Good probability. just waiting for confirmation to go short. thanks for the input.

Elliot Wave Analysis

Thanks for the charts and also for pointing out my error. Will try to spell correctly from now onwards. On the bigger timeframe it had not done even a 38.2 expansion of wave 5 but when it moved impulsively on lower timeframe, I thought wave 5 had ...

Elliot Wave Analysis

Thanks for the chart. Iam at the same confusion of your white wave as well.in that case we need another high.

Elliot Wave Analysis

Dollar is strengthening and corresponding pairs are showing weakness. Iam waiting for bounce up for wave 2 to take a low risk trade down to wave 3 on eurusd.stop will be high of the previous swing. Will be adding sells upon breakout. At the moment ...

Elliot Wave Analysis

Good chart buddy for the 4 hr. hoping for a short as well. i am not confident of my count on GU which is why i haven't posted it yet. waiting for some more confirmation. Thanks for the chart.

Elliot Wave Analysis

You are welcome ! i am sure you will not be disappointed.

Elliot Wave Analysis

can you please post a chart with your fibs on it?

Elliot Wave Analysis

which chart are you referring to? Is it the daily eur/usd chart? the daily chart is, as you know a longer timeframe and you don't expect to make 20 pips from it. The chart i have displayed on daily should yield nearly a thousand pips (of course not ...

Elliot Wave Analysis

Good morning... This would be my hourly count for eur/usd if correct, the picture depicts where i am expecting euro to go this week. wait for wave 2 to complete to take a low risk trade to get wave 3. put stop loss above the start of the 1st wave.

Elliot Wave Analysis

I have opened a demo trade explorer along with this thread to monitor the trades.

Elliot Wave Analysis

This is my daily chart on eur/usd. I am hoping the 5th wave has already completed and the major decline for wave 2 has started. We don't know what kind of pattern it will take at the moment. We will see as it develops. 2nd wave is hoped to be ...

Elliot Wave Analysis

thanks for stopping by. please contribute whenever you can. Hoping to develop this thread with some good analysis from fellow members.

Elliot Wave Analysis

Please trade with caution, keep your stop losses in place and trade safe. Technical analysis can go wrong anytime and market does what it wants.

Elliot Wave Analysis

The same goes with eur/usd. There could be a gap down for wave 1 then a up move for wave 2. If all goes well, we can sell on top of wave 2 for a good down move for wave 3. chart will be the opposite of dxy.

Elliot Wave Analysis

here are 2 charts on 1 hour. I am expecting a gap up on dxy on monday morning to wave 5 at 61.8% or even 100% as wave 1. then a decline to 50 % of that move as wave 2. chart will follow once this move is done.

Elliot Wave Analysis

Lets start off with DXY chart. Here is a daily chart. I am hoping that 5 th wave has ended for major wave 1. now waiting for wave 2. expecting this will take 3-4 months to complete. If this is a correct count, then a correction to wave 2 will ...

Elliot Wave Analysis

there is a good confluence on fibs at 1.2580 which ends the 38.2 of 5th wave on daily and the 3rd wave on 4hr. if you notice the 2 pics i am posting. Good chance of a reversal at these levels. just my 2 cents.

EURUSD only

1.2580 is the 38.2 % for the wave 5 selling in or around there.

EURUSD only

not doing anything now. I guess week showdown is over. Needs some retracement to enter long again. Sidelined at the moment. Probably US news will bring sone bulls down. Trade safe.

EURUSD only