Keep the Lights on then you can catch the rise from the dark.
- #54,383
- Jan 8, 2015 2:39am Jan 8, 2015 2:39am
- Joined Jun 2012 | Status: ケンジ | 21,416 Posts
{quote} no mojo yet
- #54,385
- Jan 8, 2015 3:09am Jan 8, 2015 3:09am
- Joined Jan 2014 | Status: Less is more ... | 9,059 Posts
Fix up, trade sharp ...
- #54,386
- Jan 8, 2015 3:51am Jan 8, 2015 3:51am
- Joined Feb 2014 | Status: Trader | 1,796 Posts
{quote} I like the way you think but that's a far fetched thought don't you think? 4th wave retrace is already done in a single zigzag to 38.2 (may be incomplete) On the contrary, if the current high is not taken out and it goes down for a c wave, that is more of a possibility.. This can happen if we get disappointing figures during Nfp. {image} {image}
1. when wave [ii] is simple, wave [iv] alternates to be complex
2. present wave b do not have the characteristic of a wave c (of a 5 waves impulse with distinct extremity)
3. also wave a, as you mentioned, does not look corrective
4. a new EW guideline indicates that running corrective 4th wave usually takes place in the 5th and C waves.
Therefore, wave [iv] is still in progress with complexity in the (b) wave.
Please excuse my waffling.
Elliott Wave for optimum entry, exit and risk management of trades
- #54,387
- Jan 8, 2015 5:38am Jan 8, 2015 5:38am
- Joined Nov 2006 | Status: Sting | 1,049 Posts
{quote} The market will do regardless of what I think - but just working on some EW guidelines that: 1. when wave [ii] is simple, wave [iv] alternates to be complex 2. present wave b do not have the characteristic of a wave c (of a 5 waves impulse with distinct extremity) 3. also wave a, as you mentioned, does not look corrective 4. a new EW guideline indicates that running corrective 4th wave usually takes place in the 5th and C waves. Therefore, wave [iv] is still in progress with complexity in the (b) wave. Please excuse my waffling.
Agreed .
You are right ... it's a possibility .
So according to your count ... there is a long way still to go in the bullish cycle..
Can you post a chart with your daily/weekly count ? fibs on chart will help greatly. thanks
STING
- #54,389
- Jan 8, 2015 6:06am Jan 8, 2015 6:06am
This pair constantly leads you to a false sense of security. Sends you loopy at times ha. 
Oil looks to have at least found support for a while, so if that had any large affect on UJ it might give it some relief for now.
On daily price is consolidating in a tighter and tighter range. Will lead to a break out one way or another with NFP tomorrow.
Currently long, bad news for US and I will close it manually. Otherwise am targeting 120.40 as TP level.
Oil looks to have at least found support for a while, so if that had any large affect on UJ it might give it some relief for now.
On daily price is consolidating in a tighter and tighter range. Will lead to a break out one way or another with NFP tomorrow.
Currently long, bad news for US and I will close it manually. Otherwise am targeting 120.40 as TP level.
- #54,390
- Jan 8, 2015 6:17am Jan 8, 2015 6:17am
This pair constantly leads you to a false sense of security. Sends you loopy at times ha.
- #54,392
- Jan 8, 2015 7:44am Jan 8, 2015 7:44am
- Joined Dec 2010 | Status: Foook Bollinger-dr.Kegel knows! | 9,794 Posts
- #54,394
- Jan 8, 2015 7:59am Jan 8, 2015 7:59am
- Joined Dec 2010 | Status: Foook Bollinger-dr.Kegel knows! | 9,794 Posts
- #54,396
- Jan 8, 2015 8:20am Jan 8, 2015 8:20am
- Joined Dec 2010 | Status: Foook Bollinger-dr.Kegel knows! | 9,794 Posts
- #54,397
- Jan 8, 2015 8:27am Jan 8, 2015 8:27am
- Joined Jun 2012 | Status: ケンジ | 21,416 Posts
{quote} Im gonna see what we gonna do next. no hurry till data. you stay oil rite. no change atm gold to 950?
Unlikely if seen as safe haven
I am only looking at 1180
- #54,398
- Jan 8, 2015 8:33am Jan 8, 2015 8:33am
- Joined Dec 2010 | Status: Foook Bollinger-dr.Kegel knows! | 9,794 Posts
- #54,399
- Jan 8, 2015 8:39am Jan 8, 2015 8:39am
- | Joined Aug 2014 | Status: Relaxed | 1,141 Posts
used to be undecided but nowadays can't make my mind up