Wow. What a bloodbath.
- Post #59,141
- Quote
- Feb 3, 2016 11:24am Feb 3, 2016 11:24am
- | Joined Jan 2015 | Status: Member | 39 Posts
- Post #59,143
- Quote
- Feb 3, 2016 12:14pm Feb 3, 2016 12:14pm
- | Joined Jan 2015 | Status: Member | 39 Posts
- Post #59,146
- Quote
- Feb 3, 2016 12:42pm Feb 3, 2016 12:42pm
- Joined Feb 2014 | Status: Member | 1,790 Posts
Hi there skyhok. Given the above image and count, doesn't this force a recount of the pair, as least as labels go? That retracement was far deeper than I anticipated. Technically, the move can go far shorter before it enters into the primary wave 2's territory, but that's really far away. Did you post an updated count to this forum after the strong move down? Thanks! (I was long and was stopped out. My long trade was a smaller internal retracement long. Such is life...damnit.)
Present PA is very unstable, I rather wait for this correction 4 to complete at the top and sell with some certainty.
Elliott Wave for optimum entry, exit and risk management of trades
- Post #59,149
- Quote
- Feb 3, 2016 1:07pm Feb 3, 2016 1:07pm
- | Joined Jan 2015 | Status: Member | 39 Posts
- Post #59,153
- Quote
- Feb 4, 2016 3:29am Feb 4, 2016 3:29am
- Joined Feb 2012 | Status: Member | 4,936 Posts
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
- Post #59,154
- Quote
- Feb 4, 2016 4:13am Feb 4, 2016 4:13am
- Joined Jun 2011 | Status: Swing trader using Market Cycles | 2,036 Posts
If the price fall below demand zone, then a correction can take place within major Monthly trend. Already in with locked profits :
Money moves the market, not an indicator.
- Post #59,156
- Quote
- Edited at 5:39am Feb 5, 2016 4:59am | Edited at 5:39am
- Joined Oct 2013 | Status: The only way out is through. | 1,774 Posts
116.00, will it hold??
Original Idea
https://www.tradingview.com/chart/US...5-Oil-Oil-Oil/
_____________________
also on TradingView @FXSayWhat
Original Idea
https://www.tradingview.com/chart/US...5-Oil-Oil-Oil/
_____________________
also on TradingView @FXSayWhat
Don't ask how long would it take. Ask how far would u go.
Bitcoin +1000% Return This Year:
507.9%
- Post #59,157
- Quote
- Feb 5, 2016 6:31am Feb 5, 2016 6:31am
- | Joined Feb 2016 | Status: Junior Member | 3 Posts
- Post #59,158
- Quote
- Feb 5, 2016 8:52am Feb 5, 2016 8:52am
- Joined May 2012 | Status: ...zzzzZZZ | 8,512 Posts
The nfp will be around 220-250 K today...Tandem with Adp which released 2 days ago...Forecasters who predict under 200K (consensus 190K) are underestimating the powerhouse Usa...Usd/Jpy pair will jump above 120 in a few sessions (maybe today !)...This year the pair will head to north around 140 by year end.
Carbon-Dioxide: the gas of life!
- Post #59,159
- Quote
- Feb 5, 2016 9:07am Feb 5, 2016 9:07am
- | Joined Oct 2014 | Status: Member | 913 Posts
