Elliot wave, Harmonic And Ichimoku in CHINESE STYLE | Page 81 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Harmonic trading-harmonic patterns 527 replies

Elliot Wave and Fibo for the Newbies 41 replies

Elliot waves & Harmonic Patterns for MT4 4 replies

GBPCHF Buying Wave (V) Elliot Wave 0 replies

Yen Crosses & Elliot Wave Charts 15m and Up 8 replies

Attachments: Elliot wave, Harmonic And Ichimoku in CHINESE STYLE
Exit Attachments

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

  • #1,601
  • Edited 8:17am May 13, 2010 7:44am | Edited 8:17am
Since I'm talking to myself today...

down for next 16-23 hours on GU for this little wav3 of wav5

P.S. I'm telling myself wav4 will be tomorrow during London/US session after double bottom then this weekend gap down to open to 1.4380ish then up to 1.5389.
Attached Image (click to enlarge)
Click to Enlarge Name: gu_may13.4.gif Size: 26 KB
  • #1,602
  • May 13, 2010 7:49am May 13, 2010 7:49am
S/P reached new highs, but the overall picture still remains unchanged; its a deadly structure of the stocks market!!! Swissy is also trading nicely higher towards the 1.1200 region, but lower S/P should support $ Longs even more againts the majors, except Japanese yen!

http://chart.ly/assets/hyk5n7.gif
  • #1,603
  • May 13, 2010 8:29am May 13, 2010 8:29am
Quoting lancelot41
S/P reached new highs, but the overall picture still remains unchanged; its a deadly structure of the stocks market!!! Swissy is also trading nicely higher towards the 1.1200 region, but lower S/P should support $ Longs even more againts the majors, except Japanese yen!
Mkt needs to tank- last weeks downward was a nice test of things to come. At least the masses were calmed with the electronic trading BS story...

I watch the swissy as an indicator-- Some day I should probably trade it though-- It follows EW very nicely compared to some pairs. GU is not bad, but swissy is better...

Oshawa - FWIW -- I saw the same triangle forming on GU almost scared me outa my shorts... If I have time, later today I'll post a daily bearish for GU or at least lower than 2.06...lol....
  • #1,604
  • May 13, 2010 5:11pm May 13, 2010 5:11pm
scared out of my shorts....................Is what keeps happening to me......

I had lots of losses because the markets missed my exit by a little ......and by the time I was back it was the other way.......

Then I went back with the trend....so I was always the right way.............but I just couldn't believe I was right and the market played out exactly the way I thought......I had closer exits then usual scared of what happened to me so I made profits.......but not as much as if I would have been awake.....Now I'm on the sidelines.......
  • #1,605
  • May 13, 2010 7:52pm May 13, 2010 7:52pm
Quoting grandpost
scared out of my shorts....................Is what keeps happening to me......

I had lots of losses because the markets missed my exit by a little ......and by the time I was back it was the other way.......

Then I went back with the trend....so I was always the right way.............but I just couldn't believe I was right and the market played out exactly the way I thought......I had closer exits then usual scared of what happened to me so I made profits.......but not as much as if I would have been awake.....Now I'm on the sidelines.......
So many possibilities with corrective waves... On GU we should be in an impulsive wave (yet the entire move looks corrective to me)- still waiting for a decent retrace so I can update my count. Thus far only one decent retrace. but I'm not even sure if that would coun't as a wav2... Might be one real long wave 1!!! 349 pips
Sometimes I give up and wait - like yesterday on GU the start of a serious BULL setup and a 62% wav4 retrace.

So far just using the basic time models for waves have been good It's remembering to use and apply them...

Another thing I keep noticing... Thursday/Friday/Sunday trend days Tues/Wed corrective days.
  • #1,606
  • May 14, 2010 4:00am May 14, 2010 4:00am
Weekly Gold... with Divergence...

Not a top yet but getting there...
Attached Image (click to enlarge)
Click to Enlarge Name: gold_may14.1.gif Size: 19 KB
  • #1,607
  • May 14, 2010 11:16pm May 14, 2010 11:16pm
Hello Guys...



I am Just spurious Person now , coz very Less poster In my own room sorry my Bad . okay i am still on My trade. I think here every body just want to take Bunch of Dollars. I am very Angry from my self I can't get Big Million dollars in one deal reason is the MM , not allowing me to trade Belong to get This Money in one side. so I just making my self busy having own Proprietorship as well the Good Entrepreneur.
DRAGON-TECHNICAL ANALYSIS!
  • #1,608
  • May 15, 2010 5:57am May 15, 2010 5:57am
Quoting vincy balboa
Hello Guys...



I am Just spurious Person now , coz very Less poster In my own room sorry my Bad . okay i am still on My trade. I think here every body just want to take Bunch of Dollars. I am very Angry from my self I can't get Big Million dollars in one deal reason is the MM , not allowing me to trade Belong to get This Money in one side. so I just making my self busy having own Proprietorship as well the Good Entrepreneur.
What do you think of EURO now as of last Friday!!!!

Any short Term Charts??
Markets are not Random, they are designed!
  • #1,609
  • Edited 8:22am May 15, 2010 8:04am | Edited 8:22am
Looks like we are in a Wav3 down on monthly down to April or May 26, 2011.

On weekly we have passed the 261.8 for wav3 - next stop would be the 423.6 or 1.1225.

Since this is a corrective wav down-- finding the traditional EW 1,2,3,4,5 is gonna burn a lot of folks... But wav3's move quite fast...
Attached Image (click to enlarge)
Click to Enlarge Name: eu_may15.1.gif Size: 29 KB
  • #1,610
  • Edited 11:11pm May 15, 2010 6:12pm | Edited 11:11pm
Quoting Jefftrader
Looks like we are in a Wav3 down on monthly down to April or May 26, 2011.

On weekly we have passed the 261.8 for wav3 - next stop would be the 423.6 or 1.1225.

Since this is a corrective wav down-- finding the traditional EW 1,2,3,4,5 is gonna burn a lot of folks... But wav3's move quite fast...
Thanks JEFF..

I was looking for a Short term Count ,... IHr...4 hr..

I will post my long term Chart Later... similar set Up like Yours... But with a Little Twist....

Going Up resistence 128 - 130 - last one 140xx..IMO...61.8% of this whole move down.....Making a

Right Shoulder of this massive Head and Shoulder on weekly and Daily..Tf
Markets are not Random, they are designed!
  • #1,611
  • May 16, 2010 7:58pm May 16, 2010 7:58pm
Quoting Raza
Thanks JEFF..

I was looking for a Short term Count ,... IHr...4 hr..

I will post my long term Chart Later... similar set Up like Yours... But with a Little Twist....

Going Up resistence 128 - 130 - last one 140xx..IMO...61.8% of this whole move down.....Making a

Right Shoulder of this massive Head and Shoulder on weekly and Daily..Tf


Check out the UCHF Daily-- top between 1.1473 and 1.1625 this maybe a better of indicator of a retrace in EU/GU/AU.
Attached Image (click to enlarge)
Click to Enlarge Name: uc_may16.1.gif Size: 30 KB
  • #1,612
  • May 17, 2010 11:47am May 17, 2010 11:47am
will it work may be it s time to get some corrections
Attached Image (click to enlarge)
Click to Enlarge Name: euro.gif Size: 14 KB
  • #1,613
  • May 17, 2010 3:58pm May 17, 2010 3:58pm
Quoting nawafasad1
will it work may be it s time to get some corrections
I was long GU today- nice impulsive waves upwards on 5m 15m- but there is a strong possibility we are in wav4 corrections in UCHF and GU with one more movement down in GU and up in UC before major wav2 corrections. We have divergence on 4hr charts but not on 60m or 30m charts- wav5 should end with divergence on these tf's as well.

Timewise on GU we ended wav3 (pink) right on time (GU hourly)Neither UC or GU has hit its 38% retrace. We should be watching this area closely to determine if we are taking a final wav5 down or if it's complete and A B C corrections are underway...

GU chart is 1 hr-- UC is daily

Oil chart as well...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu_may17.1.gif Size: 29 KB
Click to Enlarge Name: uc_may17.1.gif Size: 31 KB
Click to Enlarge Name: oil may_17.1.gif Size: 33 KB
  • #1,614
  • May 17, 2010 6:47pm May 17, 2010 6:47pm
hi jeff well the long side was very good to me on eur/usd today . i looked at gbp/usd and it looks the same as eur in correction to form wave 4 that could be at 1.4720 area which is .38 of wave 3 or even higer but i ll be watching that area
Attached Image (click to enlarge)
Click to Enlarge Name: gbp.gif Size: 18 KB
  • #1,615
  • May 17, 2010 9:43pm May 17, 2010 9:43pm
Quoting nawafasad1
hi jeff well the long side was very good to me on eur/usd today . i looked at gbp/usd and it looks the same as eur in correction to form wave 4 that could be at 1.4720 area which is .38 of wave 3 or even higer but i ll be watching that area
If you look at GU on weekly it has a nice support line. A nice wav2 retrace would be great to reshort from 1.50ish
Attached Image (click to enlarge)
Click to Enlarge Name: gu_may17.2.gif Size: 24 KB
  • #1,616
  • May 18, 2010 11:27pm May 18, 2010 11:27pm
Quoting Raza
What do you think of EURO now as of last Friday!!!!

Any short Term Charts??
it is not about friday , any think can possible for now, range can be on 1.24 -1.21... the meaning would be , My long term count , w x y .. Y- epnd or elongated ?


any think can possible
DRAGON-TECHNICAL ANALYSIS!
  • #1,617
  • May 19, 2010 7:59pm May 19, 2010 7:59pm
what happened to you guy? You were coming up with some great charts. And now.... three other guys thankfully have stepped up and provided some great stuff.

How do you guys like the gold crash btw?
  • #1,618
  • May 19, 2010 10:23pm May 19, 2010 10:23pm
Quoting steroidman
what happened to you guy? You were coming up with some great charts. And now.... three other guys thankfully have stepped up and provided some great stuff.

How do you guys like the gold crash btw?


Currently I'm not holding any gold shorts -- The EY/GY shorts were too enticing the past few days... Now, I'm buying dips on GU til 1.5000 (or at least the next 72-96 hours) - not near charts right now.

I was looking at a Dow chart earlier- looks like we have started a wave 3 down for the next 9-10 trading days...

The dollar index also suggests dollar weakness for a few days (supporting corrective waves in both EU and GU)-

Place your buy limits for P&G at a penny now.
  • #1,619
  • May 19, 2010 11:23pm May 19, 2010 11:23pm
Quoting vincy balboa
it is not about friday , any think can possible for now, range can be on 1.24 -1.21... the meaning would be , My long term count , w x y .. Y- epnd or elongated ?


any think can possible
THE TRUE KING of ELLIOT WAVE Analysis



Im trying to figure out where to start my number sequence. If you could give me some advice. every time i just View Your chart and it were Perfect on market Movements, I have been trading For 4 years. and i am 57 year old.
  • #1,620
  • May 20, 2010 4:13am May 20, 2010 4:13am
Not sure about others---
But his is the technique I start with.
http://www.tradingfives.com/articles...oscillator.htm

Then try and locate a 1,2,3,4,5 - impulsive wave.

Having the correct number of bars(at least 110) to segment the waves is very important and counting the subwaves inside. waves A,C,1,5 typically end with some kind of divergence, waves B, 3 almost never.

I use MACD settings of 5/34/5 per BW chaos/opportunity theory.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu_may20 .gif Size: 20 KB
Click to Enlarge Name: gu_may20.1 .gif Size: 22 KB
3 traders viewing now