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- el grande replied Mar 11, 2009
Inverted head and shoulders on the hourly chart Target just lacks a few more pips to match the previous day's high and thus complete the 5th wave of the wave 5 inside a bigger wave 3 which seems to be an expanded triangle.
Elliott Wave Counting with EG
- el grande replied Mar 11, 2009
Wave development in the past hours has been slow. Which generally is normal after the US Lunch time as someone mentioned before that profit taking occurs prior to the lunch break in US. Have been watching the charts and the candlesticks develop and ...
Elliott Wave Counting with EG
- el grande replied Mar 11, 2009
Sorry for the mix up earlier... retracement towards 1.3784 1.3772 1.3760 watch out for the potential inverted head and shoulder on the hourly chart. EG

Elliott Wave Counting with EG
- el grande replied Mar 11, 2009
EWA_001 W4C1_3 is developing and expected to end at 1.3953 then retrace by 31.8% to 1.3858 before it moves up again towards 1.4078 Let us see if this works out fine EG

Elliott Wave Counting with EG
- el grande replied Mar 11, 2009
Possible end of wave 4 inside wave 3 of wave 1 could be at 1.3785 Then Up we go again.
Elliott Wave Counting with EG
- el grande replied Mar 11, 2009
Prechter and Frost's Book is still Tops for me. Balan is a very good addition as it shows various wave structure combinations specially for the corrective waves. Don't forget..... hours of chart watching and and practice, practice , practice.... ...
Elliott Wave Counting with EG
- el grande replied Mar 11, 2009
Target would be 1.3958 1.4016 1.4042 1.4125 Possible end of wwave 4C1 could be @ 1.4042 to 1.4125 Then we might see a retrace down to 1.3800 for the 61.8% rertrace of wave 1 by Wave 2. Weekly Pivot is @ 1.4117 Murray Math Strong Resistance Level is ...
Elliott Wave Counting with EG
- el grande replied Mar 11, 2009
Levels that coincide: Based on Price retracement this potential wave 4 seems to be a FLAT as it has retraced more than 61.8% of wave A. If wave B is finished, then Projection levels for wave C would be as follows: 1. C = A C = A (1.618) C = A ...
Elliott Wave Counting with EG
- el grande replied Mar 11, 2009
Potential for Cable if this does move up for our wave C of Bigger wave 4: EG

Elliott Wave Counting with EG
- el grande replied Mar 11, 2009
Hello Moiz... I am sure you can. you already seem to be doing fine with what you initially presented. It took me a lot of time to really be able to identify waves. Anyway, just post your charts here whenever you want to. I will be in the forum from ...
Elliott Wave Counting with EG
- el grande replied Mar 11, 2009
additional load at 1.3737 at the possible wave 2 of a wave 3 up of the wave 1 up of this wave C up of bigger wave 4. SL @ 1.3700
Elliott Wave Counting with EG
- el grande replied Mar 11, 2009
OR NOW IS NEARING WAVE 2 END @ 1.3700 so wave 3 Up of a wave 1 of Bigger wave C starts. update 1718HRS in the Philippines now GMT +8 looks like a wave 4C1-2c4 now and a final dive to 1.3700 which is 61.8% retrace of wave 1 up if the wave 1 of C. ...
Elliott Wave Counting with EG
- el grande replied Mar 11, 2009
Cable watchers... check your 1hour chart and that potential range of reversal with that Possible ENDING Diagonal triangle for a wave 5 of this wave c of the double zigzag B of wave 4. Probably get ready for that wave C trip up at London or US ...
Elliott Wave Counting with EG
- el grande replied Mar 10, 2009
Moiz... You are on the right track. Rocroy, thanks for covering for me. As you can see on the series of charts that have just been posted, which were initially drawn from last week, the potential for the double zigzag , the flat and the extended ...
Elliott Wave Counting with EG
- el grande replied Mar 10, 2009
Cable Outlook — 5 waves down of 4Bc for Cable on hourly chart near Completion? Series of charts shows previous projections and how price unfolded. These are now followed with various ways of projecting potential end of wave c of this b wave in ...
Elliott Wave Counting with EG
- el grande replied Mar 9, 2009
An invitation to who ever is interested to ride the Cable going up again till 1.43 range from 1.4090-75 range. I would be watching for 5 waves going up to the 1.4300-50 range SL @ 1.4937 which is 1 pip below the previous Low of Friday closing ...
Elliott Wave Counting with EG
- el grande replied Mar 8, 2009
Any one who is wondering whether to pursue or not to pursue learning Elliott Wave Principles.... This I will tell you.. I too almost gave up on this before because I felt it was too difficult to understand. But it took me to feel ashamed of myself ...
Elliott Wave Counting with EG
- el grande replied Mar 8, 2009
How come the links above are not working? update.... skip this. I already found the post referred to. thanks.
MIG Swiss - no taxes?
- el grande replied Mar 7, 2009
Moiz... Try to study Andrews Pitchfork too aside from Elliott Wave Principles. Possible directions drawns on my chart are also guided by potentials derived thru Andrews Pitchfork also. I can imagine the unpopularity of Elliott Wave Analysis in this ...
Elliott Wave Counting with EG