Ewj: elliott wave

Mup,

Thanks for the encouragement! I appreciate it :)

I did consider a 1.618 of W(1) to get the target of (3). Actually I tried a few options and got 922 & 923 & 925.... pretty close.

Then I flipped to pg 129, figure 4-7 of the 20th Anniversary Edition of EWP, and decided to use the average of (1200.44 + 1313.15 = 1256.80) as wave 4, and divide the wave1-4 by .382, thus arriving at my 960....:D

I'm not taking any positions now due to the extreme volatility, but I'm very keen to see how it pans out.....:D
 
Feels like its could well try for that 995 due to Euro land liquidating into their close :eek:

EUR/JPY has been phenomenal
 
Its cycle day 3 on the short term delta..

"Normally" get time pressure around 10.45am EST for a move back against the mornings direction into lunch time. Then a continuation of the mornings direction after lunch..

Points could get "thrown" late & early due to the force of the moves...
 
....if it can hold the turn.....
.... then watch 1.30 pm for resumption of weakness (or not)
....edit....sorry...meant to say 2.30pm...

.... if can't hold the turn.... then watch 2.30pm for possible strength
 
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