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Hi, How is your trade on EURUSD? I think we have the important key level at 1.4176 here, this level should show us what should be the next possible move. If we view it as bearish, we should see price move much lower as long as it stay below 1.4176 Because, we will have a possible...

Thanks for the chart anyway :)

Hi, I'm sure that many of you would have to look into the chart before making any trade position. What are your methods or strategies that you use to make a decision for your trade? I've seen many chart patterns that seem to fit in Elliott Wave pattern. For example, Triangle, Head &...

Hi, I think using only a pattern not telling us well. For me I use Elliott Wave to help me trade much better. I found a very interesting forecasting website, here is what they said. You might wanna check it. short-term fourth wave correction The rapid pushed up and drop could...

Hi, :D Like to share a good chance to look for buying a Long position of USD/JPY. As you can see in 240 minutes chart, there is a possibility fo a Running triangle, and it's currently bottoming for wave "c", so we could expect to see wave "d" back to the above trend line. As long as...

Hi, Money Management is the most important thing to success in trading. As we're in the business of making money, and in order to make money we have to learn how to manage it. This is one of the most overlooked areas in trading. Many traders are just anxious to get right into trading with no...

Hi, As a day-trader, you don't really need to watch many currencies to make good profits. In fact, watching too many might cause you to dilute your attention and focus which results in losing track of the "feel" of the currency you're trading. It's true that for most day-traders, you...

Hi bigmrfrank, Sorry if this look like a spammer for you. But, I found this Elliott Wave quite interesting and to my experience it help me a lot. So my intention is just like to share some views. Thanks.

Hi, As you may know, we have to look into a multiple timeframe for more accurate forecast. Looking into 240 minutes chart, prices move higher more than we first expected, and it's trying to break up the down channel and try to test fibonacci 61.8%. As long as the price don't fall back...

Hi, My view on short-term move of EURUSD. The rebound from the latest low is testing Fibonacci 38.2% retracement area and EMA200(white line). The short term top may be about this point and will turn lower a bit to make a correction. As the whole move looks impulsive. There should be a...

Hi, Would like to share a long-term view of EURUSD. Monthly view seem like it has just done an ABC correction. Currently it's in a corrective mode, this indicates that the euro could remain under pressure for several more months. Corrective Wave

The Bullish Extension of EURUSD might be over now as it has a big 5waves pull back. You can dig deeper into the shorter timeframe to see the 5waves down, 15 minutes chart is the good place to start seeing the minor wave. Also EMA5 EMA10 is now below EMA50 in 15 and 30 minutes chart. If the...

Hi everyone, Yesterday correction was very small and it extend more extension. As we're still in the Bullish Extension, you may see that EMA5 EMA10 and EMA50 is still in up trend. Yesterday, the price only drop to the EMA50 line in 30 minutes chart and turn up. You can use EMA5 EMA10 EMA50...

Hi TraderGreg, forexbullbear.com is my website, I intend to do it to let's people learn more about Elliott Wave. Currently, there is not much information, but I'll keep updating and adding more valuable resources :-)

12:18 PM GMT time, It turned out that we're on the right track as the last move was completed in Ending Diagonal (3-3-3-3-3) wave. We have to look into 15 minutes chart for all the 5?(light blue) wave. Look back in 60 minutes chart, the first support of the correction is EMA50(light blue)...

Hi TraderGreg, My pleasure to have you download the e-book. I got the e-book version from my friend, so just want to share it. However, if you find out that the book is really useful to you and you want to have a hardcover book for your reference, you can buy the hardcover book from amazon.com...

Hi, Looking into 60 minutes chart. We're still in the bullish extension wave. We'll have to keep watching the EMA5(light red), EMA10(light orange) and EMA50 (light blue), if the price can stay up above EMA50 we can expect for more up move. Currently, there seem to nearly done the third wave...

Hi TraderGreg, Yes, I first started from my friend who is really good at Elliott wave and then I dig deeper with Frost and Prechter on www.elliottwave.com and from other online resources. Also from "Mastering Elliot Wave: Presenting the Neely Method" e-book. This book is more advance by...

2008-12-15 The current short term move seem that EURUSD may already done the fourth wave correction and heading to the fifth wave.

Hi Lucrum, Thanks for your comment. I didn't mean to force everyone to believe in what I expect in my chart. I just want to share my view, so you can have another view for your trading plan. I use the Elliott Wave pattern to help my trading. It's has help me a lot. But, if it don't go the...