Elliott wave outlook

Correction doesnt below 1.2660

I am only thinking now why I closed my long at 1.3356

ej bake to 117.000 zone!!

This is a Ej count using RSI

Can I ask how? My measurement of last h4 move and extension gives me 1,3619 as ideal extension.


BR

wave 3 should end at 124.48 (am i missing here something ?)

shs 5min eu ?

if target of the shs reach , should be a problem with eu to gain more then 77

US equities should be slamed with our negative GDP!!!

For me there is two ways to trade;

1) a possible low risk/high reward trade, with the emphasis on low risk. Provided i can make a count and it makes sense, if you can bring your stop to 10/15 pips, with 60/75 pips target (ie a 1 to 5/6 R:R) it is worth taking.

2) a very high probability trade. Example following an obvious end of a B wave, especially if ending with a diagonal, where you know you have to have a 5w move next, or; a rejection of an Elliott channel line coinciding with an abc corrective move hitting a popular fib retracement. (this should also be low points risk...

With that in mind, i have gone long EJ with tight stop. Small position, but giving this count a go, small risk and 12,440 TP, huge R:R ratio if it is right and no big deal if not...

http://i1168.photobucket.com/albums/...m30-01-13b.png

Drew this chart earlier, (in fact, quite a while earlier) and it still hasn't progressed, in fact looks like a poss ending diag on current chart. Haven't added count, as unsure, but the channel line and fib matches;

http://i1168.photobucket.com/albums/...1h30-01-13.png

Sorry I was busy. yellow one

we will break 1.36

I think if we break 1.3560 the top is in place

eur/usd will go up, but its all about the timing, maybe they want to delay it to asia or london but definitely uptrend

Somebody knows if BEn is speaking or he will

This think will go to end on Friday for sure

uptrend?

nowhere talk about Ben speaking

Hardly, till your US of A pumps 85 B$ monthly down the drain...

Where do you thing this money goes to? To people who need it definitely not.

No rush. Thanks.


BR