oooooOOOPPPSSS, forgot to post this photo, this proves, I'm actually tired and need some rest.
![](https://resources.faireconomy.media/images/emojis/64/1f621.png?v=15.1)
Hello World!
Why is GBPUSD called cable? 67 replies
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
cable short for gbpusd? 6 replies
DislikedWhilst your first chart is a possibility, your second is incorrect from an Elliott Wave point of view. Wave 4 cannot move below the W1 high for a valid EW count.Ignored
Dislikedoil is only 79 dollars... cheap eh ? housing shot and banking crisis - lets go for a record on the DOW !
somebody should write a book 'the death of fundamentals'
of course it will come just after my short gets bounced out - it always does
might short when these cocaine freaks take it over 14k or 20k if we declare war on iranIgnored
DislikedThat is a common misconception. Elliott never said cannot, he said should not. Nothing is absolute.Ignored
DislikedI was quoting directly from Robert Miners Dynamic Trading Theory, Chapter 3, page 11 - and also as set down in many other books on the subject.
Unfortunately, I have not read Elliotts original work.
However, I agree with you that it would be better put as "should not" as a small incursion should not IMO invalidate an otherwise good wave structure.
In this case, the violation was by 100 or so pips, over more than 8 bars quite sufficient IMO to invalidate the count.....Ignored
DislikedOn the Daily GBP/JPY ... again those outsized calls... WTF... Thankfully not on this threadIgnored
QuoteDislikedHi ClockTrader....
Watch py P/L!!!!
DislikedOn the Daily GBP/JPY ... again those outsized calls... WTF... Thankfully not on this threadIgnored