DRAGON-TECHNICAL ANALYSIS!
Elliot wave, Harmonic And Ichimoku in CHINESE STYLE
- #261
- Jan 5, 2010 10:57pm Jan 5, 2010 10:57pm
- Joined Aug 2009 | Status: THE GREAT LEGEND | 2,089 Posts
- #262
- Jan 6, 2010 12:14am Jan 6, 2010 12:14am
Hi Vincy,
Thanks for the good charts in reply!
Topping formations can be tricky as you have said (and Prechter in EWP p41) and I'm trying to narrow the options. From a macro economic perspective the key is whether Res Bk Aus is ahead of interest rate curve or getting behind it with hot property market. AUD could react strongly to mkt data in ST that indicates consumer strength or weakness (retail sales tomorrow is one) before RBA interest decision February so I'm tending to move towards your second option: DT then rally
Thanks for the good charts in reply!
Topping formations can be tricky as you have said (and Prechter in EWP p41) and I'm trying to narrow the options. From a macro economic perspective the key is whether Res Bk Aus is ahead of interest rate curve or getting behind it with hot property market. AUD could react strongly to mkt data in ST that indicates consumer strength or weakness (retail sales tomorrow is one) before RBA interest decision February so I'm tending to move towards your second option: DT then rally
Hey peetee ..
that is CT contracting Triangle
in Elliot wave 1 3 and 5 is Impulsive in Bull Market, and After 4th The Aus/Usd going Up as you can See what did I had shown in My elliot wave 5th wave UP Before 4th wave 0.8904 as well This is 5th wave extension you can see i ii iii iv v of 5.
And there are Market were side way i Just going With Rhythm Buying And selling as well when i have seen the Dollar Economy so I Bear about USD as well my Elliot wave count On DJA where Down But talking about AUS/USD i have a 4 explanation To you
CT...
- #263
- Jan 6, 2010 9:05pm Jan 6, 2010 9:05pm
- Joined Aug 2009 | Status: THE GREAT LEGEND | 2,089 Posts
DRAGON-TECHNICAL ANALYSIS!
- #264
- Jan 6, 2010 9:21pm Jan 6, 2010 9:21pm
- Joined Aug 2009 | Status: THE GREAT LEGEND | 2,089 Posts
DRAGON-TECHNICAL ANALYSIS!
- #265
- Jan 7, 2010 1:25am Jan 7, 2010 1:25am
- Joined Aug 2009 | Status: THE GREAT LEGEND | 2,089 Posts
DRAGON-TECHNICAL ANALYSIS!
- #266
- Jan 7, 2010 1:38am Jan 7, 2010 1:38am
- Joined Oct 2008 | Status: Just be the witness. | 1,089 Posts
Hi Vincy,
waht do you think of this range trading in eurusd between 1.4250 and 1.4450, first i wanted to go short further, but looking at 4H and 15min I am not so sure anymore......
Thanks for your posts.
waht do you think of this range trading in eurusd between 1.4250 and 1.4450, first i wanted to go short further, but looking at 4H and 15min I am not so sure anymore......
Thanks for your posts.
Be like water.
- #269
- Jan 7, 2010 9:45pm Jan 7, 2010 9:45pm
- Joined Aug 2009 | Status: THE GREAT LEGEND | 2,089 Posts
Hi Vincy,
waht do you think of this range trading in eurusd between 1.4250 and 1.4450, first i wanted to go short further, but looking at 4H and 15min I am not so sure anymore......
Thanks for your posts.
DRAGON-TECHNICAL ANALYSIS!
- #270
- Jan 7, 2010 9:59pm Jan 7, 2010 9:59pm
- Joined Aug 2009 | Status: THE GREAT LEGEND | 2,089 Posts
Need feedback from master elliotticians.
DRAGON-TECHNICAL ANALYSIS!
- #272
- Jan 7, 2010 10:33pm Jan 7, 2010 10:33pm
- Joined Oct 2008 | Status: Just be the witness. | 1,089 Posts
Thank you, I`m watching this morning....
Be like water.
- #273
- Jan 7, 2010 11:07pm Jan 7, 2010 11:07pm
- Joined Aug 2009 | Status: THE GREAT LEGEND | 2,089 Posts
DRAGON-TECHNICAL ANALYSIS!
- #274
- Jan 7, 2010 11:10pm Jan 7, 2010 11:10pm
- Joined Aug 2009 | Status: THE GREAT LEGEND | 2,089 Posts
Thank you, I`m watching this morning....
here is flat and if this gone up so all the trend will be bullish other wise now is bearish
god bless vincy
DRAGON-TECHNICAL ANALYSIS!
- #275
- Jan 8, 2010 12:49am Jan 8, 2010 12:49am
- Joined Oct 2008 | Status: Just be the witness. | 1,089 Posts
Thanks Vincy, I am already out with a nice 15 pips ( 2 Lots ) from early this morning ( Europe ).
Don`t have time all day to trade today, so I`ll watch and look later.
I`d like the usdjpy finally to go up, but this barrier seems to take A LOT of effort.
Thank you again, great to have your chart examples while I am still learning some of these more complex methods of looking at price.
Don`t have time all day to trade today, so I`ll watch and look later.
I`d like the usdjpy finally to go up, but this barrier seems to take A LOT of effort.
Thank you again, great to have your chart examples while I am still learning some of these more complex methods of looking at price.
Be like water.
- #276
- Jan 8, 2010 1:25am Jan 8, 2010 1:25am
- Joined Aug 2009 | Status: THE GREAT LEGEND | 2,089 Posts
Thanks Vincy, I am already out with a nice 15 pips ( 2 Lots ) from early this morning ( Europe ).
Don`t have time all day to trade today, so I`ll watch and look later.
I`d like the usdjpy finally to go up, but this barrier seems to take A LOT of effort.
Thank you again, great to have your chart examples while I am still learning some of these more complex methods of looking at price.
Basically you should wait at least 100 pips i bet you wuld have $2000 in your POCKET in 1 hour
and talking about UJ I will Hold Up too 250 pips DOWN but Just bewaring the level of two trend line support but i did short on 93.26
cheer
http://i45.tinypic.com/90rodx.jpg
DRAGON-TECHNICAL ANALYSIS!
- #278
- Jan 8, 2010 11:52am Jan 8, 2010 11:52am
- Joined Oct 2008 | Status: Just be the witness. | 1,089 Posts
Thanks, I re-entered on my other account, you are right when saying that i should wait for a better entry on UJ....
eurusd however is difficult for me to really analyze at the moment.
More on Monday, beginners luck for me today.
Thank you and all the best to the traders who post here.
eurusd however is difficult for me to really analyze at the moment.
More on Monday, beginners luck for me today.
Thank you and all the best to the traders who post here.
Be like water.
Hi Vincy
Good call on the subdividing 5 wave count up.
I think the strong rally has negated a couple of the options, maybe #3 expanding triangle still valid. I have a new count, suggesting that the corrective wave may be over and we are in Wave one of the larger fifth wave up. The impulsive nature and the neat exact touch of 0.382 of the wave up from 0.7674 suggests that this might be an option. What's your opinion on this?
Good call on the subdividing 5 wave count up.
I think the strong rally has negated a couple of the options, maybe #3 expanding triangle still valid. I have a new count, suggesting that the corrective wave may be over and we are in Wave one of the larger fifth wave up. The impulsive nature and the neat exact touch of 0.382 of the wave up from 0.7674 suggests that this might be an option. What's your opinion on this?
Hey peetee ..
that is CT contracting Triangle
in Elliot wave 1 3 and 5 is Impulsive in Bull Market, and After 4th The Aus/Usd going Up as you can See what did I had shown in My elliot wave 5th wave UP Before 4th wave 0.8904 as well This is 5th wave extension you can see i ii iii iv v of 5.
And there are Market were side way i Just going With Rhythm Buying And selling as well when i have seen the Dollar Economy so I Bear about USD as well my Elliot wave count On DJA where Down But talking about AUS/USD i have a 4 explanation To you
CT...
- #280
- Jan 8, 2010 8:11pm Jan 8, 2010 8:11pm
- Joined Aug 2009 | Status: THE GREAT LEGEND | 2,089 Posts
DRAGON-TECHNICAL ANALYSIS!