You have to label the waves before the 1-wave, in order to see if there is an impulse or not...

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

For instance, I have put the indicator on the GBP/USD on monthly and it gives any kind of so called dark cloud covers, and not even one is not having the specifications of the "real" dark cloud cover from here. Are there any other indicators please?

Candle Pattern Recognication Indicator

Forex: GBP/CHF, scalper's term outlook (transactions briefing) Firstly, the pair confirmed a short entry by passing the 1.4058 level with its modest profit potential of nearly 6 pips, going to a low of 1.40425. image The pair grew tremendously ...

Trading using two pivots

Indexes: Nasdaq 100, medium term outlook (update) The index has been rising pretty strong to a maximum of 3104.00, validating the upside potential that I've described in the post no. 23; those who had opened that transaction need to close a partial ...

Trading using two pivots

Forex: GBP/CHF, scalper's term outlook (update) Downside movement has been continued and made a total of 54 pips, hitting the 1.41334 (141.4 Fibonacci retrace level measured on the down movement of 1.42185-1.41583). image The pivot lines drawn in ...

Trading using two pivots

Forex: GBP/CHF, scalper's term outlook (update) Down scenario could continue even further As I've said earlier, as long as the 1.4172 pivot it is invalidated the pair remains vulnerable for future price decreases, which already happened. The price ...

Trading using two pivots

Forex: GBP/CHF, scalper's term outlook (update) 1. Heading down scenario could continue even further At this moment, we need to move the S/L in the positive area, because the pivots has modified once again. So, for those who have entered on short ...

Trading using two pivots

Forex: GBP/CHF, scalper's term outlook (update) 1. Up scenario The pair has confirmed the up scenario by closing above the 1.4209 pivot but failed to touch the target by a less than 2 pips. Depending the spread in that moment on your broker the ...

Trading using two pivots

I choose only two most importants pivot levels, the two levels where the price has reacted significantly as far as the this thing can be done. Because there are some situations where, at least one of them, is tricky to establish. In most cases, the ...

Trading using two pivots

Forex: GBP/CHF, scalper's term outlook (update) The down scenario produced about 15 pips, by hitting the 17th July 2013 low located on 1.41936 level. image Now, the coordinates for the future trades are, as it follows: 1. Heading down, if the ...

Trading using two pivots

Forex: GBP/CHF, scalper's term outlook (update) 1. The heading up scenario if the pair breaks the 1.4221 pivot Here are the adjusted target because the price has fallen meanwhile, the target has widden, now it is located on 1.42302. image 2. The ...

Trading using two pivots

Forex: GBP/CHF, scalper's term outlook The pair is moving in a tight range, from 1.4220-1.4210 for about an hour. The bias is down, with the price under the 1.4221 pivot. Given the current technical pair's conditions, the coordinates of the future ...

Trading using two pivots

Looks like the pair is heading down once more after conforming it by breaking the 0.91283 level, targeting the temporary low of 0.89979. After closing partial profit and moving the S/L on breakeven, when the price hits 0.91283 level, the next target ...

Trading using two pivots

You are mostly wright but...despite the fact that the EA can be coded very easily, the EA has to take transactions by the positioning of the pivots drawn manually by me. Not to mention that some situations aren't common and need special attention, ...

Trading using two pivots

Indexes: Nasdaq 100, medium term outlook One month ago, the pair failed to break decisevely the 2843.40 pivot and rejected strongly since then making new highs, toward its maximum of 3086.00 Given pair's current technical market conditions, the ...

Trading using two pivots

I will try to keep them simple and concise as much as possible. If you have any preferences regarding this kind of analysis do not hesitate to demand, not only on the Forex "market", it could be shares, indexes, commodities, treasuries of any kind ...

Trading using two pivots

Forex: EUR/GBP, short term outlook (update) As the 31st of May analysis sugested if the pair would break the 0.8584 pivot the pair will go up, targeting 0.88065 temporary high. At this point, we are currently only in the second leg of the upside ...

Trading using two pivots

Forex: AUD/USD, short term outlook Looks like the pair isn't not heading down, at least not yet. The pair attemped two times to break the 0.9324 pivot level and failed so far. Given the current currency pair technical conditions the main scenarios ...

Trading using two pivots

Forex: AUD/USD, short term outlook From the yesterday's low on 0.90855 level the price rose strongly, making a new temporary high, on the 0.92914. As the price is still situated under the 0.9324 pivot level, the bias remains down. Given the current ...

Trading using two pivots

The pair preferred the scenario which involves the price decrease, so far. Not deceiving enough? Take a look! No wonder that the pair drove the traders crazy, at least the ones who doesn't apply Elliot wave theory. The scenario remains valid. ...

Trading using two pivots