Thread: (Euro) Elliott Wave Formations

Trading is about your Averages!


Why is this difficult to accept? ....

Trading can be mpore importanatly
about Your Capacity to Manage Risk and Guard Your Assets

whenever you Choose to take the call....
This is original! ....
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Again, the tide count doesn't matter....

And moreover there are too many wavecounts -
ewe all dont se the planet the same manner
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in the event that you truly understand that -
you wouldn't be concerned with who gets the ideal wave count!


You'd Be concerned with leverage and
not over-extending yourself on almost any commerce setup
because, in the end it comes back to your own averages on time.

that is the identical rule for all trading methods...

Please excuse all the typos

Im new here, just started now....

... the forum Isn't allowing me
edit my posts for some reason
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some thing like this is happening....

It might not come to pass -

I am just sharing my views of the market
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This is another possible problem for the bulls

Multiple resistance in a 618% Retracement Line

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when Nelson elliot was alive, he talked quite highly
of this work of Fibonacci the 16th century mathemetion!

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Nelson didn't speak of oscillators
such as Macd, Stochastics Movbing Averages, Bollinger Bands

you understand the crowd! ....

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So you dont need them to trade - Elliott Waves Method


depart those oscillators to the backtesters
as well as the machine traders of the world!

Here's the chart....

Watch the chart above....

Can the Euro pierce through 3210 ?

It certainly looks like some kind of ceiling....

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Fibonacci retracements, How valuable are you?
YOU BE THE JUDGE !

Till there is a close above 3210 on the 1 hr bars....
it apears that the Bears are in control ....

Whats more intersting is that this happened
very quick friday before the markets closed!

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Here is the Us Dollar


that is what impacts all the currencies -

look at this

Believe there is a MASSIVE DOUBLE BOTTOM FORMATION

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Well again, maybe im wrong - I'm no guru....
But I have seen all all the charts and theier trends


J.. . .ust posting what I see here in this journal....
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Heres the Us Dollar ....


Usd/ Chf
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Here is a closer look at the Usd Chf...

usd/chf
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