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Elliott wave outlook

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  • #4,121
  • Dec 5, 2012 7:43am Dec 5, 2012 7:43am
I still have two more waves up for the 5th wave...
  • #4,122
  • Dec 5, 2012 7:46am Dec 5, 2012 7:46am
I think the choppiness is going to stay with us awhile longer
  • #4,123
  • Dec 5, 2012 7:54am Dec 5, 2012 7:54am
I think this is a great place to go long!!
  • #4,124
  • Dec 5, 2012 7:55am Dec 5, 2012 7:55am
Just waiting for the downtrend to be broken on the 5min chart...
  • #4,125
  • Dec 5, 2012 7:55am Dec 5, 2012 7:55am
eu?

help push up please
Wooooohooooo or Boooooohooooo
  • #4,126
  • Dec 5, 2012 8:00am Dec 5, 2012 8:00am
Quoting gnomoneey
eu?

help push up please
Yep EU...I believe we are going to .31743 to finish off wave 5, i know it is a long way. we still might see a B and C in this wave so be careful but eventually .3174
  • #4,127
  • Dec 5, 2012 8:02am Dec 5, 2012 8:02am
Quoting MeInGraySuit
Yep EU...I believe we are going to .31743 to finish off wave 5, i know it is a long way. we still might see a B and C in this wave so be careful but eventually .3174
im an optimist i for wave 5
Wooooohooooo or Boooooohooooo
  • #4,128
  • Dec 5, 2012 8:05am Dec 5, 2012 8:05am
Lets see if the US open will say anything, usually we get the morning traders pushing equities up for a bit so hopefully with correlation we can see a little rise on the EU.
  • #4,129
  • Dec 5, 2012 8:18am Dec 5, 2012 8:18am
Losing steam

Long .30645
Stop .30435
Target .3126
  • #4,130
  • Dec 5, 2012 8:19am Dec 5, 2012 8:19am
Quoting MeInGraySuit
Losing steam

Long .30645
Stop .30435
Target .3126
have hope ......
Wooooohooooo or Boooooohooooo
  • #4,131
  • Dec 5, 2012 8:20am Dec 5, 2012 8:20am
Quoting Luis Carlos
Great explain Markus, thanks for share. In some of your books you share I learnt that 5 waves could be a ABC also in a zigzag model that is what i am think that move up from 1.204 is... This is What I mean abc is (WXY)
hi Luis,

I think you mean:



bigger picture: A-B-C


but when we look at substructure we see


3-3-5 for A

then B in any form

then 3-3-5 for C


but that would then be 7 waves




5 waves corrective can only be achieved via a LD or ED

or you got a 3-3-5 flat: in this case it looks sometimes like an impulse, but substructure of the first A wave will reveal its corrective nature


Remember: the C wave in a flat is either an ED or an impulse
  • #4,132
  • Dec 5, 2012 8:21am Dec 5, 2012 8:21am
i want eu to
go uuuuuuupppppppppp 1,3120
Wooooohooooo or Boooooohooooo
  • #4,133
  • Dec 5, 2012 8:23am Dec 5, 2012 8:23am
Quoting gnomoneey
i want eu to
go uuuuuuupppppppppp 1,3020
Do you mean 1.3120?
  • #4,134
  • Dec 5, 2012 8:23am Dec 5, 2012 8:23am
Quoting gnomoneey
i want eu to
go uuuuuuupppppppppp 1,3020
so desperately????

but for 3020 it should go down, or do you life down under?
  • #4,135
  • Dec 5, 2012 8:25am Dec 5, 2012 8:25am
Quoting infinitus
so desperately????

but for 3020 it should go down, or do you life down under?
Edited now to 3120
Wooooohooooo or Boooooohooooo
  • #4,136
  • Dec 5, 2012 8:26am Dec 5, 2012 8:26am
If this is wave (5) of 3, which I think it is, movement should be fairly good. Cross fingers!!
  • #4,137
  • Dec 5, 2012 8:27am Dec 5, 2012 8:27am
Nice bullish engulfing on the 5 min...
  • #4,138
  • Dec 5, 2012 8:29am Dec 5, 2012 8:29am
looking for .3092 50% retracement before I move my stop in the money...
  • #4,139
  • Dec 5, 2012 8:36am Dec 5, 2012 8:36am
Quoting MeInGraySuit
looking for .3092 50% retracement before I move my stop in the money...
you need to yell at eu, it's a little slow that fellow...need some push


i want eu to
go uuuuuuupppppppppp 1,3120
Wooooohooooo or Boooooohooooo
  • #4,140
  • Dec 5, 2012 8:41am Dec 5, 2012 8:41am
see MIG it's working ...c'mon your turn
Wooooohooooo or Boooooohooooo
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