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Elliott wave outlook

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  • #2,781
  • Nov 6, 2012 9:34pm Nov 6, 2012 9:34pm
Quoting MeInGraySuit
Euro can go up to 1.2881 without invalidating wave 4. Is that what you guys have?
4 or B thats the question
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #2,782
  • Nov 6, 2012 9:36pm Nov 6, 2012 9:36pm
By the way got back in Long and am making up my lose. Knew it was coming I just thought it would take off sooner
  • #2,783
  • Nov 6, 2012 9:40pm Nov 6, 2012 9:40pm
Quoting MeInGraySuit
By the way got back in Long and am making up my lose. Knew it was coming I just thought it would take off sooner
The stop!
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #2,784
  • Nov 6, 2012 9:42pm Nov 6, 2012 9:42pm
Quoting Luis Carlos
4 or B thats the question
Well I am putting on a short limit at .2875 with a 15pip stop at .2890, because if it is wave 4 it can't go above .28812 or it will be invalidated. If it does then it is wave B and I have only lost 15 pips. But if it beginning wave 5 then I have huge potential profit. That is my calculation.
  • #2,785
  • Nov 6, 2012 9:43pm Nov 6, 2012 9:43pm
using retracement and expantion the confluence is at 1.2860
Attached Image (click to enlarge)
Click to Enlarge Name: eu.png Size: 36 KB
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #2,786
  • Nov 6, 2012 9:44pm Nov 6, 2012 9:44pm
If it even gets up .2875!
  • #2,787
  • Nov 6, 2012 9:47pm Nov 6, 2012 9:47pm
Quoting Luis Carlos
using retracement and expantion the confluence is at 1.2860
Yes that is my current target with my long. Momentum is strong with an Obama win which it looks like he will which might extend it up to .2875
  • #2,788
  • Nov 6, 2012 9:49pm Nov 6, 2012 9:49pm
Luis are you still in your long?
  • #2,789
  • Nov 6, 2012 9:59pm Nov 6, 2012 9:59pm
Quoting MeInGraySuit
Luis are you still in your long?
yes, no stop
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #2,790
  • Nov 6, 2012 10:01pm Nov 6, 2012 10:01pm
Quoting MeInGraySuit
Yes that is my current target with my long. Momentum is strong with an Obama win which it looks like he will which might extend it up to .2875
i am watching the eyes are in florida...
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #2,791
  • Nov 6, 2012 10:05pm Nov 6, 2012 10:05pm
pulled my long off - 39 pips
  • #2,792
  • Nov 6, 2012 10:10pm Nov 6, 2012 10:10pm
Quoting Luis Carlos
i am watching the eyes are in florida...
have not close my long yet
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #2,793
  • Nov 6, 2012 10:13pm Nov 6, 2012 10:13pm
the move up is done or we are doing wave 4 of 5
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #2,794
  • Nov 6, 2012 10:20pm Nov 6, 2012 10:20pm
Hi, guys. I think in D1 chart (eurusd) we have finish wave 4 and now we go to the wave 5. Do you think the same?
  • #2,795
  • Nov 6, 2012 10:21pm Nov 6, 2012 10:21pm
Quoting gumig
Hi, guys. I think in D1 chart we have finish wave 4 and now we go to the wave 5. Do you think the same?
put the chart
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #2,796
  • Nov 6, 2012 10:21pm Nov 6, 2012 10:21pm
Quoting Luis Carlos
the move up is done or we are doing wave 4 of 5
target 1,2880
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #2,797
  • Nov 6, 2012 10:26pm Nov 6, 2012 10:26pm
Quoting Luis Carlos
put the chart
sorry, but now I'm not on my pc and I can't put it. If you go about 70-75 days back it was start wave 1. So thr biger max was wave 3, the rules with the correction for wave 4 and MACD cross 0 line is OK. For this reason I think we go to 5.
  • #2,798
  • Nov 6, 2012 10:27pm Nov 6, 2012 10:27pm
the move up could be done or we are doing the wave 2 of the wave 5 of wave 5
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #2,799
  • Nov 6, 2012 10:27pm Nov 6, 2012 10:27pm
Short .2870
Stop .2890
  • #2,800
  • Nov 6, 2012 10:28pm Nov 6, 2012 10:28pm
Should be wave 5. After 5 we shoot straight up.
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