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Flynchenberg replied Nov 1, 2011Yes, can see that, but I do not have any wave count of this, only pitchforks. Nice call btw, You said 1720 is top, then it went there, then to 1750 on EZ euphoria and now is dropping so I reckon 1750 is top of wave 4 and now it is in wave 5 down. Seb ...
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Flynchenberg replied Nov 1, 2011This is what I'm asking, my count does not makes sense now. Current 1-2, 1-2, 1-2 count is extremly bearish, ABC does not makes sense at all. I just do not know how to count the first two waves... Will go back to it after lunch with new count, need ...
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Flynchenberg replied Nov 1, 2011Can You take a look at Sid chart of EURUSD. In the middle of the chart, just after wave b pink there is abc count as wave 1 green.
SebSpider's Den
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Flynchenberg replied Nov 1, 2011Markus, 1.3652 low here so far. Do we wait for something like 1H close below 1.3656 to confirm wave 3 down highway to hell?
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Flynchenberg replied Nov 1, 2011We need 25 pips to confirm that this is indeed wave 3 blue mate. We will see... But as far as I know miracles happen in the Bible only... Seb
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Flynchenberg replied Nov 1, 2011How about that guys... 23% Ret is @ 1.3757 but I guess we might go as high as 1.3800 - 1.3810 to reload shorts.This level was a support ( now broken) and 38.2%Ret level of latest extended wave 5. Hope it helps, Seb Seb
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Flynchenberg replied Nov 1, 2011Morning Makrus, Morning Spiders, Morning all, I will count the waves and try to suggest something but with current situation it might not be easy. Maby supply/demand levels will help. Will see, Seb
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Flynchenberg replied Nov 1, 2011Absolutley agreed, what else can i say we are in wave 3 impulse down as hell.
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Flynchenberg replied Oct 31, 2011LOOOOL, I knew You are going to say that
EDIT: LOOOOL. 1.3848, I have to count the waves again
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Flynchenberg replied Oct 31, 2011LOL, I'm still waiting for Fitch to downgrade France then.
This is going to be mayhem
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Flynchenberg replied Oct 31, 2011
Cheers mate, bur EW online forecasting business is quite stuffed right now, don't you think? SebSpider's Den
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Flynchenberg replied Oct 31, 2011Update mate
My reasoning (violet waves): 1 - impuse 5 waves 2 - simple abc correction 3 - impulse with extended 5th wave 4 - complex correction due to wave 2 was simple correction 5 - simple impulse wave due to wave 3 was extended fifth There is ...Spider's Den