Sorry ... for you have had to wait so long ......
But I need some time for it ... and now it did cut lower ... so it is past already ...
According to my estimation from yesterday ... I have had 1.3911 as an ideal retracement from 1.4247 (opposite side of zigzag projection survey) ...
Now we are left with a little bit changed situation ...
- #5,282
- Oct 31, 2011 11:56am Oct 31, 2011 11:56am
- Joined Mar 2010 | Status: Trader | 42,434 Posts
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
- #5,285
- Oct 31, 2011 12:14pm Oct 31, 2011 12:14pm
- Joined Mar 2010 | Status: Trader | 42,434 Posts
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
- #5,286
- Edited 12:45pm Oct 31, 2011 12:22pm | Edited 12:45pm
- | Commercial User | Joined Feb 2011 | 2,208 Posts
Hi Seb,
I am on my smartphone again :-(, so no chart at the moment.
But it would look similiar to your chart.
A few remarks to your chart:
in your big wave 2: there may be the possibility, that there is a further wave 1 in it
wave B of your wave 4 triangle looks like an impulse. Check on various TF's
I think this impulse is the subwave 5 of your wave 3
Keep daily TF into consideration:
on daily we can count 1-2-3 so far. When we fulfill tomorrow or the day after a 1-2-3-4-5 impulse, our count on hourly, 4h, or 15min for example, must have...
My reasoning (violet waves):
1 - impuse 5 waves
2 - simple abc correction
3 - impulse with extended 5th wave
4 - complex correction due to wave 2 was simple correction
5 - simple impulse wave due to wave 3 was extended fifth
There is bullish divergence between waves 3 - 5 as well.
EDIT chart updated.
Seb
- #5,288
- Oct 31, 2011 12:59pm Oct 31, 2011 12:59pm
- Joined Mar 2010 | Status: Trader | 42,434 Posts
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
- #5,292
- Oct 31, 2011 1:12pm Oct 31, 2011 1:12pm
- Joined Jun 2010 | Status: zero | 20,603 Posts
Update mate
My reasoning (violet waves):
1 - impuse 5 waves
2 - simple abc correction
3 - impulse with extended 5th wave
4 - complex correction due to wave 2 was simple correction
5 - simple impulse wave due to wave 3 was extended fifth
There is bullish divergence between waves 3 - 5 as well.
EDIT chart updated.
Seb
WONDERFUL, Seb, wonderful :-)
I think you have very fast progressed in EW counting :-)
Maybe we should build a competing company to Prechters EWI
- #5,293
- Oct 31, 2011 1:16pm Oct 31, 2011 1:16pm
- Joined Apr 2008 | Status: Trader | 9,414 Posts
What a day!
L 1.3905
actual: 1.3920/1.3940...
...and now ...two steps forward in the direction of 1.45?
Be aware: Monthly could go down, weekly could go up and the daily could go down & H4 up again.
4h 50%-50%
Daily still bullish
C U Tomorrow
- #5,294
- Oct 31, 2011 1:26pm Oct 31, 2011 1:26pm
- Joined Nov 2009 | Status: Trader | 27,245 Posts
4h 50%-50%
Daily still bullish
C U Tomorrow
I think all here are clever enough to read my simple charts. It's only the CCI(14) Indicator at Top and Bottom Levels which tells here the direction. Not more! I hope you could follow this explanation now. I know everybody has his own opinion. So it makes no sense to turn others into ridicule.
C U Tomorrow again & hope with a little more respect, please.
FXcube
- #5,295
- Oct 31, 2011 1:30pm Oct 31, 2011 1:30pm
- | Commercial User | Joined Feb 2011 | 2,208 Posts
WONDERFUL, Seb, wonderful :-)
I think you have very fast progressed in EW counting :-)
Maybe we should build a competing company to Prechters EWI
Cheers mate, bur EW online forecasting business is quite stuffed right now, don't you think?
Seb
- #5,296
- Oct 31, 2011 1:38pm Oct 31, 2011 1:38pm
- Joined Jun 2010 | Status: zero | 20,603 Posts
Cheers mate, bur EW online forecasting business is quite stuffed right now, don't you think?
Seb
I think not:
there is EWI as the far far biggest block,
there is Neely with OEW
there is Lara at www.elliottwaveforex.com (tiny company)
and a few very good blogs.
And there are far more people out who think they can count but do not deliver constantly good stuff........
How do you see it? :-)
- #5,297
- Oct 31, 2011 1:46pm Oct 31, 2011 1:46pm
- Joined Mar 2010 | Status: Trader | 42,434 Posts
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
- #5,299
- Oct 31, 2011 2:26pm Oct 31, 2011 2:26pm
- Joined Jun 2010 | Status: zero | 20,603 Posts
4h 50%-50%
Daily still bullish
C U Tomorrow
bullish with a, by now, fully engulfed last >300pip upside candle?
- #5,300
- Oct 31, 2011 2:26pm Oct 31, 2011 2:26pm
- | Commercial User | Joined Feb 2011 | 2,208 Posts
Hi Seb,
I think not:
there is EWI as the far far biggest block,
there is Neely with OEW
there is Lara at www.elliottwaveforex.com (tiny company)
and a few very good blogs.
And there are far more people out who think they can count but do not deliver constantly good stuff........
How do you see it? :-)
Seb