Yea it can't seem to find support!

Elliott wave outlook

On the hourly chart this w5 definitely looks impulsive. So we can assume it will try and make it over .3403. We will have to wait for one or two more days to see if it does, definitely alot of resistance.

Elliott wave outlook

Has it hit .3500 yet? At least we have some movement in that direction, finally!

Elliott wave outlook

I like your thinking...I have been long .3281 for hours now. I should of taken off the trade earlier bbut I was out and about. My target .3500!

Elliott wave outlook

Long here for me .3281 Stop: .3250 Target: .3500

Elliott wave outlook

LC every chart on these threads are always COULD be...Of course everyone of us has a slightly different way we trade it is good to see all different scenarios and opinions but when it comes down you have to make your best judgement when you enter a ...

Elliott wave outlook

What LC you don't like my white background? What is giving you a headache?

Elliott wave outlook

I am calling it a 4th of 5th on my charts...here is what I have. I don't know if the 4th wave has completed so still waiting but I think it is close. One more leg up for 5th of 5 th wave, hopefully it will be an extended 5th but not likely. .3500 ...

Elliott wave outlook

I agree!!!

Elliott wave outlook

Goldman predicts it will go to .3700 with a stop at .2900....now lets look at this. Currently the EU is around .3350 and they have a target of .3700 that is 350 pips away and a stop that is 450 pips. Lets says that Goldman got in around .3200-.3250 ...

Elliott wave outlook

.3700?

Elliott wave outlook

This is what I have on my 4hour chart...

Elliott wave outlook

Here is my Daily...I think we all have pretty much the same thing. EU has to get at least above 1.3307 to finish wave 5 (without being truncated). But just how far we will have to see (yellow box) could get as high as .3800 area depends on how much ...

Elliott wave outlook

I am glad they didnt raise interest rates...but according to long term EW this should be short lived. The Euro will be depressed here in the next month or two. Lets face it Europe, US, Japan, China (somewhat) have all overspent and have caused these ...

Elliott wave outlook

I agree that is what it normally would do but I think it would have the adverse affect for a short period of time so it would go up due to stimulation "Hopium" but in the long run it would depress the Euro. I never said it would be a good idea if ...

Elliott wave outlook

Hey LC, I was just reading your quote below about the nuts...Let me correct your English if I may....it is either "I am not nuts, it is just EW" or "I have no nuts, it is just EW" and I have seen you trade and it seems like you have nuts so I would ...

Elliott wave outlook

I think Draghi doesn't want to tell the Germans that you won't make any money on the billions you have given us but you have to give credit for business to borrow money to stimulate economy, how else are you going to stimulate?

Elliott wave outlook

As long as we stay above .3015 Longs are still in play, in my opinion.

Elliott wave outlook

The thought of the ECB possible rate cut to zero to help credit should push EU up today with hopium!

Elliott wave outlook

No on the weekly, that first A wave, I extend the length of wave A from the bottom of wave B and 1.618% gives you wave C usually. It is around .4436 on the weekly. But there is too much resistance, I think .3500 will be hard to get through but .3760 ...

Elliott wave outlook