Elliott Wave Trading

got something similar...

(eu-gu-ej-gj-eg)
u're twisting my mind.....o wonder which 1 will work?

what u think guys?

uc-gc-uj
what u think guys?
the dollar index breaking a 74.50 level..
whats ur opinion about gold , euro , or eurchf?

http://www.forexfactory.com/attachme...5&d=1306903913

2 questions.

You have labelled the upmove a wave 1. i have no issues with that. You however labelled the retracement an abc with the b higher than the top of wave 1. While this is possible in an expanded flat why do you think it will happen in this situation?

Secondly you have marked wave 2 as a shallow retracement but put your buy limit waaaay down where according to your chart will not be reached wave 2 can retrace 68% of wave 1 though and if it does you will be in from a good level.

DJIA falls...
what was good? dollar or gold? ... gold as safe haven.

DJIA vs usdx vs gold vs uc vs gu

DJIA vs Usdx vs gold vs UC vs Eu & GU

abc irregular pattern..
what do you think?

ulps ! eu

DIA vs GOLD vs Oil vs Us Bond Vs Usd dx Vs CHFdx Vs Jpy Dx
market clearly aversion..
high yield currency gbp looks great at its momentum downside further..usdx looks lag .... chf and jpy and Us bond become safe haven

gbp ( high yield ) and commodity falls...eur still on corrective , now gold follow us bond .... usdx still lag as chf and jpy more stronger..

2:30 pm : Stocks are slipping off their best levels of the afternoon as the major averages are seeing losses of as much as 1.0%. The Nasdaq leads the decline while the S&P (-0.7%) and Dow (-0.6%) slightly outperform.

http://finance.yahoo.com/marketupdate/overview?u

Hey John, lookin good!

A nice long term trade opening, long usdchf

4:15 pm : Stocks finished in the red again today after this morning's employment report came in below what were already low expectations. The S&P 500 finished -1.0%, just off its lows, while the Nasdaq Composite finished -1.5%.

Today's losses were sparked by the morning employment data, which showed that Nonfarm payrolls for May climbed by 54,000, which is less than the 169,000 additions that had been expected, while the unemployment rate ticked up to 9.1%. Although the data was still disappointing, it may have been somewhat priced in after Wednesday's weaker-than-expected ADP employment report, which was followed by a 2.3% selloff in the market. While today's employment data was weak, the ISM Non-manufacturing Survey of 54.6 surpassed the 53.3 Briefing.com consensus, in contrast to Wednesday's disappointing ISM Survey. Today's weakness adds to losses earlier in the week, and leaves the S&P 500 down 2.2% on the week, with disappointing economic data being the driving factor.

looking to buy us bond..gold...chf...jpy.....usddx(still in corrective) and looking to sell gbpusd..eurusd ( a long time waiting yark!)...

i,ll follow u...except im still waiting this happen..
DJIA falls further...gold move lower...usddx higher..

sometimes technically lookout looks pretty but intermarket analysis giving hints other instrument were better move...

just my opinion...

stock market too risky...money flows to usbond , gold , chf , jpy....

still waiting dollar become safe haven..

Join Ashraf's Tuesday Talk in London on Intermarket Dynamics

June 5, 2011 08:36 ET : IMT ARCHIVES
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UNLOCKING THE SECRETS OF CURRENCIES & INTERMARKET ANALYSIS

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- Using technical Analysis for Top-Down Intermarket Approach
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Gold - FOREX Correlations: Franc-Gold Correlation Hits Highs as Gold Regains Safe-haven Status

By David Liu, and DailyFX Research,