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Elliott wave outlook

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  • #6,701
  • Jan 30, 2013 1:44am Jan 30, 2013 1:44am
Quoting The Cableguy
Gut feeling is that we are a whisker away from a major top for Eu
Or at least a healthy retracement.
  • #6,702
  • Jan 30, 2013 1:44am Jan 30, 2013 1:44am
Quoting The Cableguy
Gut feeling is that we are a whisker away from a major top for Eu
13527 ?
  • #6,703
  • Jan 30, 2013 1:53am Jan 30, 2013 1:53am
Quoting MeInGraySuit
Or at least a healthy retracement.
My thoughts to the point. I hope we are right...
  • #6,704
  • Jan 30, 2013 1:57am Jan 30, 2013 1:57am
Treating the current move as 5, regardless of cycle;

http://i1168.photobucket.com/albums/...5m30-01-13.png
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
  • #6,705
  • Jan 30, 2013 2:00am Jan 30, 2013 2:00am
Quoting The Cableguy
Treating the current move as 5, regardless of cycle;

http://i1168.photobucket.com/albums/...5m30-01-13.png
What does your 5 min chart look like on this last 5th wave. I have it just finishing the 5th of 5 or trying to. Hour bar still pretty strong though.
  • #6,706
  • Jan 30, 2013 2:02am Jan 30, 2013 2:02am
I am short .3510
Stop: .3535
  • #6,707
  • Jan 30, 2013 2:03am Jan 30, 2013 2:03am
Its Cable that concerns me, just broken out of its channel, not sure if its a 4th wave and thus creating a larger channel, or something bigger... seems inconceivable that one can go up while the other goes down, but that channel has been important for over a week now. Where's the strength going to come from?
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
  • #6,708
  • Jan 30, 2013 2:08am Jan 30, 2013 2:08am
does luis trade during prime hours or no?
  • #6,709
  • Jan 30, 2013 2:08am Jan 30, 2013 2:08am
Quoting The Cableguy
Its Cable that concerns me, just broken out of its channel, not sure if its a 4th wave and thus creating a larger channel, or something bigger... seems inconceivable that one can go up while the other goes down, but that channel has been important for over a week now. Where's the strength going to come from?
Maybe from "Hopium"! If Europes economy wants to bounce back their GDP has to rise and the only way that can happen is to make it cheap to buy their products, depressing the Euro. At least that is my thought. My monthly chart reflects this. I think we will go to parity this year.
  • #6,710
  • Jan 30, 2013 2:09am Jan 30, 2013 2:09am
Quoting xfatboi
does luis trade during prime hours or no?
I think he does, maybe he took the wife out.
  • #6,711
  • Jan 30, 2013 2:10am Jan 30, 2013 2:10am
aww okay. whats the average age of everyone in this thread?
  • #6,712
  • Jan 30, 2013 2:11am Jan 30, 2013 2:11am
Quoting MeInGraySuit
Maybe from "Hopium"! If Europes economy wants to bounce back their GDP has to rise and the only way that can happen is to make it cheap to buy their products, depressing the Euro. At least that is my thought. My monthly chart reflects this. I think we will go to parity this year.

Yes, i'm not talking long term, more in the next week or so. Parity, yep, but prob not this year, 1.25 first.
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
  • #6,713
  • Jan 30, 2013 2:15am Jan 30, 2013 2:15am
Quoting xfatboi
aww okay. whats the average age of everyone in this thread?
I'm 21 let's see who is younger than me
  • #6,714
  • Jan 30, 2013 2:19am Jan 30, 2013 2:19am
Quoting The Cableguy
Yes, i'm not talking long term, more in the next week or so. Parity, yep, but prob not this year, 1.25 first.
I think parity will be close at the end of this year. On my monthly I think we are going into the 3rd of a 3rd of a 3rd. So should be fairly fast. I believe .2500 we will have no problem .2510 area will be a little harder. This is what I have on my monthly.
Attached Image (click to enlarge)
Click to Enlarge Name: monthly.jpg Size: 125 KB
  • #6,715
  • Jan 30, 2013 2:21am Jan 30, 2013 2:21am
We haven't seen a red bar on the monthly for several months. I think we are due for one!
  • #6,716
  • Jan 30, 2013 2:28am Jan 30, 2013 2:28am
Quoting MeInGraySuit
I am short .3510
Stop: .3535
Hi

Still reckon this going down,looks strong
  • #6,717
  • Jan 30, 2013 2:29am Jan 30, 2013 2:29am
Quoting Farrusco
I'm 21 let's see who is younger than me
lol i got you beat. just turned 20.
  • #6,718
  • Jan 30, 2013 2:34am Jan 30, 2013 2:34am
Here is the channel i mentioned for Cable, i'm just trying to work out how significant it is, or indeed if it is at all. At least you can see why i don't want to call the Eu move over yet, until there is decent proof...

http://i1168.photobucket.com/albums/...4h30-01-13.png
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
  • #6,719
  • Jan 30, 2013 2:35am Jan 30, 2013 2:35am
Quoting eliteincome
Hi

Still reckon this going down,looks strong
Yes not risking as much on this trade because of the strength, but have a lot of indicators saying this might be the turn around area. So want to have something on.
  • #6,720
  • Jan 30, 2013 2:39am Jan 30, 2013 2:39am
Quoting The Cableguy
Here is the channel i mentioned for Cable, i'm just trying to work out how significant it is, or indeed if it is at all. At least you can see why i don't want to call the Eu move over yet, until there is decent proof...

http://i1168.photobucket.com/albums/...4h30-01-13.png
I hear you. I don't rely on alot of other pairs, it is not how I trade. For me it is more clutter. But I can see your point! Like I told elite, I have less risk on this trade but I want to be in because I believe that whisker is close, if not there! Cheers!
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