another chart may just be in wave 4 of a 5 wave structure A EG

Elliott Wave Counting with EG

GBPJPY — I could not resist printing this out before I closed my PC Price is below Monthly, weekly and Daily Pivot. I would consider really very Bearish. However, this pair needs to retrace for a correction which I believe is happening now ...

Elliott Wave Counting with EG

or this could be a better possibility. Well... I am going to get some much needed sleep tonight. See you all in the morning. Good Trading to All of you. EG

Elliott Wave Counting with EG

a Possibility for EURUSD just toying on the idea for now. currently out of the market . exited @1.4773 Missed 9 pips of max it went up earlier. On 15min chart I see 2 pin bars and oscillators are over bought that is why I am thinking that this might ...

Elliott Wave Counting with EG

Hey Tim... Yes the Flag is still in play and infact just now I see it have a better fit into a channel. well it has broken out of the channel just now. But is it not that FLAGS are 5 waves while we still have just 3 inside the channel now or am I ...

Elliott Wave Counting with EG

Hi Grega, I just noticed that your wave 2 is similar to my previous chart using Meta-Quotes Platform. I had a problem defining a Zigzag with that chart data because of the relationship between Wave C and wave A. I had a different view when I checked ...

Elliott Wave Counting with EG

EURUSD Update — Barrier Triangle Bullish Flag over extended and Now looks like Wave 4 is forming a big Barrier Triangle. Watch out for a possible throwunder which could be a False Breakout to the Down side. Barrier triangles in this form ...

Elliott Wave Counting with EG

EURUSD Update

Elliott Wave Counting with EG

Here is what keeps trading hours a bit more colorful than just seeing EW counts, patterns and channels.... Notice how the MAs spread like a Fan as it develops a wave 3. At least that is how I see it. Thanks to TheWicker for sharing his indicators ...

Elliott Wave Counting with EG

EURUSD Update — Update

Elliott Wave Counting with EG

Hi Tim.. Does the Breakout from the Bullish Flag also follow the Projection used on the triangle? in the attached chart, wave 4 tok almost same amount of time to finish as wave 0-3. If TP projection follows the same method as that for Triangles, ...

Elliott Wave Counting with EG

Hi adji04... I do not recommend that you trade based on my EW Count. You will have to do your own counting too. As you can see, I have made a mess of my EURUSD count on that wave 4 because I did not notice earlier that the platform I was using for ...

Elliott Wave Counting with EG

Here is how I see EURUSD now. I now have a bias for the sub wave 4 Bullish Flag Scenario. where sub wave 3 has made a breakout of the Channel and came back into it forming a bullish flag wave 4. Waiting for a high probability profitable trade set-up ...

Elliott Wave Counting with EG

I just discovered that I was getting different set ups from 2 MT4 Platforms I was using which may have been confusing me as I was using meta quotes to chart my EW counts while I was using fibo-group for my technical side. some how they did not match ...

Elliott Wave Counting with EG

Thank you Tim for pointing out the Bullish FLAG. If wave 4 which ended at 1.4644 ( C end is higher than Aend ) is a running FLAT, then subwave 1 of 5 ended at 1.4749 and this BULLISH Flag may be the sub Wave 2 of 5. Initially I thought it was ...

Elliott Wave Counting with EG

USDJPY — You are right Tim. I must admit I tried to force that 5 wave count there which actually looked inappropriate. Now looking at the retracements made by succeeding waves, they may not all have been exactly at 61.8% of previous waves, but ...

Elliott Wave Counting with EG

[quote=money;1780417]hi EG, i saw that we are watching the same pairs. EUR/USD I think that EUR will make new highs in this qauter of the year. We must realize that we are still in very powerful bull counting. I saw that you are waitting this weave ...

Elliott Wave Counting with EG

Good Morning Everyone. Happy New Year to You too Victa. Last night was not that good for me. I got stopped out on my small short trade yesterday. Then I also entered another short trade when price hit 1.4700 which turned positive +50.....then my ...

Elliott Wave Counting with EG

LTC... Glad to see you here. I have been lurking in your thread at the Trading Room and I am looking forward to learning from you. FF needs to have more experienced Traders with a solid EW expertise. There were some who started their respective ...

Elliott Wave Counting with EG

EURUSD — Looking for an UPWARD Trendline break on the 15min and the 4hour chart to enter an additional Short trade on the EURUSD. Currently down 64 pips on an earlier entered short trade for a very small position. EG

Elliott Wave Counting with EG