i am hoping this small time frame butterfly would have ended wave 5 of 1 and is chopping on to wave 2.

Elliot Wave Analysis

Apparently the first wave is not complete yet. I would refrain from selling on corrective waves but would wait until a good move down to buy again smaller lots to catch the third wave. hopefully getting a down move for 2nd wave soon. low adr is at ...

Elliot Wave Analysis

Ok......Thanks for the clarification. corrective waves are harder to put a number on as there are many irregularities (even in patterns). i am expecting a shorter abc in weekly, and this could be the start of a major 3rd wave decline on the dollar. ...

Elliot Wave Analysis

If this count is correct. after the retracement, price could reach either a 100% or a 161.8% as shown in the fib expansion on the chart below

Elliot Wave Analysis

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Elliot Wave Analysis

On a shorter time frame, EU has probably done the first wave according to fibs. Now possibly going down for a second wave. will wait for a retracement to at least 50% before buying again small lots until a breakout from the first wave, when bigger ...

Elliot Wave Analysis

This is the quote from post 429 in which my chart had a good probability of reversing after a 61.8% at 1.1542. The price fell to 1.1510 and reversed. Hopefully this should be quite a bull run. Here is the chart i posted .

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appreciate your input. just curious as to how do you determine the end of waves. If you are using fibs. Kindly show the fib values in your chart, it will help a lot. If you are using any other method, kindly share.

Elliot Wave Analysis

Oh my god ... i have answered that question from you so many times and you never seem to reply. please check the quoted message that i have sent you in the past. Regards

Elliot Wave Analysis

Here is a dxy long term chart

Elliot Wave Analysis

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Elliot Wave Analysis

Thanks for your input. I am not refuting your opinion but i do have a slightly different outlook. I think 95.20 might be the end of this second wave on usd index. Here is my chart. it should be self explanatory. My opinion is based clearly on fib ...

Elliot Wave Analysis

Good charts guys. thanks a lot for your input. EURUSD daily analysis in my honest opinion. I am expecting another 100 pips fall to 1.1542 which will be 61.8 and could possibly be the end of the 5th wave also an end of wave C correction as a second ...

Elliot Wave Analysis

Here is a dxy long term count. According to this count. I am hoping for a long term short on us dollar index. In which case eur/usd should be a long term bull. Let's see how it plays out.

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thanks for your input sixer.

Elliot Wave Analysis

Thanks sixer ...

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sixer, Can i have an updated chart of yours regarding eur/usd ? thanks a million.

Elliot Wave Analysis

B waves can be irregular. This one was. so hopefully i am expecting a good 5 wave rally to 38.2 fib of the 3rd wave as the 4th wave. been buying this B wave a lot. C wave expected to end by 1.2048. here is an updated chart.

Elliot Wave Analysis

Iam hoping that the b leg of the retracement to be over by 1.1885 which is the 61.8 retracement of the recent swing up on eur/usd. After which I am expecting a 5 wave rally up . The figures and chart will be put in a couple of hours as iam not at ...

Elliot Wave Analysis

further to this earlier message, in my opinion, 3rd wave on daily is over and the A leg of 4th wave also seems over, now expecting a down move to around 1.1876 for a B leg and then on to C wave up to 1.2084 which is the 38.2% of the entire move of ...

Elliot Wave Analysis