Ewj: elliott wave
- Thread starter mu200411
- Start date
Bullish Scenario 1.
5)1.2:cv ended as a descending wedge near end of .1:a.
The Market will go up another measured move to
4)c= 11645.0498 1270.05 2202.54
5)1.2:b= 12679.2197 1385.86 2408.22
5)1.2:c= 12105.1504 1321.0601 2280.27
5)1.3= 13139.3203 1436.8701 2485.95
Strategy 1.
Increase long "Long position". Trade counter trend.
5)1.2:cv ended as a descending wedge near end of .1:a.
The Market will go up another measured move to
4)c= 11645.0498 1270.05 2202.54
5)1.2:b= 12679.2197 1385.86 2408.22
5)1.2:c= 12105.1504 1321.0601 2280.27
5)1.3= 13139.3203 1436.8701 2485.95
Strategy 1.
Increase long "Long position". Trade counter trend.
Bearish Scenario 2.
The rebound after the shock therapy is Minute 4)c.4.
Minuette 4)c.5:1 and :2 are completed. Next is Minuette 4)c.5:3 to
4)c.4= 12679.2197 1385.86 2408.22
4)c.5:1= 12121.1699 1316.75 2252.6499
4)c.5:2= 12226.3604 1336.37 2310.3999
4)c.5.3= 11668.3106 1267.26 2154.8298
Strategy.
Close all long positions. Play the short side of the Market.
The rebound after the shock therapy is Minute 4)c.4.
Minuette 4)c.5:1 and :2 are completed. Next is Minuette 4)c.5:3 to
4)c.4= 12679.2197 1385.86 2408.22
4)c.5:1= 12121.1699 1316.75 2252.6499
4)c.5:2= 12226.3604 1336.37 2310.3999
4)c.5.3= 11668.3106 1267.26 2154.8298
Strategy.
Close all long positions. Play the short side of the Market.
Thursday Head and Shoulders failed. "W" turned into "A-B-base".
Friday Head and Shoulders and "W" pattern were confirmed.
Status.
Short "Long position" closed at open as said, re-entered when there was a higher high. Reversed at +100, +10, +20 and reversed again at -200, -20, -40. Short "Long position" closed at + 100, +10, +20 near upper trendline of the symmetricle triangle.
Strategy.
Was Friday low a Bear Trap? Or trendline break a Bull Trap?
Either way the Market will move decisively after a week of consolidation in a sideways movement.
Buy or Sell when corresponding trendline is broken.
Friday Head and Shoulders and "W" pattern were confirmed.
Status.
Short "Long position" closed at open as said, re-entered when there was a higher high. Reversed at +100, +10, +20 and reversed again at -200, -20, -40. Short "Long position" closed at + 100, +10, +20 near upper trendline of the symmetricle triangle.
Strategy.
Was Friday low a Bear Trap? Or trendline break a Bull Trap?
Either way the Market will move decisively after a week of consolidation in a sideways movement.
Buy or Sell when corresponding trendline is broken.
Water flows from high ground to the sea. If not for the vaporization of the sea water to form cloud and rain, all lands, rivers and lakes would have dried up.
In finance money flows from the poors to the sea of the riches. The riches keep the poors alive by given out debt until the poors can no longer service the debt.
Two things follow.
1) The poors kill all the riches to relieve debt.
2) The riches forgive the debt willingly or forcibly.
Example.
1) All the Revolutions.
2) Jubilee
http://www.michael-hudson.com/articles/debt/02jubilee.html
In the financial world money flow from the poor country to J-A-C.
At some point J-C will forgive the debt or correct the exchange rates imbalance.
Else what?
In finance money flows from the poors to the sea of the riches. The riches keep the poors alive by given out debt until the poors can no longer service the debt.
Two things follow.
1) The poors kill all the riches to relieve debt.
2) The riches forgive the debt willingly or forcibly.
Example.
1) All the Revolutions.
2) Jubilee
http://www.michael-hudson.com/articles/debt/02jubilee.html
In the financial world money flow from the poor country to J-A-C.
At some point J-C will forgive the debt or correct the exchange rates imbalance.
Else what?