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Elliottway replied Dec 23, 2024The Friday 4-hour candle hasn't closed yet, but it looks like the market is trying to make a retracement. The key retracement points are at 2613 and 2605. The final outcome will depend on how the candle closes and which timeframe is being used. I ...
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Elliottway replied Dec 23, 2024Both statements are true when considering the coming days. As you know, it is important to respect the higher time frame when determining the direction of the trend.
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Elliottway replied Dec 23, 2024Right now, the consolidation range is fixed between 2605 and 2622. If the New York session pushes down, we should see it test near 2605. Personally, I believe the 5-wave count from 2724 is finished, and we could see a move up to 2664–2684. However, ...
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Elliottway replied Dec 23, 2024As you often say, today matters, tomorrow will be different. For now, the focus is on the present. With wave analysis, we can’t definitively say whether the close will be above or below the trendline yet. The market is dynamic, and we need to wait ...
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Elliottway replied Dec 23, 2024We don't need to worry; I have the perfect solution for this trend shift. A break above 2622 signals a bullish move, while a break below 2605 indicates a bearish trend. Currently, the price is at 2617.
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Elliottway replied Dec 23, 2024Are we heading towards 2684 or 2564? The daily chart indicates an upward trend, suggesting a target towards 2684, while the 4-hour chart is pointing downward, indicating a potential target around 2564. Which timeframe will dominate? Will the daily ...
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Elliottway replied Dec 23, 2024Hello, I hope everyone is doing well and staying busy with trading. I trust that you're making enough money to secure your own and support others as well. Wishing you all the best of luck!
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Elliottway replied Dec 20, 2024It has been a very good day today. I hope everyone has made enough money. Let's be sure to ride carefully and stay safe. Wishing you all a happy weekend!
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Elliottway replied Dec 20, 2024At what point would you consider a trend shift as a signal to buy?
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Elliottway replied Dec 20, 2024Yeah, I get what you're saying. Trading can definitely feel like a rollercoaster, easy come, easy go. People can say what they want, and it’s up to us whether we listen or not. Totally agree with you on keeping things to ourselves when we're not ...
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Elliottway replied Dec 20, 2024Hey, no worries at all, my friend. I know there's been no ill intent, and I appreciate the gesture. I'm all about peace too, and there's absolutely no need for apologies. Let's keep things good between us always.

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Elliottway replied Dec 20, 2024Please don’t compare my perspective with your confluence, as we are engaging in a very friendly exchange. Can’t you feel this from within? You are trusting your analysis and trade setup, but I never questioned that. I laughed simply because of the ...
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Elliottway replied Dec 20, 2024I can really feel something strange in this forum thread. People seem to be so jealous and cunning, and I can tell why. Since last night, I’ve noticed that some people who share their thoughts on the market seem to have the intention of confusing ...
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Elliottway replied Dec 19, 2024like today 2625 and 2612 below manipulation. But, 3 shots 1 kill. Need an explanation
If am not wrong. 3 after 1 pullback on every break. Might be divergence = kill shotGold
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Elliottway replied Dec 19, 2024You might already be familiar with this game, or perhaps you've heard of it before.

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Elliottway replied Dec 19, 2024They often confuse traders by changing the retracements or extensions. But I won't give up easily. If they change the patterns, I can usually spot it. If I miss something, I'll learn from it and do better next time.
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