The (X) looks like 5 waves.

Elliott wave outlook

I believe next 4 hour bar will give us some kind of bigger movement. Bollinger Bands really contracting on 4h chart. See you guys in hour and a half!

Elliott wave outlook

Olu, our .3400 target might not make it before the fall.

Elliott wave outlook

The only thing on your chart that doesn't look right is (W) moving to the (X) it looks more like a (5) wave instead of a (3).

Elliott wave outlook

Eu is starting to look more and more like a Head, Neck and Shoulders!

Elliott wave outlook

I believe in this count, w is a 3w, x is a 3w, Y is going to be a 5 wave we have completed 1 of 5 with 5w, 2 which we are in is a running flat abcde e might extend slightly....then we will fall with the 3w and counting down with 4 and 5 to finish ...

Elliott wave outlook

Here is my chart on 15min...

Elliott wave outlook

What time frame are you talking about? Show chart please. I have 5 finishing at 1.33103 this morning and current abc still working

Elliott wave outlook

On 5 min I am looking at extended b and now 5 waves down to .33415 for C. Then I will be going long from there to hopefully .3400

Elliott wave outlook

I am looking at .34038 to be maximum high. Since it is Friday I am only scalping today.

Elliott wave outlook

The jedi force is strong with you. I am looking at the same thing. Good luck to us!

Elliott wave outlook

EU possibilities, my last hour 4h was negated so I am leaning toward a 5-3-5, w-x-y formation. Target .3264 to end wave A.

Elliott wave outlook

It is going to have to take a breather sometime, don't you think?

Elliott wave outlook

Well my .34928 didn't hold -24pips to wake up to and then EU had a 50 pip sell off. Lets see if we can decline some more.

Elliott wave outlook

I try not to look at Fundamentals, but when it doesn't make sense, I am talking US as well, I look to see what is moving markets. These have been great discussions, look forward to hearing more opinions.

Elliott wave outlook

Here is the data I have for real GDP 2008 2009 2010 2011 EU (27 countries) 0.3% -4.4% 2.1% 1.5% Euro area 2.2% 0.4% -4.4% 2% 1.5% Here is the US GDP numbers compare with dollar index. I see a direct correlation when any country currency falls GDP ...

Elliott wave outlook

I hear the French are trying to get G. Soros to convince Draghi that he needs to lower the Euro or quantitative easing, print more euro to devalue the Euro.

Elliott wave outlook

Hey Thodie, do you think that Europe can sustain higher Euro prices? I know the Weidmann thinks so. What about Draghi?

Elliott wave outlook

One of my reasoning for depressed EU is that Europe, I believe, will have to lower their currency to export more goods. A high Euro it will be very difficult to raise GDP. Also I believe it will take some time to do this, maybe even a decade.

Elliott wave outlook

Here is one of my looks at the Monthly EU.

Elliott wave outlook