Elliott wave outlook | Page 467 | 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.
  • #9,321
  • Dec 2, 2013 2:58am Dec 2, 2013 2:58am
just crossed my mind, china-gold-bitcoin-bond-5 years china plan or something.
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #9,322
  • Dec 2, 2013 6:30am Dec 2, 2013 6:30am
Hi Elliotters,

I just had a revisit to the daily chart of gbp/usd and i think wave 5 is complete.Based on the equality of wave 1 and 5.


On the 1hr chart,you would find a bearish divergence.

I m of the opinion that we are heading south.
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.jpg Size: 149 KB
  • #9,323
  • Dec 2, 2013 7:36am Dec 2, 2013 7:36am
Quoting jchidolue
Hi Elliotters, I just had a revisit to the daily chart of gbp/usd and i think wave 5 is complete.Based on the equality of wave 1 and 5. On the 1hr chart,you would find a bearish divergence. I m of the opinion that we are heading south.{image}
Well yes I would agree with the southbound direction, but we may still see one more test on the upside.
So I am positioning myself as follows...

Sell on a test of 1.6450
or
Sell rallies on a break, daily close and hold below 1.6325
Those who say it cannot be done should not interrupt those who are doing it
  • #9,324
  • Dec 2, 2013 8:10am Dec 2, 2013 8:10am
Quoting PipTrapper
{quote} Well yes I would agree with the southbound direction, but we may still see one more test on the upside. So I am positioning myself as follows... Sell on a test of 1.6450 or Sell rallies on a break, daily close and hold below 1.6325
Seconded...but we might not see 6450

Olu
If you think you can or cannot do it you are correct
  • #9,325
  • Dec 2, 2013 8:15am Dec 2, 2013 8:15am
Quoting Olu
{quote} Seconded...but we might not see 6450 Olu
Yes I realize that, but as long as that possibility still exists, I'm not selling from the middle of nowhere. I need price to bang it's head against resistance first.

ADD: a spike above 6420 will do also.
Those who say it cannot be done should not interrupt those who are doing it
  • #9,326
  • Edited 10:45am Dec 2, 2013 8:31am | Edited 10:45am
Quoting PipTrapper
{quote} Yes I realize that, but as long as that possibility still exists, I'm not selling from the middle of nowhere. I need price to bang it's head against resistance first. ADD: a spike above 6420 will do also.
Yes, you are right. Also no weakness of GBP from fundamentals which is important to confirm that the wave 5 is completed.
Never test the depth of water with both feet.
  • #9,327
  • Edited 9:25am Dec 2, 2013 9:10am | Edited 9:25am
ooh. i remember that condition mentioned. near wave end...everything looks good.
hmm...so jpy and aud will start wave 1 maybe?everything looks bad
usd too
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #9,328
  • Dec 2, 2013 11:06am Dec 2, 2013 11:06am
EURUSD
Attached Image (click to enlarge)
Click to Enlarge Name: Snap_2013.12.png Size: 39 KB
  • #9,329
  • Dec 2, 2013 10:21pm Dec 2, 2013 10:21pm
Quoting PipTrapper
{quote} If you replaced the higher degree wave 4 and wave 5 with B and C, then I think you are on the right track, as the corrective abcde triangle is far too long in time relative to the prior impulse move to qualify as a wave 4. At least it is a probability anyway. There are alternates, but this is what I am watching at the moment. {image}
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #9,330
  • Dec 3, 2013 5:20am Dec 3, 2013 5:20am
Luis - are you already short this or when is good time for Pullback
check out the terrain - follow never lead
  • #9,331
  • Edited 7:22am Dec 3, 2013 6:25am | Edited 7:22am
Quoting alexandria
Luis - are you already short this or when is good time for Pullback
Let see if the indices topped. It that the case you should find out to buy spx @1740
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #9,332
  • Dec 3, 2013 6:26am Dec 3, 2013 6:26am
hi Luis it's all fine?
hope yes!
I'll Sell when price is heading to Hell
  • #9,333
  • Dec 3, 2013 6:34am Dec 3, 2013 6:34am
Quoting braintec
hi Luis it's all fine? hope yes!
Hi italian man
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #9,334
  • Dec 3, 2013 7:05am Dec 3, 2013 7:05am
Intraday Elliott Wave Outlook on AUDUSD
Ideally we will see three wave rally up in E which would be nice for shorts in the next 24-48 hours.
Attached Image
  • #9,335
  • Dec 3, 2013 7:09am Dec 3, 2013 7:09am
one more high in GBPUSD complete 5 waves from 1.5860
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #9,336
  • Dec 3, 2013 7:15am Dec 3, 2013 7:15am
Kiwi near to key pivot 0.8265
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #9,337
  • Dec 3, 2013 1:56pm Dec 3, 2013 1:56pm
EurAud
Attached Image
If you think you can or cannot do it you are correct
  • #9,338
  • Dec 4, 2013 12:17pm Dec 4, 2013 12:17pm
Quoting Olu
EurAud {image}

Price did not close below 4840 but rallied instead....

Olu
If you think you can or cannot do it you are correct
  • #9,339
  • Dec 4, 2013 12:18pm Dec 4, 2013 12:18pm
Dollar Index
Attached Image
If you think you can or cannot do it you are correct
  • #9,340
  • Dec 6, 2013 1:01pm Dec 6, 2013 1:01pm
This is weekly DAX chart.

Comments? EDT is finalizing 5.



BR
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.jpeg Size: 144 KB
30 traders viewing now