Elliott Wave Trading

take look at this...................................

fly......... away from you.....

The EUR/USD pair is set up quite interestingly right now in terms of wave progression. The crucial question is whether the move lower from 1.333 to 1.2580 can be counted in 5 waves or 3.
I think it can be counted in 5.

I've got more posted on my own blog - it's free (and infrequently visited). Feel free to check out my analysis there.

http://www.forexfactory.com/showpost...postcount=4831
just my view: a pattern, TL, & it looks like an expanded triangle.

euro usd- short term -top market? B irregular? or common?
http://vprofite.com/user_home.php

very interesting structures
http://vprofite.com/index.php?topic=8.15 see more..

EU UP UC Down...but GU down...still waiting Gu to swtich up again?

uc predict to fold 0.8929
EU 1.4756 (up)
GU short term up to1.5985 and predict to matured it wave at 1.7812

as UC fold and EU breaking it former high peak generally speaking GU will follow the patten.

update -long term

I've given up using waves for this EUR/USD.

I've calling it a cup and handle pattern.

comments?http://cdn.forexfactory.com/images/e...ttach_long.gif

update

How do you see the E/U price-action unfolding on the daily chart?

Are we still on Wave 4 or is this upwave already the start of a reversal?

Thanks for sharing, naatha.

Is it your opinion that the E/U pair has reversed to the upside?

There are those who think (me included) that it still has one leg left to go to complete the five-wave down-move from the Nov. 2009 high.

1. wave 3 in big 1/A, 2/B, 3/C
2. long wave c in irregular correction.

the wave can be up or down...why not give some favor.?

Whoops!

Hey dudes, could you do gold and S and P if that is possible. Muchas gracias

I would also be interested in Gold, what time frame are do you guys usually use? 1 hour charts, 4 hour?

it that ur believe ur count..then is correct