Ewj: elliott wave

[mu200411]

Prepare to reverse position if there is a higher high. Set stop at the last low. Target 70-100,7-10,14-20.

 

[mu200411]

Position not yet reversed. Set stop at the last high.

 

[mu200411]

Prepare to reverse position if there is a higher high.

 

[mu200411]

Position reversed as said. Set stop at the last low. Plan to reversed a gain when there is a lower low near target.

 

[mu200411]

Target neared. Prepare to reverse position again if there is a lower low.

 

[mu200411]

Position reversed. Prepare for whipsaws. Set stop at the last high.

 

[mu200411]

If reversed set target at measured move and reverse again.
May be an a-b-c wave.

 

[mu200411]

Set target at today low. Reverse position if there is a higher high and set stop at the last low. If today low is broken set target at measured move.:eek: Too deep a tank?

 

[mu200411]

Set target at today low. Reverse position if there is a higher high and set stop at the last low. If today low is broken set target at measured move.:eek: Too deep a tank?

 

[mu200411]

Move stop to measured move level to avoid whipsaws. Prepare to take more loss!