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- magictrader replied Jan 23, 2010
Oh, that is nice count on USDCHF. I don't look on in like this because I like more proportion in waves (when subwaves are not bigger then main wave) even if wave 3 is extended. But this could be good count
. We will see everything after few days / ...Elliott Wave Trading
- magictrader replied Jan 23, 2010
I've got the same in larger scale
. Looking for (conservative target) 1,3-1,2. But the question is about end of wave B
. Is it in place or not.Elliott Wave Trading
- magictrader replied Jan 23, 2010
EURUSD - USDCHF — Here are some correlation charts. It could looks like ABC or first subwave in wave 3, rather then 12345 comparing to USDCHF... But only time knows the answer
.Elliott Wave Trading
- magictrader replied Jan 21, 2010
EU H4 — Possible target for this downtrend move: 1,4 big wave C = 61,8 A in wave C, possible wave 5 = 61,8 of wave 1...
Elliott Wave Trading
- magictrader replied Jan 21, 2010
EURUSD m30 — That was nice
. But on m1 there is first 12345 impulsive structure so look out for next counts... But this could be wave C in correction...Elliott Wave Trading
- magictrader replied Jan 21, 2010
Labels are only for fun
. To show how this Theory could work, I don't trade every label I mark
. EU continuation...Elliott Wave Trading
- magictrader replied Jan 21, 2010
USDCAD and EURUSD — Looks like USDCAD is making wave v in wave 3 in wave 3, which means that new bottom during the asian session on EU was just only a part of wave iv and now it could make wave v down...
Elliott Wave Trading
- magictrader replied Jan 21, 2010
EURGBP could be something like this: there is key channel, and could be one up correction and then move to support area 78,6-88,6. But the channel is most important I think.
Elliott Wave Trading
- magictrader replied Jan 21, 2010
Looking on correlation it's rather ABC or 123 then and of wave 5, because there is no proportion between wave 1 and 5 (it's to big).
Elliott Wave Trading
- magictrader replied Jan 20, 2010
EURUSD m30 — And labels for EU m30... Now let's what will happen
.Elliott Wave Trading
- magictrader replied Jan 20, 2010
And this is something I'll do but not often. Correlation with other pairs. USDCHF - USDCAD. This could be fun if it's right
. Then USDCHF still up and EURUSD still down until waves on USDCAD are not broke or they'll just finish like on chart. I ...Elliott Wave Trading
- magictrader replied Jan 20, 2010
EURUSD and USDCHF (Daily) — Using correlation between USDCHF and EU it could be something like this...
Elliott Wave Trading
- magictrader replied Jan 20, 2010
EURUSD m30 — Interesting situation on EURUSD during the asian session...
Elliott Wave Trading
- magictrader replied Jan 19, 2010
That is the key, WHEN
. We all knows TA technics, price formations, candlestick formations. They sometimes work, sometimes not. And the key is the qustion WHEN do they work
.Elliott Wave Trading
- magictrader replied Jan 18, 2010
GBPUSD m15 — GU looks nice for big shorts soon
. If they make new top then this could be end of wave 5 in wave 5 in wave C
.Elliott Wave Trading
- magictrader replied Jan 18, 2010
It is good and most complicated
. I've learned Elliott Waves for about six months and after that I can saw different scenarios and counts. Now I'm still learning different types of corrections (most important thing, because after the correction is ...Elliott Wave Trading
- magictrader replied Jan 17, 2010
Of course, wave 5 down would be excellent
. That will be the and of wave C and then we will go to 1,53 ;-). But seriously I don't know what will happen
. That is why I trade only when different scenarios shows only one way for the chart (like ...Elliott Wave Trading