Cable 15min Price has been trapped in a tightening range.a possible "b" wave of a corrective wave 4 on 15min chart. aside from a support trendline, I have several renges and levels of support beneath price range now. Price likely to breakout to the ...

Elliott Wave Counting with EG

Possibility of divergence in the daily which may lead to a re test of the broken trendline support to become a resistance level. 4hr is not clear with divergence but the 1hr is indicating a possible move up for what could be a retracement of this ...

Elliott Wave Counting with EG

Well done. You probably won't need EW at the rate you are going. However it is a good additional tool for trading plus interesting how another strategy fits into your current strategy. Thru these 3 years I have been reading and studying and applying ...

Elliott Wave Counting with EG

The market has a way of reminding us about our greed EG

Elliott Wave Counting with EG

Cable — MOnthly Bearish engulfing is not so convincing. other indicators show possible new ne high still to come. monthly support view of price still going for 61.8 retracement of wave 3. But remember that this is on the monthly chart. Weekly ...

Elliott Wave Counting with EG

61.8% projection has been exceeded at 1.5942. Bouncing near weekly S2 and Daily S1 others would trade this for a long. But I prefer to stay out. I may have just missed the more than 125pip drop. But I am fine with that. EG

Elliott Wave Counting with EG

Cable Looking at the 15min chart if what we see is a dominant wave 3 which is developing its internal wave 5 , then likely we would see w5 = w1 (0.618) because w1 almost equal to w3 for the internal count. Then likely we would see that retrace for ...

Elliott Wave Counting with EG

You are loaded with profit now if you traded your wave count. Yes that is very possible that we are now in a wave "c" I would label it as wave 3 or "c" though especially because your proposed "a" was a leading diagonal triangle for me. wave 1 can ...

Elliott Wave Counting with EG

Anything is always possible when you look at a chart. Try checking the higher time frames to get your bearings. remember that the waves in the smaller time frame make up the bigger waves of the higher timeframes. I can not claim that I have mastered ...

Elliott Wave Counting with EG

checking in on my remaining trade..... and finally exiting it. So you see my friends, you can also do it. you do not need to trade all the time. Select the higher probability trades ( which sometimes or even often times still may put one in a large ...

Elliott Wave Counting with EG

for GBPUSD, yes bias is down. The weekly has sent 2 signals on the candlesticks the 1 highs which were a pinbar and an engulfing bearish candlesticks . that was why I stayed on yesterday despite the large drawdown. but be careful with the pin bar ...

Elliott Wave Counting with EG

after a long drawdown yesterday, I have just exited my multiple trades from yesterday for a substantial profit already. I will be out most of the day and I am satisfied with what I already got. LeAving just 1 trade to follow the price today. the ...

Elliott Wave Counting with EG

EURUSD Charts just a suggestion for your chart if only you want... try pressing control-G simultaenously so that the grids are removed from your chart making it look less crowded. unless you need those grids for your guide. attached are my thoughts ...

Elliott Wave Counting with EG

charts which may be labelled in various ways for the EW count EG

Elliott Wave Counting with EG

No problem there. This is EW Thread. I just focused on CABLE but you are free to post charts for other pairs here. I or others will be able to help you with your wave counts EG

Elliott Wave Counting with EG

I left multiple trades this morning when I left my office. I failed to exit at a small profit all these trades before I left. I checked in the afternoon from an internet cafe and it was still in a drawdown. 2.5 hours later, I see price dive to ...

Elliott Wave Counting with EG

You might need to re assess your wave count on the EuroUSD chart you posted. Wave 4 must never overlap with wave 1 unless you are expecting an ending diagonal triangle or a leading diagonal triangle impulse wave. use other tools to try and validate ...

Elliott Wave Counting with EG

You can go to EWI site url They have lots of material there which are actually free url they also provide some videos for free. I think they also have discussion of what you find in the book you ordered and this is presented as a course online ...

Elliott Wave Counting with EG

Welcome to the thread belekas. Sure, you are free to post your charts and your analysis here. And so is evryone else who wants to. But very few seem interested. Chart patterns fit very well with EW. You just need to now the rules and guidelines for ...

Elliott Wave Counting with EG

Looks like another sell off on the Cable as the US session ends. Let us see if this extends through the Asian session. I am going back to bed. EG

Elliott Wave Counting with EG