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- Dick Tracy replied Nov 23, 2012
Nix gut, to justify a count using fundamentals. They may or may not get the Greece deal done, or they may or may not agree on EU budget, or ... there is no end to that kind of speculation.
Elliott wave outlook
- Dick Tracy replied Nov 23, 2012
Luis, don't close your positions, euro will soon turn down
Seriously. Elliott wave outlook
- Dick Tracy replied Nov 22, 2012
Seb, imo this is just an ordinary flat correction, with impulsive C (e.g. an ending diagonal). Potential reversal at 2980, which still fits nicely with the overall structure. If the price exceeds that level, then obviously my scenario is not ...
Elliott wave outlook
- Dick Tracy replied Nov 21, 2012
I'm with you here, Seb. Also the reversal point seems to be the same. DT
Elliott wave outlook
- Dick Tracy replied Nov 20, 2012
Euro seems to be heading lower, perhaps to 2750, and if my scenario about ed is correct, then higher again... But px is so messy, better to wait for a while... lot of "ifs" in the air atm
Elliott wave outlook
- Dick Tracy replied Nov 20, 2012
"Olu: possibility that euro is going much higher ..." I do not think so, not yet, euro has to drop lower before returning to uptrend again. Here is my take for euro short term. This could turn out a complex correction, but if this is a flat, then ...
Elliott wave outlook
- Dick Tracy replied Nov 19, 2012
Heck I do not know what this is, yet, could also be 3rd wave of a triangle... but it seems to be ending here.
Elliott wave outlook
- Dick Tracy replied Nov 19, 2012
Still keeping my longs, and waiting for that 2795...
Elliott wave outlook
- Dick Tracy replied Nov 18, 2012
Seb, if you take an other look at the count, you'll notice that there is no overlap - 4th wave triangle ends well below first wave. Not the prettyist impulse, though. Does this hair splittin have any relevance? Well, maybe some. From my point of ...
Elliott wave outlook
- Dick Tracy replied Nov 16, 2012
Ok, thanks Seb, that is fine, but could you also count your first zz like this, simply as an impulse? Do I miss something? I have to admit that I did not check my count on 1 min chart... image
Elliott wave outlook
- Dick Tracy replied Nov 16, 2012
Seb, is there some reason why not to count both down moves as impulses? DT PS. I agree, euro correction is not done yet. Looking for 2580 to go long...
Elliott wave outlook
- Dick Tracy replied Nov 14, 2012
The up move is so messy that there could also be a 4 th wave triangle under construction. Possible reversal at 1.2765...
Elliott wave outlook
- Dick Tracy replied Oct 25, 2012
#gold 4h chart — Here too the forecast was accurate. Now a risk free trade if you took it. image
Elliott wave outlook
- Dick Tracy replied Oct 25, 2012
#gbpusd 4h chart — This down correction ended as I thought, but the correction seems to be continuing... here's what I'm expecting next. image
Elliott wave outlook
- Dick Tracy replied Oct 23, 2012
#euro st — A slight adjustment of patterns. Targets remain the same. Edit: no triangle here, euro is working out something else :-) image
Elliott wave outlook