- 金币:
-
- 奖励:
-
- 热心:
-
- 注册时间:
- 2006-7-3
|
|
楼主 |
发表于 2009-4-13 10:05
|
显示全部楼层
Notice
From March 22, 5 p.m. Estern to March 29, 5 p.m. Eastern Elliott Wave International provides free week for the members of Club EWI. This time it deals with futures (refer to EWI's web page)
In case you prefer other financial markets you may find theoretic materials useful for you (the latest issue of EWT's magazine is out on Friday):
For newcomers. To become a member of Club EWI you should register at the end of EWI's web page for free. When registering the data should be entered in Roman letters and valid e-mail address should be specified.
Note
- Once the opposite to the trend edge (base line or trend line) is tested any impulse or zigzag of any size may be considered to be completed. The inner wave counting of such a movement is of conventional character.
- The error of the trend reversal points defining with the help of impulse method is about +/- 1..4 time units. Date on the weekly chart is the last day of the current week.
- Often support and resistance levels, mentioned in the reports, are remote from the current price. In this case confirming or denying signals may be delayed. That is why in addition to the critical levels analysis inner structure analysis of the waves, moving in the same direction, should be used.
- It should be remembered that EWA forecasts show the probable price movements. This report is subject to change and reveals the analyst opinion of the situation at the moment of its release.
- Given possible trading plans are purely informational purpose only and they should not be considered as trading guides.
- Survey wave counting, alternate variants and possible schematic price movements are given in:
1. USD/CHF
For CHF survey wave counting refer to Monthly Wave Analysis, March, 2006. Refer to Figure 1 for the wave counting draft for this currency on 480M chart.
Figure 1. Wave counting on 480M chart.
Wave (b) completes in the shape of the flat, having reached 1.2900. Wave [x] ending is the critical level.
In the mid-term plan uptrend is expected to continue once wave (b) is completed. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 2.
Figure 2. Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 2. Impulse c forming of the supposed flat is almost completed.
In the short-term plan impulse c completion is expected. Uptrend is expected to start forming. Price movement schematic forecast and support/resistance levels are shown in the chart.
2. EUR/USD
The above information about CHF is the mirror image of that one about EUR. For EUR survey wave counting refer to Monthly Wave Analysis, March, 2006. Refer to Figure 3 for the wave counting draft of this currency on the 480M chart.
Figure 3. Wave counting on 480M chart.
Wave (b) completes in the shape of the flat, having reached 1.22. Wave [x] ending is the critical level.
In the mid-term plan downtrend is expected to continue once wave (b) is completed. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 4.
Figure 4. Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 4. Impulse c forming of the supposed flat is almost completed.
In the short-term plan impulse c completion is expected. Downtrend is expected to start forming. Price movement schematic forecast and support/resistance levels are shown in the chart.
3. GBP/USD
For survey wave counting of this currency refer to Monthly Wave Analysis, March, 2006. Refer to Figure 5 for the wave counting draft of this currency on the 480M chart.
Figure 5. Wave counting on 480M chart.
Wave (b) completes in the shape of the extended flat, it has almost reached 1.7600. Wave [x] ending is the critical level.
In the mid-term plan downtrend is expected to continue once wave (b) is completed. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 6.
Figure 6. Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 6. Impulse c forming of the supposed extended flat is completing.
In the short-term plan impulse c completion is expected. Downtrend is supposed to start forming. Price movement schematic forecast and support/resistance levels are shown in the chart.
4. USD/JPY
For survey wave counting of this currency refer to Monthly Wave Analysis, March, 2006. Refer to Figure 7 for the wave counting draft of this currency on the 480M chart.
Figure 7. Wave counting on 480M chart.
Possible JPY movement was described in details in Project Targets for 2006-2007, USDJPY (Wave Analysis).
Forming of the final wave of triangle [e] is supposed to be completing (or it may be already completed !) once 116.60 level has been reached. Wave [c] ending is the critical level.
In the mid-term plan confirmation of the triangle completion is expected, uptrend is supposed to keep forming. Price movement schematic forecast and support/resistance levels are shown in the chart. For more details refer to Figure 8.
Figure 8. Wave counting on 120M chart.
One of possible variants of wave counting is shown in Figure 8. Wave [e] forming is supposed to be completed in the shape of zigzag, the prevailing pattern for waves of triangle.
In the short-term plan confirmation of wave [e] completion is expected. Uptrend is supposed to keep forming. Price movement schematic forecast and support/resistance levels are shown in the chart.
Reference
March 20, 2006 The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari Ltd |
|
|
[复制链接]
