Search results

Thanks Mup.

One of the many possible Elliott Wave Counts for EUR/USD. Don't do trading base on this count.

Short "Short position" stop out.

Short "Short position" entered, set stop at the last high.

Measured move reached. Prepare to open short "Short position" if there is a lower low and set stop at the last high.

Short "Short position" closed at the higher high.

Short "Short position" entered, set stop at the last high, due to lower low and "sHs" and "M" pattern.

Scenario 1, voided now. Intermediate Wave 4)c ended Wednesday 21, 2007 as a running correction 3-3-3, or a double zigzag. Intermediate Wave 5) began Friday 23, 2007 with 181.84, 23.93, 34.45 points jump. Scenario 2, unlikely now. Friday 23, 2007 rebound was the beginning of the second right...

Scenario 3 is more likely now. Minuette Wave 4)c.3:5 extends because of the Dow Theory Bear Market signal. This count is out of consideration when there is a close above last Tuesday close. Strategy 3. Keep long "Short position".

Status: Hold long "Short position". Short "Long position" not entered because there is no higher high after -100, -15, -30 points. Scenario 4, the WORST CASE SCENARIO. The down wave since October 9th, 2007 is Minor Wave 1 of the Intermediate Wave 1) of the Primary Wave c] of the Cycle Wave...

a-b-c.1-c.2-c.3-c.4-c.5 + lower low = true sell signal?:confused: another 100, 15, 30 points to go?:(

a-b-c + lower low = TRUE or FALSE sell signal. Bulls trapped or Bears Trapped.:confused:

Another 100, 15, 30 poinst downward?:( Edit: No, not yet.:)

Long position stop out.

Scenario 3. Minuette Wave 4)c.3:5 extends because of the Dow Theory Bear Market signal. This count is out of consideration when there is a close above last Tuesday close. Strategy 3. Keep long "Short position". Close gambling "Long position" when there is a lower low.

Status: Hold long "Short position" and a gambling "Long position". Scenario 1. Intermediate Wave 4)c ended Wednesday 21, 2007 as a running correction 3-3-3, or a double zigzag. Intermediate Wave 5) began Friday 23, 2007 with 181.84, 23.93, 34.45 points jump. Strategy 1. Turn the gambling...

Thanks Landis.

Long position re-entered, set target at "sHs" and "W" pattern target. Set stop at the last low. Edit. Market closed.

Lower low at measured move and previous high, so close long position. Prepare to re-enter long position again when there is a higher high, then set stop at the last low.

Prepare to close long position when there is a lower low. Edit. At measured move, or "sHs" and "W" pattern target.