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Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

  • #6,601
  • Feb 2, 2012 8:45am Feb 2, 2012 8:45am
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  • #6,602
  • Feb 2, 2012 5:13pm Feb 2, 2012 5:13pm
the symmetrical formation continue to unfold. wave (h) should retrace at least 61% of the (f)-wave. the triangle in (h) is very likely, so wave (i) may start well above 1.3076. if it is the case, wave D may end above 1.33.
In a second scenario shown in blue (kudos to knightpips!), after wave x we're looking at the flat with a bowtie-diametric in wave b. we're in a leg g of the diametric right now. wave g should not break 1.3012 level. If price goes below 1.3020 and turning around above 1.3012 then the it's gotta be the wave g of a diametric. this automatically raises the targets for D. Both counts are not ideal, both of them are flawed to the certain extent. BUT, the preferred count remains the first one with symmetrical formation. . Good luck to everyone trading the NFP day!
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Lehman Sisters Wouldn't Have Failed
  • #6,603
  • Feb 2, 2012 7:36pm Feb 2, 2012 7:36pm
Quoting Blythe
the symmetrical formation continue to unfold. wave (h) should retrace at least 61% of the (f)-wave. the triangle in (h) is very likely, so wave (i) may start well above 1.3076. if it is the case, wave D may end above 1.33.
In a second scenario shown in blue (kudos to knightpips!), after wave x we're looking at the flat with a bowtie-diametric in wave b. we're in a leg g of the diametric right now. wave g should not break 1.3012 level. If price goes below 1.3020 and turning around above 1.3012 then the it's gotta be the wave g of a diametric....
Hi
Most of my friends know i use only basic of EW But my system agree with your view.
Only one thing not agree about if PA reach 1.33 i see it will go some more up not drop to 1.29 as u explain.
I like ur count and ur view ,Looks to me Talent trader
GL
  • #6,604
  • Feb 2, 2012 8:15pm Feb 2, 2012 8:15pm
My View ........maybe i'm wrong, maybe i'm not. But i stick to my plan as long as the PA didn't break 3230.
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  • #6,605
  • Feb 2, 2012 8:20pm Feb 2, 2012 8:20pm
Quoting Sayap111
My View ........maybe i'm wrong, maybe i'm not. But i stick to my plan as long as the PA didn't break 3230.
i may trade after break / retest of either white line.
i am bearisch atm, but i am flat.
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  • #6,606
  • Edited 1:12am Feb 3, 2012 12:48am | Edited 1:12am
looking for zz
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  • #6,607
  • Feb 3, 2012 3:58am Feb 3, 2012 3:58am
Quoting egkid
Hi
Most of my friends know i use only basic of EW But my system agree with your view.
Only one thing not agree about if PA reach 1.33 i see it will go some more up not drop to 1.29 as u explain.
I like ur count and ur view ,Looks to me Talent trader
GL
Thanks, egkid!
looks like second count is pretty much off the table. wave (h) is shaping up to a contracting triangle (wave e is on the way), the burst to the upside is projected to be between 70 and 170 pips and will take 24 hours give or take. Indeed, 1.33 is an important level, according to the second count, price may reach 1.35-1.36. If first count is taking place then symmetric should end slightly below 1.33
Lehman Sisters Wouldn't Have Failed
  • #6,608
  • Feb 3, 2012 8:58am Feb 3, 2012 8:58am
Quoting Blythe
the symmetrical formation continue to unfold. wave (h) should retrace at least 61% of the (f)-wave. the triangle in (h) is very likely, so wave (i) may start well above 1.3076. if it is the case, wave D may end above 1.33.
In a second scenario shown in blue (kudos to knightpips!), after wave x we're looking at the flat with a bowtie-diametric in wave b. we're in a leg g of the diametric right now. wave g should not break 1.3012 level. If price goes below 1.3020 and turning around above 1.3012 then the it's gotta be the wave g of a diametric....
Is this Elliott? I don't think so! Correct me if I am wrong!
  • #6,609
  • Feb 3, 2012 10:22am Feb 3, 2012 10:22am
Quoting freelancer
Is this Elliott? I don't think so! Correct me if I am wrong!
you're right, it's not classical Elliot Wave. It's neowave
Lehman Sisters Wouldn't Have Failed
  • #6,610
  • Feb 3, 2012 11:50am Feb 3, 2012 11:50am
Quoting Blythe
Thanks, egkid!
looks like second count is pretty much off the table. wave (h) is shaping up to a contracting triangle (wave e is on the way), the burst to the upside is projected to be between 70 and 170 pips and will take 24 hours give or take. Indeed, 1.33 is an important level, according to the second count, price may reach 1.35-1.36. If first count is taking place then symmetric should end slightly below 1.33
As i said u r talent and PA going UP as u posted if my Sunday candle close above 3120 will long again.
I long@3080 but closed because weekend and not free to follow.
wish u nice weekend and keep the excellent work.
Egkid
  • #6,611
  • Feb 3, 2012 1:27pm Feb 3, 2012 1:27pm
Quoting freelancer
How about this scenario:
no
  • #6,612
  • Feb 3, 2012 1:29pm Feb 3, 2012 1:29pm
Quoting Sayap111
My View ........maybe i'm wrong, maybe i'm not. But i stick to my plan as long as the PA didn't break 3230.
no
  • #6,613
  • Feb 3, 2012 1:30pm Feb 3, 2012 1:30pm
Quoting emirler
http://www.forexfactory.com/images/attach/png.gif
no.sorry
  • #6,614
  • Feb 3, 2012 1:44pm Feb 3, 2012 1:44pm
Quoting smilemiz
Aussie/$
against from others major

Watch point:
1.0622 level = invalid count
SL : engulfed at the Territory of w1
Closed early (+70pips) and not use this count anymore (leg of 5wave is for sure) cause
not satisfied the result..

but it is for sure to just a little bit against from the others major



and My $/Cad is more perfect!
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  • #6,615
  • Feb 3, 2012 1:53pm Feb 3, 2012 1:53pm
Quoting egkid
As i said u r talent and PA going UP as u posted if my Sunday candle close above 3120 will long again.
I long@3080 but closed because weekend and not free to follow.
wish u nice weekend and keep the excellent work.
Egkid
hi egkid...my friend

how about you? everything is ok.. i mean "the black out" on the last day?
i hope u are okay


ps i dont wanna call uncle T anymore.. or use "uncle" .. cause recently he calls me "Auntie" ... then, call both of u. just by name is ok


bye
  • #6,616
  • Edited Feb 4, 2012 12:06am Feb 3, 2012 8:09pm | Edited Feb 4, 2012 12:06am
As long as 1.3168 holds.

The other scenario: This fourth wave( 4 ) could also be a fouth wave of the third wave and fifth ( 5 ) of the third wave was a failure.

(1.3025 was definately a fourth wave of one of the waves.)

Hence we had WXY this NFP @ 1.3065 -63 and fifth one UP but should not go too far... Then comes the Correction for Wave B.

So a fake breakout of the Bull Flag and Down Again for Correction...may be.

Anyways here is ...

3:3:5:3:5
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Markets are not Random, they are designed!
  • #6,617
  • Feb 4, 2012 4:15am Feb 4, 2012 4:15am
Hi guys,

EW H1 chart count.

Wave A finished, now complex correction wave B unfolding, with projected levels for end of wave B at two key areas:
1.2965-1.243
or
1.2903- 1.2894 max.

Then we might see more upside that should be limited @ 61.8Fib Ret of longer time frame count (h4) at 1.3334 - 1.3370.

Red line is line in the sand for this EW count.
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  • #6,618
  • Feb 4, 2012 4:47am Feb 4, 2012 4:47am
Seems like the euro train had passed by the last stop for the longs:
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  • #6,619
  • Feb 4, 2012 9:40am Feb 4, 2012 9:40am
Quoting freelancer
Seems like the euro train had passed by the last stop for the longs:
Hi Freelancer,

is that high probability? And how does the fact fit in your scenario, that at recent times money is printed faster by ECB than FED.

Thanks in advance,

Markus
  • #6,620
  • Feb 4, 2012 10:08am Feb 4, 2012 10:08am
Quoting Flynchenberg
Hi guys,

EW H1 chart count.

Wave A finished, now complex correction wave B unfolding, with projected levels for end of wave B at two key areas:
1.2965-1.243
or
1.2903- 1.2894 max.

Then we might see more upside that should be limited @ 61.8Fib Ret of longer time frame count (h4) at 1.3334 - 1.3370.

Red line is line in the sand for this EW count.


Hi Seb,

very very good count, not only the move down, but the upmove too.

For downside scenario I favor a scenario of 1.2817 - 1.2695 - 1.2573 for an overall upside flat correction. Should retrace at least 90% of wave A or W

Have a nice weekend,

Markus
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