NOPE...Just a wave 3 pull back-- missed the re-entry Sunday night... Guess I'm on the sidelines a bit longer....

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

Wave iv for EU - only seen zig zag a,b,c-- should see 5 waves down for another smaller c to from triangle to 1.3575 range- then up past the 1.3757 for wav5 From here- 1.3602ish in 5 waves

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

EU, A 76% retrace of the current formation is a possibility. 1.3356. I apologize for not having proper labeling- it's not on this terminal...

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

Raza, Certainly possible- EU has been stuck in the 1.3660-1.3701 range, not normal for a wav3- My preferred trading pair-- BUY Dips on USDCHF... I believe on the larger picture it's just completing wav2/starting it's wav3 upwards.

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

GBPCHF- High Volume drop back into previous wave-- nice strong movement--typical for a wave 2 correction GBPJPY- More downside to come... Selling? there was some topside selling once price hit the 423.6% fib (I'd expect similar reaction as to match ...

JT's Journal

Thanks for replying- I like the example because it shows the exact kind of climatic action we see in Forex, at the end of the wave v waves iv and v never appear- missing the opp to enter on the reversal. I'll have to keep an eye out for more "hook" ...

Elliott Wave Trading

Ian, On page 3, USDCHF 10M I'm having trouble finding Wave -ii- on this chart- the it looks the same as -i- (~1.0638 level) (I don't think I would have ever recognized that area as a corrective wave. Please give me some insight. url I'm open with ...

Elliott Wave Trading

UCHF??? Looking like Approaching 76% for a wavII/B upwards-Double bottom? On the Hourly From A til todays low .9470 we hit the 261.8 fibs (not really a good correction- more of an impulse?? We still have the 76% fibs. Volume was decreasing with ...

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

You have a very nice site. Hope to see more from you here.

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

Rogers... url After attending Yale and Oxford University, Jim Rogers co-founded the Quantum Fund, a global-investment partnership. During the next 10 years, the portfolio gained 4200%, while the S&P 500 rose less than 50%. Rogers then decided to ...

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

Except in risk aversion the yen will strengthen with the dollar. Audjpy shorts maybe a better option. r:r (which has already broken down on the weekly chart)

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

Just curious if anyone ever checks this site out??? url From what I have noticed for the past 9 months or so on EU/GU--- his invalidation target ALWAYS GET HIT (even when 500-600 pips away...) My broker used to provide EW patterns by "their" ...

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

As I understand it- harmonics are based off of EW's or failed EW's. In the event the EW is of larger degree- the harmonic WILL fail- that's why the % of success on larger TF's is greater than smaller TF'S. MM and SL are more important than ...

trading forex using Gartley Patterns

Here's an example of GY.. possible intradday short set up- theoretically it would fall to at least the last low v buyers or 131.75ish

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

I look for Dist on 4hr, Daily, Weekly, so far all I see is strength... Dist on hrly charts and lower is for the intrady day trading--- if you want to find the "big drop" there should be a 150-200 pip range of dist first- and it'll be on daily and ...

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

I'll show my EU...LOL.... No signs of Distribution yet...

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

I'm only posting EU and UY today. EU was "shakeout yesterday"- no signs of distribution- and possible BIG MOVE up today. (price is moving upwards on the "lower end of normal volume ie strength". USDJPY- High V -above Resistance -looking for retest ...

JT's Journal

Here's two possible counts- The obvious 5 waves up (for either a C,A,or wav1 of larger degree) and now three waves down and then another one that suggests we are in wave 2- and a wave 3 of 3 is in the works for tomorrow. 　 Amazon.com Where else... ...

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

It seems the mkt has spoken Heavy V through Support (on smaller TF's the heavy V was on breaking support-- BUY STOPS being taken out. Tempting to go long here-- as some might call this "Stopping Volume"- but it's not- we should see another move down ...

JT's Journal

Just looking at EY Same upwards momentum as EU UY is in a correction- looks like a 3 wave ED before moving higher... Should get some over more "overthrow" to valid end of move. Also waiting on Low volume test.

JT's Journal