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  #14071 (permalink)  
Old 07-06-2009, 09:13 AM
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Quote:
Originally Posted by cmellon View Post
Hi P,

Here's an alternate Delta count where LTD 15 high has arrived on time and LTD 16 low arrived a little early. In a strong SLTD upmove, this could happen.

However, after giving it a thought over the weekend and by looking at cross currencies Delta projection, it seems that the more likely scenario is the LTD 15 late arrival per my previous chart. But a break of 1.58 is still needed to confirm that count.

The alternate count here is valid as long as 1.58 is not broken.
Thanks C - late LTD 15 makes more sense to me too - so probably an ED unfolds as a C of en expanded flat - if this the case 1.58 will be just kissed goodbye swiftly

Patryk
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  #14072 (permalink)  
Old 07-06-2009, 09:29 AM
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Originally Posted by ravno View Post
Here is the most bearish scenarion for Cable...
I this case, the Cable will eventually drop below or at least very close to the last big low, namely 1,35...
Yep Ravno - I was thinking of the same - there is one question tag there - there are good fibo relations within wxy (small letters on my chart) while WXY relation don`t look so good (yet??) - besides it doesn`t fit in cmellons` delta (yet)

Patryk
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  #14073 (permalink)  
Old 07-06-2009, 09:47 AM
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eurjpy

Wow, while I was constructing this chart the bottom fell out. I was short from 132 and change.
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  #14074 (permalink)  
Old 07-06-2009, 09:49 AM
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Usd/Cad

Good morning ,,,,,,,,,

1 CHART UPDATE
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  #14075 (permalink)  
Old 07-06-2009, 09:57 AM
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gbpusd

Short term bearish outlook for cable.
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  #14076 (permalink)  
Old 07-06-2009, 09:59 AM
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eurusd

Bearish euro outlook, short term.
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  #14077 (permalink)  
Old 07-06-2009, 09:59 AM
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Originally Posted by fazi View Post
Yep Ravno - I was thinking of the same - there is one question tag there - there are good fibo relations within wxy (small letters on my chart) while WXY relation don`t look so good (yet??) - besides it doesn`t fit in cmellons` delta (yet)

Patryk
Right, between the biggest letters there is not such a beatifull Fibo relation...
But what we can do ?
Well, at least to have some alternate counts ....
And then, the next best one is to allow the whole structure to become an extended Flat... In this case _all_ Fibo Relations _could_ become perfect.

We will see...
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Old 07-06-2009, 09:59 AM
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Usd/Yen

CHART UPDATE :

This pair continued to decline over night -
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  #14079 (permalink)  
Old 07-06-2009, 10:00 AM
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Originally Posted by benfx View Post
hi,
my short on usd/jpy is still working,
my count, updated (view 4H):


my stop's now at 96.91
hi all,
update of my usd/jpy count, which's happening as wished ,)
(once is not usual...!)
4h:

I've just bought half of my position, for a +210 pips
I'll try to close it totally under 94...
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  #14080 (permalink)  
Old 07-06-2009, 10:00 AM
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Originally Posted by Ilovepippin View Post
Short term bearish outlook for cable.
Yes, i like this one..
Could either be a Flat in working, or triangle...
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  #14081 (permalink)  
Old 07-06-2009, 10:02 AM
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Originally Posted by benfx View Post
hi all,
update of my usd/jpy count, which's happening as wished ,)
(once is not usual...!)
4h:

I've just bought half of my position, for a +210 pips
I'll try to close it totally under 94...
Congratulations to you ! //////////////
Keep up the good work ---- and keep posting those charts
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  #14082 (permalink)  
Old 07-06-2009, 10:18 AM
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Originally Posted by brad_1199 View Post
Hi Nick... No problem bud We've got an awesome crew of traders in here, but I'm one of the few that digs into the really long term charts... Stick around, you'll learn a wealth of information from the people in this forum --- Do you use elliott wave analysis in your trading ?? Have any charts you care to share ??
Brad,
sure, I'll share my charts, most long term, though none of them will bring anything new to the forum. As of trading, not really active yet, just 1 operation/month (currently short on USDJPY), I'm trying to follow Market recommendations on self-education before serious trading
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  #14083 (permalink)  
Old 07-06-2009, 10:32 AM
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Originally Posted by ravno View Post
Right, between the biggest letters there is not such a beatifull Fibo relation...
But what we can do ?
Well, at least to have some alternate counts ....
And then, the next best one is to allow the whole structure to become an extended Flat... In this case _all_ Fibo Relations _could_ become perfect.

We will see...
yes - we`ll see - in favour of your count works one of my obseravtions, namly: -perfect (or almost) fibo relations happen more often within y wave, than perfect relation between w and y - but there should be a good reason for such a market behaviour - some fibo resistance, trend line, broken bottom turned into resistance etc. - unfortunately none of these cases are present on the cable chart

Patryk

Last edited by fazi; 07-06-2009 at 10:42 AM..
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  #14084 (permalink)  
Old 07-06-2009, 10:32 AM
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Usd/Jpy

.................................................. ................
Todays early Price-action has broken the neckline
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  #14085 (permalink)  
Old 07-06-2009, 10:38 AM
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Originally Posted by marketwavez2 View Post
Congratulations to you ! //////////////
Keep up the good work ---- and keep posting those charts
thx market to support, it's pleasant
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