A possible wave count for Cable. Watch how possible w2 retrace towards the 61.8% and a little more. Projecting wave 3 and wave 5 using wave 1 We often see wave 2 retracing wave 1 from 50% seldom) , usually 61.8% and sometimes more but never more ...

Elliott Wave Counting with EG

Rocroy, Fib Probabilities on my chart are the levels I have ticked for possible FIB retracements or Possible FIB Projections taking into account the Guidelines for projecting price levels using FIBS for Elliott Waves EG

Elliott Wave Counting with EG

Possible bounce off the Daily Pivot 1.5922. Low of 1.5925 Daily S1 1.5923

Elliott Wave Counting with EG

Just add or drag it to your chart. then switch time frames and go back to the time frame you want and the fib levels with price will be installed. Try looking into the options of the indicator as you attach it. EG

Elliott Wave Counting with EG

5min Update

Elliott Wave Counting with EG

watching if the channel will hold despite the breach. 5min

Elliott Wave Counting with EG

This is were EWA is tricky. It provides multiple possible wave counts and more for those who do not understand it fully. But it you use other tools to assist you in your wave counts, then the number of options are reduced. But it is also essential ...

Elliott Wave Counting with EG

5min Chart Possibility of being an expanded flat puts wave B limit at 138.2% projection. That is if it exceeds 100% of A. other option is if it is a flat, then it can go up and go for the 100% and the 161.8% Fib Projection. 15min charts are showing ...

Elliott Wave Counting with EG

added another long to equalize long and short positions for a total of 448 pip drawdown. Long 1.5982 1.6007 1.6009 Short 1.5869 1.5848 1.5848 either way, I will be able to unhedge it at an opportune time to either profit or to reduce my losses on ...

Elliott Wave Counting with EG

in the 30min chart below is a possible big motive 5 wave structure in Magenta. the whole move down may have a retracement of 38.2, 50, and 61.8. so far, it has touched the 50% level. going to the 4hr chart, we can see that we have the C = A for now ...

Elliott Wave Counting with EG

Cable W1 down on the 15min may be finished now and trying to make a retrace for W2. There is a resistance area above price on the 15min and 30min now..... But it has already broken out of the trendline resistance above it on the 15min. MACD on the ...

Elliott Wave Counting with EG

still looking for a chance to exit the trades if I need to. in the meantime, when resources allow, 'll just take what the market offers when I am online. Fib probabilities on the chart. EG

Elliott Wave Counting with EG

this surge in price could either be a "C" or a 3. attached is a potential count on the 1hr chart. leaving my trades running for now and willbe looking for a possible long incase oscillators indicate oversold levels. But still depends if it breaches ...

Elliott Wave Counting with EG

another lesson reiterating the need to take profit even @ 2% of capital

Elliott Wave Counting with EG

Breakout from a potential flag pattern on the 15min chart for a full wave. 1min, 5min and 15min oscillators will likely be crawling the bottom windows which likely would represent a long wave down. 15min oscillator has been oversold for quite ...

Elliott Wave Counting with EG

out from the long trades now with just 1.6% total again taking my que from the 1min chart waiting for another opportunity to get in for a long trade if it presents itself. that is if price retraces down to lower than previous low on the 1min . But ...

Elliott Wave Counting with EG

1min EWAn would show that c is more than a(1.618) is this is likely a 3 so expect a possible higher high unless it is truncated. need to use other tools and watch higher timeframes. price has retraced as possible wave 4 towards the wave 4 of a wave ...

Elliott Wave Counting with EG

nice pips on the Long trade using the 1min, 5min and 15min charts. I hope you learned something from that lesson. TP for that long trade earlier was +1 and got captured. while I was able to add 1 more long from near the previous bottom as I was ...

Elliott Wave Counting with EG

It is a pity that it took you 3 years to realize that EWA does not work for your skills. But it does not mean that if you did not make money using EWA... that the whole EWA does not really work. Because it works for some. It is just that EWA is not ...

Elliott Wave Counting with EG

1min may have already just finished a motive wave after it exhibited a divergence now. monitoring this as I see 15min as needing to retrace up at this pint. 5min may have just finished a wave 3 with this divergence on the 1min and will need to ...

Elliott Wave Counting with EG