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Elliott wave outlook

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  • #3,281
  • Nov 14, 2012 6:33pm Nov 14, 2012 6:33pm
Quoting jaylovin
those looking for longs... be careful - i posted this back at the beginning of september.. known as a triple correction... it means we can go below 1.18 or more before this entire thing is over... something to think of:

http://www.forexfactory.com/showthre...69#post5977969
Holy Moly!
If you think you can or cannot do it you are correct
  • #3,282
  • Nov 14, 2012 6:50pm Nov 14, 2012 6:50pm
Definitely the spike today is 1, A or 4. Now 0.5 fib retracement
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #3,283
  • Nov 14, 2012 6:51pm Nov 14, 2012 6:51pm
Quoting jaylovin
those looking for longs... be careful - i posted this back at the beginning of september.. known as a triple correction... it means we can go below 1.18 or more before this entire thing is over... something to think of:

http://www.forexfactory.com/showthre...69#post5977969
We broke that trendline sometime ago...
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #3,284
  • Nov 14, 2012 10:02pm Nov 14, 2012 10:02pm
Sell Limit .2753
Stop .2780
  • #3,285
  • Nov 14, 2012 10:24pm Nov 14, 2012 10:24pm
Took short at .2747(50%Fib), sell limit at .2753 still on!
  • #3,286
  • Nov 14, 2012 11:33pm Nov 14, 2012 11:33pm
Somebody could explain me what did happen with yen crosses. Just notice that in my real account my long euro yen closed at 102.90...
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #3,287
  • Nov 14, 2012 11:47pm Nov 14, 2012 11:47pm
Quoting Luis Carlos
Somebody could explain me what did happen with yen crosses. Just notice that in my real account my long euro yen closed at 102.90...
Now I am looking for 103.70 as a target, but I will not reenter...
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #3,288
  • Nov 15, 2012 1:33am Nov 15, 2012 1:33am
Quoting Luis Carlos
I would like one more high to complete 1... Lets ASIA does something!
Hi Luis,

hope all is well.


Well, one quick question:


oftentimes you count in a way, where wave 1 and 4 show overlap. Even in wave 3's. Is there a reason for that?

Thanks in advance and catch you later,


Markus
  • #3,289
  • Nov 15, 2012 1:35am Nov 15, 2012 1:35am
Quoting jaylovin
those looking for longs... be careful - i posted this back at the beginning of september.. known as a triple correction... it means we can go below 1.18 or more before this entire thing is over... something to think of:

http://www.forexfactory.com/showthre...69#post5977969
  • #3,290
  • Nov 15, 2012 1:37am Nov 15, 2012 1:37am
This euro becoming pain in bum. I think we gotta be prepared for range for a while.
  • #3,291
  • Nov 15, 2012 1:37am Nov 15, 2012 1:37am
Quoting jaylovin
those looking for longs... be careful - i posted this back at the beginning of september.. known as a triple correction... it means we can go below 1.18 or more before this entire thing is over... something to think of:

http://www.forexfactory.com/showthre...69#post5977969


double three
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_EUR_USD_Daily_snapshot.jpg Size: 140 KB
  • #3,292
  • Nov 15, 2012 2:40am Nov 15, 2012 2:40am
Quoting Luis Carlos
We broke that trendline sometime ago...
trendline doesn't need to respect for triple 3 to play out... as long as the peaks are below its previous one - its valid
  • #3,293
  • Nov 15, 2012 5:49am Nov 15, 2012 5:49am
http://imageplay.net/img/tya22292626/EURUSDNOV14.png
  • #3,294
  • Nov 15, 2012 6:20am Nov 15, 2012 6:20am
Quoting infinitus
Hi Luis,

hope all is well.


Well, one quick question:


oftentimes you count in a way, where wave 1 and 4 show overlap. Even in wave 3's. Is there a reason for that?

Thanks in advance and catch you later,


Markus
Yes, because in my experience, all the impulses, the inside impulses, of a big one could be a diagonal, and that diagonal doesnt need to be a perfect draw
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #3,295
  • Nov 15, 2012 6:23am Nov 15, 2012 6:23am
Quoting infinitus
double three
that is alt count... Until daily or weekly indicators are still bullish i will keep my bullish view..
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #3,296
  • Edited 6:53am Nov 15, 2012 6:26am | Edited 6:53am
Quoting Luis Carlos
Now I am looking for 103.70 as a target, but I will not reenter...
I cant believe that euro yen now is 103.70, and yesterday was 101... A leave some money at the table. but I am expeting a pullback to 1.0200 to reenter longs..
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #3,297
  • Nov 15, 2012 6:39am Nov 15, 2012 6:39am
Quoting Luis Carlos
I cant believe that euro yen now is 103.70, and yesterday was 101... A leave some money at the table. but I am expeting a pullback to 1.0290 to reenter longs..
I'm wondering while EJ has moved liked this why EU is still hesitating
There is no randomness. It is just Chaos, a higher form of order.
  • #3,298
  • Nov 15, 2012 6:40am Nov 15, 2012 6:40am
Quoting jaylovin
trendline doesn't need to respect for triple 3 to play out... as long as the peaks are below its previous one - its valid
OK, the chart was no complete I did not see that 1.3140 was hit the trendline. How I say I got my bear count, but when indicators tell my that I will change.
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #3,299
  • Nov 15, 2012 6:43am Nov 15, 2012 6:43am
Quoting Luis Carlos
OK, the chart was no complete I did not see that 1.3140 was hit the trendline. How I say I got my bear count, but when indicators tell my that I will change.
Yup it's looking for more up.. 2805-11.. And 2826.. Also 2785 is anothe level
  • #3,300
  • Nov 15, 2012 6:47am Nov 15, 2012 6:47am
Quoting Almondeyed
http://imageplay.net/img/tya22292626/EURUSDNOV14.png
I look little more up as Jaovin says
Stocktwit: LuisCarlos - twitter: @lcparodi
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