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  1. M

    Ewj: elliott wave

    Prepare to cover short at the next higher high and open long position. Set stop at the last low.
  2. M

    Ewj: elliott wave

    This may be the last leg down. Reduce target to 200, 20, 40 from today high. Cover short when there is a higher high and enter long position set stop at the last low.
  3. M

    Ewj: elliott wave

    Correction might have ended. Prepare to cover short if there is a higer high. Enter long postion.
  4. M

    Ewj: elliott wave

    Short position covered and re-entered. Set stop at the last high. Long position closed. Target 250,25,50 may accept 2/3 target.
  5. M

    Ewj: elliott wave

    Status: Non-profitable long and short positions. Scenario 1. The Market sets up a Bull Trap by going higher than Friday high, then fall below Thursday low. Strategy 1. Cover short at Friday high. Re-short at the last Friday low. Close long position. Scenario 2. The Market keep going...
  6. M

    Ewj: elliott wave

    Gap up is less probable than gap down. Keep the short position overnight.:eek: Keep the long position too. (Don't know what to do with it.)
  7. M

    Ewj: elliott wave

    Still short. Downward movement accelerated. May be third wave.
  8. M

    Ewj: elliott wave

    Short position opened again. Set stop at the last high.
  9. M

    Ewj: elliott wave

    Stop out. Wait for another sell signal.
  10. M

    Ewj: elliott wave

    Short position opened. Set stop at the last high.
  11. M

    Ewj: elliott wave

    Target reached. Open short position when there is a lower low.
  12. M

    Ewj: elliott wave

    One more up wave, then short sell at a lower low.
  13. M

    Ewj: elliott wave

    Prepare to short sell at yesterday wave c if there is a lower low. Today up move may be a larger a-b-c. Set stop at the last high.
  14. M

    Ewj: elliott wave

    Long position re-entered where it was exit yesterday.:mad: Prepare to cut loss if there is another lower low.
  15. M

    Ewj: elliott wave

    What wave degree is yesterday corrective wave?:confused: One day correction of 250, 29, 74 points. It is impulsive 1-2-3-4-5-a-b-c-1-2-3-4-5-a-b-c. Status: EWMTer has just lost his positions.:eek: Scenario 1. Market opens down as 1-2-3-4-5 Strategy 1. Short sell just after opening...
  16. M

    Ewj: elliott wave

    Don't blame me. Blame Baidu.com note.:mad: NEW YORK (CNNMoney.com) -- Technology led a broader stock market selloff Thursday, with investors backing off after pushing the Dow and S&P 500 to record intra-day highs earlier in the session. The Dow Jones industrial average (Charts) lost...
  17. M

    Ewj: elliott wave

    Thanks, Mup.
  18. M

    Ewj: elliott wave

    Short position is closed when there is a higher high near measured move.
  19. M

    Ewj: elliott wave

    Re-entered short position after a-b-c and c showed 5 waves. Set stop at the last high.
  20. M

    Ewj: elliott wave

    Short position closed. Prepare to open another short position at another sell signal.
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