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needpips replied May 6, 2011this looks corrective still...Id wager we will go up in the near term, yet still move lower next week...then a larger 61.8% retrace then a huge flush south....reversal dead ahead I believe
EURUSD
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needpips replied May 6, 2011I guess we know where the Gov got — its #'s....thanks Mickey D's....terrible
EURUSD
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needpips replied May 5, 2011or a larger 5-3-5 could be a flat...or a ZZ...im not sure since wave 2 I think this Wave 4 will be 92 pips long same as Wave 2 was...check it out 1.46035...Gator u are the man if this holds
EURUSD
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needpips replied May 5, 2011So this is what I am throwing out as a possibility here...which keeps us under 4607 I believe image
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needpips replied May 5, 2011I like this blog...he hand charts like Elliott did...I think he is way better than Prechter...IMHO url
EURUSD
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needpips replied May 5, 2011I studied EWT hardcore over the past year....my take...it looks great on the rear view mirror..BIg Picture..its cool for ABC moves....ie...look at DXY...correction a coming....but I think it gets close to 70.70 first....time will tell
EURUSD
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needpips replied May 5, 2011I went back over a few weeks worth — of times and I noticed where the 2300 typically marks a direction change...FWIW
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needpips replied May 5, 2011What is the significance of 07? ****ok I see why....after 4607...crossing that would be on to the next level...
EURUSD
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needpips replied May 5, 2011ok so EU 61.8 fib of the entire daily move puts us around 1.44589....currently the 50 fib is where we are dancing 1.45521 Is the former (1.44589) where u are looking to arrive (at least as a sign post?) Does 1.46 seem like a good place to add then?
EURUSD
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needpips replied May 5, 2011This move feels more like a wave 4....seems like it will be shaping up for a sideways wind.....maybe into next week before a further fall....2 cents
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needpips replied May 5, 2011Ive never liked BB....to me they seemed to be a lagging indicator...they may work for you....whatr ur settings?
EURUSD