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infinitus replied Oct 11, 2010yep, see it. Maybe throw over, than back north? Stochs on all TF up to 1h in overbought mode.
EURUSD
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infinitus replied Oct 11, 2010Hi Manojsai, you have to decide what you believe - and more important - what you trade. I do not think in terms of EW sh!t, TA good, Candlestick Voodoo, PA holy grail, or vice versa. Tell me the names of the few TA-People, that saw the drop coming ...
EURUSD
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infinitus replied Oct 11, 2010On hourly chart PA sits right above Kuomo and Tenkan-sen, sits on the MM 6/8 line P=256 and is near upsloping trendline (which runs since end of August) Two significant EW-Counts (main and alternative) would need for best count a upsloping price ...
EURUSD
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infinitus replied Oct 11, 2010Yo wrote something very meaningfull: a) if it is a wave four we will need time to reach alternation b) and you mentioned overlapping form That is what I say/mentioned a few posts ago. Your count is not really that wrong, but it is not complete right ...
EURUSD
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infinitus replied Oct 11, 2010Hi, thanks for your kind answer. And yes my pain is away :-) Please check it again. You can have a 5-3-5 (zigzack), a 3-3-5 (flat) and a triangel 3-3-3-3-3 and combinations of it. But with this all a,b,c,A,B,C, w,x,y,z lately the head is spinning ...
EURUSD
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infinitus replied Oct 11, 2010Hi Nawafasad, hope you had a nice weekend. Saw your chart and I might point you to a special wave, which makes the count questionable. Take the last subwave C of your black A-wave. That was the huge drop. On 15min TF one has a single candle (could ...
EURUSD
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infinitus replied Oct 11, 2010main and alternative count 210102010 noon 15min micro ld eurusd bearish eur — I have updated the counts. The alternative count with the triangel gets more and more likely, and my main count ugly. But see pictures on my blog.......
EURUSD
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infinitus replied Oct 11, 2010Hi, for shorting stay under the last high 1.4029 as entry. If you go over that high, you will play the scenario of the triangle. But it might unlikely, that it will run that high
EURUSD
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infinitus replied Oct 11, 2010Good Morning Sir, slept well? Have a nice and successful day, Markus
EURUSD
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infinitus replied Oct 11, 2010Hi tazzam, I think the upmove from this night might be ready and we are now in LD as subwave 1, maybe ready - and start of subwave 2 What do you think
EURUSD
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infinitus replied Oct 10, 2010subwave 4 of C correction seems broader than expected. Another down up sequenz evolving Target down 1.3947 up Targets between 1.4008 and 1.4015
EURUSD
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infinitus replied Oct 10, 2010Yep, exactly, waiting for EURUSD to reach 1.4008 to 40152 to reverse
EURUSD
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infinitus replied Oct 10, 2010Hello Gator, you asked today about EW counts of other currencies. I came along this one: http://theelliottwavesufer.blogspot.com/2010/10/audusd-we-are-in-last-part-of-rally.html
EURUSD
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infinitus replied Oct 10, 2010This short is a no brainer out of my sight. Go with the take profit level lower. First bouncing point could be around 3916. But keep in mind, that we can try a last move up till 4029. You can place your SL a few pips behind that. If we breach that ...
EURUSD
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infinitus replied Oct 10, 2010I donot know how you will get a new high without going first down over nearly 200 pips. You can not make a new high out of a highly corrective mode.
EURUSD