Elliott wave outlook | Page 440 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Elliott Wave Counting with EG 2,835 replies

EUR/USD and other - Elliott Wave Analysis 21 replies

The Basics of Elliott Wave Theory 128 replies

Elliott Wave Gbp/usd 4 replies

(Euro) Elliott Wave Formations 43 replies

Attachments: Elliott wave outlook
Exit Attachments

Elliott wave outlook

Sep 11, 2014
Last Sync: Sep 11, 2014
Sep 11, 2014
Last Sync: Sep 11, 2014
Sep 11, 2014
Last Sync: Sep 11, 2014
Sep 11, 2014
Last Sync: Sep 11, 2014
to
No trading activity in this period.
  • #8,781
  • Jun 7, 2013 1:12pm Jun 7, 2013 1:12pm
Quoting PipTrapper
{quote} Gold is farged. I have a buy limit order at 1057

i'm agree Pip...
my target at EMA 100 on the monthly TF.
cheers... !
  • #8,782
  • Jun 7, 2013 1:17pm Jun 7, 2013 1:17pm
Quoting gnomoneey
{quote} I've been waiting for that 1.3450 for a long while.... since 03/17/2013 -pay attention to blue dots and history repeating {image} updated {image}
Nice Fractal
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #8,783
  • Jun 10, 2013 4:07am Jun 10, 2013 4:07am
So far eurusd looks like.
Attached Image (click to enlarge)
Click to Enlarge Name: eee.png Size: 83 KB
Trend Is Friend
  • #8,784
  • Jun 10, 2013 7:44am Jun 10, 2013 7:44am
i think, the hedging system makes market so stagnan like now and it's very boring !
  • #8,785
  • Jun 10, 2013 7:49am Jun 10, 2013 7:49am
Quoting andan
i think, the hedging system makes market so stagnan like now and it's very boring !

If you want an exciting trade, leave the EUR/USD alone for now and instead look at some cross pairs such as AUD/NZD, USD/SGD or even EUR/CAD, not to mention the SP500 index.
The above instruments are stretched and overdue for a correction. These are the conditions one must look for when deciding where the best Risk/Reward trades are.
Those who say it cannot be done should not interrupt those who are doing it
  • #8,786
  • Jun 10, 2013 10:20am Jun 10, 2013 10:20am
I am posting 30m wave count as a tread setup. If you like you can tread this. There is divergence in cci and stoch is also moving up. in chart looks like wave 4 complete. i don't add the abc here but i check in 15m chart and i am confirm about that. if wave 4 goes more complex then the tread can touch sl. to me you can tread at market price and sl at 1.3176

Attached Image (click to enlarge)
Click to Enlarge Name: 30m.png Size: 87 KB
Trend Is Friend
  • #8,787
  • Jun 10, 2013 3:41pm Jun 10, 2013 3:41pm
Please somebody who speak english and spanish and know elliott wave. Please sent to me a private messag. Ty
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #8,788
  • Jun 11, 2013 7:07am Jun 11, 2013 7:07am
IF you traded according my yesterdays treading plan then you are in profit congratulations on that. IF you are in profit i suggest you to close the tread when price is near 3290 to 3305. Take the profit and don't make a winner in to looser.

About today update we are in the end of blue wave 3. if you look at the chart there is possible divergence building. looks like we can open another tread when we reach the top. i will post another 30m update then.

Attached Image (click to enlarge)
Click to Enlarge Name: eee.png Size: 88 KB
Trend Is Friend
  • #8,789
  • Jun 12, 2013 2:48am Jun 12, 2013 2:48am
Blue wave 3 is near to complete. murry math suggest that pivot at price 1.3366 and fibo also suggest that 0.618 level at 1.3343 so we can understand this is a zone to complete wave 3. Also notice the divergence spotted yesterday is still valid. i added stochastic indicator because of few followers ask me about it. also stoch indicator suggest that wave 3 will be complete soon.

Attached Image (click to enlarge)
Click to Enlarge Name: eee.png Size: 100 KB
Trend Is Friend
  • #8,790
  • Jun 12, 2013 8:46am Jun 12, 2013 8:46am
AudUsd
Attached Image
If you think you can or cannot do it you are correct
  • #8,791
  • Jun 12, 2013 12:22pm Jun 12, 2013 12:22pm
Quoting Olu
AudUsd {image}
Cheers Olu [Sweet and Simple!]
Wait, or you will be slaughtered!
  • #8,792
  • Jun 12, 2013 1:19pm Jun 12, 2013 1:19pm
Attached Image
Sir Olu, your analysis is a good one and very helpful. But dont you think we should hold on a bit so as to be sure that the resistance build up at 0.94884 wouldn't be valid.
thanks
  • #8,793
  • Jun 12, 2013 1:29pm Jun 12, 2013 1:29pm
Quoting pelumitunde
{image}Sir Olu, your analysis is a good one and very helpful. But dont you think we should hold on a bit so as to be sure that the resistance build up at 0.94884 wouldn't be valid. thanks

Hi Pelumi

I hear you and your point is a good one. But I think the savagery of the downmove does require a retracement. I cant say that the bottom is in all I can say is that I see 5 wave down complete. People like MIB, LC and other better wavers can drill down into the nitty gritty. I trade the daily chart. There is bullish divergence with stochastics on the daily chart as well. And price put in a hammer yesterday. All this is pointing to at least an attempt to bottom

Olu
If you think you can or cannot do it you are correct
  • #8,794
  • Jun 12, 2013 1:47pm Jun 12, 2013 1:47pm
Quoting Olu
{quote} Hi Pelumi I hear you and your point is a good one. But I think the savagery of the downmove does require a retracement. I cant say that the bottom is in all I can say is that I see 5 wave down complete. People like MIB, LC and other better wavers can drill down into the nitty gritty. I trade the daily chart. There is bullish divergence with stochastics on the daily chart as well. And price put in a hammer yesterday. All this is pointing to at least an attempt to bottom Olu
I 100% agree with you on all points made. However, a conservative trader would wait for a pullback after resistance is broken. A more aggressive trader (like me) would have bought on a pullback to the open price of the daily hammer

A/U H1
Attached Image


A/U Daily
Attached Image
Those who say it cannot be done should not interrupt those who are doing it
  • #8,795
  • Jun 12, 2013 1:52pm Jun 12, 2013 1:52pm
Sir Olu,
Sorry I was actually analysing on the 4hr chart. I only use the daily chart for trend confirmation. would take out time to reconcile both timeframe.
Thanks for the vital info.
  • #8,796
  • Jun 12, 2013 2:12pm Jun 12, 2013 2:12pm
Quoting PipTrapper
{quote} I 100% agree with you on all points made. However, a conservative trader would wait for a pullback after resistance is broken. A more aggressive trader (like me) would have bought on a pullback to the open price of the daily hammer A/U H1 {image} A/U Daily {image}

Hi PipTrapper

I am a conservative trader and will be looking for a pullback. That's the way I trade. By the way kudos to you aggressive high octane traders
What are you thoughts about usdcad 1.0150 was hit today and we got a bounce. I feel if we smell that area I will go long...

Olu
If you think you can or cannot do it you are correct
  • #8,797
  • Jun 12, 2013 2:15pm Jun 12, 2013 2:15pm
Quoting pelumitunde
Sir Olu, Sorry I was actually analysing on the 4hr chart. I only use the daily chart for trend confirmation. would take out time to reconcile both timeframe. Thanks for the vital info.
No need to apologise. your point is a good one. We are allowed to have different views. The market itself exists because people have different views. Price can turn around and blow past the hammer. Anything can happen. We just use TA to try and reduce the odds against us
If you think you can or cannot do it you are correct
  • #8,798
  • Jun 12, 2013 2:41pm Jun 12, 2013 2:41pm
Quoting Olu
{quote} No need to apologise. your point is a good one. We are allowed to have different views. The market itself exists because people have different views. Price can turn around and blow past the hammer. Anything can happen. We just use TA to try and reduce the odds against us


Thanks alot.
  • #8,799
  • Jun 12, 2013 3:46pm Jun 12, 2013 3:46pm
AudUsd

Guys we have some serious market-moving data coming out at 2am UK time so it might be best leaving this one alone till after the news. We could get stop-loss bursting whipsaws...

Olu
If you think you can or cannot do it you are correct
  • #8,800
  • Jun 12, 2013 4:00pm Jun 12, 2013 4:00pm
Quoting Olu
{quote} Hi PipTrapper I am a conservative trader and will be looking for a pullback. That's the way I trade. By the way kudos to you aggressive high octane traders What are you thoughts about usdcad 1.0150 was hit today and we got a bounce. I feel if we smell that area I will go long... Olu

USD/CAD

Shot term consolidation, but when the USD is done with the correction in the next few days, it will continue on its long slow journey to 1.10 and beyond.

In the mean time I expect a bit more down and in an extreme case it may retest the 1.0080 support.

As for AUD/USD, I suspect it may reach as high at 9900/9940 area to retest the bottom of the broken symmetrical triangle. An EW analysis that corresponds with that would be nice but my EW skills are still in the Kindergarten stage
Those who say it cannot be done should not interrupt those who are doing it
1 trader viewing now