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Elliott wave outlook

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  • #7,921
  • Feb 20, 2013 11:00am Feb 20, 2013 11:00am
what up guys, got reason to believe that at FOMC the dollar will become weak.
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #7,922
  • Feb 20, 2013 11:15am Feb 20, 2013 11:15am
Quoting Luis Carlos
what up guys, got reason to believe that at FOMC the dollar will become weak.
Should be dovish is the word.
  • #7,923
  • Feb 20, 2013 11:50am Feb 20, 2013 11:50am
Guys I am tired pushing the euro down. Shoulders are hurting...

double (triple) bottom on the hourly chart.

Olu
If you think you can or cannot do it you are correct
  • #7,924
  • Feb 20, 2013 12:02pm Feb 20, 2013 12:02pm
EurUsd
Attached Image
If you think you can or cannot do it you are correct
  • #7,925
  • Feb 20, 2013 12:03pm Feb 20, 2013 12:03pm
Dont fight with the trend
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #7,926
  • Feb 20, 2013 12:04pm Feb 20, 2013 12:04pm
Quoting Luis Carlos
Dont fight with the trend


LC are you talking (posting) to me
If you think you can or cannot do it you are correct
  • #7,927
  • Feb 20, 2013 12:04pm Feb 20, 2013 12:04pm
Quoting Olu
EurUsd
Thats the path.
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #7,928
  • Feb 20, 2013 12:05pm Feb 20, 2013 12:05pm
Quoting Olu
LC are you talking (posting) to me
yes..
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #7,929
  • Feb 20, 2013 12:07pm Feb 20, 2013 12:07pm
Guys I need dollar weak for my counts
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #7,930
  • Feb 20, 2013 12:11pm Feb 20, 2013 12:11pm
Quoting Luis Carlos
Guys I need dollar weak for my counts
Hi, Luis.... what's your upside target for euro if you're looking for dollar weakness at FOMC? Thanks.
  • #7,931
  • Feb 20, 2013 12:13pm Feb 20, 2013 12:13pm
Quoting Oshawa
Hi, Luis.... what's your upside target for euro if you're looking for dollar weakness at FOMC? Thanks.
If dollar break up, at least 1.35 could be more
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #7,932
  • Feb 20, 2013 12:25pm Feb 20, 2013 12:25pm
If we break down 1.318 is the level to watch
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #7,933
  • Feb 20, 2013 12:29pm Feb 20, 2013 12:29pm
Quoting Luis Carlos
If we break down 1.318 is the level to watch
1.3178, but ok.
Attached Image (click to enlarge)
Click to Enlarge Name: eurdailybutterfly.jpg Size: 95 KB
The world you desire can be won. It exists.. it is real.. it is possible..
  • #7,934
  • Feb 20, 2013 12:29pm Feb 20, 2013 12:29pm
Thanks Venzen. For the chart and advice !
  • #7,935
  • Feb 20, 2013 12:50pm Feb 20, 2013 12:50pm
Quoting Olu
EurUsd
thanks
  • #7,936
  • Feb 20, 2013 1:10pm Feb 20, 2013 1:10pm
Hi thodie
your aj wave e taken off nicely, will this take off impulsive
cross.
  • #7,937
  • Feb 20, 2013 1:20pm Feb 20, 2013 1:20pm
Quoting Luis Carlos
what up guys, got reason to believe that at FOMC the dollar will become weak.
Hi Luis,

Well, good news for our EU shorts is that Bernanke has proposed a cutback in Fed monthly spend (less QE?) so let's see if the USD goes up now...

edit: I did not realize you wanted USD weakness for your counts! Sorry, I wrote this without updating the forum page... anyway, it looks like the bear is loose for a long time now.
cryptocurrency everytime
  • #7,938
  • Feb 20, 2013 1:32pm Feb 20, 2013 1:32pm
EURUSD
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  • #7,939
  • Feb 20, 2013 1:41pm Feb 20, 2013 1:41pm
Quoting venzen
Hi Luis,

Well, good news for our EU shorts is that Bernanke has proposed a cutback in Fed monthly spend (less QE?) so let's see if the USD goes up now...

edit: I did not realize you wanted USD weakness for your counts! Sorry, I wrote this without updating the forum page... anyway, it looks like the bear is loose for a long time now.

Just getting in from work. If this info is true then the euro may continue the selloff throughout the asian session as well. price needs to take out 3264-3250 area then we'll go down some more. Great day as uploaded this morning i'm short from 3399.
If you think you can or cannot do it you are correct
  • #7,940
  • Feb 20, 2013 1:43pm Feb 20, 2013 1:43pm
Quoting The Cableguy
Euro;

Still cant help feeling there is another 5w short to come yet (at least);

http://i1168.photobucket.com/albums/...4h19-02-13.png
CG, your feeling was correct it seems and with the unexpected Fed decision to ease their easing and the implications for USD strength, I have a feeling that (W) and (X) might turn out to be (1)-(2)...
cryptocurrency everytime
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