tomorrow being friday, it's quite possible for a reversal. lets hope.

Elliot Wave Analysis

This is my latest count on EU 4 hrs. i am hoping that this move down has ended. ( not sure). so this chart is my hope for a bullish EU. It's not going to be going straight up. will alter the chart once we see a clearer picture of the direction. My ...

Elliot Wave Analysis

3rd target also done... time for me to buy EU Pretty sure most of the retail crowd is selling now.

Elliot Wave Analysis

This is how the big boys take everyone's money ... just look at that drop. Thankfully i didn't take the buy even after it marginally broke the high. lets see where it will go before a buy. first target of 38.2% is done even after an irregular B wave ...

Elliot Wave Analysis

Thanks for your chart. I will wait for break of last high 1.1840 for confirmation .

Elliot Wave Analysis

This is a repeat chart.

Elliot Wave Analysis

1.1714 first target. if broken, 1.1675 2nd target. if broken, 1.1636 3rd target.

Elliot Wave Analysis

The festivities have begun ....

Elliot Wave Analysis

Thanks a million for your chart sixer!

Elliot Wave Analysis

I don't trade this instrument but it looks extremely bullish on my chart and i wouldn't do anything at the moment. Let the commotion and volatility subside . I recon it would go to 2937 with time. Just my 2 cents. Sixer would be in a better position ...

Elliot Wave Analysis

Hope you sorted out the ISP problems and thanks for your valuable input.

Elliot Wave Analysis

Sixer, if you are around, could you please post your latest eur/usd analysis. I guess he is on some island vacation with all the money made from forex...

Elliot Wave Analysis

This message is for those people who do not look at the economic calendar. Today is a very important day. The day when the FED goes for an interest rate hike by .25 points. From 1.75 to 2.00. Maybe it's already priced in but there will still be a ...

Elliot Wave Analysis

Brother, there is no right and wrong in this market. you never know what will happen. we are all sitting ducks in the eyes of the market makers and the big banks. So all we can do is speculate with our limited technical knowledge and hope for the ...

Elliot Wave Analysis

On 1 hour there is a gartley pattern which could go down to the adr low at 1.1715. 61.8 of the last move is also close by at 1.1714. My sincere advise is to wait and watch. not buying as well coz there is a good probability for a lot more downside.

Elliot Wave Analysis

indeed it is confusing. This fast down move has trashed my triangle pattern as it has gone down below my C wave of the triangle. We just have to wait until a clearer picture is seen. EU seems very bearish now at least until 1.1714 as this is the ...

Elliot Wave Analysis

I got out of all my sells in profit .going wait and see where this market will turn now.

Elliot Wave Analysis

No tools no software ... just these old eyes and good 'ol Fibonacci .

Elliot Wave Analysis

2nd chart scenario: This is a WXY where W is already done and there is a triangle formation for X wave and then a 5 wave move down to Y wave to complete this correction.

Elliot Wave Analysis

change of plans. No longer a flat i think. Looks more like a triangle. 2 scenarios possible: First chart: waiting for a 'e' wave to form in the triangle and then an upthrust breaking the trendline for a very bullish move up.

Elliot Wave Analysis