The Club!

https://www.topdowncharts.com/single...om-to-Euroboom

have one for currencies indices but havn't checked what's behind it yet
https://www.mataf.net/en/forex/tools/currency-index

gotta go

this was in February and the PE to VIX Index is still climbing

will this end well?


http://www.valuewalk.com/2017/02/pe-...-stock-market/

https://www.topdowncharts.com/single...out-or-fakeout


interesting analysis regarding Gold

thanks for the link

I am not sure if such an Index will work, because the different currencies are not e.g. trade weighted or whatsoever.

But than again there is also a problem with DXY, because we have there 58% EUR in it, which makes it nearly a derivative of EURUSD

Here's The Real Reason The Fed Is Making Absurd Monetary Decisions


really good analysis regarding the Phillips Curve

Trump Saw A Disturbing Video, Then He Shut Down The CIA's Covert Syria Program

Stockman: The Tweet That Is Shaking The War Party


this is worth reading

Closed +5 ...1868 is not a good sign for shorts .
I'll wait

Is there any broker that support index data ?

currently i am using: https://www.mataf.net/en/forex/tools/currency-index

but as this is in a website some time data fridge. Also i can't save my analysis.

if anyone know any broker please let me know asap. that will be a great help.

Thanks in advance.

tradingview has them all afaik, EXY for Euro, BXY for British Pound, JXY for Japan Yen... but they're computed indices, not trade-weighted

93% bulls in EU

10% in DXY

found this, but have not tried it


https://www.earnforex.com/metatrader-indicators/USDX/

here we go

OK, found one:

http://www.fxpro.co.uk/trading/futures

http://www.fxpro.co.uk/trading/trade-currency/%23us$indx

and one more solution for your problem:

try this site, which has the same charting tool like tradingview

https://www.investing.com/quotes/us-...treaming-chart

You should inform your buddy "daneric" that wave (3) of the Wilshire Index - red - is still unfolding.

Sixer

more or less I have given up on counting the stock indices at the moment.

This ever extending crap (not the counts, the so called markets) makes me ill. Only when either the crap stops by the CB's stopping to pour out free money for the rich and the banks. or the system gets a nervous breakdown, the music will stop.

Take a look at the count:

It makes no sense to try to count every mikro wave on such a time scale. Look at the bigger picture, count the makro waves. Over the years I have seen so many shitty counts, were people deliver counts with super tiny major wave 2's and overproportional wave 4th. If you do that, you can come up with any count.

In this light Danerics count makes a lot of sense. BTW: I have seen his micro count for wave red 3 and it made perfect sense to me.

Looking at the chart from a makro-wave perspective I would tend to say that his view is more likely than your view, but that would not rule out that we also get an ever extending wave red 5 (that is simply the CB's keep throwing money around)


Last days I had a conversation regarding how Elliotticans were wrong with the 2000 peak and subsequently the 2007 peak.

Yes, nearly all were wrong as it seems. But as I keep on saying: Elliott Wave is not (and will never) be about right or wrong, it is a tool to judge probability.

At the 2000 top, which many Elliotticans nailed, probability was extremely high for down move. It did. At the low in 2002 the wave structure lead many to believe, that the price would impulse further down. The probability was for the lower side, but only for those who kept ignoring the sentiment data.

When price ran up, and further up, and more up, it got clear, that the move from the 2000 top was only corrective waves to the downside.
At the 2007 top, the count looked pretty impulsive so far, and the probability was for the upside, with people betting on way more upside, but completely ignoring the already extreme sentiment data. At that point only a few were betting that price would go lower than the 2002 low.

At the 2009 low, we had seen a perfect impulse to the downside, but people were so bearish that they took huge bets, that the wave 5 of it was not finished yet.
Again, ignoring completely the extreme bearish sentiment.

Elliotticans looked at the wave and decided, that the 2000-2009 move was a flat, the C-wave had a non-fib-extension value of C = 116% of A, and decided, it had to go lower.

Nope!

When price climbed up, and up, and up, they kept their bearish sentiment. Me too, because the 2000-2009 wave down was too short in time for such a desired supercycle wave. Probability was against it.

We all got burned several times until accepting, that we had underestimated what free (inflationary) mad man money will do to prices.

On the way up I have seen so much extreme sentiment levels, and some even lasting for weeks or months. And every time the psychology flipped to the inevitable other side, someone from the CB's stepped in and promised the honey pot.

And when it was not the CB's directly, it was the HFT's and/or the plunge protection Teams.

We do not know when the music will stop, but as it is with every party: the longer it lasts, full drunken and with maniac moves (whatever it takes - punch intended), the worse is the following hang over.

And now we are here, 2017, and the waves keep on extending, higher and higher and higher, without any really corrective moves, higher and higher. And people get more greedy by the minute, trying to figure out evry extension of extension of extension of wave 5, trying to ride the pig to heaven. Completely ignoring sentiment data, again.

Message is: do not get burned at the wrong places.


I know, Sixer, that you are looking at it through cycle-specialist eyes. So I think that you would like to see the waves getting more time for a major high.

So, please, tell me, what the date is.

By looking at Daneric chart as well as SP500 chart, I am not really convinced, that the red 2 is right. Maybe the first blue A is a wave 2, because the first wave B looks pretty much like an impulse, which has ended in the SP500 at 1344 and not at the 1371 top, leaving interpretation for a following wave 2 flat down to the 1075 low.

With this scenario you would get your needed extension/time.


Wish you all a nice weekend :-)

Hi Markus,how are u? It's long time no see u! I come back to Forex now!

Hi my friend, where have you been hiding? Already missed you :-)

All fine here - trading Forex, working, but constantly dreaming about the mountains. Unfortunately my schedule only allows me to go to the mountains in October