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  • #367,581
  • Jan 19, 2011 12:20am Jan 19, 2011 12:20am
if 3483 is broken, 3585 is the the next resistance monthly resistance 3587 daily resistance/ s/r 3580.
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  • #367,582
  • Jan 19, 2011 12:21am Jan 19, 2011 12:21am
Quoting Mr Hatch
we'll talk later.
Indeed, when EU will below 1.18
  • #367,583
  • Jan 19, 2011 12:27am Jan 19, 2011 12:27am
14 dec is not broken yet
  • #367,584
  • Jan 19, 2011 12:29am Jan 19, 2011 12:29am
Quoting Mr Hatch
we'll talk later.
Ok Mr Hatch
  • #367,585
  • Jan 19, 2011 12:29am Jan 19, 2011 12:29am
I dont know why the price is still growing? Is any racionally reason there?
  • #367,586
  • Jan 19, 2011 12:31am Jan 19, 2011 12:31am
Deutsche Bank's target within 3 months: 1.40
  • #367,587
  • Jan 19, 2011 12:35am Jan 19, 2011 12:35am
Quoting Mr Hatch
hi markus,

what's the pattern following the abc? are there many options?

much more important... is your mid-term view still valid?
Hi Mr. Hatch,

biggest chance is, that we will drop hard in a wave 3 down.

This count will be invalidated with a movement above 3786.

We are now in the C-leg of a very broad ABC movement which started at the end of November. Inside of this C-leg we might be in the last stages of a wave 5. Targets for this wave now are 3488, 3504 and 3519. Even 3550 may be in the cards.

But maybe this impulse up may extend further, but I doubt it, because Awesome Oscillator shows a nice picture of a wave 5 so far which is in the ending.

Right now we are at the 61.8 retracement of the wave red 1. I would like to stop it here, but it can run up to 3786.

Worst case for the bears is, that the whole decline from the top at 1.42 was only part of the broad upward correction since 1.18. This can not be ruled out at this point, and with each pip higher now chances get bigger, especially if 3550 is broken.

Core point of my mid term view is, that we are now in a primary wave 3 down of a cycle wave 3 (down). That being said: the Euro is doomed.

But there are counts out, that have merits, too. See this blogs view for an alternative count:

http://theelliottwavesufer.blogspot....erm-count.html

Maybe, if this count comes true, the actual wave up should reach the downsloping trendline at around 1.42

Due to the lack of deep historical data it is very difficult to decide, which of them will be the right one. But one can state, that most of the counts will lead us further down over the next months.

In the coming days I will update/rework the Long/mid term view section on my blog.

You have to google the address of my blog, since I am not allowed to mention the address in FF anymore :-(

But there are not many people out which are called infinitus and are working with Elliott Waves :-)
  • #367,588
  • Edited 1:35am Jan 19, 2011 12:37am | Edited 1:35am
Quoting PriceVolume
Give her a minute. Likely we will see low 3400's again before further advance....
yeah , waiting for it , 3420,3400 /3383 . after 3 H4 bull candle can have a doji to give time to decide .
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #367,589
  • Jan 19, 2011 12:40am Jan 19, 2011 12:40am
Quoting pkimnyc
hope your c wave count is right. if 1.35 goes then you might have to get ready to relabel the whole thing.
3786 is the line in the sand, but I will prepare myself mentaly to change it with movement above 3550 :-)
  • #367,590
  • Jan 19, 2011 12:40am Jan 19, 2011 12:40am
Quoting infinitus
Hi Mr. Hatch,

biggest chance is, that we will drop hard in a wave 3 down.

This count will be invalidated with a movement above 3786.

We are now in the C-leg of a very broad ABC movement which started at the end of November. Inside of this C-leg we might be in the last stages of a wave 5. Targets for this wave now are 3488, 3504 and 3519. Even 3550 may be in the cards.

But maybe this impulse up may extend further, but I doubt it, because Awesome Oscillator shows a nice picture of a wave 5 so far which is in the ending.

Right now we...
thank ou. when you explain it, i always get the impression to understand ew.
nice timing for american-chinese meeting
  • #367,591
  • Jan 19, 2011 12:41am Jan 19, 2011 12:41am
Quoting JuliusCeasar
Posted this during NY session

Longs at 1.3392 , 1.3365 and short USD/CHF at 9635 are in the money

Now i doubt it will even go to 33339

Another high today london/ny
Happened sooner than i thought

1.37 is in my cross hairs now.1.63 gu
Mind over matter..I don't mind and you don't matter.
  • #367,592
  • Jan 19, 2011 12:41am Jan 19, 2011 12:41am
#803
those who can, do. those who cant, talk about those who can
  • #367,593
  • Jan 19, 2011 12:44am Jan 19, 2011 12:44am
Quoting Mr Hatch
thank ou. when you explain it, i always get the impression to understand ew.
nice timing for american-chinese meeting
i did say usdx was in a mofu, right?
those who can, do. those who cant, talk about those who can
  • #367,594
  • Jan 19, 2011 12:46am Jan 19, 2011 12:46am
Quoting gatorinla
i did say usdx was in a mofu, right?
more than once.
  • #367,595
  • Jan 19, 2011 12:46am Jan 19, 2011 12:46am
Quoting buonvangvn
hello 1.3570


Quoting primzvicious
maybe 1.3575
Verily, in every difficulties there is relief
  • #367,596
  • Jan 19, 2011 12:49am Jan 19, 2011 12:49am
Quoting primzvicious
  • #367,597
  • Jan 19, 2011 12:51am Jan 19, 2011 12:51am
Quoting gatorinla
#803
Hi, good morning Gator,

thanks for pointing it out again :-)

Many pips to you,

Markus
  • #367,598
  • Jan 19, 2011 12:55am Jan 19, 2011 12:55am
Quoting infinitus
3786 is the line in the sand, but I will prepare myself mentaly to change it with movement above 3550 :-)
Abc count has a valid point, but if the following down move as wave 3 then it violates triangle scenario (abcde), imo.

Besides wave, 1.35 area has been tested 4 times already. If broken to top side. It will provide a hard floor, imho.
  • #367,599
  • Jan 19, 2011 1:07am Jan 19, 2011 1:07am
Quoting pkimnyc
Abc count has a valid point, but if the following down move as wave 3 then it violates triangle scenario (abcde), imo.

Besides wave, 1.35 area has been tested 4 times already. If broken to top side. It will provide a hard floor, imho.
In my counts there is no triangle, at least not yet. If there would be one, you would be partialy right: a triangle consists of ABC-moves (that is your point), but waves A and C are often impulses

The big picture triangle version was not mine but that one of Elliottwavesurfer.

zigzag (5-3-5)

flat (3-3-5)

triangle (subdivides in 5 waves - at least four waves subdivide into a zigzag or a zigzag-combination)

Combinations (comprise two or three corrective patterns separated by one or two corrective patterns
  • #367,600
  • Jan 19, 2011 1:15am Jan 19, 2011 1:15am
M5 seems to be finding it hard to breakout of bullflag?
@1.3477
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