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- fontu replied Oct 24, 2008
Waiting for the bottom at this stage , I see double bottom in M15 in gold chart at 698.90$ & if retest & hold then all UP again, end of 5th wave perhaps . fontu
EURUSD
- fontu replied Oct 24, 2008
Have not changed my counts in EU , seems it finishes the 4 corrective wave & now to complete the 5th wave . If w 1 =w 5 then 400pips to down . I will take the risk today here . image . look before any. fontu
EURUSD
- fontu replied Oct 24, 2008
Thanks a lot I see it but perhaps the existing wave a still not bottomed , any idea the level it should ? I want buy at this level .and the intraday range possibly move . fontu
Elliott Wave Trading
- fontu replied Oct 23, 2008
Thanks soso & 13thheaven for the help . Now I will try understand before any trade placed. fontu
Elliott Wave Trading
- fontu replied Oct 23, 2008
Its ok & thanks for some analysis . I have no knowledge about fib so far . Gold it very risky if fail to count properly , I think finished the subwave & now creating a & 4th corrective wave of bigger started to stay for some time .Or in 4th subwave ...
Elliott Wave Trading
- fontu replied Oct 23, 2008
Bue bottle and any experienced can you count gold please for me , I never tried it before & seems more complicated .I want to trade in gold now. fontu
Elliott Wave Trading
- fontu replied Oct 23, 2008
Agree & still stay with my ew counts & waiting for the breakout but by this time doing some scalping .after triangle now takes flat/sideways but still in wave iv . US Unemployment Claims negative news may have prolonged it . fontu
EURUSD
- fontu replied Oct 23, 2008
I just see the 15 M chart , they are all in the corrective wave of of big 4 only image It is very good to use fib with EW but I have learn fib yet , perhaps next forex holiday try learning . fontu
EURUSD
- fontu replied Oct 23, 2008
Yes it can be possible , the 2nd triangle started forming if expanding type then only possible but it does not look as of yet and no reference of one diagonal triangle and expanding variety making a complex or possible ever & I think it should end ...
EURUSD
- fontu replied Oct 23, 2008
expecting some action this time 10:45am EURFrench Consumer Spending m/m 0.6% -0.1%-0.2% fontu
EURUSD
- fontu replied Oct 23, 2008
good decision , scalping within the triangle to me the most safest but this time wasting time without it to see the breakout & big pips . it should be a,b,c,d,e,failed break last night X,a,b,c( now at 1.2793 to go to finish it at about 1.2740 or ...
EURUSD
- fontu replied Oct 22, 2008
Up & down again & just check if any news time , none in FF before 2-15 hrs .becoming narrow & narrower .... It bubble should burst naturally but without fuel may back to pavilion again. lets see . fontu
EURUSD
- fontu replied Oct 22, 2008
That's true . push & pull ,stress & strain or solgel theory of amoeba /earthworm movements. but true breakout will happen at 1.2723 , now 1.2741 fontu 1.2735........ when it will happen in eu , i am already getting pips in gpbusd & ghpbjpy shorts , ...
EURUSD
- fontu replied Oct 22, 2008
After an alarm last night it again continued the corrective complex & perhapr true breakout will happen now image ready if any action starts , all longs should be warned or risk youself. fontu
EURUSD
- fontu replied Oct 22, 2008
though there was a breakout of the triangle but it seemed failed 5th wave to have a double bottom but can't believe it !! The 5th wave of such a big trend plus the v subwave all can be so short ,totally failed & very transient, overnight? not even ...
Elliott Wave Trading
- fontu replied Oct 22, 2008
WARNING: Triangle just broken , MANY HUNDREDS PIPS IN short NOW. BEST OF LUCK. good night , fontu
EURUSD
- fontu replied Oct 22, 2008
Why not me again , after the wave iv diagonal triangle formation it should follow the rest of the wave that is to form the last sub-wave v of the main wave 5 to complete apparently the downtrend now . so another 300 pips to go down at least .we will ...
EURUSD
- fontu replied Oct 22, 2008
All hose giltters were not gold & even the gold itself as the world's economy thrown into global recession with US as a cause so old is gold ,all back to pavilion to the most safest US now again. simple to save it & save the world. fotnu
EURUSD
- fontu replied Oct 22, 2008
Though all my shorts cashed with the start of iv wave & still I see 100pips up & about 300 pips down possibilities . image what do you say ? me too need it die as troubled with some longs before , closed bit by bit parially but still some left. ...
EURUSD