Ewj: elliott wave

[Mup]

Thx

Very handy example that Exp Flat B...

 

[mu200411]

Prepare to sell if Head and Shoulders pattern is confirmed.

 

[mu200411]

Short position entered. Set stop at the last high.

 

[Mup]

Again Alts can be use to keep in degree...

If they break you know its changed and then its clear cut...

 

[mu200411]

Prepare to stop out. Looks like a two-day Irregular Flat Correction. Plan to open short position again at the completion of five waves pattern near Thursday high.

Quote from mu200411:

Yes Mup.
As said before, Subminuette Wave iv should take about one to two day to complete, Subminuette Wave iv may turn out to be a Flat or Irregular Flat Correction, and the last move up may be Microwave iv:ã which should comprise of five waves up to Thursday high.

 

[Mup]

Not Techincal on a 5= 1

 

[mu200411]

Short position re-entered. Set stop at the last high.
"M" pattern confirmation.

Edit.
Stop out at Bull Trap.
Wave 5 failure of Microwave 4)c.1:3iv.ã

 

[Mup]

Enjoyable afternoon...

All the signs were there and the players played them as usual...

People still mock EW

 

[mu200411]

At first it looked like we missed the opportunity on the long side.
The last swing down would have negated it anyway.

 

[Mup]

I hope Mike had as much fun