EW on gold daily ... five waves up seems to have completed and 2nd wave retracement going on... a wave might finish with a gap down on Monday. then we wait for wave b and finish with a wave c down to 50% of the move. Once retracement completes, we ...

Elliot Wave Analysis

based on the previous report here is a summary of the analysis to which i will be trading this week. Good luck to all.

Elliot Wave Analysis

Cot data was published yesterday and here is my take on it. Posting last week and this week's analysis. Try comparing it and make decisions.

Elliot Wave Analysis

Hourly charts will only give you very recent moves. COT data analysis runs for weeks and months and during that time there will be many dips and rallys which i will cover with elliott wave and fibonacci but with hourly chart anyone can get confused ...

Elliot Wave Analysis

image

Elliot Wave Analysis

image

Elliot Wave Analysis

Net long does not mean there will not be corrections. The market does not go in a straight line.The big traders need to coax the retail traders to join in , so they will bring the markets down and then when everybody's on board, they will take it ...

Elliot Wave Analysis

potential retracement to at least 38.2% and it could also overshoot to the next demand level as shown in the chart before the next upmove. I wouldn't sell in this extremely bullish market but wait for this market to come down and with the help of ...

Elliot Wave Analysis

gold fib levels of recent count. (daily bars)

Elliot Wave Analysis

gold has been in a bull market for very long and it has touched a supply line from way back (more than 5 years), so i am expecting it drop considerably to at least the next demand level. but before jumping the gun, we will wait for the next cot ...

Elliot Wave Analysis

If you open the indicator and scroll down on the input tab, every color code is mentioned there but since you asked here it is .. Strong support : BROWN weak support : yellow retouching support : dark green strong demand : blue weak demand : hot ...

Elliot Wave Analysis

yes the data is from 18th coz Tuesdays are the days they(huge reportable traders) submit the report to CFTC and it is published only every friday after market close. On Monday morning there are some gaps in the market due to this. There is no newer ...

Elliot Wave Analysis

alternatively for relative strength, you can also check url . click on quarterly performance to get a clearer picture of recent strength.

Elliot Wave Analysis

Thanks for those buddy ... very useful ..

Elliot Wave Analysis

yeah that is very easy ... once you go to the site i mentioned before . DO a Ctrl F to find the asset you need and you will get some thing like this ... suppose you are searching for GBP.. you only need non-commercial data and it's all mentioned in ...

Elliot Wave Analysis

Hi Isensefx, thank you for dropping by. although this is not a holy grail that traders are searching for (if there is one ) .. but might come a close second. We puny guys have to follow the big traders as they move the market and who ...

Elliot Wave Analysis

Folks, It's been a while that i have posted in this thread. The reason is quite simple .. analyzing this market with Elliott wave alone is not simple and also to make up one's mind as to which pair to target was also confusing. Since the last few ...

Elliot Wave Analysis

Selling oil as well ... can you show me a crude chart as well ?

Elliot Wave Analysis

i hope so ... coz i am selling dow and s&P like there's no tomorrow ..... lol

Elliot Wave Analysis

Count was wrong on dow and now there is a good chance of almost reaching the high of the last major wave. technically second waves can reach the 1st wave... so letting it be for the time being. my stop loss was hit. if it breaches the high, then we ...

Elliot Wave Analysis