Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Help Me Establish The GbpUsd After Dinner Club 40 replies

Attachments: The Club!
Exit Attachments

The Club!

Back to the indices:

Did the US funds sold expensive US stocks and bought "cheap" medium size German stocks ?

Sixer
Attached Image(s) (click to enlarge)
Click to Enlarge Name: DJI(5)-13.4.17.gif Size: 28 KB
Click to Enlarge Name: FDAX(5)-13.4.17.gif Size: 28 KB
Click to Enlarge Name: MDAX(5)-13.4.17.gif Size: 24 KB
INFY,

in nov-2016 i made projection for USDx long-term path... is it possible according to EW ? ... what do you think ?
coz it seem USDx gave a hint in advance that major event might take place within 1-3 month this year

Quoting andexQ
{quote} USD right at monthly resistance.. USDx - monthly {image}
Quoting andexQ
INFY, in nov-2016 i made projection for USDx long-term path... is it possible according to EW ? ... what do you think ? coz it seem USDx gave a hint in advance that major event might take place within 1-3 month this year {quote}

Hi AndexQ,

from an EW point of view both path are possible.

In case of the USDX to decline as shown in your picture, we were now in a C-wave impulse up of a broader B-wave up (flat). All of that consolidation is part of a wave 4 action. So after finalisation of that B-wave up, we should see a movement to the south.

Also we can find various EW scenarios that would support the case that USDX will march north in order to build the wave 5

USDX is at 58% bulls, so can go either way.

The structure of the recent movement higher from the 92 low does not seem to be finished.


All in all I would go with the scenario, where the wave 4 is finished and we are now in a wave 5 up (your scenario with the arrow up).

The crux here is: it is hard to say, if the wave 5 has now build a 1-2 or if it has reached 1-2-3-now in 4

It all depends on how one reads the last major wave 4. When the wave 4 is an ABC, then we are most likely in 1-2-3-now 4

If the major 4 was a triangle, then we have a finished impulse up, which may subwave 1 of wave 5 (and are now in subwave 2 action). And the problem here is, that the major wave 1 and the major wave 5 are now nearly equal long.


So really hard to say what will happen next. Not the best place for the faint of heart.
Quoting Sixer
Back to the indices: Did the US funds sold expensive US stocks and bought "cheap" medium size German stocks ? Sixer {image} {image} {image}

interesting question......
The next main move of the EURUSD will be upwards - so, there will be huge currency profits for the US-$ investors.

Sixer
Ok, thanks frenz..
Indicates the CPCE chart again a low of the stock market ?

Sixer
Attached Image(s) (click to enlarge)
Click to Enlarge Name: S&P-13.4.17.gif Size: 20 KB
Click to Enlarge Name: $CPCE-13.4.17.gif Size: 82 KB
Quoting Sixer
The next main move of the EURUSD will be upwards - so, there will be huge currency profits for the US-$ investors. Sixer

that was a very good call
Quoting Sixer
Indicates the CPCE chart again a low of the stock market ? Sixer {image} {image}
i think SPX is bearish, might go to 2250/2275 it seem..
GOLD .. testing long-term resistance


Monthly
Attached Image (click to enlarge)
Click to Enlarge Name: `5.png Size: 20 KB

Daily
Attached Image (click to enlarge)
Click to Enlarge Name: `6.png Size: 22 KB
EURUSD (90 min) elliott intraday update from the Free EWI week.

Sixer

Edit:
For comparison the bigger picture (Delta Cycle count) with 60 min data too.
Attached Image (click to enlarge)
Click to Enlarge Name: D-EURUSD(60)-18.4.17.gif Size: 30 KB
Attached Image
https://www.c-span.org/video/?c46427...ions-elections

Senator Thom Tillis: 81 US interventions in elections Senator Thom Tillis: There have been 81 US interventions in other countries' elections, not counting coups and military interventions
Quoting Sixer
EURUSD (90 min) elliott intraday update from the Free EWI week. Sixer Edit: For comparison the bigger picture (Delta Cycle count) with 60 min data too. {image} {image}

Hi Sixer,

interesting is the leading diagonal wave red 1

Normally EWP expects the wave 2 to retrace very deep, when I remind correctly at least around 80%

In the past months I have observed some LD's, that retraced hardly below their wave 4 or the centre of the wave 4

So either the "guideline/rule" is based on too few observations, or we are dealing this time with rather an ABC-x-ABC etc variant than with a LD
Your observations are correct. This implies that the EWI count for the bigger picture is not correct.
See my proposal.

Sixer
Attached Image (click to enlarge)
Click to Enlarge Name: EW-EURUSD(W)-18.4.17.gif Size: 28 KB
Quoting infinitus
{quote} Hi Sixer, interesting is the leading diagonal wave red 1 Normally EWP expects the wave 2 to retrace very deep, when I remind correctly at least around 80% In the past months I have observed some LD's, that retraced hardly below their wave 4 or the centre of the wave 4 So either the "guideline/rule" is based on too few observations, or we are dealing this time with rather an ABC-x-ABC etc variant than with a LD

just found the guideline for the wave 2 after a Leading diagonal: "typically followed by a zigzag retracement of 78,6% (see attached picture)

OK, the supposed to be wave 2 looks like a zigzag, but the retracement was only around 52%


Some of the EWP guidelines one has to take with great caution, because the stated numbers may partly only reflect very limited observations.

From now on I will collect data from leading diagonals every time I see one. Would be nice when some of you can point me to Leading diagonals when you also see them......
Attached Image (click to enlarge)
Click to Enlarge Name: 2017-04-20 00_54_22-Elliott Wave Principle – Opera.jpg Size: 231 KB
U/J ... in the MID of last LL/HH.

Attached Image (click to enlarge)
Click to Enlarge Name: Captura de ecra de 2017-04-22 17:19:19.png Size: 126 KB
E/U ... stll hold double bottom..1.049x.
Also near mid..

Attached Image (click to enlarge)
Click to Enlarge Name: Captura de ecra de 2017-04-22 17:34:09.png Size: 123 KB
Quoting infinitus
{quote} just found the guideline for the wave 2 after a Leading diagonal: "typically followed by a zigzag retracement of 78,6% (see attached picture) OK, the supposed to be wave 2 looks like a zigzag, but the retracement was only around 52% Some of the EWP guidelines one has to take with great caution, because the stated numbers may partly only reflect very limited observations. From now on I will collect data from leading diagonals every time I see one. Would be nice when some of you can point me to Leading diagonals when you also see them.........
Can you tell the book´s name, please.
Best regards
Bob Prechter Warns Market Correction "Larger Than The Malaise Of The '30s" Looms
http://www.zerohedge.com/sites/defau...23_elliott.jpg
"Because people do not perceive their moods, tops and bottoms in markets sneak right past them. At the top, people will love the market, and events and conditions will provide them with ample bases for rationalizing being heavily invested... the degree of the corrective wave will be larger than that which created the malaise of the 1930s and 1940s."
Quoting jjibl
{quote} Can you tell the books name, please. Best regards

That is the bible of every Elliottican:

Elliott Wave Principle (Frost Prechter, Elliott)

You can read the online version of it for free, when you go to elliottwave.com. There you register for free for their "Club EWI". It will you cost nothing. Then you have access.
1 trader viewing now