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Elliott wave outlook

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  • #9,041
  • Aug 15, 2013 10:20am Aug 15, 2013 10:20am
Quoting Kopite
Holy crap!!! that was one hell of a stop hunt disguised as an expanded flat.
Yep and absolutely no volume behind it.
I'm gonna Fade it
Those who say it cannot be done should not interrupt those who are doing it
  • #9,042
  • Aug 15, 2013 10:20am Aug 15, 2013 10:20am
That is because we end a cycle at 0.618
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #9,043
  • Aug 15, 2013 10:23am Aug 15, 2013 10:23am


Luis Carlos
11:15 a.m.
La onda ( y ) que esperamos en el EURUSD en 1.3140 ya podria haber terminado pero solamente un quiebre de 1.3310 lo confirmaria. esto se debe a que el mercado reboto desde 1.3205 justo en el 0.618.

I send this on my chat: " the wave ( y ) that we expext to end at 1.3140 could be ended, but only breaking 1.3310 will confirm, that is because the market bounced at 1.3205 just the 0.618."
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #9,044
  • Aug 15, 2013 10:26am Aug 15, 2013 10:26am
This move at EURUSD is still a correction. No means new highs yet
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #9,045
  • Aug 15, 2013 10:32am Aug 15, 2013 10:32am
Quoting PipTrapper
{quote} Yep and absolutely no volume behind it. I'm gonna Fade it
Only a few pips but all green.
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled-1.jpg Size: 100 KB

All thanks to one-click trading and an awesome close-all script.
Those who say it cannot be done should not interrupt those who are doing it
  • #9,046
  • Aug 15, 2013 10:33am Aug 15, 2013 10:33am
possible count http://screencast.com/t/LMZNMYx3ZTLh
  • #9,047
  • Aug 15, 2013 10:35am Aug 15, 2013 10:35am
Quoting Luis Carlos
This move at EURUSD is still a correction. No means new highs yet
Those who say it cannot be done should not interrupt those who are doing it
  • #9,048
  • Aug 15, 2013 10:35am Aug 15, 2013 10:35am
This is the best perspective for now
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.PNG Size: 65 KB
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #9,049
  • Aug 15, 2013 11:29am Aug 15, 2013 11:29am
Quoting Luis Carlos
This is the best perspective for now {image}
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdm15.png Size: 70 KB
Those who say it cannot be done should not interrupt those who are doing it
  • #9,050
  • Aug 15, 2013 12:11pm Aug 15, 2013 12:11pm
gold view here

http://www.forexfactory.com/showthre...53#post6896653
Wooooohooooo or Boooooohooooo
  • #9,051
  • Aug 15, 2013 12:26pm Aug 15, 2013 12:26pm
I have to throw my 2 cents worth in the pile....ascending triangle on this 5th wave good sign of reversal when breaks to downside.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 4hourJPG.jpg Size: 175 KB
Click to Enlarge Name: 15minJPG.jpg Size: 151 KB
  • #9,052
  • Aug 15, 2013 1:01pm Aug 15, 2013 1:01pm
Also MIG has a nice point of view. Conclusion: DOWN
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #9,053
  • Aug 15, 2013 4:13pm Aug 15, 2013 4:13pm
Quoting MeInGraySuit
I have to throw my 2 cents worth in the pile....ascending triangle on this 5th wave good sign of reversal when breaks to downside. {image} {image}
Yeah in hindsight I prefer your count.
Conclusion is the same though.
Those who say it cannot be done should not interrupt those who are doing it
  • #9,054
  • Aug 16, 2013 9:08am Aug 16, 2013 9:08am
Is it time for the 'expected' journey south for the euro to start?

Olu
If you think you can or cannot do it you are correct
  • #9,055
  • Aug 16, 2013 9:49am Aug 16, 2013 9:49am
Quoting Olu
Is it time for the 'expected' journey south for the euro to start? Olu
It looks like it.
As long as we close the week below 1.3325, final wave 5 of 5 of c of 2 of 3 of 3 is complete.
Those who say it cannot be done should not interrupt those who are doing it
  • #9,056
  • Edited 10:10am Aug 16, 2013 9:53am | Edited 10:10am
Quoting PipTrapper
{quote} It looks like it. As long as we close the week below 1.3325, final wave 5 of 5 of c of 2 of 3 of 3 is complete.
Dont want to talk about Euro, tell me why oil sell at 108.10 and you win a bottle of scotch
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #9,057
  • Aug 16, 2013 10:09am Aug 16, 2013 10:09am
Dont kill you with the Euro short, dont go toolow.
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #9,058
  • Aug 16, 2013 10:10am Aug 16, 2013 10:10am
Elliottians. WHY oil sell at 108.10?
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #9,059
  • Aug 16, 2013 10:17am Aug 16, 2013 10:17am
Quoting Luis Carlos
Elliottians. WHY oil sell at 108.10?
Attached Image (click to enlarge)
Click to Enlarge Name: usoilh4.png Size: 81 KB
Those who say it cannot be done should not interrupt those who are doing it
  • #9,060
  • Aug 16, 2013 10:18am Aug 16, 2013 10:18am
Quoting PipTrapper
{quote} {image}
why exactly turn there
Stocktwit: LuisCarlos - twitter: @lcparodi
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