一个笨蛋的股指交易记录-------地狱级炒手

hefeiddd

Mar 27, 2008 6:20pm

tamervip Member Member Since Mar 2008 3 Posts

hi every one Attached Thumbnails

#2192    Mar 28, 2008 3:41am

Serega Member Member Since Jun 2007 162 Posts

:wave: hi everyone:wave: As previously i think cad will go up next month, at least 1000 pips. As for me now we at the last stage of forming of triangle. Its wave E. Attached Thumbnails

Mar 29, 2008 2:35pm

Stockvista Member Member Since Mar 2008 1 Posts

How ??? How is it ?

#2199    Mar 30, 2008 5:33am

aviro25 Novice Trader Member Since Apr 2007 35 Posts

Quote: Originally Posted by Serega You can take any material about waves and there you ll find about this rule. If we take 3 wave extended (as usual) it should be not less than 161.8% from the 1 wave by fibo. There are some other simple rules for labeling. By the way, looking at your count i thought you had known about it i thought i aware of the PHI in EW and fibonacci ratio.. thats why im asking you in case im missing something.. so ..could you please recount my picture so that i can see where is my mistakeS? i think thats the best solution i can understand where am i wrong. thank you in advance

#2200    Mar 30, 2008 2:20pm

Serega Member Member Since Jun 2007 162 Posts

Gbp/jpy daily. Its my view. It can also be mistaken Attached Thumbnails

hefeiddd

Mar 31, 2008 2:18pm

el grande Latagaw FOREX_ EWA Member Since Nov 2006   1,793 Posts

Experimenting on Divergence and EW GBPUSD seems likely to to form a TRIANGLE based on the EW count I got using Divergence as the main tool to distinguish between wave boundaries. This contradicts my broker's analysis and another Broker's EW count. I know I still have a long way to go on EW. But based on what I see and the guidelines I know and remember, The Zigzag option is scratched due to the 2 "A" waves which are both 3 wave structures on the Daily chart A 3 wave "A" is followed by a B flat or a triangle. But because the overall structure for w54 Magenta to me is now expected to be a Triangle instead of a Zigzag, then I would be expecting 5 legs which are all 3 wave in structure 3-3-3-3-3 because this is a wave 4 corrective wave. "A" was already in 3 wave structure "B is expected to be in 3 wave structure too. Initially I thought that the 3 wave structure is already finished, However, another 3 waves appeared as price went down from 2.0396 down to 1.9734. I therefore concluded that the "B" wave is not yet complete. so Price should still have room to go UP. And since the 3 wave move from 1.9337 going UP to 2.0396 was a 3wave structured wave "a" then based on the guideline of internal structures for corrective waves, since wave a3 was in 3 waves then "b" will eithr be a Zigzag or a triangle. In either case, price should still have room to go UP. After a lengthy explanation, it is still not definite that I am right on this one. Price and the Market still Rules Forex. I am just trying to apply what I can remember and what I see on my charts. EG Attached Thumbnails                   __________________ EW Counts are basically about increasing Probabilities. They are not Perfect. My EW Counts are Recommended for DEMO Trading only. They should be viewed as POTENTIAL Scenarios and MUST NEVER be considered as TRADE CALLS

#2204    Mar 31, 2008 2:59pm

el grande Latagaw FOREX_ EWA Member Since Nov 2006   1,793 Posts

GBPUSD continued GBPUSD 001 0353 PHI 040108 Divergence on 1min, 5min , 15min charts not very sure on 30min though EG Attached Thumbnails                   __________________ EW Counts are basically about increasing Probabilities. They are not Perfect. My EW Counts are Recommended for DEMO Trading only. They should be viewed as POTENTIAL Scenarios and MUST NEVER be considered as TRADE CALLS Last edited by el grande, Mar 31, 2008 3:45pm

#2205    Mar 31, 2008 4:09pm

el grande Latagaw FOREX_ EWA Member Since Nov 2006   1,793 Posts

Part 3 GBPUSD EW and Divergence GBPUSD Part 3 EG Attached Thumbnails          __________________ EW Counts are basically about increasing Probabilities. They are not Perfect. My EW Counts are Recommended for DEMO Trading only. They should be viewed as POTENTIAL Scenarios and MUST NEVER be considered as TRADE CALLS

hefeiddd

Mar 31, 2008 7:14pm

el grande Latagaw FOREX_ EWA Member Since Nov 2006   1,793 Posts

GBPUSD EW and Divergence Looks like...... again 1.9811 is the bottom. Divergence found already on 4hr chart which initially I was monitoring from 1min to 15min charts then later on seen on 30min and 1hour charts. Now that Divergence is already found on 4 hour chart, we may have seen the bottom for wave Xx which to me may still range and develop into a triangle on the 4hour chart and later breaking out to finish with the wave Z towards 2.0750-2.0790 which is the maximum for B of a Zigzag w54 EG 001 1243 PHI while I was undergoing a drawdown on 2 trades from yesterday, I managed to make 2 trades this morning before I left the office with a total of 3 + 18=21 pips. That was after price hit 1.9811 still have the 2 old Long trades. Attached Thumbnails          __________________ EW Counts are basically about increasing Probabilities. They are not Perfect. My EW Counts are Recommended for DEMO Trading only. They should be viewed as POTENTIAL Scenarios and MUST NEVER be considered as TRADE CALLS Last edited by el grande, Apr 1, 2008 1:13am

#2207    Apr 1, 2008 8:45am

Serega Member Member Since Jun 2007 162 Posts

Usd/jpy one hour Attached Thumbnails

#2208    Apr 1, 2008 7:45pm

el grande Latagaw FOREX_ EWA Member Since Nov 2006   1,793 Posts

GBPUSD GBPUSD 1.9734 has been BREACHED PLUS 4hour trendline has been surpassed to the downside. Though a pullback has been seen, I have changed my price outlook to the downside. These are merely my observations and thoughts. Some may trade these or some may use a contrarian view. each to his own. my views may or may not always reflect what I trade. I hedge and sometimes hold to trades depending on my risk tolerance for each trade. and I scalp inbetween. So do not follow my analysis blindly. use it as just a heads up for certain observations which hopefully can contribute to your analysis. EG __________________ EW Counts are basically about increasing Probabilities. They are not Perfect. My EW Counts are Recommended for DEMO Trading only. They should be viewed as POTENTIAL Scenarios and MUST NEVER be considered as TRADE CALLS Last edited by el grande, Apr 1, 2008 8:44pm

#2209    Apr 2, 2008 2:54am

Serega Member Member Since Jun 2007 162 Posts

Quote: Originally Posted by Serega Usd/jpy one hour Bingo!!!! two targets reached!!!!

#2210    Apr 3, 2008 3:36am

Serega Member Member Since Jun 2007 162 Posts

looking for short I suppose we are at the end of C wave that consists of 5 waves. Than another segment will start down. Attached Thumbnails

hefeiddd

Apr 6, 2008 3:48am

Serega Member Member Since Jun 2007 162 Posts

Cable and Gold Attached Thumbnails

#2214    Apr 9, 2008 1:46am

Serega Member Member Since Jun 2007 162 Posts

Hi all!!! Seems the pair gbp/usd is moving to our targets. Thats good news. Gold is standing. Here guys one variant of Usd/Jpy but i have to say that I doubt in it a litle bit. Trade your own vision. Wish you profits Attached Thumbnails

#2215    Apr 14, 2008 8:58pm

s3padrian Member Member Since Apr 2007 373 Posts

GBPUSD The 4H count shows a possible b-wave running triangle has finished in a complex wave-C of a higher degree. The 1H count shows that we may be starting wave-3 down from of the end triangle. We've got a new low past the wave-i, but it's currently being retraced. The new low might be wave-.b or an irregular flat, wave-2. If this is true, price should not retrace wave-b (because wave-b has fallen 138.2%) and wave-c would be equal to wave-c. I have a pending sell order. I might take another sell order with a stop at the nearest 1H top. Adrian

#2216    Apr 14, 2008 9:30pm

s3padrian Member Member Since Apr 2007 373 Posts

Looks to be a running triangle in the wave-4 position

#2217    Apr 15, 2008 6:29am

Serega Member Member Since Jun 2007 162 Posts

Good Counts Adrian I see you like triangles Wish you profits

#2218    Apr 15, 2008 6:52am

el grande Latagaw FOREX_ EWA Member Since Nov 2006   1,793 Posts

GBPUSD Potential GBPUSD update 001 d3 may not be over yet on the Daily chart. IMHO price may go UP to 1.9898 ( to touch the Magenta Broken line which is a Daily Resistance TL ) still before coming down for the e3 to finish the Falling wedge formed by wave "b" of wave "B" Attached Thumbnails    __________________ EW Counts are basically about increasing Probabilities. They are not Perfect. My EW Counts are Recommended for DEMO Trading only. They should be viewed as POTENTIAL Scenarios and MUST NEVER be considered as TRADE CALLS Last edited by el grande, Apr 15, 2008 7:18am

#2219    Apr 15, 2008 12:52pm

hussin naiji beginner Member Since Nov 2007   4,030 Posts

someone can give daily elliot wave analysis on chart ? Attached Thumbnails    __________________ Candles Exhaust Themselves to Give Light to Men

#2220    Apr 16, 2008 12:08am

s3padrian Member Member Since Apr 2007 373 Posts

Flat on EU after there was no huge burst. Here's a count on GBPJPY of a possible triangle pattern forming. I'm short, but will reverse with evidence of the alternate variation.

hefeiddd

Apr 16, 2008 2:23am

el grande Latagaw FOREX_ EWA Member Since Nov 2006   1,793 Posts

GBPUSD GBPUSD. I am still holding on to this triangle. a 3 wave structure has formed downward and the end consolidating on the downward support TL of the proposed triangle. I am still looking for price to go lower than 1.9545 which is the minimum for a FLAT B wave. So this proposed Triangle lower degree b should have its "e" wave extend lower than 1.9545. Therefore, this move up I would think is a wave "b" inside a 3 wave structure wave "e". retracement level is at the maximum 80% to qualify as a zigzag.... then a PLUNGE. if the retrace up should exceed 80%, then I would have to re think my wave count. EG update: 001 I would consider 1.9752 as TP Attached Thumbnails    __________________ EW Counts are basically about increasing Probabilities. They are not Perfect. My EW Counts are Recommended for DEMO Trading only. They should be viewed as POTENTIAL Scenarios and MUST NEVER be considered as TRADE CALLS Last edited by el grande, Apr 16, 2008 2:42am

#2223    Apr 16, 2008 4:49am

Serega Member Member Since Jun 2007 162 Posts

Hi Adrian, also had a break. here how i see the pair usd/chf two variants: brown - sell red - buy Attached Thumbnails

#2224    Apr 16, 2008 8:55am

el grande Latagaw FOREX_ EWA Member Since Nov 2006   1,793 Posts

GBPUSD Looks like I am stuck with my trades right now. Positions are equally hedged. I was expecting price to come down still. Although the maximum retrace I was looking at of 80% @ 1.9834 has not been reached yet...... current max of 1.9806 is quite near. Looking or using the FIB Extention tool though seems to indicate an Impulsive move has been made instead of a corrective set of waves as Price has even ezxceeded the FE 425. instead of staying within or below FE 161.8 EG update 001 2133 PHI next target is 1.9903..... by then I will look for opportunity to exit 1/2 of my long position. I am thinking that that could be the possible end of wave 1 up. Alternative move will be ( if price starts to come down again to 1.9500 ) is to just allow all trades run and let the long trades in a drawdown while the short trades to run in profit. Timing will be very important in this case. 002 2157 PHI m15 Resistance @ 1.9901 S1 @ 1.9707 S2 @ 1.9651 my thoughts on this would be for price to come down to either of these 2 Support levels on the 15min charts for the wave 4 down. then followed by a move up towards 1.9834. this means that the whole move from 1.9600 going up to 1.9806 is just the "A" leg of a 3 wave structured "B" of the wave "e" down for the triangle which is expected to make a throwover to the downside of the triangle to qualify for the over all FLAT wave "b" so first a move down towards 1.9707 or 1.9651 followed by a move up towards 1.9834 at most then followed by the new Plunge towards 1.9545 or lower. 003 2234 PHI new chart added watch out. looks like it will come down near the 2 levels I mentioned earlier. those were based on other systems. while this is based on EW. 004 2347 PHI note 15min 100 sma is at 1.9669.... based on a different system, this could provide a strong support well ahead of the initial 2nd target of 1.9651 I still think price will bounce from 1.9669 orn 1.9651 level to go up to 1.9834 max 005 0003 PHI 041708 added a chart outlining possible wave count before it happens. further fall than 1.9651 will mean my assumptions and count are wrong about price bouncing from the low of 1.9651 max to bounce toward 1.9834 006 0155 PHI Alternative Count on GBPUSD this anticipates a final move down now towards 1.9545.to finish wave "ce" of the smaller degree "b" of a higher degree B wave. This means that with this current move down, price will continue to go lower than 1.9651 and not bounce from this level. but continue to go down. Target with this count is at 1.9522 which is FE 100 of a 3 wave structured wave "ce" 007 0450 PHI Price retracing UP. I would not worry toomuch about this. Check 15min chart and you will see that this is just a retracement (IMHO). Then price will continue to go down. And it looks like it will continue to lower levels and will most likely exhibit a throw under for the Triangle or wedge as others would call it prior to reversing and return to the Bull trend in the Medium Term. 008 0512 PHI For those watching this notes. Remember that I have trades in opposite directions and are equally hedged. I was and am still looking for a point to unhedge. Yes, I have earlier stated above that price seems to be going down and that this move up is just a retracement. Be warned that now I have just checked my RSI based EW tracking and the moves/waves on the 15min chart have been showing 335 3 wave structures from 2.0049 . Current retrace IMHO could go up to 1.9750 or 1.9764 50 and 61.8% retrace of the move down from 1.9807 15min stochs is awaiting a cross back signal at overbought area while the 30min stochs is still heading up. a 3 wave structure has been formed from 1.9806 down to 1.9690, then a move up right now which I think would end on the 50-61.8% retrace up. To be followed by a 5 wave structure wave "c" DOWN. Attached Thumbnails            __________________ EW Counts are basically about increasing Probabilities. They are not Perfect. My EW Counts are Recommended for DEMO Trading only. They should be viewed as POTENTIAL Scenarios and MUST NEVER be considered as TRADE CALLS Last edited by el grande, Apr 16, 2008 5:20pm

hefeiddd

Apr 17, 2008 5:50pm

el grande Latagaw FOREX_ EWA Member Since Nov 2006   1,793 Posts

GBPUSD I may seem to have been online based on the status you saw yesterday. But the truth is, I actually left my computer running and the FF webpage open so it recorded I was online. Sorry about that fxpredator. I was not able to help you yesterday. I was just monitoring price thru my mobile as I was visiting clients yesterday. Anyway...... I have finally UNHEDGED my position for +4. It was almost 240 pip GAP. 1 trade hit my shallow TP of +10 which I forgot to adjust before I went to rest last night while the other I manually closed at -6. So Finally left with my old short trade and now with a new short trade of 50% of the old one. Entered @ 1.9909 SHORT. Counted 5 waves up 1.9600-1.9923 (323 pips) TP for now is 1.9723 which is the 61.8% retracement. That is if we consider this last move up as wave 1 of a "c" wave up. This retracement may not be enough to save or unhedge my old SHORT (from 1.9678) at profit nor at breakeven. But , let us see what can be done about it. I can keep nursing it while price completes this wave "c" Up and wait for price to come down again ( which could really run into a huge drawdown, but at least I will not register any loss which eventually I would still have to work hard to recover ). or I can take that loss when price hits 61.8% retracement and exit the old short trade for a loss of 55 pips which may be offset by the potential profit to be earned by new short trade which is 50% the size of the old one hhhmmm.... that would be equivalent to earning an equivalent of 90 pips then less the 55 pips still in the drawdown, Still a NET 35 pips potential profit. 2 possible scenarios then..... However, if this 5 wave up is the whole wave "c" up already..... then THIS would be SWEET as it would mean I can let both trades ride and RUN ALL THE WAY DOWN and look forward to both trades turning in to profit. EG PS. Looks like Adrian's wave B count was correct where B was an abc where "c" was an ending diagonal triangle which eneded at 1.9600 UPDATES 001 0641 PHI Still possible for 1.9980 for a final wave 5 on another system for tracking waves. But I will hold on to my short trades for now. worst case scenario, i will let them run even on a continuous drawdown, then re-assess my counts if it would be worth to find an opportunity to trade LONG or wait for signs of price coming down then either just wait for previous short to recover or put in a smaller short trade than the last one made. Attached Thumbnails    __________________ EW Counts are basically about increasing Probabilities. They are not Perfect. My EW Counts are Recommended for DEMO Trading only. They should be viewed as POTENTIAL Scenarios and MUST NEVER be considered as TRADE CALLS Last edited by el grande, Apr 17, 2008 6:56pm

#2228    Apr 18, 2008 12:07am

daytek Member Member Since Jan 2007 57 Posts

HEY HEY HEY! How is everybody around here these days? Please do comment on the following count, im looking for alternative scenarios on 30-60 mins for guppy. Thank you Attached Thumbnails    Last edited by daytek, Apr 18, 2008 12:08am Reason: Forgot the chart

#2229    Apr 18, 2008 3:21am

pipchaser Expect the unexpected Member Since Dec 2007 95 Posts

welcome again hi EG. i'm glad you have started to post again

#2230    Apr 18, 2008 4:21am

eye4spot The only way it's up! Member Since Nov 2007 196 Posts

this could start a great correction? corect me if i'm wrong.

#2231    Apr 19, 2008 5:54pm

burkejonathan Member Member Since Jul 2005 9 Posts

Here's where we are going with GBP. we have a contracting triangle formation in progress. This is pretty much set in stone as these are unbelievably reliable! Then down again from the target area. Looks like a great long on Sunday night into Monday. Here's the chart.. This a great Long opportunity, don't miss out. Use the camarilla lines Mq4 to jump in on a break of the H3 line. Back soon. Johan

#2232    Apr 21, 2008 7:30am

el grande Latagaw FOREX_ EWA Member Since Nov 2006   1,793 Posts

GBPUSD GBPUSD I will be watching the Stochastics to keep things as simple as possible. EG 001 1940 PHI if the move down was a wc2, it looks like it was just the 5 wave structure of a potential "a" of a Zigzag ABC for wc2. retracements are shown as ticked levels. note that this are suggested levels that price may turn around and head back down to make a 3 wave structured suggested Zigzag ABC which could be a C=A. 002 2003 PHI Looking at Stochastics, the ups and downs may represent the EW counts. the extended wa3 maybe that series of downward humps then followed by a rally which may be the wa4 up we may still be seeing a move down lower than the last low to finish off a wa5. I see the move down from 2.0024 as part of wave c2 down whihc normally will end at the 61.8% retracement @ 1.9761 from a different perspective, it may also be possible that wa leg in 5 wave structure may be finished @ 1.9810 and the move up is the "b" structure of wave 2 just throwing several options out. as for me, I am on my charts watching. have been having broadband connection problems since last friday. Attached Thumbnails            __________________ EW Counts are basically about increasing Probabilities. They are not Perfect. My EW Counts are Recommended for DEMO Trading only. They should be viewed as POTENTIAL Scenarios and MUST NEVER be considered as TRADE CALLS Last edited by el grande, Apr 21, 2008 3:03pm

hefeiddd

Apr 21, 2008 8:30pm

el grande Latagaw FOREX_ EWA Member Since Nov 2006   1,793 Posts

GBPUSD GBPUSD Reading the charts below may seem very confusing due to the numerous lines. But try scaling in and scaling out of the different TFs and check the FIB retracements and Extentions. You will see what I see. EG Attached Thumbnails                      __________________ EW Counts are basically about increasing Probabilities. They are not Perfect. My EW Counts are Recommended for DEMO Trading only. They should be viewed as POTENTIAL Scenarios and MUST NEVER be considered as TRADE CALLS Last edited by el grande, Apr 21, 2008 9:35pm

#2234    Apr 21, 2008 9:41pm

el grande Latagaw FOREX_ EWA Member Since Nov 2006   1,793 Posts

GBPUSD Alternative count GBPUSD Alternative count Attached Thumbnails    __________________ EW Counts are basically about increasing Probabilities. They are not Perfect. My EW Counts are Recommended for DEMO Trading only. They should be viewed as POTENTIAL Scenarios and MUST NEVER be considered as TRADE CALLS

#2235    Apr 22, 2008 8:09pm

el grande Latagaw FOREX_ EWA Member Since Nov 2006   1,793 Posts

GBPUSD GBPUSD went back down to meet the 61.8% retrace ( actual is 66%) That would have been a very nice level to go LONG realy heavy and it would have been very profitable. I personally have 3 trades starting at the 59% retrace but took them out at levels which just gave very little profits as it went up . It would have been better had I been watching my trades. Anyway, Am looking for opportunities to put in new long trades as price goes down for a retrace. Long term P is at 2.0659 for a C=A in a B wave on the Daily chart EG Attached Thumbnails          __________________ EW Counts are basically about increasing Probabilities. They are not Perfect. My EW Counts are Recommended for DEMO Trading only. They should be viewed as POTENTIAL Scenarios and MUST NEVER be considered as TRADE CALLS

hefeiddd

Apr 23, 2008 2:26am

pipchaser Expect the unexpected Member Since Dec 2007 95 Posts

M5 G/U this is my view on M5. we are in C wave. target 1.9880 area Attached Thumbnails

#2237    Apr 23, 2008 5:42am

el grande Latagaw FOREX_ EWA Member Since Nov 2006   1,793 Posts

Congratulations Pipchaser. The rally that followed that 161.8% FIB Extention was very profitable. the retrace brought up a new opportunity to set Long trades. EG __________________ EW Counts are basically about increasing Probabilities. They are not Perfect. My EW Counts are Recommended for DEMO Trading only. They should be viewed as POTENTIAL Scenarios and MUST NEVER be considered as TRADE CALLS

#2238    Apr 23, 2008 7:36am

s3padrian Member Member Since Apr 2007 373 Posts

Looks like we tried longing GU with it now returning to it's bottoms. Might still be a c-wave in a flat correction. I'm looking at the weekly pivot to long. If it crosses 1.9819 then we're not impulsive anymore

#2239    Apr 23, 2008 7:43pm

el grande Latagaw FOREX_ EWA Member Since Nov 2006   1,793 Posts

GBPUSD That Long on the Cable was short lived. But if one was not greedy and was watching the charts on the lower time frames, then one would now that 1. there was a nice profit to take by exiting or moving the SL to a profit level. 2. and by counting waves in the lower TF also will let one know a count is invalidated for the medium term. Since the earlier count on the lower time frame was invalidated, then moving up to higher time frames would should that it is possible that wave 2 inside the wave C up of the DAILY chart has expanded into a FLAT corrective wave which is developing the wave c down of the wave 2 of the C up. Looking at 1.9720 as potential end to this wC2c. EG __________________ EW Counts are basically about increasing Probabilities. They are not Perfect. My EW Counts are Recommended for DEMO Trading only. They should be viewed as POTENTIAL Scenarios and MUST NEVER be considered as TRADE CALLS

#2240    Apr 23, 2008 10:40pm

pipchaser Expect the unexpected Member Since Dec 2007 95 Posts

Quote: Originally Posted by el grande Congratulations Pipchaser. The rally that followed that 161.8% FIB Extention was very profitable. the retrace brought up a new opportunity to set Long trades. EG Thanks a lot EG. I hope you enjoyed those pips as well. Good luck

#2241    Apr 25, 2008 1:43am

pipchaser Expect the unexpected Member Since Dec 2007 95 Posts

GU H1 we have finished wave 2 or B. IMH W3 or C is on its way. Good luck Attached Thumbnails

#2242    Apr 25, 2008 3:29am

pipchaser Expect the unexpected Member Since Dec 2007 95 Posts

GU H1 well my count was wrong, w2 or B is not finished yet. Attached Thumbnails

#2243    Apr 25, 2008 5:04am

pipchaser Expect the unexpected Member Since Dec 2007 95 Posts

cable h1 IMO we had a W c5 failure and now W2 or B is complete. we have a nice bullish engulfing and a good moment to enter long will be at the break of 1.9770 area. What do you think EG? Good luck Attached Thumbnails

hefeiddd

Apr 27, 2008 8:57am

kevmcfoster Jai Shewaramani Member Since Sep 2006 82 Posts

EUR/USD 4 hour Seems like we are gonna head up again pretty soon Attached Thumbnails    __________________ It is better to be approximately right than precisely wrong To be the Best, you have to beat the Rest!!! It doesn't matter what you know, it's how you use it...

#2246    Apr 27, 2008 9:34am

scyang You never know Member Since Apr 2008 1,314 Posts

Quote: Originally Posted by kevmcfoster EUR/USD 4 hour Seems like we are gonna head up again pretty soon I am a newbie and just beginning to learn. Could you tell me what you see in the chart and where you expect eurusd to go in beginning day or two next week? Thanks.

#2247    Apr 27, 2008 5:21pm

kevmcfoster Jai Shewaramani Member Since Sep 2006 82 Posts

Quote: Originally Posted by scyang I am a newbie and just beginning to learn. Could you tell me what you see in the chart and where you expect eurusd to go in beginning day or two next week? Thanks. Hi Elliot wave is very subjective. so im just speculating on elliot wave counts that the next move is up to atleast 1.5735 or higher __________________ It is better to be approximately right than precisely wrong To be the Best, you have to beat the Rest!!! It doesn't matter what you know, it's how you use it...

#2248    Apr 30, 2008 10:43am

pipchaser Expect the unexpected Member Since Dec 2007 95 Posts

GBP/JPY H4 This is my view on GJ H4 tf. Any opinions are welcome. Good luck Attached Thumbnails

#2249    Apr 30, 2008 10:39pm

pipchaser Expect the unexpected Member Since Dec 2007 95 Posts

GJ H4 IMO wave B is complete, we are now in wave C which is an impulse wave. I'm waiting as wave C to touch 200.29 but time will tell. Good luck Attached Thumbnails

#2250    May 1, 2008 4:20pm

tamervip Member Member Since Mar 2008 3 Posts

hi this is my chart defrent account in GBp gpy and w is your opinion in my acco in GBp usd Attached Thumbnails

hefeiddd

May 1, 2008 7:04pm

kevmcfoster Jai Shewaramani Member Since Sep 2006 82 Posts

Seems like the correction continues Attached Thumbnails    __________________ It is better to be approximately right than precisely wrong To be the Best, you have to beat the Rest!!! It doesn't matter what you know, it's how you use it...

#2252    May 2, 2008 8:50am

kevmcfoster Jai Shewaramani Member Since Sep 2006 82 Posts

Perfect NFP fall??? Attached Thumbnails    __________________ It is better to be approximately right than precisely wrong To be the Best, you have to beat the Rest!!! It doesn't matter what you know, it's how you use it...

#2253    May 3, 2008 9:19pm

tamervip Member Member Since Mar 2008 3 Posts

MY CHART Attached Thumbnails

#2254    May 5, 2008 10:00am

kevmcfoster Jai Shewaramani Member Since Sep 2006 82 Posts

Seems like the 1st leg of the correction is over...or is it tht the correction is over? I guess we will have to wait and see... Attached Thumbnails    __________________ It is better to be approximately right than precisely wrong To be the Best, you have to beat the Rest!!! It doesn't matter what you know, it's how you use it...

#2255    May 7, 2008 5:14pm

kevmcfoster Jai Shewaramani Member Since Sep 2006 82 Posts

Wondering if the decline was end of wave 2 or extended correction? only time will tell Attached Thumbnails    __________________ It is better to be approximately right than precisely wrong To be the Best, you have to beat the Rest!!! It doesn't matter what you know, it's how you use it...

#2256    May 8, 2008 4:40pm

kevmcfoster Jai Shewaramani Member Since Sep 2006 82 Posts

Making sense of the non-sense Attached Thumbnails    __________________ It is better to be approximately right than precisely wrong To be the Best, you have to beat the Rest!!! It doesn't matter what you know, it's how you use it...

#2257    May 8, 2008 4:53pm

kevmcfoster Jai Shewaramani Member Since Sep 2006 82 Posts

Another scenario as per the 1 hour chart...if its a 5-3-5 structure...then we might have a downfall untill 1.5200....hmmm...this correction is giving us some issues to think bout... Attached Thumbnails    __________________ It is better to be approximately right than precisely wrong To be the Best, you have to beat the Rest!!! It doesn't matter what you know, it's how you use it...

#2258    May 11, 2008 2:40am

pipchaser Expect the unexpected Member Since Dec 2007 95 Posts

GBPJPY Quote: Originally Posted by pipchaser IMO wave B is complete, we are now in wave C which is an impulse wave. I'm waiting as wave C to touch 200.29 but time will tell. Good luck Wave B was higher than I thought but Wave C touched 200.29 (and lower) on Friday and closed above. I will wait to see a clear direction of geppy. Good luck Attached Thumbnails

#2259    May 12, 2008 7:13pm

kevmcfoster Jai Shewaramani Member Since Sep 2006 82 Posts

. Attached Thumbnails    __________________ It is better to be approximately right than precisely wrong To be the Best, you have to beat the Rest!!! It doesn't matter what you know, it's how you use it...

hefeiddd

May 12, 2008 11:08pm

el grande Latagaw FOREX_ EWA Member Since Nov 2006   1,793 Posts

CABLE charts PREViously drawn charts Attached Thumbnails            __________________ EW Counts are basically about increasing Probabilities. They are not Perfect. My EW Counts are Recommended for DEMO Trading only. They should be viewed as POTENTIAL Scenarios and MUST NEVER be considered as TRADE CALLS

#2261    May 12, 2008 11:10pm

el grande Latagaw FOREX_ EWA Member Since Nov 2006   1,793 Posts

yesterday's charts yesterday's charts Attached Thumbnails                __________________ EW Counts are basically about increasing Probabilities. They are not Perfect. My EW Counts are Recommended for DEMO Trading only. They should be viewed as POTENTIAL Scenarios and MUST NEVER be considered as TRADE CALLS

#2262    May 12, 2008 11:13pm

el grande Latagaw FOREX_ EWA Member Since Nov 2006   1,793 Posts

today's charts today's charts a retracement has occurred which is more of a 535 from the high of 1.9632. this could be abc or 123. but if we look at the upward retracement of this move down, it only made a 38.2% retrace which is a bit unlikely or seldom for a wave 2 to do. this would be more expected from a zigzag wave where c = a will or also can occur. checking the fibs on the chart it has almost touched the FE 100.0 (1.9513)although it can still come down to as low as 1.9466 which is the FE 161.8 if it goes lower than 1.9466, this will be first caution level for me for a possible 123 instead of abc. final confirmation would be if price goes for a lwoer level than 1.9442 which is previous last low. it would be worthy to also note that the decline from 1.9632 , this move has made a near perfect 61.8% retracement which is quite common with wave 2s. so adding up all this fib retracements and fib extention levels I have been working on based on what I have read in various references. I am more inclined to consider this as a wave 2 and soon we will see CABLE starting its ascent. note that for now this ascent that I am looking forward to is just to complete the wave B up towards the 2.0500 or higher before the big wave C down to the lows of 1.9000 or lower to 1.8700. EG Attached Thumbnails       __________________ EW Counts are basically about increasing Probabilities. They are not Perfect. My EW Counts are Recommended for DEMO Trading only. They should be viewed as POTENTIAL Scenarios and MUST NEVER be considered as TRADE CALLS

#2263    May 12, 2008 11:24pm

el grande Latagaw FOREX_ EWA Member Since Nov 2006   1,793 Posts

wave 3 on the 5min chart was seen on the FE 100.o @ 1.9537/9 followed by a small pullback for wave 4 at 1.9534. expecting wave 5 to reach 1.9552 very near the level fo the wave 4 of smaller degree of previous impulse wave @ 1.9554 expecting a rtracement down towards 1.9530 before the nice rally . EG __________________ EW Counts are basically about increasing Probabilities. They are not Perfect. My EW Counts are Recommended for DEMO Trading only. They should be viewed as POTENTIAL Scenarios and MUST NEVER be considered as TRADE CALLS

#2264    May 13, 2008 3:41am

el grande Latagaw FOREX_ EWA Member Since Nov 2006   1,793 Posts

BULLISH stance on the CABLE has been affected by the retracement from 1.9632. it has now retraced downwards by about 76.4%. visually and pattern wise including the application of ew guidelines, the move down from 1.9632 can be seen as a 5 wave structure which even follows the rule on wave 4 not overlapping with wave 1. this then puts my count in a a bit of a quandary. 5 waves up then 5 waves down. but applying a linear regression channel on that move down from 1.9632, the price on the 15min chart has stayed inside the channel. NOTE that the last leg ended as an ending diagonal triangle. could be an abcde FLAG or PENNANT pattern which is a continuation pattern . TO me it is likely now that we will see 1.9632 again. INITIALLY I would have gone for a 61.8% retracement towards 1.9574, but that would mean that this 5 waves in a downward channel will be considered as wave 1 down of a much bigger wave 5 down while that initial 5 waves up from 1.9442 will have to be considered as a 3 wave structure and a zigzag wave up.... but come to think of it, stochastics pattern somehow spells it as such. I am out of the market now except for 2 long trades from the 1.99 level that I am still nursing. have collected a nice bunch of pips today with this up and down movement. will stay on the sideline to watch preice if it retraces to that 61.8% level up then fall or will it continue to go up. EG __________________ EW Counts are basically about increasing Probabilities. They are not Perfect. My EW Counts are Recommended for DEMO Trading only. They should be viewed as POTENTIAL Scenarios and MUST NEVER be considered as TRADE CALLS

#2265    May 14, 2008 2:59am

Serega Member Member Since Jun 2007 162 Posts

Hello wavers!!! Usd/jpy H4. Wish you profits Attached Thumbnails

hefeiddd

May 14, 2008 9:33am

el grande Latagaw FOREX_ EWA Member Since Nov 2006   1,793 Posts

Cable SL for trading wave 5 up is at 1.9410 Possible wave 1 UP (red) end at FE 61.8 wave 0-3-4 @ 1.9500 Looking for wave 2 to fill GAP EG UPDATE: looks like a failed one already. alternative is an irregular FLAT Attached Thumbnails    Attached Images   __________________ EW Counts are basically about increasing Probabilities. They are not Perfect. My EW Counts are Recommended for DEMO Trading only. They should be viewed as POTENTIAL Scenarios and MUST NEVER be considered as TRADE CALLS Last edited by el grande, May 14, 2008 10:07am

#2267    May 14, 2008 1:37pm

el grande Latagaw FOREX_ EWA Member Since Nov 2006   1,793 Posts

ALTERNATIVE count for a possible anomaly IN as much as I want Cable to begin its ascent, this possible STOCHASTICS reading anomaly against the price dips do not seem to match up. Divergence I think still need to exhibit oversold / overbought levels at wave ends. EG Attached Thumbnails    __________________ EW Counts are basically about increasing Probabilities. They are not Perfect. My EW Counts are Recommended for DEMO Trading only. They should be viewed as POTENTIAL Scenarios and MUST NEVER be considered as TRADE CALLS

#2268    May 18, 2008 4:46pm

kevmcfoster Jai Shewaramani Member Since Sep 2006 82 Posts

Another fall in Usd/Jpy? Attached Thumbnails    __________________ It is better to be approximately right than precisely wrong To be the Best, you have to beat the Rest!!! It doesn't matter what you know, it's how you use it...

#2269    May 19, 2008 2:55pm

s3padrian Member Member Since Apr 2007 373 Posts

Well I haven't posted a chart in a long time on USDJPY, so here's one! Right now USDJPY is not very clear on the long term. We've had overlap on several degrees, and the 1,2,1,2 pattern did not fall in a decreasing Fibonacci relationship; however, the price patterns of the current rally have been very corrective; therefore, price should start making lows. Unfortunately, to my knowledge, the current price patterns do not dictate when these new lows will take place. I've been sitting patiently waiting for signs of the mid-term direction. I look forward to discussing it with you. Adrian Attached Thumbnails

#2270    May 20, 2008 5:41pm

kevmcfoster Jai Shewaramani Member Since Sep 2006 82 Posts

. Attached Thumbnails          __________________ It is better to be approximately right than precisely wrong To be the Best, you have to beat the Rest!!! It doesn't matter what you know, it's how you use it... Last edited by kevmcfoster, May 20, 2008 6:29pm

hefeiddd

May 21, 2008 1:25am

farawave Member Member Since May 2008 2 Posts

GOLD H1 Daily & Weekly

#2275    May 22, 2008 10:17am

kevmcfoster Jai Shewaramani Member Since Sep 2006 82 Posts

so far so good.... Attached Thumbnails       __________________ It is better to be approximately right than precisely wrong To be the Best, you have to beat the Rest!!! It doesn't matter what you know, it's how you use it...

#2276    May 26, 2008 12:19pm

money Multiple Usernames Member Since Jul 2007   106 Posts

GBP/JPY Hey traders, whats up... Market its a litlle crazy in the last two weeks...I believe that this are very hard days for EW traders, so just a few pips its a lot in the days like this.... However, there is somethnig interesting on GBP/JPY.... looks like we have double zigzag, so maybe the short positions are not so far away....I would deffinatly short this one today, but as we all now, there is holiday in US and UK, so I will wait till tommorow to see how will turn this out.... Ok, the only thing that bothers me on this one is that price bounced from 200 simple MA on 2h timeframe...so I beieve that after breaking this zone, should MA become very strong resistance to push prices lower...and then could be new trend in process... If you look at the chart below, its obvious that we have impulsive wave from Friday...so today we deffinatly could be in a correction...However I am expecting something like simple zigzag or flat with irregular B..esspecially if we have in mind that first wave a oif II is a three wave move... Today we could see price to go up in to the same area as previous wave iv of lesser degree..A lot of times the wave 2 find the resistance as wave iv of lesser degree..in our case around 205,30.... Its also interesting that first zigzag is equal extacly at 395 pips as the second zigzag.... See ya, Grega Last edited by money, May 26, 2008 3:55pm

#2277    May 26, 2008 6:18pm

kevmcfoster Jai Shewaramani Member Since Sep 2006 82 Posts

GBPJPY 4 HOUR Attached Thumbnails    __________________ It is better to be approximately right than precisely wrong To be the Best, you have to beat the Rest!!! It doesn't matter what you know, it's how you use it...

#2278    May 27, 2008 2:22am

Serega Member Member Since Jun 2007 162 Posts

USD/CAD DAY Attached Thumbnails

#2279    May 27, 2008 7:11am

kevmcfoster Jai Shewaramani Member Since Sep 2006 82 Posts

Irrelevant post to forex... For people who do care bout the Dow...here's my view on the 4 hour Dow chart... 2 possibilities... Also, the crude oil scenario... Attached Thumbnails       __________________ It is better to be approximately right than precisely wrong To be the Best, you have to beat the Rest!!! It doesn't matter what you know, it's how you use it... Last edited by kevmcfoster, May 27, 2008 8:02am Reason: Adding crude

#2280    May 27, 2008 6:02pm

kevmcfoster Jai Shewaramani Member Since Sep 2006 82 Posts

eur/usd and usd/jpy...both moving nicely Attached Thumbnails       __________________ It is better to be approximately right than precisely wrong To be the Best, you have to beat the Rest!!! It doesn't matter what you know, it's how you use it...

hefeiddd

May 29, 2008 2:35am

Serega Member Member Since Jun 2007 162 Posts

Usd/chf possible count. As for me we are at the end of correcti. I expect on another move down. But we should be careful, because if the high 1.0600 will be broken, tha pair can rush up Attached Thumbnails    Last edited by Serega, May 29, 2008 2:48am

#2282    May 29, 2008 3:04am

Serega Member Member Since Jun 2007 162 Posts

Looking on cable... Attached Thumbnails

#2283    May 29, 2008 10:01am

kevmcfoster Jai Shewaramani Member Since Sep 2006 82 Posts

Euro/usd and gbp/jpy Attached Thumbnails       __________________ It is better to be approximately right than precisely wrong To be the Best, you have to beat the Rest!!! It doesn't matter what you know, it's how you use it...

#2284    May 29, 2008 7:29pm

kevmcfoster Jai Shewaramani Member Since Sep 2006 82 Posts

Adjusting count for usdjpy Attached Thumbnails    __________________ It is better to be approximately right than precisely wrong To be the Best, you have to beat the Rest!!! It doesn't matter what you know, it's how you use it...

#2285    May 30, 2008 12:17pm

el grande Latagaw FOREX_ EWA Member Since Nov 2006   1,793 Posts

Daily Charts for Cable Note that this is just a follow thru of previous meduim term forecast for GBPUSD. If you will check previous charts on Daily and weekly forecast, I have explained there that I am looking for a C wave Up to complete a the Big B wave of a FLAT or Irregular Flat which could potentially end at least at 90% of the Big wave A ( 90% @ 2.0975 ) or at the most towards the 132% of Big wave A @ 2.1861. Rememebr that the Path to the wave's end is not direct. Completion could take weeks or months while Cable whipsaws price as it works its way Up. EG Attached Thumbnails          __________________ EW Counts are basically about increasing Probabilities. They are not Perfect. My EW Counts are Recommended for DEMO Trading only. They should be viewed as POTENTIAL Scenarios and MUST NEVER be considered as TRADE CALLS

hefeiddd

May 31, 2008 6:31pm

el grande Latagaw FOREX_ EWA Member Since Nov 2006   1,793 Posts

Below is the original chart to trace history of above analysis and charts. Followed by what seems to be happening on the lower timeframes. EG Attached Thumbnails       Attached Images    __________________ EW Counts are basically about increasing Probabilities. They are not Perfect. My EW Counts are Recommended for DEMO Trading only. They should be viewed as POTENTIAL Scenarios and MUST NEVER be considered as TRADE CALLS

#2287    Jun 1, 2008 2:36am

ffujifilm Be Consistent Profiting Trader Member Since Apr 2008   169 Posts

new member for this thread hi eg, Just found ure thread.I also wanna learn EW from u.Still beginner in EW. Hope i can have informative resource from this thread. Thanks __________________ Welcome to My Blog!!

#2288    Jun 1, 2008 4:21am

OwningSoros Member Since May 2008 138 Posts

http://www.dailyfx.com/story/special...814189581.html http://www.dailyfx.com/story/special...814189581.html is the above report correct?

#2289    Jun 1, 2008 8:33am

el grande Latagaw FOREX_ EWA Member Since Nov 2006   1,793 Posts

Potential Micro EW Count for Cable Initially, I was thinking there could be a possible reversal now for Cable ( short term ) considering that a Possible Bearish Harmonic Pattern can be seen on the 5minute and 1minute charts. To top it off, a possible multiple resistance is seen on the 1 minute chart But trying to use MACD to help discern possible wave divisions and using Divergence to further validate wave turns, then I also realived a possible ending diagonal triangle wave 5 in the offing..... I am now inclined to have a bias towards a small further push UP from the multiple resistancefor the final wave 5 which would then complete the ending diagonal triangle or still have that possible throwover... Afterwhich Cable may be seen to retrace its way down towards first the base of that ending diagonal triangle which is near the lev el of 38.2% of the whole climb from Friday. other possible retracement levels are 50% @ 1.9755 and 61.8% @ 1.9738.(usual). But we have to remember that Cable is most likely in a wave 3 of a higher degree wave C which normally exhibits a strong urge of getting back on the trend without the usual 61.8% retracement. And most likely it would only retrace by 38.2% and this somehow coincides with the usual characteristics of price which just underwent an ending Diagonal triangle where Price would normally retrace towards the base of that ending diagonal triangle. These are all probabilities. you need to have other factors to convince yourself that this is what is actually going to happen. EG PS. ffujifilm..... Welcome to the thread. I cannot offer resources to learn from here except to lead you to the url of www.elliottwave.com Attached Thumbnails                   __________________ EW Counts are basically about increasing Probabilities. They are not Perfect. My EW Counts are Recommended for DEMO Trading only. They should be viewed as POTENTIAL Scenarios and MUST NEVER be considered as TRADE CALLS

hefeiddd

Jun 1, 2008 5:42pm

kevmcfoster Jai Shewaramani Member Since Sep 2006 82 Posts

gbpjpy n eurjpy Attached Thumbnails       __________________ It is better to be approximately right than precisely wrong To be the Best, you have to beat the Rest!!! It doesn't matter what you know, it's how you use it... Last edited by kevmcfoster, Jun 1, 2008 5:58pm

#2291    Jun 1, 2008 6:46pm

el grande Latagaw FOREX_ EWA Member Since Nov 2006   1,793 Posts

Caution on Cable Note following levels if breached 1.9683 warning 1.9673 ew count is invalidated Retracement for w2 went deeper than I expected. therefore it cannot be wave 2 anymore because it has gone lower than the wave 31 origin I had initially labelled. if you were not greedy after seeing the potential ending diagonal triangle on the 5min chart then a short trade as the market opened would have put you in a lot of profit now. Price seems to be looking for more downside movement now. EG PS....if the downside movement proceeds to breach the levels enumerated above, then I would look at the 50-61.8% retrace from the lower level @ 1.9364 these would be FE 100 @ 1.9636 FE 161.8 @ 1.9529 which incidentally also falls near a median line on the 4hour chart plus this is also at the 61.8% retrace (1.9548) Bulls will have to give in to the bears for now so the bears can join the Bulls to 2.0000+ __________________ EW Counts are basically about increasing Probabilities. They are not Perfect. My EW Counts are Recommended for DEMO Trading only. They should be viewed as POTENTIAL Scenarios and MUST NEVER be considered as TRADE CALLS Last edited by el grande, Jun 1, 2008 6:59pm

#2292    Jun 3, 2008 9:07am

kevmcfoster Jai Shewaramani Member Since Sep 2006 82 Posts

GBPUSD daily and DOW 1 hour Attached Thumbnails       __________________ It is better to be approximately right than precisely wrong To be the Best, you have to beat the Rest!!! It doesn't matter what you know, it's how you use it...

#2293    Jun 4, 2008 2:41am

s3padrian Member Member Since Apr 2007 373 Posts

Still lots of possibilities out there for USDJPY. Here's what I see so far. I'm not going to rule out a rally to 107 though. It's been in my head for awhile. Attached Thumbnails

#2294    Jun 4, 2008 6:30am

el grande Latagaw FOREX_ EWA Member Since Nov 2006   1,793 Posts

Cable "PS....if the downside movement proceeds to breach the levels enumerated above, then I would look at the 50-61.8% retrace from the lower level @ 1.9364 these would be FE 100 @ 1.9636 FE 161.8 @ 1.9529 which incidentally also falls near a median line on the 4hour chart plus this is also at the 61.8% retrace (1.9548) Bulls will have to give in to the bears for now so the bears can join the Bulls to 2.0000+" Above is from an earlier post... Based 0n EW , Cable has hit 61.8% retracement @ 1.9548 1. 1.9535 has been achieved as of London session 2. There is a Bullish Harmonic Pattern on the 4hour and 1hour charts with a range End of 1.9577 - 1.9470 3. I am missing Divergence on the 15 minute chart to signal a return to the UPTREND for now, my Cable Long Trades are under a drawdown 8 in all. Out of the 3 long term short trades I have nursed for almost 2 months, have exited 1st for a 4 pip loss while the 2nd which was relieved today was out for +3. Now I still have 1 remaining Short trade which I hope to relieve come US session. GBPJPY.... 1 more DIP lower than 204.53 to complete the Divergence on 15min chart for this correction to the UPTREND Bullish Harmonic Pattern on the 15min, 30min and 1hr charts down to 204.39 Lacking Divergence on 1hr, 30min, 15min and 5min charts @2209 PHI Cable Divergence on the 15min chart right b4 news. waiting for 5min and 1min Divergence __________________ EW Counts are basically about increasing Probabilities. They are not Perfect. My EW Counts are Recommended for DEMO Trading only. They should be viewed as POTENTIAL Scenarios and MUST NEVER be considered as TRADE CALLS Last edited by el grande, Jun 4, 2008 10:01am

#2295    Jun 4, 2008 3:48pm

s3padrian Member Member Since Apr 2007 373 Posts

GBPJPY is definitely showing a sign to the down size, unfortunately we don't know when it will start falling.

hefeiddd

Jun 7, 2008 8:04am

zweig Member Member Since Jun 2008 47 Posts

eur/jpy hallo traders.. ive attached a daily chart of the eur/jpy where we can see its in a rising wedge formation.we all its a trend reversal setup. you can see ive got 4 legs in the wedge and we looking for the final leg to 5 . can anyone help me out with the elliot wave formula,where possible leg 5 will be. can you also tell me how do you work the final leg out. Attached Thumbnails

#2297    Jun 7, 2008 10:30am

zweig Member Member Since Jun 2008 47 Posts

anyone one want to help the final leg target before trend revers?

#2298    Jun 8, 2008 7:45am

money Multiple Usernames Member Since Jul 2007   106 Posts

EUR/JPY Zwieg, to honest, i dont see prices so low at this time, esspeccialy if I have right about possiblle correction structure named FLAT with 3-3-5 subwaves. Now are more actual long positions, cause resistance line from July 07, has been broken, and in many cases prices retraces to this line, which should become support now. So i see very good opportunity to hold long position after pullaback to 164,00-164,00 zone. Look the picture.. See you, Grega.

#2299    Jun 8, 2008 8:01am

zweig Member Member Since Jun 2008 47 Posts

ok mmoney,ive seen what you mean, a bit dissapointed in this pair ,wait so long for this pair to tumble to the south,but it seem its not gonna happen,thnx for youre reply

#2300    Jun 8, 2008 12:00pm

ffujifilm Be Consistent Profiting Trader Member Since Apr 2008   169 Posts

geepy Hi EG or anyone, If u have time just comment my counting...is it valid? Attached Thumbnails    __________________ Welcome to My Blog!!

#2301    Jun 9, 2008 9:39am

ffujifilm Be Consistent Profiting Trader Member Since Apr 2008   169 Posts

Quote: Originally Posted by ffujifilm Hi EG or anyone, If u have time just comment my counting...is it valid? Break the wave rules.Its invalid now.. __________________ Welcome to My Blog!!

#2302    Jun 29, 2008 9:09am

marketwavez Senior Member Member Since Nov 2006   768 Posts

Usd/Cad Short Term wave-count ............... --------------------------------------------------- Only a Probability !..................... Not Cast in Stone ----------------------------------------------------

hefeiddd

Jun 30, 2008 7:11pm

marketwavez Senior Member Member Since Nov 2006   768 Posts

Usd/Cad Yesterday .....to..........Today ! -------------------------------------------- Gap now closed ........... --------------------------------------------------- Original Post : .......See Post # 2302 Wave " C " Rally Long @ .0096 ( Stop .0065 ) ............... Targets ( See chart below ) ///////////////////////////////////////////////////////////////////////////////// Attached Thumbnails       Last edited by marketwavez, Jul 1, 2008 7:56am

#2304    Aug 1, 2008 9:41am

el grande Latagaw FOREX_ EWA Member Since Nov 2006   1,793 Posts

GBPUSD 4hour chart wave count. Note that this is how I see Price to be developing. I have already closed my last short trade. Have set myself up for LONG Trades. looking for price to achieve 90% retrace at least if this wave 4 corrective wave expansion is a FLAT. Why possibly a FLAT? THere are 5 overlapping zigzag waves which can be grouped into just 3. For A to be in 3 wave structure, Wave B is expected to be either a FLAT or a TRIANGLE. If a FLAT, the price should retrace by at least 90% up to 132% while if a triangle this should be about 61.8% for Leg "a". While a do not hold any short right now, I have several Long trades. NO SL so I would strongly advise anyone planning to use my chart as basis for their trade NOT TO DO SO unless you are ready to face the consecquences. if it goes down, there is no SL while if it goes up then I look for the completion of wave B. Attached Thumbnails       __________________ EW Counts are basically about increasing Probabilities. They are not Perfect. My EW Counts are Recommended for DEMO Trading only. They should be viewed as POTENTIAL Scenarios and MUST NEVER be considered as TRADE CALLS Last edited by el grande, Aug 1, 2008 1:15pm

#2305    Aug 3, 2008 11:37am

Donadoney Member Member Since Apr 2006   185 Posts

A head and shoulders is an ABC correction what happens to the count after the correction? Is the uptrend going to continue...and what would the count look like if it did? Or is a head and shoulders the beginning of a downtrend in the case of the end of a bull market...and what would the count look like?

#2306    Aug 3, 2008 12:23pm

12345abc Member Member Since Jul 2008 34 Posts

It depends on where it is in the cycle if it forms off 5,5,5,5 then it's at least an extreme corection....if it happens of just one count of 5 (small degree) it's a wave 2

#2307    Aug 3, 2008 9:08pm

el grande Latagaw FOREX_ EWA Member Since Nov 2006   1,793 Posts

Gbpusd_080408_ew Analysis Videos I tried attaching or embedding links to this post hoping to have the videos showing on the thread itself instead of going to You Tube. Unfortunately, it is not possible to show the video here just like on the Blogger website. May I suggest to FF Moderators/owners to look into this possiblity so that we need not get out of the FF website to watch video presentation of presentations related to forex trading. You can check how Blogger does it. I know because I was able to do this on my Blog. It makes for better and easier organizing of video presentations. EG __________________ EW Counts are basically about increasing Probabilities. They are not Perfect. My EW Counts are Recommended for DEMO Trading only. They should be viewed as POTENTIAL Scenarios and MUST NEVER be considered as TRADE CALLS Last edited by el grande, Aug 4, 2008 9:18am

#2308    Aug 4, 2008 9:27am

el grande Latagaw FOREX_ EWA Member Since Nov 2006   1,793 Posts

GBPUSD_080408 GBPUSD_080408_240min Attached Thumbnails    __________________ EW Counts are basically about increasing Probabilities. They are not Perfect. My EW Counts are Recommended for DEMO Trading only. They should be viewed as POTENTIAL Scenarios and MUST NEVER be considered as TRADE CALLS

#2309    Aug 4, 2008 4:24pm

el grande Latagaw FOREX_ EWA Member Since Nov 2006   1,793 Posts

GBPUSD Attached Thumbnails    __________________ EW Counts are basically about increasing Probabilities. They are not Perfect. My EW Counts are Recommended for DEMO Trading only. They should be viewed as POTENTIAL Scenarios and MUST NEVER be considered as TRADE CALLS

hefeiddd

Aug 6, 2008 1:51pm

mvusal Member Member Since Aug 2008 1 Posts

eurusd: is it bottom? Hi everybody. Here is my view for eurusd Attached Thumbnails

Dec 27, 2008 8:42pm

el grande Latagaw FOREX_ EWA Member Since Nov 2006   1,793 Posts

GBPUSD Here are some notes on the Cable. EG Attached Thumbnails                      __________________ EW Counts are basically about increasing Probabilities. They are not Perfect. My EW Counts are Recommended for DEMO Trading only. They should be viewed as POTENTIAL Scenarios and MUST NEVER be considered as TRADE CALLS Last edited by el grande, Dec 27, 2008 8:56pm

hefeiddd

Dec 30, 2008 10:15am

el grande Latagaw FOREX_ EWA Member Since Nov 2006   1,793 Posts

Cable Ideas Potential Counts for Cable. I have my Primary Count and an Alternative Count. See if you can find some logic in it. EG Attached Thumbnails                      __________________ EW Counts are basically about increasing Probabilities. They are not Perfect. My EW Counts are Recommended for DEMO Trading only. They should be viewed as POTENTIAL Scenarios and MUST NEVER be considered as TRADE CALLS Last edited by el grande, Dec 30, 2008 11:10am

#2323    Jan 1, 2009 8:55pm

el grande Latagaw FOREX_ EWA Member Since Nov 2006   1,793 Posts

Cable Charts and notes_010209 Note on the 3rd chart you will see Targets for 3 and 5 Yellow using the FIB Extention tool. 3 Yellow may have already been achieved 5 Yellow is next inline and is estimated to be a little above FE 261.8 just as 3 Yellow was a little above FE 161.8 then w52 seems to have been finished with the shallow retracement of around 23.6% which could signal a continued move down to accomplish wave53. w54 target is at 1.2402 which is w35 Magenta this is within the range of Projecting w3 Aqua using the FIB extention tool from waves 0-1-2 Aqua on the weekly chart and aslo within the range for projecting the end of wave 35 Magenta using the FIB Extention tool from waves 0-31-32 Magenta. EG I am attaching revised notes I made last night which I drafted while the FF server seemed to have been under maintenance procedure. ........... 010109 Notes on Cable EG Analysis On the weekly chart w1 and w2 down is finished w1 in 5 waves w2 in 3 waves as in a 3 wave traditional triangle w3 in progress w3 is extending as can be seen on the daily chart w31 is finished w32 is finished w33 is finished and can be seen as an extended wave even on the daily chart w34 is finished as an irregular flat and not anymore as an expanding triangle w35 is in progress using the FIB Extention Tool to project w3 and w5 w3 being extended and as can be seen on the chart would seem to end at FE 425 This is also within the range for the target of w35 using the FIB extention tool within the w3 wave extention projection using the FIB Extention Tool to project w33 and w35, w33 ended before reaching FE 161.8 w35 is expected to end before reaching FE 261.8 therefore, seeing that 1.2402 is in the range of projection for the end of w3 and w35 it is therefore very possible that there will be further moves down to end w35 Magenta also referred to as 3 Aqua however, let us check the subdivisions within w35 in the daily chart and the h4 chart. Reviewing the analysis above: using the FIB Extention Tool to project w33 and w35, w33 ended before reaching FE 161.8 w35 is expected to end before reaching FE 261.8 Again I would look at w35 as an extended wave too as I watch the Daily Chart. On the H4 chart, the way that the price candlesticks on my chart looks would seem to show 1 Yellow is finished 2 Yellow as having retrace 1 quite deep 3 Yellow seems to have had a sharp decline as in any typical wave 3 with its subdivisions not so eveident on the H4 chart. 4 Yellow does not overlap with 1 yellow 5 Yellow exhibits extened characteristics, with its lower degree 5 possibly a truncated 5th From here….. I am proposing that w35 Magenta will be extended just like w33 based on a separate analysis Therefore, 5 Yellow on the 3rd chart is roposed to be end of w51 Aqua of w35 Magenta. On the H4 chart you will see that 2 yellow retraced 1 Yellow by around 76.4% while 4 Yellow retraced 3 Yellow by around 23.6% This completes the 100% retracement in terms of combined retracement percentages but not in actual values for wave 2 and 4 using the guidelines . It would seem that now a temporary bottom is in place at 1.4350 to end w51 Aqua (w351). Only on the 1 min chart will you see that a 5 wave motive secquence is finished and using a different tool would indicate that this is the first sub wave 1 of an upward move. I know those more knowledgeable seem to be seeing Cable retracing towards the 1.66 level already. However, on my chart lower than the H4 Period, I see Cable just having finished a shallow retracement to finish w352 or w52 Aqua on the 3rd chart And will continue to move down towards 1.2403 for the short term range. Before it does move up for the w4 Aqua. I hope these notes would help some of you. Kindly excuse the format I used and the rough ideas and count on my chart. I cannot expect all of you to understand it. But hopefully someone will be able to use it. Just sharing with you thoughts running on my mind now. EGJ Attached Thumbnails            __________________ EW Counts are basically about increasing Probabilities. They are not Perfect. My EW Counts are Recommended for DEMO Trading only. They should be viewed as POTENTIAL Scenarios and MUST NEVER be considered as TRADE CALLS Last edited by el grande, Jan 1, 2009 9:45pm