This is looking good, risk free trade now.

Elliott wave outlook

yep, familiar feeling, especially now (eh, last months, years?) that euro is correcting, smaller tf's are many times such a mess, easy to get lost keep it up, dude, you are doing good

Elliott wave outlook

#euro st — Here's my short term view for euro. A friendly warning: corrections are difficult to forecast. Anyways, these moves fit nicely in the bigger picture. image

Elliott wave outlook

Gold 4h — Gold 4h chart looks pretty clear atm, so I'm expecting continuation of downhill slightly below 1700. Impulsive count is an alternative. image

Elliott wave outlook

Well, not really. This pound down move is corrective, and when I was talking about the reversal, I'm expecting a new top for pound (and euro too), near 1.64, so something like shown below. There's also divergence building up on CCI, if you wish to ...

Elliott wave outlook

Looks like an im, 5th ongoing. One minor low is missing, expecting reversal near 5970...

Elliott wave outlook

#eurjpy weekly — Here's my eurjpy weekly chart. This count seems to be pretty well in line with my previous usdjpy count, suggesting a strong up correction. Once wave ii correction, after leading diagonal, is over (maybe near 114, too early to ...

Elliott wave outlook

#usdjpy — Little bit late with this one... targeting slightly above 85 Keep in mind jpy crosses too! image

Elliott wave outlook

Well, that's nothing new. I was their subscriber a few years back, and at that time the team that was updating counts had two shifts. So in the morning they had different persons doing the counting as in the evening. These shifts had different ...

Elliott wave outlook

Hi Market, how are you doing? Don't see you much at DailyFx any more. Hope everything is fine. Yes, I know those, but from my point of view they are pretty useless. You never know if the guidelines are going to hold this time or not.

Elliott wave outlook

Yep, that is one part of the trick. Corrections are an other. You need a few rules (note no guidelines) for the purpose.

Elliott wave outlook

I do not agree. Two reasons for this, either we can not identify the correct structure of the wave, or we do not use our ratio tools in a correct way.

Elliott wave outlook

Many options atm, but as always, I like to keep things simple, so this is my preferred count ;-) image

Elliott wave outlook

#euro — Here's an update to my earlier chart. I don't think we are done with this up correction just yet, so I'm still expecting 1.313 to be met. But first, euro needs to drop a little... image

Elliott wave outlook

Just testing some of my own stuff.

Elliott wave outlook

Yep, euro turned out more complex than what I thought in the first place. This is how I now label it, pretty much what you have. Expecting reversal near 1.313 image

Elliott wave outlook

Obviously no. Ed seems to be in progress, currently in wave 4...

Elliott wave outlook

Try long again at 2720...

Elliott wave outlook

No, the count that I proposed earlier does not work out at all... As the correction has progressed, and I look at my earlier end forecast, and eurx and usdx, it is easy to notice that 1.28 can not be correct estimate for the reversal point. I need ...

Elliott wave outlook

Euro 4h — I think we are still in wave 4, and euro is trying to work out this tricky correction. I'm stubbornly sticking to my earlier triangle idea, so lets call this one a skewed expanding triangle... Oh well, in any case this is what I ...

Elliott wave outlook