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Gray replied Jan 25, 2013Far out you always beat me freaking too it....that must mean we think the same>>> trade well my friend

Elliott wave outlook
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Gray replied Jan 25, 2013Wave 4 you say?...Here is my view...post your charts guys good or bad

Elliott wave outlook
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Gray replied Jan 25, 2013Granted there is always more than one way to skin a cat but EW is as good a place as any to start
Here is two weekly candle charts of GBP/USD I posted on FXCM a week apart when one of the guys asked if the candle pattern looked bearish or bullish. ...Elliott wave outlook
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Gray replied Jan 25, 2013WOW that is WAY over the top. Price is surely to land on one level or another don't you think? You cant really miss....
Elliott wave outlook
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Gray replied Jan 25, 2013Very well said . I couldn't agree more. There is no easy short road to Elliott Wave Theory. It takes a very long time looking at price action AFTER you have learnt the EW rules to be able to count waves with any success. I encourage learners of EW ...
Elliott wave outlook
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Gray replied Jan 24, 2013Who knows...we still have not broken out of the range. Rejected from the down sloping trend line on the 1hr yet again. Un tradeable at the moment I would think. There is better fish to fry in the market ATM

Elliott wave outlook
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Gray replied Jan 24, 2013I guess we have close enough to the answer to that question. Time to decide if we are looking at a 123 or ABC perhaps for EJ
Elliott wave outlook
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Gray replied Jan 24, 2013One thing to consider with the YEN crosses is that their usual catalyst is the USD/JPY. We can see from this chart that UJ has not met the 23.6% minimum retrace you would expect to see for wave ((iv)) yet. I also have difficulty counting the move up ...
Elliott wave outlook
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Gray replied Jan 24, 2013Thats a very good question. Keep in mind it could just as easy be labeled as an abc up with more downside to follow. I'm sure both of us have thought about that scenario

Elliott wave outlook
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Gray replied Jan 24, 2013Another short term possibility for EJhttps://www.tradingview.com/x/59jiIbpg/
Elliott wave outlook
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Gray replied Jan 24, 2013There's the difference. We have the degree's labeled differently. My chart says we may have just finished minor wave ((iv)) with ((v)) left to complete the larger degree wave 3 and yours says we have finished wave 3 and possibly 4 and may be working ...
Elliott wave outlook
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Gray replied Jan 24, 2013Looks like your reading your fibs from a different level to me on GJ. I am measuring from the 130.446 low to the 144.774 high. You also appear to be reading them upside down to me. By the 38.2 retrace I mean 38.2% of the whole move between those two ...
Elliott wave outlook
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Gray replied Jan 24, 2013YEP, complex corrections will get you every time. Win it on the way up and loose it trying to trade in the complex correction that follows the up move
I am not convinced that the corrections are all finished yet either could be another leg ...Elliott wave outlook
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Gray replied Jan 23, 2013$EURJPY 4hr finding channel support and y=w https://www.tradingview.com/x/9baLYo0L/
Elliott wave outlook