• Award-Winning Platform
• Free \$50K Practice Account
Results 44,311 to 44,325 of 53945
Page 2955 of 3597 First ... 1955 2455 2855 2905 2945 2951 2952 2953 2954 2955 2956 2957 2958 2959 2965 3005 3055 3455 ... Last

1. Banned
Join Date
Jul 2008
Posts
1,728
eu daily wave count, could extend drop, but buy on dip preferred now

2. Banned
Join Date
Jul 2008
Posts
1,728
zoom into hourly, can be counted as ABC up
if this is end of w4 of iii...hmmm
anyway, buy on dip preferred but short is in for now
Last edited by stanchiam; 01-26-2012 at 10:02 AM.

3. Moderator
Join Date
Jan 2008
Posts
2,860
Originally Posted by pacos
As expected , the apex of a neutral triangle with reverse alternation in wave D has provided strong support sending the pair towards 1.39-1.40 level. An excellent opportunity to go long will briefly appear when price goes back to 1.2750-1.2830
Paco;

You have some interesting geometric shapes in your analysis. But, based on the labeling in this chart, how did you come to the conclusion that we are in a triangle? The basic premise of triangle analysis is that a line drawn from point A to point c should converge with a line drawn from point b to point d.

Good Luck.

4. Originally Posted by aerocom
Paco;

You have some interesting geometric shapes in your analysis. But, based on the labeling in this chart, how did you come to the conclusion that we are in a triangle? The basic premise of triangle analysis is that a line drawn from point A to point c should converge with a line drawn from point b to point d.

Good Luck.
aero,

I believe you're talking about a triangle in wave E. First of all, wave b takes less time than wave a. Accordingly to neowave, it is only possible in triangles and in diametrical/symmetrical formations. Moreover, wave c is not impulsive this fact rules out both flat and zz in wave E. Taking into the account that wave c is larger than wave a I've come to conclusion that the neutral triangle (c>a,e) is unfolding in wave E. In neutral triangles the baselines are connecting the ends of A/E and B/D. Another possibility would be an expanding triangle (e>c>a), but the wave count on larger TF doesn't allow the appearance of expanding triangle in the last leg of a higher order contracting triangle.

5. Eur/Usd
------------------
Wavecount

6. Moderator
Join Date
Jan 2008
Posts
2,860
Originally Posted by pacos
aero,

I believe you're talking about a triangle in wave E. First of all, wave b takes less time than wave a. Accordingly to neowave, it is only possible in triangles and in diametrical/symmetrical formations. Moreover, wave c is not impulsive this fact rules out both flat and zz in wave E. Taking into the account that wave c is larger than wave a I've come to conclusion that the neutral triangle (c>a,e) is unfolding in wave E. In neutral triangles the baselines are connecting the ends of A/E and B/D. Another possibility would be an expanding triangle (e>c>a), but the wave count on larger TF doesn't allow the appearance of expanding triangle in the last leg of a higher order contracting triangle.
Thanks for the explanation. I appreciate the response. Is the neutral in his book?

Good Luck.

7. Moderator
Join Date
Jan 2008
Posts
2,860

## Eur\$

Here is my recounted chart. I think it is an A wave of E. You will notice in this count, the wave ended near the top of wave iv. The correction should travel to the range of wave 4 of 1 lesser degree which would be in line with my estimates on yesterday of 3215-3550.

Good Luck.

8. Eur/Usd
---------------------
Probable Wave-count

9. Eur/Usd
---------------
Chart Update :

10. Originally Posted by aerocom
Thanks for the explanation. I appreciate the response. Is the neutral in his book?

Good Luck.
you're welcome! no, the neutral one is not in his book. it's one of the neowave type formations. you can gather some information about neowave from Neely's website (see "question of the week").

11. Moderator
Join Date
Jan 2008
Posts
2,860
Originally Posted by pacos
you're welcome! no, the neutral one is not in his book. it's one of the neowave type formations. you can gather some information about neowave from Neely's website (see "question of the week").
That is an interesting concept Pacos. Help me out understanding that I just heard of it today but, as I read it, In order for a triangle of any type to occur, wave b has to take less time than a. Here, wave b is 5 times the time of a. He also states that a triangle only occurs in wave c or e. In Prechter's book, the triangle should mimic the larger triangle. In my wave d, your wave e the triangle broke to the down side.

Is Neely contradictory? If the market is truly fractal the smaller version of the triangle should look like the larger version. What is your view? Thanks.

Good Luck.

12. Banned
Join Date
Jul 2008
Posts
1,728

## aud

aud perhaps another leg up to complete wave count before a change in trend
should coincide with a move up in euaud

however fundamentally, cannot find any reason for a massive strengthening of the usd besides european crisis causing a spark
Last edited by stanchiam; 01-26-2012 at 10:02 PM.

13. Banned
Join Date
Jul 2008
Posts
1,728

## interesting move for gu

since a corrective move from a steep w3 decline
the drop seems to be developing into leading diagonal
if this count is right, then after the corrective w2 of 5 completes
then start of w3 of 5 will begin
Good luck
daily and 4hr zoom in

14. Banned
Join Date
Jul 2008
Posts
1,728
perhaps a move towards 1.6 to complete gu

15. Banned
Join Date
Jul 2008
Posts
1,728
euraud ea could be doing a complex w4 of 5