WARNING — To All those who follow this thread. Please note that I am still learning EW Analysis. The opinions here are just opinions and are not recommended to be used as basis for your LIVE Trades. EG

Elliott Wave Counting with EG

Hello ahmaddewa85. I really do not have precise values for the B right now. But as you can see in the last chart I posted..... those are approximate values as to where I think this would go. there is the 62% , 100% and the 162% of A. Please remember ...

Elliott Wave Counting with EG

Hello Mark. You can take a look at the threads of the 2 members I mentioned in the post above. They have very good discussion and shared materials. As to trending and ranging markets...... well, I would like to master that . EG

Elliott Wave Counting with EG

Hi JP. Please remember that I too am still learning EW. It will do you very well if you visit the threads by Itme and fixme1too. They discuss and share a lot on EW in their threads. I refer to their posts for my readings aside from what is available ...

Elliott Wave Counting with EG

Hello Traex. You are welcome. I hope we can all have a nice discussion here and hopefully it becomes profitable for all of us too. EG

Elliott Wave Counting with EG

For now, anybody who wants to reply here..... kindly use the ICON POST REPLY and NOT the QUOTE. So that I can still inject some discussions on the post with the respective charts. Thanks EG

Elliott Wave Counting with EG

Closer View — Hopefully this is clearer. I believe we are now on the way to complete a wave 3 inside a wave 5 inside wave Y. I hope I did not lose you there. You will see on the chart where I labelled y5.4. This means that we are in a wave Y. ...

Elliott Wave Counting with EG

On the way for a wave 3 — This is where I see the Cable going. South.

Elliott Wave Counting with EG

Revised 1 h wave count — Here is the revised wave count for the Cable.

Elliott Wave Counting with EG

my original 1 hour count — This is probably where I went wrong last week.

Elliott Wave Counting with EG

4H — 4H Charts On the 4H chart we see now where the wave X topped which is in the week of January 23, 2007. How could I have missed this? This mistake cost me a lot. Anyway, on with this pursuit of counting waves. This is one of the reasons ...

Elliott Wave Counting with EG

Daily — Resolution is not really good. you will need to download it and view it in your graphics software if you are interested. I will post some discussion re the chart once I finish uploading all the charts. From the Daily Chart we can see ...

Elliott Wave Counting with EG

Weekly Count — Attached is the Weekly Count. Now moving in for a closer look and count, here in the weekly chart, we can see that the wave w down was a 5 wave movement while the wave x was an ABC move. Wave y is expected to make a 5 wave ...

Elliott Wave Counting with EG

Monthly — I picked this up from the Broker before. Based on the monthly count, it would look like we have already reached the maximum or the top for the wave X which is the second wave of a 3 wave ( WXY ) B wave. So we are now looking at ...

Elliott Wave Counting with EG

Now how about 1.9400 or below? Like 1.9389? OR 1.9325 1.9287 1.9265 This is already 1 HELL of a PLUNGE..... This will definitely haunt me for the rest of my life. Not being able to trade this BIG Opportunity because of a very careless act.

Trade Plans by EG

1 pip away from 1.9435 and still we get strong signals to go South. Just now 1.9435 is hit.....

Trade Plans by EG

1.9443 is hit

Trade Plans by EG

You will now ask , Why did I end up with that LOSS when I was infact writing in my earlier posts about the Cable going South instead of North and even giving levels to watch for as TP. The answer is , I was looking for an exit point with less loss ...

Trade Plans by EG

1.9483 has been hit Waiting for the next level. This is one very frustrating day for me. Last Friday I started with 250USD. So Monday in Asia I Started Trading. I got my USD250 UP to USD625 in just 1 day Tuesday I did even better as I Started the US ...

Trade Plans by EG