sold oil as well as it reached 50% retrace.

Elliot Wave Analysis

eurusd did not go to 38.2 it broke the wave 3 low just after a 23.6 retrace. so i have sold here until 61.8 for the 5th wave. 1.2268 is 38.2 1st target 2nd tp at 61.8 (1.2226).

Elliot Wave Analysis

GBPUSD Daily/weekly (not very confident on the count so i am not trading this pair on live). this is my 2 cent view. on a weekly timeframe we seem to be on the 4th wave. I am not sure if it is completed or not although it seems complete. Now we ...

Elliot Wave Analysis

eur/usd 1 hour chart. eurusd seems to have finished 3rd wave and it's on the 4th wave which will go to 1.2347 (38.2) and then go to 5th wave down which is coinciding with the adr low for the day. 1.2238 is the target for the 5th wave. Hopefully it ...

Elliot Wave Analysis

WOW! You are a 2009 member of FF and you have 5 posts. usually if you read the contents of the chart posted, you can easily understand the pair i am talking about. I usually post charts of daily or hourly. regarding tag, if you mean subscribe to a ...

Elliot Wave Analysis

all major moves for today seems over. Average daily range has been reached in most pairs except aud/usd. so i am expecting some counter trend trades to happen. i will close for the day. Safe trades to all.

Elliot Wave Analysis

please note these are all my 2 cents of EW knowledge, if anyone is trading live with these calls, please use strict stoplosses so that your account doesn't have much of a dent. Let's see what happens . If you are checking my trade explorer, please ...

Elliot Wave Analysis

On usdcad, i believe that a 4th wave seems complete. it has reached the 4th wave of a lesser degree and also a 61.8 of the last 3rd wave, so there is a good reasonable confirmation for a move higher to finish the 5th wave. chart can explain all.

Elliot Wave Analysis

On usoil, i believe that a major wave 4 is complete and now there is a 5th wave down to a lot lower. so i assume on a lower TF, 1,2 and 3 waves are hopefully complete with a 161.8 tanking. Now there might be a 38.2 move up and then another tank for ...

Elliot Wave Analysis

According to me aud/usd is the bearish of all majors. This chart shows a series of 1-2, 1-2, 1-2 waves . I am hoping for this pair to break 0.7596 for a good bearish move in the coming weeks.

Elliot Wave Analysis

on EU front, just as in usd index i am a expecting a 3rd of 3rd wave down. first target is 1.2255. a robust confirmation of a good bearish move will be after it tanks below 1.2154

Elliot Wave Analysis

i am still favoring that dxy is on a third wave up but we need a break above 90.84 to confirm it . I am hoping that the 2nd minor wave is over and this impulsive move today has shown some meat in the progress. if it breaks the low 88.14 then there ...

Elliot Wave Analysis

We need to plot the counts on a higher timeframe then work our way down to 1 hour and plot the counts. I usually dont go below 1 hour. Its reasonably accurate and you will get the count for a week to two weeks of trading. This my humble opinion.

Elliot Wave Analysis

Firstly, there are no stupid questions. If you don't question, you will never know. I have posted many charts in this forum with different time frames which is why you have this confusion. I think these charts below might clear that. The other side ...

Elliot Wave Analysis

last night's FOMC was bullish for the dollar but once the press conference started, index started falling. although it has made a new low in the correction (in my honest opinion). i am still not convinced that we will make a major low again unless ...

Elliot Wave Analysis

short term GN can move another 100 pips up to minor 5th wave and then drop as well... Since this is a wave 2 it can reach 99.9% of wave 1. i am expecting a drop from 1.9725 max.

Elliot Wave Analysis

trade very tiny lots on this pair as this is the most volatile pair . keep stop losses

Elliot Wave Analysis

Gbp/nzd is most probably on the 5th wave down. it can go up some more but i have put an invalidation line. The retracement to 61.8% is done on the 4th wave and that has brought the market down. presumably waver 1 minor is over and wave ii is in ...

Elliot Wave Analysis

Absolutely!!!!! wait for a breakout from the high of the third wave and let it go to 61.8% of the entire 1-4 waves. i will update the charts once that is accomplished.

Elliot Wave Analysis

Short term oil has already reached 161.8 which is probably end of wave 3. Now we can expect a retrace to a minimum usual 38.2% for the 4th wave and then a rally to fifth wave. here are a couple of charts.

Elliot Wave Analysis