- Search Energy EXCH
- magictrader replied Mar 16, 2009
Hi, I'm new to Elliott Waves Theory, this is my view on EURUSD now, could it be right? UPDATE:
Elliott Wave Trading
- magictrader replied Mar 13, 2009
I'm also thinking about 1,3 area, because of very similar wave structure then previous. But now there is irregular correction, so it's very difficult to make a good entry...
EURUSD
- magictrader replied Mar 13, 2009
We're almost reached 38,2 all up movement. Now still sideways and then up, because this is only irregular correction (maybe
). It could be hard to get real breakout.EURUSD
- magictrader replied Mar 12, 2009
That was nice rollercoaster
. From 98,24 to 95,65, again to 98,24 and BE
. So now 102 maybe... This is still target from double bottom, and this H&S was false.USD/JPY Discussion
- magictrader replied Mar 12, 2009
I think this will be just irregular correction, and then further down. But I can be wrong
.USD/JPY Discussion
- magictrader replied Mar 12, 2009
Test of neckline, floating +200p, and now I'm looking closer, what will happen. EDIT: now consolidation, and I think that there should be one more down movement. Time will tell
.USD/JPY Discussion
- magictrader replied Mar 6, 2009
Always between wave A and B appears something which looks like H&S. I hope that this is real wave B (right shoulder of this big possible H&S on H4), and next week will be down on UJ, and then up to 102 after retracement... As always, time will tell ...
USD/JPY Discussion
- magictrader replied Mar 6, 2009
All right, last chance for UJ. I think now count is correct, and UJ is now in wave B, and this will be correct H&S pattern. Time will tell...
USD/JPY Discussion
- magictrader replied Mar 3, 2009
That was close to pending order
. I was thinking that retracement will be bigger (especially after NYSE close), but now it looks that it's going straight to te new highs, and to fill target from double bottom...USD/JPY Discussion
- magictrader replied Mar 2, 2009
Now or never
. Pending order below the low and re-test of the neck line. If this could drop, this is the right time I think... Time will tell.USD/JPY Discussion
- magictrader replied Mar 1, 2009
Maybe funny, maybe not. When you look at this chart, if someone will say some time ago, that price break neck line in this big H&S pattern and price will go to "0" others will be
. And the target of H&S pattern some time later was reached ...USD/JPY Discussion
- magictrader replied Feb 28, 2009
I'm also seeing it above 100.00 in near future. Beacause of simple fact, there was perfect double bottom formation on Daily, and it easily break highest point. So from double bottom prediction it is 102.** area. But now I think there will be ...
USD/JPY Discussion
- magictrader replied Feb 27, 2009
Next week will tell us what's going on. But I think still it will go down
.USD/JPY Discussion
- magictrader replied Feb 27, 2009
Fight again
. Very interesting, big candle shadows, maybe next hour will show the winner...USD/JPY Discussion
- magictrader replied Feb 27, 2009
Very key level, that was nice fight between supply and demand
. Let's see whose gonna win...USD/JPY Discussion
- magictrader replied Feb 27, 2009
Here is my scenario, now everything looks ok for bigger retracement, especially if D1 will close like it is now (dark cloud cover).
USD/JPY Discussion
- magictrader replied Feb 24, 2009
That was my mistake, too fast entry
. But this line on D1 was looking very promising...USD/JPY Discussion