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- JahDave replied Apr 26, 2010
Where to start is the subjective part of Elliott Wave Theory. You have to understand that waves are fractals and they are going on at multiple levels continuously. If you give me a particular currency and specify what time frame you would like to ...
- JahDave replied Apr 26, 2010
Here's my count on this...
- JahDave replied Apr 26, 2010
Here Ya go...
- JahDave replied Apr 26, 2010
And let me add to that, I use other technicals and fundamental announcements as well. There is no "Holy Grail" out there....LOL
- JahDave replied Apr 26, 2010
I am using EWT and doing quite well with it. I purchased the book Elliott Wave Principle written by Frost and Prechter 2 years ago. I must have read it a 4 or 5 before grasping the concept well enough for it to help me. It is is abstract and I don't ...
- JahDave replied Apr 26, 2010
[quote=Raza;3668455]Chart[/quote Here are my daily Euro charts. Two views, marked up in Elliott Wave style...
- JahDave replied Apr 26, 2010
Anyway my prediction is Cable down tonight even though it has run up out the gate.
- JahDave replied Apr 26, 2010
You have a very good observation that this could be a triangle. I have drawn out what I think this will do if it is a triangle. I don't think this is a triangle. Look at the fibonacci retracement as well. But I think this is probably a running flat ...
- JahDave replied Apr 25, 2010
I think paragraph 2 on page 60 of Elliott Wave Principle sums this up. Peace
- JahDave replied Apr 25, 2010
My experience is that it will usually break the TL and then go back in the direction of the trend for a while and then it will break it for a long time on the next try...
- JahDave replied Apr 25, 2010
That would coincide with the U.S. stock indexes starting down shortly after thereafter. I have the dow in an ending diagonal as my preferred count, but it could 7 to finish a triple three.
- JahDave replied Apr 25, 2010
I think the euro union will come up with a gimmick and the world will buy it for several months and then see through it as a fraud...
- JahDave replied Apr 25, 2010
The really odd part about this for me is that I am an elliottician, and elliottwave says that we are in wave five down now which will probably end in several weeks. Now I, being of at least a little common sense know that the euro should go down for ...
- JahDave replied Apr 20, 2010
An alternate possibility, It could go as high as 1.5705 without invalidating the wave count. I think it will push down short term for the b wave of 4 of C, But then go up to at least the 1.57 to finish the C of 4. Technically it definitely could ...
- JahDave replied Apr 20, 2010
Dear Myzra, I really hope I don't offend you, but I mainly use EWT. I have an if done order to buy at 1.41 Based on elliott wave: the 1.4060 range is probable and the 1.3934 means my count is wrong. That is on the ask chart. I have regular success ...
- JahDave replied Apr 19, 2010
I closed my long at 1.42 several hours ago and put an if done to buy again @ 1.41.
- JahDave replied Apr 18, 2010
Here is my chart and 2 cents worth.............I hope it helps others and makes them some money.
- JahDave replied Apr 17, 2010
It's not over yet. One more wave up and then down......Then there will be a large counter move
- JahDave replied Apr 17, 2010
These are my charts...I hope it helps...
- JahDave replied Apr 17, 2010
Hope you are well Pippy. Here is my day chart for the USD/CAD. I'm not real sure on the count because the C wave is really long, but c waves are usually the most like third waves which means they are the longest.