triangle - currently wave C bottom would be in place - daily chart.

Patryk

Patryk;

Here is how I view the fxcm dollar. My only concern is whether wave 2 of 3 is complete or still correcting. I think oil has completed its wave 2 of c of a flat and is headed to about 69.00 and the DOW as evidenced by the futures in netdania has completed a flat with its push to a new high on April 30 and has now entered wave c down. I anticipate this move will complete below the previous move and in the area of 5600.

Good Luck.

Possible CAD/JPY Monthly projection.....

I remain bearish against the recent high at 84.95

Here is my new Eur$ chart. Slow market. You can look for wave 3 to carry below 1.1800.

Good Luck.

UsdChf is a very strong market in this count. Basically spent the day with Balan and trying to imagine different counts for these pairs. I think this one is extremely valid but a move down would invalidate at least the count starting at the red as there is no count beyond a tripple three. If this has completed a tripple Complex it is wave 2 and is headed much higher at least 2 times 1.

Would love to see feedback other than F&F:>?

Good Luck!

Hey guys. I haven't posted in a while because not much has changed with my count. What has changed is that I am no longer just mildly bullish. I am now wildly bullish for the next year at least. I think the EURO is headed back up to the 1.50 level and beyond before any big crash occurs; it could even make new all time highs! I'm buying some for the ride up right now. Very good R/R with an obvious stop loss point. Good luck bears.

Originally Posted by 2_bits

Hey guys. I haven't posted in a while because not much has changed with my count. What has changed is that I am no longer just mildly bullish. I am now wildly bullish for the next year at least. I think the EURO is headed back up to the 1.50 level and beyond before any big crash occurs; it could even make new all time highs! I'm buying some for the ride up right now. Very good R/R with an obvious stop loss point. Good luck bears.

Very Impressive. Outstanding analysis. Be patience and watch it tonight . Tonight is Non Farm Payroll. I do not think so the figure is so good as predicted.

Originally Posted by aerocom

UsdChf is a very strong market in this count. Basically spent the day with Balan and trying to imagine different counts for these pairs. I think this one is extremely valid but a move down would invalidate at least the count starting at the red as there is no count beyond a tripple three. If this has completed a tripple Complex it is wave 2 and is headed much higher at least 2 times 1.

Would love to see feedback other than F&F:>?

Good Luck!

hmmm....another complex count

i prefer a clean count, here is mine, less headache for newbies
KISS...cheers

ps:back to hiding mode

Originally Posted by 2_bits

Hey guys. I haven't posted in a while because not much has changed with my count. What has changed is that I am no longer just mildly bullish. I am now wildly bullish for the next year at least. I think the EURO is headed back up to the 1.50 level and beyond before any big crash occurs; it could even make new all time highs! I'm buying some for the ride up right now. Very good R/R with an obvious stop loss point. Good luck bears.

nice 5 wave down on the white wave 2, hmm... although still valid, but later we shall find out
good luck bulls perhaps?

"think the EURO is headed back up to the 1.50 level "
wow

Originally Posted by stanchiam

hmmm....another complex count

i prefer a clean count, here is mine, less headache for newbies
KISS...cheers

ps:back to hiding mode

Just looking for the long term end. Hmmmm! I've seen this before. Simple is often best.

Good Luck.