Forex Factory (https://www.forexfactory.com/forum.php)
-   Commercial Content (https://www.forexfactory.com/forumdisplay.php?f=158)
-   -   Elliott wave outlook (https://www.forexfactory.com/showthread.php?t=369574)

Pepperap Mar 7, 2013 9:11am | Post# 8301

Per CG's post.... I still have that as an option, but can hedge so will hold tight for now
It's a good possibility. Counts are not so clear, but there is consensus for direction of price.

thegunslinger Mar 7, 2013 10:51am | Post# 8302

This seems to be a good C wave - price stretched a little beyond the 1.236 fib @ 1.3090.

https://www.tradingview.com/x/N6ZzbXVH/

MeInGraySuit Mar 7, 2013 12:40pm | Post# 8303

2 Attachment(s)
Ok I have adjusted my charts because this last move up was not making any sense...I want to see if anyone else thinks this is plausible. It was not making any sense in the 4 hour or 1 hour time frames for me so when it doesn't make any sense then I go out one more time frame, so here is my Daily count and the readjusted 4 hour count...let me know if it makes sense.
Click to Enlarge

Name: daily.jpg
Size: 293 KB
Click to Enlarge

Name: 4hchart.jpg
Size: 335 KB

MeInGraySuit Mar 7, 2013 2:19pm | Post# 8304

Ascending triangle almost ending...one more push up for this first leg of EU.

MeInGraySuit Mar 7, 2013 2:37pm | Post# 8305

Going long from here.

Forex Magic Mar 7, 2013 2:49pm | Post# 8306

Going long from here.
Bank Stress Test Results in 40 mins....

Hmmmm, actually 9:30 London time

thegunslinger Mar 7, 2013 4:10pm | Post# 8307

Ascending triangle almost ending...one more push up for this first leg of EU.
Turned into an ending diagonal for a 5th wave of 3.

https://www.tradingview.com/x/AwzeVnk4/

Luis Carlos Mar 7, 2013 4:40pm | Post# 8308

Euro dollar at least 1.3260

John Gray Mar 7, 2013 5:13pm | Post# 8309

Euro dollar at least 1.3260
What's the reason Luis?

Appears market will hold 1.31 NY, sat above it nicely for a few hours now.

Tonight I will be active, it's NFP time!

The Cableguy Mar 8, 2013 3:54am | Post# 8310

Canny reaction at the 23.6% retrace, so far, so good;

http://i1168.photobucket.com/albums/...4h07-03-13.png

(Last night);

http://i1168.photobucket.com/albums/...1h07-03-13.png

crosswind Mar 8, 2013 5:31am | Post# 8311

Hi guys
would i be correct in saying , eu we are in wave 5 of the first leg (unless retrace) and is wave 2 sharp and wave 4 complex.
Regards.
Cross

Forex Magic Mar 8, 2013 8:04am | Post# 8312

What's the reason Luis?

Appears market will hold 1.31 NY, sat above it nicely for a few hours now.

Tonight I will be active, it's NFP time!
Hi John, its the 38% Fibo level from the last significant high

Forex Magic Mar 8, 2013 8:05am | Post# 8313

You could well be right on this count CG. Igor Pak, Analyst at Admiral Markets has adorned the same view too

crosswind Mar 8, 2013 8:53am | Post# 8314

Hi guys
(unless retrace) one hell of a wave c.?

Forex Magic Mar 8, 2013 9:00am | Post# 8315

1 Attachment(s)
Hi guys
(unless retrace) one hell of a wave c.?
Its wave 5.

CG's count is nearly correct, but the a on his chart is actually a-b-c (If You look on a 5m chart its easy to see>
Click to Enlarge

Name: 5m.png
Size: 53 KB

crosswind Mar 8, 2013 10:06am | Post# 8316

Hi forex magic
do you have a target for that wave 5.
Regards.
Cross

Forex Magic Mar 8, 2013 10:17am | Post# 8317

Hi forex magic
do you have a target for that wave 5.
Regards.
Cross
Hi,

The obvious target would be 1.2885.... thats the 50% Fibo level.

thegunslinger Mar 8, 2013 10:31am | Post# 8318

Here's what I see.

Wave D was an almost perfect 1.618 fib ext of ABC.

https://www.tradingview.com/x/VgaDhaK0/

Forex Magic Mar 8, 2013 11:00am | Post# 8319

Here's what I see.

Wave D was an almost perfect 1.618 fib ext of ABC.

https://www.tradingview.com/x/VgaDhaK0/
Maybe.... but wave 3 looks about to complete with a new low if You ask me.

MeInGraySuit Mar 8, 2013 11:29am | Post# 8320

1 Attachment(s)
Another possible view of wave 5...
Click to Enlarge

Name: 4hchart.jpg
Size: 315 KB


© Forex Factory