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Elliott wave outlook

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  • #6,281
  • Jan 24, 2013 10:09am Jan 24, 2013 10:09am
The more i look at the chart, the more convinced i am that it is a 5w. The extended 5th on top of the 3rd... EJ loves to do this...
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  • #6,282
  • Jan 24, 2013 10:09am Jan 24, 2013 10:09am
You remember the rule for ext 5th wave corrections? Min down to 2nd of prior wave... That could be 12,090 down to 11950 area... ('could be...')
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  • #6,283
  • Jan 24, 2013 10:14am Jan 24, 2013 10:14am
Quoting Luis Carlos
My friend i never say get short there
yes my own decision can hold if eur/usd not cross/close above 1.3404. stop is relitive to eur/usd move.
just live a life, don't be hard.
  • #6,284
  • Jan 24, 2013 10:18am Jan 24, 2013 10:18am
Anybody Short UJ?
10m Ending Diagonal?
Attached Image (click to enlarge)
Click to Enlarge Name: 130124 10m[2] USDJPY.png Size: 18 KB
Wait, or you will be slaughtered!
  • #6,285
  • Jan 24, 2013 10:30am Jan 24, 2013 10:30am
Quoting Uturn2
Anybody Short UJ?
10m Ending Diagonal?
Not Me Not Yet. In fact today's stellar performance caught me by surprise. I was expecting a turn earlier than this.

Olu
If you think you can or cannot do it you are correct
  • #6,286
  • Jan 24, 2013 10:35am Jan 24, 2013 10:35am
Pound dollar. Possible end soon or extension wave 5

http://www.forexfactory.com/attachme...5&d=1358948878
Attached Image (click to enlarge)
Click to Enlarge Name: 13jan24.PNG Size: 74 KB
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #6,287
  • Jan 24, 2013 10:38am Jan 24, 2013 10:38am
Boys, dont buy euro dollar
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #6,288
  • Jan 24, 2013 10:41am Jan 24, 2013 10:41am
Can some one rate my numbering. And give me a hint as to count the last few waves in this sequence. I can't tell if it's just another zigzag or the beginning of a motive wave.

EU 1H chart.
Attached Image (click to enlarge)
Click to Enlarge Name: 1H_EW_114048.jpg Size: 95 KB
  • #6,289
  • Jan 24, 2013 10:42am Jan 24, 2013 10:42am
Quoting Luis Carlos
Boys, dont buy euro dollar
s&p 500 at 1502

mamma mia!!!!
I'll Sell when price is heading to Hell
  • #6,290
  • Jan 24, 2013 10:42am Jan 24, 2013 10:42am
Luis , why you stopped your long on EU, what is wrong with the structure? It breached the triangle , pass the terminus of D , so what is wrong? If something is wrong what we expect next? I see on daily doesn't look convincing unless we break 13404 , other then that totally lost.Please advise with few scenarios you have . I focussed latley only in EU and now don't now what to think anymore. The question is if we had a valid triangle or not, since last move down on 12364 for was significant lower then the other. Now the 12364 was a "e" on the count ? I f so is normal to extend down more into "false breakout " but shouldn't be lower then C . Uffff, please help
  • #6,291
  • Jan 24, 2013 10:49am Jan 24, 2013 10:49am
Quoting dopodopo
Luis , why you stopped your long on EU, what is wrong with the structure? It breached the triangle , pass the terminus of D , so what is wrong? If something is wrong what we expect next? I see on daily doesn't look convincing unless we break 13404 , other then that totally lost.Please advise with few scenarios you have . I focussed latley only in EU and now don't now what to think anymore. The question is if we had a valid triangle or not, since last move down on 12364 for was significant lower then the other. Now the 12364 was a "e" on the count...
The move is more corrective
Attached Image (click to enlarge)
Click to Enlarge Name: 13jan24c.PNG Size: 53 KB
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #6,292
  • Jan 24, 2013 10:50am Jan 24, 2013 10:50am
Quoting braintec
s&p 500 at 1502

mamma mia!!!!
1575 and I will give a mattress here in Ecuador remember?
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #6,293
  • Jan 24, 2013 10:51am Jan 24, 2013 10:51am
Quoting Luis Carlos
1575 and I will give a mattress here in Ecuador remember?
bagages are ready
I'll Sell when price is heading to Hell
  • #6,294
  • Jan 24, 2013 10:52am Jan 24, 2013 10:52am
Hello Luis ... Good evening,
today I got more than 100 points from the LG e / j
so nothing to lose for me if I SH e/j @120.138 with SL of 100 pips and target min. 118.xxx
thanks for your outlook.
  • #6,295
  • Jan 24, 2013 10:52am Jan 24, 2013 10:52am
Quoting Luis Carlos
The move is more corrective
Well could be irregular 2. In that case is fine. I did not see that until now
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #6,296
  • Jan 24, 2013 10:54am Jan 24, 2013 10:54am
Quoting andan
Hello Luis ... Good evening,
today I got more than 100 points from the LG e / j
so nothing to lose for me if I SH e/j @120.138 with SL of 100 pips and target min. 118.xxx
thanks for your outlook.

hmm very interesting trade... I might copy you hehehe you won't mind will you?, but just want a new high in eur/jpy a supply area is close...
  • #6,297
  • Jan 24, 2013 10:55am Jan 24, 2013 10:55am
Quoting Farrusco
hmm very interesting trade... I might copy you hehehe you won't mind will you?, but just want a new high in eur/jpy a supply area is close...
if it brakes you can forget your supply area
I'll Sell when price is heading to Hell
  • #6,298
  • Jan 24, 2013 10:57am Jan 24, 2013 10:57am
Quoting braintec
if it brakes you can forget your supply area
you believe we reached the top?, I believe in a final push to 120.510
  • #6,299
  • Jan 24, 2013 10:58am Jan 24, 2013 10:58am
Quoting Farrusco
you believe we reached the top?, I believe in a final push to 120.510
show me your sell limit
I'll Sell when price is heading to Hell
  • #6,300
  • Jan 24, 2013 10:59am Jan 24, 2013 10:59am
Quoting andan
Hello Luis ... Good evening,
today I got more than 100 points from the LG e / j
so nothing to lose for me if I SH e/j @120.138 with SL of 100 pips and target min. 118.xxx
thanks for your outlook.
Congrats Andan
Stocktwit: LuisCarlos - twitter: @lcparodi
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