• Home
  • Forums
  • Trades
  • News
  • Calendar
  • Market
  • Brokers
  • Login
  • Join
  • 7:46am
Menu
  • Forums
  • Trades
  • News
  • Calendar
  • Market
  • Brokers
  • Login
  • Join
  • 7:46am
Sister Sites
  • Metals Mine
  • Energy EXCH
  • Crypto Craft

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Elliot Wave Trading 1,827 replies

GBPCHF Buying Wave (V) Elliot Wave 0 replies

USDCAD 900 pips / elliot wave - glenn neely 1 reply

Elliot Wave for Short/Medium Term Traders? 14 replies

Is this a correct Elliot wave evaluation? 10 replies

  • Trading Discussion
  • /
  • Reply to Thread
  • Subscribe
  • 4
Attachments: USDCAD daily elliot wave count
Exit Attachments
Tags: USDCAD daily elliot wave count
Cancel

USDCAD daily elliot wave count

  • Post #1
  • Quote
  • First Post: Dec 3, 2007 2:44pm Dec 3, 2007 2:44pm
  •  Barbapapa
  • | Joined Aug 2007 | Status: Member | 4 Posts
hello, i made an elliot wave count on daily usdcad, can you tell me what do you think about this count and if you agree or disagree with this. thank you guys. i want to explain that count by the fact that we have an extended wave 5 which has an extended wave 5, this indicate that we must have a retracement to the low at 0.9055.
Attached Image (click to enlarge)
Click to Enlarge

Name: usdcad.PNG
Size: 26 KB
  • Post #2
  • Quote
  • Dec 3, 2007 5:27pm Dec 3, 2007 5:27pm
  •  Barbapapa
  • | Joined Aug 2007 | Status: Member | 4 Posts
the advantage of this count is that the wave 1 and 3 are parallel, and this count justify a wave 5 in extension with a target near 0.8.

if you think different don't hesitate to tell me
Attached Image (click to enlarge)
Click to Enlarge

Name: usdcad2.PNG
Size: 25 KB
 
 
  • Post #3
  • Quote
  • Dec 4, 2007 11:48am Dec 4, 2007 11:48am
  •  DutchTrader
  • Joined Mar 2007 | Status: Fundamentally Technical | 4,446 Posts
The price bounced off the 1.0160 ish trendline so a retrace is happening now, possible towards the 1.050 area where the post decision rally started. With the crap forecast from BoC we could possible see 1.0400 by the end of the week with a properly bullish NFP
Patience + Humility + Study = Success
 
 
  • Post #4
  • Quote
  • Dec 5, 2007 5:35am Dec 5, 2007 5:35am
  •  Barbapapa
  • | Joined Aug 2007 | Status: Member | 4 Posts
the extended wave 5 tell me that we must go back to 0.9055 but i don't know when. so here a new possible elliot wave count.
Attached Image (click to enlarge)
Click to Enlarge

Name: usdcad3.PNG
Size: 25 KB
 
 
  • Post #5
  • Quote
  • Dec 6, 2007 4:19pm Dec 6, 2007 4:19pm
  •  rogcontact
  • | Joined Oct 2007 | Status: Member | 8 Posts
This I think is the big picture... Agreed?
Attached Image (click to enlarge)
Click to Enlarge

Name: ElliotWaveUSDCAD.JPG
Size: 53 KB
 
 
  • Post #6
  • Quote
  • Dec 10, 2007 6:10am Dec 10, 2007 6:10am
  •  Barbapapa
  • | Joined Aug 2007 | Status: Member | 4 Posts
NO
 
 
  • Post #7
  • Quote
  • Last Post: Dec 10, 2007 11:43am Dec 10, 2007 11:43am
  •  digimix
  • | Joined Nov 2006 | Status: Member | 39 Posts
I am still long on the USDCAD hoping for a rise to 1.0400
 
 
  • Trading Discussion
  • /
  • USDCAD daily elliot wave count
  • Reply to Thread
0 traders viewing now
Top of Page
  • Facebook
  • Twitter
About FF
  • Mission
  • Products
  • User Guide
  • Media Kit
  • Blog
  • Contact
FF Products
  • Forums
  • Trades
  • Calendar
  • News
  • Market
  • Brokers
  • Trade Explorer
FF Website
  • Homepage
  • Search
  • Members
  • Report a Bug
Follow FF
  • Facebook
  • Twitter

FF Sister Sites:

  • Metals Mine
  • Energy EXCH
  • Crypto Craft

Forex Factory® is a brand of Fair Economy, Inc.

Terms of Service / ©2023