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- CounterTrend replied Mar 9, 2008
Share a chart please so I have better idea what you talk about.
usd/jpy elliot wave
- CounterTrend replied Mar 8, 2008
Elliott Waves is accurate label of analysis if applied correctly. It is only non-elliotters who think it's a b.s. of trading methodology. It's ok, I've no problem with sharing opinions
This is my call, and I won't change it "AUDUSD is placing a ...AUD/USD
- CounterTrend replied Mar 8, 2008
Yes, elliott waves does work on larger timeframes. No joking, but elliott waves can be implemented without so much focus on the fundamental part as fundamentals will only affect the short term spikes. You view the rally in EURUSD as a fundamental ...
AUD/USD
- CounterTrend replied Mar 8, 2008
I would like to share something interesting for Aussie. There is 2 possible scenarios, but generally for medium-term traders it is not a very good long. Aussie is topping, and thats a fact, but the top could have been made, if not another high will ...
AUD/USD
- CounterTrend replied Mar 8, 2008
Is that guppy? ~ I am sorry, does not make sense. With the bearish outlook for cable, and dollar/yen it won't make any significant rally -- on the other hand I am eyeing 180-190 zone.
UPDATE : 217.50, 230.00, 240.50 let see what happens
- CounterTrend replied Mar 8, 2008
Seems that the USDCAD surge is nothing but a selling opportunity.
EURUSD
- CounterTrend replied Mar 8, 2008
The chances of a reversal to the downtrend increases significantly in the zone, 2.0465 and 2.0650.
Cable Update (GBPUSD)
- CounterTrend replied Mar 8, 2008
Why discussion muted on the hottest cross pair? I would like to share this theory with all of you. The cross, EURJPY, will be heading in a very agressive downward movement, which targets ultimately 140 in the coming weeks and months. It really ...
Daily EUR/JPY analysis
- CounterTrend replied Mar 6, 2008
Update: EURUSD leg accelerating now, and we are entering a potential reversal zone. Although, a high in the 1.54 can't be ruled out. Despite this, positional traders should enter shorts with adding up until 1.54. First target comes in at 1.49. ...
Elliotters..Elliott Wave Trading
- CounterTrend replied Mar 5, 2008
Euro rally is not over — 'I still do not see clear counts on GBPJPY The euro rally is not over yet but we are close. I posted the daily count which suggests a reversal in the zone mid-1.53 to mid 1.54 This is the hourly chart it. We are in a ...
Elliotters..Elliott Wave Trading
- CounterTrend replied Mar 5, 2008
Aussie Rally May Not Be Over — According to this count, aussie rally still has room to maximum 0.9900 before a big reversal starts. Potential reversal zone is 0.9800 to 0.9900. wave 1 and 3 are almost equal. So if wave 4 ended at 0.9217 ? no ...
Elliotters..Elliott Wave Trading
- CounterTrend replied Mar 5, 2008
Since we've discussed EURJPY, similarly USDJPY also failed to register a new low in a fifth wave when it made a "double-bottom" on the hourlies. However, the rebound is seen corrective. And since usdjpy has declined in five waves, this means that ...
Elliotters..Elliott Wave Trading
- CounterTrend replied Mar 5, 2008
Next.. EURJPY Hourly The decline from 161.30 can be perfectly viewed as five waves decline. The fifth wave was truncated though, if you notice prices bottomed at 155.9/156.1 very close lows after wave 5 failed to make new lows below 155.94. The ...
Elliotters..Elliott Wave Trading
- CounterTrend replied Mar 5, 2008
Would like to begin with my view on the EURUSD Daily chart. To me; it appears that euro rallied in 5th waves from 1.3360. The most recent surge was a breakout from a triangle (unsurprisingly the triangle was wave 4 seen as corrective before a rally) ...
Elliotters..Elliott Wave Trading
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Elliotters..Elliott Wave Trading
Started Mar 5, 2008|Trading Discussion|9 repliesHi there to all traders and elliotters, This thread is dedicated to sharing ideas and patterns ...
- CounterTrend replied Mar 5, 2008
Ou.. I am awaiting key US data first. Hard bets
Cable Update (GBPUSD)
- CounterTrend replied Mar 5, 2008
I quite agree that it will visit the 1.49 area. But will it make a new high before that? odds favour a last high still. lets see
EURUSD
- CounterTrend replied Mar 5, 2008
The AUD will only gain if USD continues to weakens and scores new highs versus Euro, Pound. Meantime, stock markets will decide the fate of high yielders. So unless USD is hit with really bad news, aud should not come back given a calm environment ...
AUDUSD went down????