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- Jesus4748 replied May 19, 2010
a break above the recent high will take the price to the resistance zone and the appourtunity for short ,, a break down the channel will be a short too
- Jesus4748 replied May 19, 2010
after the successfull trade i posted yesterday which came out very accurate on the AUD / USD my trade today will go for the CAD.JPY , cause the risk is limited there , unlike the AUD USD AUD JPY , which i might not be able to set a limited risk of ...
- Jesus4748 replied May 18, 2010
this chart i posted earlier , it worked perfectly even when i gave to possibilities but if anyone read my post , i said i ll go with the push up first before the sinking , and thats what happened ,,
- Jesus4748 replied May 18, 2010
if anyone checked this chart ,, it worked PERFECTLY today
- Jesus4748 replied May 18, 2010
sorry forgot to post the chart lol
- Jesus4748 replied May 18, 2010
2 probabilties i see now wave e up before this triangle breaks lower to wave 5 we r on wave 3 already i m more in to the first one cause i see 3 waves down which stress on the trangle e wave up before down with the NY session approaching and the s&p ...
- Jesus4748 replied May 18, 2010
8825 which is the wave 4 of the 3rd wave down could be a good resistance too so levels to watch for an ending for this ret is 8790 8810-25
- Jesus4748 replied May 18, 2010
thats an update for my Elliott waves analysis , i know some of ppl got caught up with this down move but it was just wave b of the abc correction i m looking at 3 waves up so far with 2 to go ,, possibly ending at double top or the 129% of the wave ...
- Jesus4748 replied May 17, 2010
i m posting 2 charts ,, one i didnt mannage to post earlier cause of the stupid internet explorer that i got second one shows the possible end of wave 3 down with a ret. to come ,, confirmed by momentum , MAGD , RSI div. and the most of all .,, 5 ...
- Jesus4748 replied May 13, 2010
i see a very short term move down from here , i dont think it ll touch more than 9010 ,, but i m not sure where it ll rest and what it ll do next probably in to the 8975-8950 area then it ll decide where to go
- Jesus4748 replied May 12, 2010
nope there is no elliott waves ind.. its a big study and practising but its the best way
- Jesus4748 replied May 12, 2010
didnt really reach my high but it got to the lows i mentioned and bounced back up may see a test of 8990 or maybe a break up ,, not sure with all this volaitlity
- Jesus4748 replied May 12, 2010
i would look at the gold to set the direction for the risk its going up with the dollar now and its correlation with the AUD is very low now when everything crashed it went throught new highs and when everything is consoldating , it went to all ...
- Jesus4748 replied May 12, 2010
i expect a hit to the 8985 level and a possible short term ret. to 8940-55
- Jesus4748 replied May 12, 2010
i use elliot waves i see the best entery if assuming it ll break higher is 8940-45 thanks
- Jesus4748 replied May 12, 2010
i m refering to the same rejection from the 8975 level happened yesterday and it happened now ,, it could breah it but it would have gave u better entery not at the exact 8970 price u should long !!! if u believe it ll breach it then u should have ...
- Jesus4748 replied May 12, 2010
its a very strange long entry ,, u r longing right on a resistance level !!!!!!!!!!!!!!!!
- Jesus4748 replied May 11, 2010
nothing better than a good sleep lol
- Jesus4748 replied May 10, 2010
and btw its the weekly 20 MA too
- Jesus4748 replied May 10, 2010
i guess i was right on that 9070 importante level call today ,, and it did hit down and waited for the us open to try again but with all this equity rally it couldnt go higher till now ,,, i think its gonna close the day on an invested bearish ...