Yes your chart looks good but still i am not sure this retracement is over yet. check this chart( i have posted before). Euro had a major wave 1 complete with almost 1720 pips and usually 2nd wave in eur/usd retraces to at least 50% on daily. This ...

Elliot Wave Analysis

Thanks for the encouragement. You are almost as old as me in forex factory. I remember seeing you in other Elliott wave threads especially in the ichimoku elliott wave chinese thread. Smilemiz and raza . those were the days. do you remember auslanco ...

Elliot Wave Analysis

Thanks for the kind words .. and for the chart. Yes maybe you are right but i just have a doubt as the retracement after the major move does not seem complete for a wave 2. It needs a deeper correction as you can notice in my chart, it has not even ...

Elliot Wave Analysis

dxy 4 hr before jumping into the conclusion of the start of a B wave, let's not rule out another possibility that this fall could be a 4th wave as well and we could get a new high as wave 5 . If you check this chart, there is a possibility. so ...

Elliot Wave Analysis

Just the opposite with eur/usd ..

Elliot Wave Analysis

so far seems good ... i guess 1st and 2nd minor wave is done. Hopefully we are doing a minor 3rd now ... the structure does not seem very proper which is why i waited this long to post. DXY seems to be going down. Hopefully with some bad news to ...

Elliot Wave Analysis

Look at the gold movement ... it's on steroids !

Elliot Wave Analysis

so far it seems to be playing out. If it breaks the high again then we will worry about it. so far we might have finished the A wave and we should decline into wave B to around 91.29.

Elliot Wave Analysis

Yes it is a possibility as dxy seem to have finished the wave structure but eur/usd seems incomplete. maybe it will make another low when dxy is going for minor wave 2.

Elliot Wave Analysis

No worries ... you can post your style of trading for everyone else to see... it's just that i am a little ignorant on that subject which is why i cannot help but you are welcome to put your idea through ..

Elliot Wave Analysis

on a 4 hr chart of DXY, we can see a 5 wave pattern is also complete with a 61.8 extension to end the 5th wave and also a subsequent rejection from that fib value. This is A wave completion according to me Now i am hoping that for the next weeks, ...

Elliot Wave Analysis

Can't help you in patterns, i am more of a fibonacci target person and IMHO we have completed the 5 wave pattern and now the correction is on with minor waves and major waves. We seem to have also completed the A leg of this massive corrective move. ...

Elliot Wave Analysis

The pleasure is all mine buddy. Actually nobody can understand it too well because we are dealing with hedgers and millions of dollars of investments every week to move the market. I wouldn't spend too much time on COT analysis. all you need is the ...

Elliot Wave Analysis

quite a possibility ! Lets see how it plays out.

Elliot Wave Analysis

No problem but try to make it simple . if you mention so many things in one line, people will get confused. use full stops so that one part is clear. then use the 2nd line to explain the next part. Keep trying and you will improve your ...

Elliot Wave Analysis

There need not be any confusion Merka, if you notice the previous bull trend, the last 5 waves made 1720 pips and once completed, the pair is exhausted with that bull run and it needs a deep enough correction, so on the fibonacci ratios, you have to ...

Elliot Wave Analysis

I think you are using a translator because it is difficult to actually understand the description .. but your chart is self explanatory. very similar to mine. thanks

Elliot Wave Analysis

I totally agree ... been there done that and got burnt many times ...

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Hey buddy ... you remind me of this video from last samurai. url

Elliot Wave Analysis

or an expanded flat with b wave terminating beyond the start of a wave.

Elliot Wave Analysis