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RamsesII replied May 16, 2011Won't be up for this but if we reach this level could be a good short. Fib confluence combined with 1.4175-1.4180 s/r level + rising trendline retest
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RamsesII replied May 16, 2011i'll be reloading on any strength from here, maybe 60-61 is where i'll start
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RamsesII replied May 16, 2011look at PA man, this bounce is not sustainable, don't listen to people on the thread who don't know what they're talking about
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RamsesII replied May 16, 2011I see 1.4143 as the big # where the first time a 15 minute candle closed above it in 10 tries, it shot up
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RamsesII replied May 16, 2011some nice MA confluence on the 15min chart just above at the retest of the broken 50 fib from today's move will have me adding to shorts.
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RamsesII replied May 16, 2011would be surprised if we didn't see some sort of pull back, still short from 4200 4168 may be worth a shot with a tight SL (50 fib from up move this morning)
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RamsesII replied May 16, 2011I'll start scaling in shorts around here 1.4200 with a stop above the previous high 1.4224. Depending on PA these could be long term shorts.
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RamsesII replied May 16, 2011Yes, appears to have failed. Nothing new, trying to find some short entries.
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RamsesII replied May 16, 2011i'm referring to wave 4 within the count i posted (small time frame)
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RamsesII replied May 16, 2011wave 4 looks to be getting quite extended in time so could also be a failed 5th and a top in place.
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RamsesII replied May 16, 2011We'll know very soon since it will have to be a 3 of 3 of 3 which is very powerful in nature. That's ( in my opinion ) the main reason why we should by studying elliott wave... to find those coveted 3 of 3s
Elliot wave, Harmonic And Ichimoku in CHINESE STYLE
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RamsesII replied May 16, 2011Oh, I meant the wave 1 he has labeled which happened yesterday where I have A in the short term count. It looks like a clear 3-wave move to me... it looks like he may just be fitting the movement today to his favoured count; maybe it's because of ...
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RamsesII replied May 16, 2011I don't see how he's labeling that early wave 1 when it's a clear three wave move. Also he has c going to minimum above a which is not a requirement (think if a=c)
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RamsesII replied May 16, 2011possible wave ii appears to be in the process of completing
Elliot wave, Harmonic And Ichimoku in CHINESE STYLE