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Elliott Wave Trading

  • #2,621
  • Jul 3, 2009 12:54pm Jul 3, 2009 12:54pm
It's just a wish
I'm not sure, please tell me if I've broken any or many Elliot counting rules.
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  • #2,622
  • Jul 3, 2009 4:05pm Jul 3, 2009 4:05pm
NZDJPY Daily Nice Setup for short .
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  • #2,623
  • Jul 3, 2009 8:08pm Jul 3, 2009 8:08pm
Counting those GBP/USD waves has started to give me a headache, LOL.

I'm also convinced, though, that the downward move has resumed -- and that we're now seeing Wave 2 of that final leg.
Amor Fati--F. Nietzsche
  • #2,624
  • Jul 3, 2009 8:18pm Jul 3, 2009 8:18pm
hi doji.
  • #2,625
  • Jul 3, 2009 8:53pm Jul 3, 2009 8:53pm
  • #2,626
  • Jul 4, 2009 1:09am Jul 4, 2009 1:09am
GBPUSD
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  • #2,627
  • Jul 4, 2009 1:49am Jul 4, 2009 1:49am
So, you mean first it goes a little short & then goes for the last rally?
  • #2,628
  • Jul 5, 2009 9:03am Jul 5, 2009 9:03am
Hope everyone has a nice weekend

I just re-counted the USD.CAD daily chart. If my counts are correct so far, the next price move should be down to form corrective wave-4 or the down trend wave-1 from here.

See what you think.
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  • #2,629
  • Jul 5, 2009 9:24am Jul 5, 2009 9:24am
I also add another possibility; the last [a b c] or [1 2 3] can be [a] itself,
Nevertheless in overall, the next price move should be downward.
  • #2,630
  • Jul 5, 2009 9:49am Jul 5, 2009 9:49am
Quoting Phi
So, you mean first it goes a little short & then goes for the last rally?

skewed triangle [a][b][c][d][e] , short max. of Close level of wave [c](there STOP LOSS)
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  • #2,631
  • Jul 5, 2009 10:07am Jul 5, 2009 10:07am
Quoting ridingwaves2
Hope everyone has a nice weekend

I just re-counted the USD.CAD daily chart. If my counts are correct so far, the next price move should be down to form corrective wave-4 or the down trend wave-1 from here.

See what you think.
you count is wrong the next wave is 4 to 5 down not 3 to 4.
  • #2,632
  • Jul 5, 2009 10:09am Jul 5, 2009 10:09am
Quoting biTrader :)
skewed triangle [a][b][c][d][e] , short max. of Close level of wave [c](there STOP LOSS)
Is that a [yes]?
  • #2,633
  • Jul 5, 2009 11:21am Jul 5, 2009 11:21am
Hi Phi and tazzam,

It seems your counts are better than mine. Tazzam’s count looks more reasonable to me at this point. Thanks for the replies, I learned.
  • #2,634
  • Jul 5, 2009 2:28pm Jul 5, 2009 2:28pm
My further thought:

If USDCAD moves as tazzam's count from wave-4 down on wave-5, wave-3 low could be the target of wave-5, and then price rebounds from the double bottom there.

If USDCAD moves down on wave-5, it means the weakness in USD. EURUSD and some other currencies against USD could be in up move in the same period as well.

Let's see how the market pans out
  • #2,635
  • Jul 5, 2009 2:57pm Jul 5, 2009 2:57pm
Hello all
Can someone post chart for wave count for u/cad?
  • #2,636
  • Jul 5, 2009 3:32pm Jul 5, 2009 3:32pm
Quoting ridingwaves2
My further thought:

If USDCAD moves as tazzam's count from wave-4 down on wave-5, wave-3 low could be the target of wave-5, and then price rebounds from the double bottom there.

If USDCAD moves down on wave-5, it means the weakness in USD. EURUSD and some other currencies against USD could be in up move in the same period as well.

Let's see how the market pans out
After all we discussed you just want to watch?
  • #2,637
  • Jul 5, 2009 4:03pm Jul 5, 2009 4:03pm
Quoting egkid
Hello all
Can someone post chart for wave count for u/cad?
Hey egkid,

This is the count(s) I am following. The yellow count is my alt count, where we have completed a zigzag and are heading up in a second zigzag.
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  • #2,638
  • Edited 4:47pm Jul 5, 2009 4:09pm | Edited 4:47pm
Here it's my chart and correct me if i'm wrong this is end wave 4 on daily chart
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  • #2,639
  • Jul 5, 2009 4:56pm Jul 5, 2009 4:56pm
Quoting Phi
After all we discussed you just want to watch?
My position is too small to move the market in my favor, I am helplessly watching only
  • #2,640
  • Jul 5, 2009 7:06pm Jul 5, 2009 7:06pm
Quoting ridingwaves2
My further thought:

If USDCAD moves as tazzam's count from wave-4 down on wave-5, wave-3 low could be the target of wave-5, and then price rebounds from the double bottom there.

If USDCAD moves down on wave-5, it means the weakness in USD. EURUSD and some other currencies against USD could be in up move in the same period as well.

Let's see how the market pans out

This Is Advanced get software Count not mine , I am just waiting for confirmation for short entry
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