(Euro) Elliott Wave Formations

Euro/Usd -

Elliot Waves trade-setups for all .......
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If you dont agree , post your charts and state you case

No need to argue about who has the right Wave - count .

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TIME WILL TELL ALL ............

Hey marketwavez,
Are you going to start off by showing us your wave count? I dont trade EW (maybe in the future Ill try to learn it) but I would be interested in seeing how other peoples counts differ from yours, and how people arrived at these conclusions.
Good luck, and welcome to the forum!

SHORT TERM TRADE SET-UPS FOR ALL !

Swing trading is actually one of the best trading styles for the beginning
trader to get his or her feet wet, and still offers significant profit potential
for the intermediate and advanced traders.

THIS THREAD IS BEING SET UP AS REFERENCE TO WHAT IS GOING ON
IN THE 6 MAJOR CURRENCY PAIRS UTILIZING ELLIOTT WAVES AS A
PRIMARY TRADING METHOD TO DETERMINE PROBABLE MARKET TURNS .

ALL ARE WELCOME.........JUST TRY TO POST A CHART WITH YOUR CALL !

Do you have charts with wave counts. I would be interested to see how this is done.

hi , i jusrt wantes to say
that it doesnt matter what the wave count is .
Yopu are either in a
Bulish Senario or a Bearish Senario

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Elliott Waves is like any other form of Technical Analysis ,

IT IS NOT CAST IN STONE There are only Probabilities !

It's about your Averages ................

You cant be right on every call .

Heres , What the Euro is tracing out theses days ....

This chart is the most valuable of all going forward

Why ? ..............

Because it's showing Topping action and exaution in price around 3400.......( Bearish view of things )

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You don't need a fancy chart package or some News report to tell you this
- It's all right there in the charts .... It's always in the charts !

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See Here - there is topping action

Stay tuned !

i have never heard of anyone that says that elliot wave doesnt matter. while you are right that the need of knowledge of the style of market is valuable, but the wave could signify the emergance of a bullish or bearish. the wave count works on a daily and weekly scale. so by watching that we could learn when to expect moves.

2 charts

Eur /Usd
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Trading is about your Averages !


Why is this so difficult to accept ?.....

trading is also mpore importanatly
about your ability to Manage Risk and Protect your Assets

whenever you decide to take the call ......
this is first ! ......
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Again , the wave count doesn't matter .............

and besides there are too many wavecounts -
ewe all dont se the world the same way
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If you really understand this -
you would not be concerned with who has the right wave count !


You would be concerned with leverage and
not over-extending yourself on any trade set up
because , [COLOR=Navy] in the end it comes back to your averages over time .
[/color]
this is the same rule for all trading methods ...............

Please excuse all the typos

Im new here , just started today ...........

... the forum is not letting me
edit my posts for some reason
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something like this is happening ..........

it may not come to pass -

i am just sharing my views of the market
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here is another potential problem for the bulls

Multiple resistance at a 618 % Retracement Line

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when Nelson elliot was alive , he spoke very highly
of the work of Fibonacci the 16th century mathemetion!

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Nelson did not speak of oscillators
like Macd , Stochastics Movbing Averages , Bollinger Bands

you know the bunch !........

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So you dont need them to trade - Elliott Waves Method


leave those oscillators to the backtesters
and the system traders of the world !

Here's the chart ..............

See the chart above .....

Can the Euro pierce through 3210 ?

it certainly looks like some kind of ceiling ......

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Fibonacci retracements , How valuable are they ?
YOU BE THE JUDGE !

until there is a close above 3210 on the 1 hr bars .....
it apears that the Bears are in control .....

Whats even more intersting is that this happened
very quick friday just before the markets closed !

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here is the Us Dollar


this is what affects all the currencies -

look at this

Think there's a MASSIVE DOUBLE BOTTOM FORMATION

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Well again , maybe im wrong - I am no guru ....
but I have seen all all the charts and theier tendencies


J....ust posting what i see here in this journal ...........
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Heres the Us Dollar ......


Usd/ Chf
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Here is a closer look at the Usd Chf .......

usd/chf
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The chart above is 4 hour bar chart .....

Now from looking at these charts ,
i really dont see anything bearish about the Usd Dollar ......

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Just my view of things ....

What's yours ? .... fell free to post

All are welcome !

keep it coming man! :