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  • #5,441
  • Nov 1, 2011 2:16pm Nov 1, 2011 2:16pm
EURUSD, H4, 2011 November 01
EURUSD, M5, 2011 November 01

...and
Long at M5 & H4 (2/10) at 1.3705
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD, H4, 2011 November 01.jpg Size: 114 KB
Click to Enlarge Name: EURUSD, M5, 2011 November 01.jpg Size: 98 KB
  • #5,442
  • Nov 1, 2011 3:11pm Nov 1, 2011 3:11pm
Guys..what is this aftermarket trading?

Relax, tomorrow can happen unexpected..lets see Asia again.
  • #5,443
  • Nov 1, 2011 5:27pm Nov 1, 2011 5:27pm
Markus,
this is how EW count the latest drop.

Seb
Attached Image
  • #5,444
  • Nov 1, 2011 6:09pm Nov 1, 2011 6:09pm
Quoting mercy seat
Ok ...

Time for Phone atm ...

Ohne Worte ...

2011-10-31_23h00 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-44

Preliminary ...




;-|
TABLE survey EUR/USD :

Same again ...

Telephone ...

Ohne Worte momentan ...

2011-11-01_23h00 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-44




;-|
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-11-01_23h00 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-44.PNG Size: 117 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #5,445
  • Nov 1, 2011 6:23pm Nov 1, 2011 6:23pm
Quoting mercy seat
TABLE survey EUR/USD :

Same again ...

Telephone ...

Ohne Worte momentan ...

2011-11-01_23h00 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-44




;-|
Phone calls done ...

May move towards 1.3580 ... specially while capped below 1.3725 (DPP) zone at first ...

Elliott points down towards 1.3575 ... and also even with projection to 1.3522 again ...

Only if no cuts lower ... then a turnaround might be possible ...




;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #5,446
  • Nov 1, 2011 6:45pm Nov 1, 2011 6:45pm
hello fellow friends plan for tommorow ,watching closely 1.3792

Cheers
aligater
born to speculate
  • #5,447
  • Nov 1, 2011 10:00pm Nov 1, 2011 10:00pm
Quoting egkid
I'm dying to know am i right or wrong

sorry interupt here.. first post i think.. my pleasure.. here miza..


i found you finally Egkid.. Where r u? no post at Vincy's thread?
i just miss u my old good friend

how r u there

anyway this is my new count.. very special ok give it here

full story here http://www.forexfactory.com/showthre...16#post5093416
Attached Image
  • #5,448
  • Nov 1, 2011 11:41pm Nov 1, 2011 11:41pm
Quoting Flynchenberg
Markus,
this is how EW count the latest drop.

Seb


Hi Seb,

sorry for answering so late. Had to sleep, feel very ill :-(


Thank you for sharing that count :-)

Well, on various TF's it looks OK

The area, where EURUSD turned north today is a fairly strong resistance area, fib wise as well as pure supply/demand wise. Not easy to crack. We need good momentum to push through.

But:

from a momentum analysis point of view this count is more low probability.

Why? Because when we use Awesome oscillator (AO) and judge the whole movement down on a 30 min chart, which produces 132 candles, we can see Awesome Oscillator not moving back/above zero line.

But that would be typical for a wave 4. Over 90% of the time a wave 4's AO moves back to the zero line before dropping again for a wave 5 (all for a downmove, upmove vice versa).

If we watch now the developments since yesterdays bottom we see AO oscillating around zero line. That would be a typical wave 4


Looking at your count I have the following observation:

Black wave 1 followed by green subwave 1 (of black wave 3):

Here your momentum analysis shows more pressure in the subwave 1 than in the wave 1 of one higher degree.

Elliott, Frost, Prechter do not work so much with momentum, for them it might be OK.

My thinking here is influenced by the work of Neely, who states for example, that a wave of higher degree can not be smaller as a wave of lesser degree.

Same should apply to momentum in my view. But that is my view.


Here is what I deem to be most probable:
Attached Image (click to enlarge)
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  • #5,449
  • Nov 2, 2011 1:28am Nov 2, 2011 1:28am
Quoting infinitus
Hi Seb,

sorry for answering so late. Had to sleep, feel very ill :-(


:
Hi Markus,
Hope You feel better today.
I just woke up, coffe time.
Thx for elaboration, I did not read Nelly as much as Elliott & Prechter but I'm quite aware about his neo-weve idea.
Looking at things we might see wave 4 to be complex and full of whipsaws due to wave 2 was simple correction. Then wave 5 down to complete the move and I guess it might happen after G20 meeting.
Looks like the best part of the move was done for now and I'm looking for a level to reload shorts for final wave down before big wave 3 correction.

Breakfast & coffe time.



Seb
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  • #5,450
  • Nov 2, 2011 2:20am Nov 2, 2011 2:20am
Quoting mercy seat
TABLE survey EUR/USD :

Same again ...

Telephone ...

Ohne Worte momentan ...

2011-11-01_23h00 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-44




;-|
EUR/USD looks set for limited corrective gains ... levels of relevance are shown in TABLE survey ...

Quoting mercy seat
Phone calls done ...

May move towards 1.3580 ... specially while capped below 1.3725 (DPP) zone at first ...

Elliott points down towards 1.3575 ... and also even with projection to 1.3522 again ...

Only if no cuts lower ... then a turnaround might be possible ...




;-|
Asian Views:

-- Dollar stumbles before FOMC outcome later
-- Fed expected to lower its growth forecasts
-- Euro not off the hook, as Greek referendum set to go ahead

2011-11-01_23h45 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-44




Faites vos jeux!




;-|
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2011-11-02 _ (07h49 CET) EUR-USD _ 030min _ 000 barchart 240-500-40.GIF Size: 79 KB
Click to Enlarge Name: 2011-11-01_23h45 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-44.PNG Size: 115 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #5,451
  • Nov 2, 2011 2:29am Nov 2, 2011 2:29am
Hello guys, we have some strong hitting news today, including ADP so take care of trades and MM.

Here are EU levels:

3730 initial stop median point
3763> above is bullish continuation 3770>3781>3798>3815>3826
3697>below is bearish continuation 3691>3680>3663>3646>3635
  • #5,452
  • Edited 3:01am Nov 2, 2011 2:51am | Edited 3:01am
Hi guys,
What do I expect is one more wave down to complete this count. This wave will develop after we finish wave 4 that we are now.

Wave 4 that we are now should be time consuming, not space consuming due to previous wave 2 being simple ABC correction. This might last until the FED meeting later today and then we might have wave 5 down develop. This wave 5 should be impulsive five waves move down, no extensions because we have had them on wave 3. The end of wave 5 would be a little truncation, this means end of my black wave 5 down, violet wave 5 down and big blue wave 3.

The max retracement of wave 4 to keep this wave count valid is up to 62%Fib @1.3820. There is resistance level @ 1.3800 (thick violet line) as well and MM 2/8ths level @ 1.3794 with extension to 1.3824. If we break thru this levels, my expectations of wave 5 down are gone and then you can refer to Infinitius chart posted this morning that indicates big wave 3 is done. This means we can retrace wave 3 up to 1.3889 (50%) or 1.3955 (62%).

Nevertheless, if we have a wave 5 down , the potential levels are 1.3571- 1.3550.

Hope it helps,
Seb
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  • #5,453
  • Nov 2, 2011 2:54am Nov 2, 2011 2:54am
Quoting smilemiz
sorry interupt here.. first post i think.. my pleasure.. here miza..


i found you finally Egkid.. Where r u? no post at Vincy's thread?
i just miss u my old good friend

how r u there

anyway this is my new count.. very special ok give it here

full story here http://www.forexfactory.com/showthre...16#post5093416
Welcome Smilemiz,

Feel free to post and browse the thread !

T
  • #5,454
  • Edited 3:23am Nov 2, 2011 3:10am | Edited 3:23am
Quoting T@rantula
Hello guys, we have some strong hitting news today, including ADP so take care of trades and MM.

Here are EU levels:

3730 initial stop median point
3763> above is bullish continuation 3770>3781>3798>3815>3826
3697>below is bearish continuation 3691>3680>3663>3646>3635
If stops are close to 3780 we will be seeing more upside momentum, if not we could retrace from there.
  • #5,455
  • Nov 2, 2011 3:21am Nov 2, 2011 3:21am
Quoting T@rantula
If stops are close to 3880 we will be seeing more upside momentum, if not we could retrace from there.
Typo?


;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #5,456
  • Nov 2, 2011 3:22am Nov 2, 2011 3:22am
Quoting mercy seat
Typo?


;-|
Aw yes...again....corrected. Thanx.
  • #5,457
  • Nov 2, 2011 3:25am Nov 2, 2011 3:25am
I covered longs from 1.3721 with a reversal order at 1.37844 ...

+ 63.4 pippi cashed ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #5,458
  • Nov 2, 2011 3:26am Nov 2, 2011 3:26am
Hi all, rarely posting recently, work too demanding atm. Still, enough time to follow thread with great interest.

EU ichimoku:
M15 is in bullish Tk cross from 1.37010 and more importantly H1 has turned bullish at 371. Chikou span is to confirm bullish trend at current level.
Next Res at h1 kumo around 381.
  • #5,459
  • Nov 2, 2011 3:26am Nov 2, 2011 3:26am
Quoting T@rantula
If stops are close to 3880 we will be seeing more upside momentum, if not we could retrace from there.


here is my hourly chart and what i see presently is 123 low of buyers for any sellers to get back on this chart they need to form another 123 high which will take several hours..this is how i enter trade..
Attached Image (click to enlarge)
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MY OPINION NOT FINANCIAL ADVISE
  • #5,460
  • Nov 2, 2011 3:32am Nov 2, 2011 3:32am
Quoting mercy seat
Typo?


;-|
388 is upper kumoline on h1 and is therefor a valid resistance level. Although Kumo is thick indicating stronger resistance below.
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