GBPJPY View — GBPJPY price is already above the weekly Pivot at about 210.0 It is above the Daily Pivot also @ 211.54 Based on my observations while I was monitoring GBPJPY before, if price is already above the weekly pivot, there is a very ...

Elliott Wave Counting with EG

Yes I agree that we need to have a reason why we take a particular trade and I am interested on how you derive your TP values based on previous price swing. Also TRUE that direction is basically pointing North in the medium to long term. But for ...

Elliott Wave Counting with EG

Multiple possibilities on the 15min chart EURUSD — as we get down to the m15 chart, I see multiple possibilities based on the current development. For those that consider these as noise, one can stick to the 4hour and the daily chart analysis. ...

Elliott Wave Counting with EG

EURUSD Charts Continued — The explanation is on the above post. the charts have been arrange in almost a chronological order based on when it is needed to support the details in the text analysis. EG

Elliott Wave Counting with EG

EURUSD — Finally have my internet connection back. Attaching something I wrtote earlier while I still had no connection. Here I go again. My broadband connection slows down or is completely off as 1100 am here in Manila comes in. So I can’t ...

Elliott Wave Counting with EG

EURUSD on the m15 — EURUSD is developing what looks like a wave 4 of the wave D up for the Triangle. EG

Elliott Wave Counting with EG

EURUSD Alternative Count — Attached are charts with the alternative count on the EURUSD. I have been engrossed and wrapped around the 5 wave symmetrical triangle wave 4 for the EURUSD. but after studying the lower TF charts this morning, I see ...

Elliott Wave Counting with EG

GBPUSD — You did well eye4spot. Although I think you were not using Elliott Wave Principle there. I should have attached these other charts to my count last night when I replied to you as this shows the price projection if my wave counts were ...

Elliott Wave Counting with EG

Hi Grega. Attached are charts for an ALTERNATIVE Count. Last night when I went with you on your count, I merely browsed thru the 1 hr and took a confirmation from the 4 hour chart. However, this morning when I went to check on it again, I tried ...

Elliott Wave Counting with EG

I am with you on this count Grega. However my SL would be around 108 or 1 pip above that wave 2 end of yours. EG

Elliott Wave Counting with EG

EURUSD — EURUSD seems to have formed a triangle wave 334 of C up. see 1 min chart of eurusd. EG

Elliott Wave Counting with EG

eye4spot. Your wave 1 is only my sub wave 1 of a potential Reversal move on the GBPUSD 4hour chart. if price bounces off that Magenta Horiizontal line then I would consider that as a sub wave 4 of higher degree wave 1 Blue of the reversal. if I ...

Elliott Wave Counting with EG

EURUSD — Price on the Lower TFs EG

Elliott Wave Counting with EG

EURUSD — Now inclined to be biased towards a finished Leg A and B of the 3 wave that goes up to the upper edge of the triangle on the Daily chart. Proposed count now is the Blue A and B waves while wave C blue is currently developing its sub ...

Elliott Wave Counting with EG

Welcome to the thread eye4spot. If you are talking about EW counts on GBPUSD above, offhand, I have observed that your w1 is from 1.9336 going up to 1.9666. this means that main trend is going up. w2 is frm1.9464 going up to 1.9873 There are 2 ...

Elliott Wave Counting with EG

EURUSD — Charts attached Below are the details about the chart. On the Daily Timeframe, we see price still possible to develop into the symmetrical triangle wave 4. However, If I just look at that naked Chart with my EW Count I will have to ...

Elliott Wave Counting with EG

OK I am finally back online. Below was a post I typed before my broadband connection got ticked off... Ok Everyone, Let us get back to EW Counting. What we have here now is not being productive. I have always maintained that anyone and everyone is ...

Elliott Wave Counting with EG

2 People I Consider as My Mentors — I must apologize to everyone for not having stepped up to the plate sooner. After seeing the first few exchanges, I was hoping this would settle down with little roughing up. After an out of town trip over ...

Elliott Wave Counting with EG

Highlight moving average indicator then hold and drag to RMI window then on the Parameters menu, click on the APPLY TO option and select First Indicator's data. That should do it. EG

Bagovino Method

Yes Tim it would seem I do that all the time. But notice that I do not do that only using 1 time frame. I do counts on multiple timeframe for guidance. Also multiple projections for next waves are done on wave counts on different timeframes to see ...

Elliott Wave Counting with EG