EURJPY M15
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After last moments of disbelief, here was completed and wave-d of the triangle. There are small changes from what we had anticipated in the post on May 9, but not major, in my opinion. Instead of having a flat with strong b-wave and normallyc-wave, have flat with strong b-wave but wave-c is elongated (c greater than 161.8% of a), leading to the minimum possible advance of 1 5002 (between you and me, do not bother anyone if it dropped more, but without reaching 1.3476). Triangle shape is expanded, but there is a weid, wave-c is smaller than the wave-a...
Do not try to fight with the ECB. Lose anyway.
- #6,808
- Jun 6, 2014 4:09am Jun 6, 2014 4:09am
- Joined Feb 2014 | Status: Trader | 1,796 Posts
After last moments of disbelief, here was completed and wave-d of the triangle. There are small changes from what we had anticipated in the post on May 9, but not major, in my opinion. Instead of having a flat with strong b-wave and normallyc-wave, have flat with strong b-wave but wave-c is elongated (c greater than 161.8% of a), leading to the minimum possible advance of 1 5002 (between you and me, do not bother anyone if it dropped more, but without reaching 1.3476). Triangle shape is expanded, but there is a weid, wave-c is smaller than the wave-a...
It's a change of mode from previous corrective mode. So I am bear with EURUSD from now,
while waiting confirmation of an abc correction before selling.
Elliott Wave for optimum entry, exit and risk management of trades
- #6,811
- Jun 6, 2014 4:40am Jun 6, 2014 4:40am
- Joined Feb 2014 | Status: Trader | 1,796 Posts
{quote} You think, that this impulse is first wave and I, that is last wave in a flat. If the correction retreat the impulse 100%, my variant is good, if not, is yours.
That's why I like these forum so much. If your count is working, I'll hop on to yours, if not, I'll get on to mine.
It's a WIN WIN.
Elliott Wave for optimum entry, exit and risk management of trades
- #6,816
- Jun 6, 2014 9:47am Jun 6, 2014 9:47am
- Joined Feb 2014 | Status: Trader | 1,796 Posts
{quote} I thinking the A wave has completed, it is time to sell EUR/USD.
Elliott Wave for optimum entry, exit and risk management of trades
- #6,820
- Jul 1, 2014 2:42am Jul 1, 2014 2:42am
- Joined Feb 2014 | Status: Trader | 1,796 Posts
R.N. Elliott at work.
A correction retracing to the travel of minor wave (ii) of an extended 5th wave.
Ref. : The Major Works of R.N. Elliott p. 136
It's now within target range, heading towards lower limit near 1.0600 on it's final legs.
Almost ready for sharp shooting to catch the bull heading north.
A correction retracing to the travel of minor wave (ii) of an extended 5th wave.
Ref. : The Major Works of R.N. Elliott p. 136
It's now within target range, heading towards lower limit near 1.0600 on it's final legs.
Almost ready for sharp shooting to catch the bull heading north.
Elliott Wave for optimum entry, exit and risk management of trades