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- loopyno replied Jul 30, 2009
guys i don't know about you but i realized that reading a book or watching a tutorial at least twice with practice in between offers me the chance to understand more things the second time i read the book oh and i saw an article about Prechter ...
Elliott Wave Trading
- loopyno replied Jul 30, 2009
i am searching for it ... and i do not want to pay $60 on amazon

Elliott Wave Trading
- loopyno replied Jul 30, 2009
10x Phi do you guys have or heard of "Applying Elliott Wave Theory Profitably" by Steven W. Poser? loopyno
Elliott Wave Trading
- loopyno replied Jul 30, 2009
a leading diagonal can be found on wave 1 or wave A it can be either 3-3-3-3-3 or 5-3-5-3-5. In the second case wave 4 travels in the price territory of wave 1 (if it didn't, it would have been a standard impulse wave) loopyno
Elliott Wave Trading
- loopyno replied Jul 30, 2009
i have that but in a not so good shape
plus i read parta of it and there was nothing about leading and ending diagonalsElliott Wave Trading
- loopyno replied Jul 30, 2009
i watched some video tutorials ... and i am currently reading Robert Prechter's book, Elliott wave principle - key to market behavior
loopynoElliott Wave Trading
- loopyno replied Jul 30, 2009
good morning to u all! if you ask me, i think it is going a little higher and then down to at least 1.3976. Please keep in mind that i started looking at EU only yesterday
loopynoElliott Wave Trading
- loopyno replied Jul 29, 2009
lol i looked at your picture again and i think you have an expanding triangle over there ...
Elliott Wave Trading
- loopyno replied Jul 29, 2009
i see what you mean but from how things look the move down looks like a standard impulse wave down (wave 1 - not yet formed) i think this level will hold .. but not for long hope this helps loopyno
Elliott Wave Trading
- loopyno replied Jul 29, 2009
man be careful because every ZigZag can be in fact wave 1, 2 and 3 of an impulse wave
i am not analyzing EU at the moment (only GJ) - i mean analyze monthly, weekly, daily, 4h, so that could tell you if this has a bigger chance to be a zigzag or ...Elliott Wave Trading
- loopyno replied Jul 29, 2009
i think it is the end of wave 3 of wave c so i think we will have a sideways wave 4 and a downward wave 5
Elliott Wave Trading
- loopyno replied Jul 29, 2009
Hi Phi — i will because i will start a business in this domain and i am also trying to become a trainer for EWI so i need to be as "up to date" as possible
loopynoElliott Wave Trading
- loopyno replied Jul 29, 2009
i think the move is too "sideways" to be considered a motive wave i would count an X wave loopyno
Elliott Wave Trading
- loopyno replied Jul 29, 2009
to magictrader ... if you count it like that it looks like an ending triangle or a leading triangle (i do not know the "big picture") loopyno
Elliott Wave Trading
- loopyno replied Jul 29, 2009
this is a possible scenario (see attach) again i am not trying to prove you wrong or something ... maybe a different opinion might help
loopynoElliott Wave Trading
- loopyno replied Jul 29, 2009
hey sarasxxx man do not get me wrong ... i really wish for it to go up there ... i am not in a trade on eu but i think it is going to 1.4022 ... i think we have the C wave of a zigzag on the H1 again ... i really hope i am wrong
take care loopynoElliott Wave Trading