exactly as assumed . all eur economics was green to push the eur up but that's what we want as well .. we need eur/usd to be up to sell the living daylights of the pair. wait for fibo retracement levels to short else short very small.

Elliot Wave Analysis

thanks for your chart and suggestions .

Elliot Wave Analysis

GOOD on Ya ! i am flat until i get a retracement. except gbp pairs esp. gbp/nzd

Elliot Wave Analysis

i am not disagreeing but there is a potential for buying at the moment as many retailers have sold and is holding. they would have adjusted their stop loss or even trailed them. So a Stop hunt might occur also to entice more buyers to come in ...

Elliot Wave Analysis

Good morning folks ... Yesterday was really wild . today i am not expecting fireworks as it might be a calmer retracement day... maybe if the retracement gets over faster, we could still have some fireworks in the later ...

Elliot Wave Analysis

wait for one of these fib level to short this pair . DO NOT make the mistake of buying this pair Please

Elliot Wave Analysis

Perfect ending to wave 1 on 15 minutes at 61.8%. now expecting a wave 2 up and then down again ........

Elliot Wave Analysis

eu 15 m

Elliot Wave Analysis

It's too late for biggies to change anything now. they are already committed with more than 10K on the short side of euro. so selling is the key.

Elliot Wave Analysis

Oh my god !!! look at usd/chf now ... i just mentioned about how disappointing usd/chf was ... and then you see this clearly smart money is buying a lot of dollars.

Elliot Wave Analysis

image

Elliot Wave Analysis

check these charts as well...

Elliot Wave Analysis

Although in my opinion, the chart of dxy does not actually provide a good enough evidence of where it wants to go but i feel the weekly COT report can provide some insight to where the smart money is leaning towards. I use Tradingster.com: Free COT ...

Elliot Wave Analysis

I am very confused with the COT report for the last week. The Non-commercial data points completely towards a long dollar in the weeks ahead. At the moment we really cannot predict accurately as to where will the dollar turn. (no mans land). If ...

Elliot Wave Analysis

Great chart and a different perspective with similar target. My 5th wave target is between 88.50 & 89.00. Thanks for posting.

Elliot Wave Analysis

so the leading diagonal theory went into flames. we didn't get a proper e wave, so here is my 2nd assumption on a bearish scale on dxy. The 2nd wave could be a WXY correction. If this move breaks the high, this count is invalidated. Since i am ...

Elliot Wave Analysis

so far the 1st wave being a leading diagonal seems to be working . dxy needs to complete e wave to finish off wave 1. E waves normally do not necessarily touch the trendline of the diagonal, it may retrace earlier, so i have another trendline from ...

Elliot Wave Analysis

If you are inquiring about my broker. I have 5 accounts . this chart is from XM . Ic market is also my broker.

Elliot Wave Analysis

My assumption of this pattern is more like a leading diagonal on wave 1. We seem to have 3 wave completions. I think if you check my chart and count, you would understand what i am trying to say. We should finish off the last wave and then push up ...

Elliot Wave Analysis

although i have put an alternate count, we need more confirmation to see if the count is activated. so far dxy has not broken any key levels other than put a large bearish candle in the last 4 hours. lets see the daily close and monitor this candle ...

Elliot Wave Analysis