Elliot Wave Analysis | Page 13 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

EUR/USD Extensive Elliot Wave Analysis 1 reply

GBPCHF Buying Wave (V) Elliot Wave 0 replies

Elliot wave Analysis in stocks 106 replies

Elliot wave analysis - Multiple pairs 8 replies

Rao Journal: Elliot Wave Analysis 38 replies

Attachments: Elliot Wave Analysis
Exit Attachments

Elliot Wave Analysis

  • #241
  • Apr 3, 2018 11:03pm Apr 3, 2018 11:03pm
downmove to 5th wave after the correction.


Attached Image (click to enlarge)
Click to Enlarge Name: eu02.png Size: 24 KB
STING
  • #242
  • Apr 4, 2018 3:12am Apr 4, 2018 3:12am
Usd cad and oil are moving nicely to target...
STING
  • #243
  • Apr 4, 2018 3:14am Apr 4, 2018 3:14am
Check my charts on USDCAD and oil. Waiting for eurusd and audusd to turn down
STING
  • #244
  • Apr 4, 2018 5:54am Apr 4, 2018 5:54am
If eurusd goes down to 1.2210 which is 61.8 for the 5th wave, before adp non farm today, expect a temporary rise of this pair to 1.2345/ 2370 else it will go down to 1.2210 and then rise to 1.2345 where iam selling again. My humble opinion with ew.
STING
  • #245
  • Apr 4, 2018 5:55am Apr 4, 2018 5:55am
Will post a chart as soon as I get to my terminal.
STING
  • #246
  • Apr 4, 2018 6:39am Apr 4, 2018 6:39am
The actual outlook for the EURUSD of the ELWAVE platform.

Sixer
Attached Image (click to enlarge)
Click to Enlarge Name: EW-EURUSD(D)-3.4.18.gif Size: 34 KB
  • #247
  • Apr 4, 2018 7:09am Apr 4, 2018 7:09am
Quoting stringfx
Will post a chart as soon as I get to my terminal.
Hi,
Can you share very short term view on Gold and Oil too? I missed the move and looking for an entry.
Thanks
We can't control the sea, but we can learn how to surf the waves.
  • #248
  • Apr 4, 2018 7:41am Apr 4, 2018 7:41am
Quoting Sixer
The actual outlook for the EURUSD of the ELWAVE platform. Sixer {image}
That is definitely my alternate count. Didnt post it as it would be confusing for most. Thanks for the chart.
STING
  • #249
  • Apr 4, 2018 8:04am Apr 4, 2018 8:04am
Quoting aariapoor
{quote} Hi, Can you share very short term view on Gold and Oil too? I missed the move and looking for an entry. Thanks
oil short term is from post 203 and 213. kindly check that out.

gold is on post 222. no changes to that count so far.

very short term i am targeting 61.70 on oil
STING
  • #250
  • Apr 4, 2018 1:44pm Apr 4, 2018 1:44pm
Quoting stringfx
USD/CAD short term. in this pair, i believe we are on a 4th minor wave down.it should start it's 5th wave up very soon. The invalidation for this minor wave is 1.2755 as this will cross minor wave 1. the retracement has already done a 61.8 so i am hoping for a rally soon in this pair. else my count is wrong. {image}
Is your USDCAD count still valid?
  • #251
  • Apr 4, 2018 9:30pm Apr 4, 2018 9:30pm
Quoting grandaevus
{quote} Is your USDCAD count still valid?
direction is the same but a revised count. the retracement for an abc seems not over yet.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usdcad.png Size: 39 KB
Click to Enlarge Name: usdcad1.png Size: 39 KB
STING
  • #252
  • Apr 5, 2018 2:05am Apr 5, 2018 2:05am
Hi, StringFX

So are we in the 5th wave of big correction, but short term we expect up move? something like the green line?

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 128 KB


Something like this?

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 76 KB


If so, should I buy for the pull back or wait for a heavy short after breaking the top of these abc consolidation?

Attached Image
We can't control the sea, but we can learn how to surf the waves.
  • #253
  • Apr 5, 2018 3:45am Apr 5, 2018 3:45am
Quoting aariapoor
Hi, StringFX So are we in the 5th wave of big correction, but short term we expect up move? something like the green line? {image} Something like this? {image} If so, should I buy for the pull back or wait for a heavy short after breaking the top of these abc consolidation? {image}
Iam not going give you any trade advise buddy because its your money at stake. Here what I give is what I do with my account and my opinion is buy usdcad. Iam upto my brim on buying this pair. My last chart has an invalidation line for my buys. If it tumbles even a couple of pips below that line, iam out of this pair with a tremendous loss of 10 percent of my live account. My expectations on this pair is a wave 3 up. Not banking on cad weakness but usd strength. Trade safe.
STING
  • #254
  • Apr 5, 2018 3:58am Apr 5, 2018 3:58am
Quoting stringfx
{quote} Iam not going give you any trade advise buddy because its your money at stake. Here what I give is what I do with my account and my opinion is buy usdcad. Iam upto my brim on buying this pair. My last chart has an invalidation line for my buys. If it tumbles even a couple of pips below that line, iam out of this pair with a tremendous loss of 10 percent of my live account. My expectations on this pair is a wave 3 up. Not banking on cad weakness but usd strength. Trade safe.
Correct, and I agree with buy for now, if goes for 3rd wave, lucky me and I keep the buy

By the way, can you share your opinion on GBPUSD too? Is it making a flag for SELL?
We can't control the sea, but we can learn how to surf the waves.
  • #255
  • Apr 5, 2018 4:34am Apr 5, 2018 4:34am
Quoting aariapoor
{quote} Correct, and I agree with buy for now, if goes for 3rd wave, lucky me and I keep the buy By the way, can you share your opinion on GBPUSD too? Is it making a flag for SELL?
Iam not at home so cant post a chart. But yes it looks like a flag for more selling. Draw an equilateral channel and when it breaks below the channel on 1 hour, sell.
STING
  • #256
  • Apr 5, 2018 9:45am Apr 5, 2018 9:45am
eurusd

expecting a pause here. coz that's the 38.2 of the 5th wave. this stop is also a 61.8 of the major wave down. may continue down to 61.8

momentum is strong....
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu5.png Size: 37 KB
Click to Enlarge Name: eu6.png Size: 30 KB
STING
  • #257
  • Apr 5, 2018 9:57am Apr 5, 2018 9:57am
usdcad. very short term

Good upmove on usdcad and a downmove on oil.

usdcad fe100 is 1.2821 where you should take some profit and let the balance run. average daily range high for this pair is 1.2836.
Attached Image (click to enlarge)
Click to Enlarge Name: uc1.png Size: 27 KB
STING
  • #258
  • Apr 5, 2018 10:32am Apr 5, 2018 10:32am
usd index also might pause for a while and comedown for an a-b-c else it might continue to FE 100.
Attached Image (click to enlarge)
Click to Enlarge Name: dxy1.png Size: 27 KB
STING
  • #259
  • Apr 5, 2018 10:48am Apr 5, 2018 10:48am
Hey StringFx, good Job here. I have always applied Elliot Wave in some way and i love the principle. I will like you to apply your count on GU one HOUR chart. i will like to See if my Take Profit Position is good from your count. Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDkH1.png Size: 26 KB
i have tried to start trades with a trend, now i prefer to follow the trend
  • #260
  • Apr 5, 2018 10:56am Apr 5, 2018 10:56am
Quoting jereajali
Hey StringFx, good Job here. I have always applied Elliot Wave in some way and i love the principle. I will like you to apply your count on GU one HOUR chart. i will like to See if my Take Profit Position is good from your count. Thanks {image}

You are using fib retracement tool. This tool is usually used to find retracement targets. you should be using fib expansion tool. On a longer time frame of GU this is my chart.
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 35 KB
STING
2 traders viewing now