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- 28 Results (21 Replies , 7 Comments )
- JahDave commented Jun 29, 2012
They cannot... The world is going into deflation............... for at least 25 years.,
- JahDave commented Jun 29, 2012
Noone or any government can stop what is coming,,,,,,,no matter what they say in public...
- JahDave commented Jun 29, 2012
They are stuffed..........
- JahDave commented Jun 29, 2012
Agreed sarkel. Debt will have to be written off worldwide because no countries can repay it.... It will will be very interesting to see which country shafts which other country in all of this. I suspect the weaker countries will get the shaft...
- JahDave commented Jun 28, 2012
The aussie is in a triangle on the 5 minute chart, so that means that there will be one more short term push up and then everything will continue as before...I am actually surprised this will not make a bigger impact...
- JahDave commented Jun 28, 2012
Absolutely, this is just a spike... I don't think the trend will change from this.
- JahDave commented Jun 28, 2012
It's more smoke and mirrors.......Germany cannot bail out all of the PIIGS for free.....It seems like Germany is planning to follow the U.S. plan for creating tons of money from nothing.........This will only make the reckoning much worse, and put ...
- JahDave replied Apr 26, 2010
Where to start is the subjective part of Elliott Wave Theory. You have to understand that waves are fractals and they are going on at multiple levels continuously. If you give me a particular currency and specify what time frame you would like to ...
- JahDave replied Apr 26, 2010
Here's my count on this...
- JahDave replied Apr 26, 2010
Here Ya go...
- JahDave replied Apr 26, 2010
And let me add to that, I use other technicals and fundamental announcements as well. There is no "Holy Grail" out there....LOL
- JahDave replied Apr 26, 2010
I am using EWT and doing quite well with it. I purchased the book Elliott Wave Principle written by Frost and Prechter 2 years ago. I must have read it a 4 or 5 before grasping the concept well enough for it to help me. It is is abstract and I don't ...
- JahDave replied Apr 26, 2010
[quote=Raza;3668455]Chart[/quote Here are my daily Euro charts. Two views, marked up in Elliott Wave style...
- JahDave replied Apr 26, 2010
Anyway my prediction is Cable down tonight even though it has run up out the gate.
- JahDave replied Apr 26, 2010
You have a very good observation that this could be a triangle. I have drawn out what I think this will do if it is a triangle. I don't think this is a triangle. Look at the fibonacci retracement as well. But I think this is probably a running flat ...
- JahDave replied Apr 25, 2010
I think paragraph 2 on page 60 of Elliott Wave Principle sums this up. Peace
- JahDave replied Apr 25, 2010
My experience is that it will usually break the TL and then go back in the direction of the trend for a while and then it will break it for a long time on the next try...
- JahDave replied Apr 25, 2010
That would coincide with the U.S. stock indexes starting down shortly after thereafter. I have the dow in an ending diagonal as my preferred count, but it could 7 to finish a triple three.
- JahDave replied Apr 25, 2010
I think the euro union will come up with a gimmick and the world will buy it for several months and then see through it as a fraud...
- JahDave replied Apr 25, 2010
The really odd part about this for me is that I am an elliottician, and elliottwave says that we are in wave five down now which will probably end in several weeks. Now I, being of at least a little common sense know that the euro should go down for ...