Ewj: elliott wave

Discussion in 'Technical Analysis' started by mu200411, Aug 13, 2007.

  1. .... this trend line is the killer for the bulls

    ..... best way to make room for more upside..... is to correct....
     
    #8201     Aug 27, 2009
  2. Mup

    Mup

    A-B-C maybe a cleaner fit....?

    Incorrect below that 1014 area (ES)

    60min ES
    suns back out now :D
     
    #8202     Aug 27, 2009
  3. volume on that 10am 30m bar
     
    #8203     Aug 27, 2009
  4. Five waves UP, three waves DOWN.
    The DOWN move looked corrective and was at measured move :) .
    May be it's time for an UP move :D .

    The red line was broken and the market corrected for 3 days.
     
    #8204     Aug 27, 2009
  5. Mup

    Mup

    #8205     Aug 27, 2009
  6. that ABC was so perfect

     
    #8206     Aug 27, 2009
  7. Thanks elovemer,
    Yahoo's charts are good for wave counting, especially for the very old time, you can zoom in as close as you like.
    The draw back is "GSPC is not exactly equal to ES".
    mu.

    Five waves UP again :) .
    There may be a measured move UP, after some set back :D .
     
    #8207     Aug 27, 2009
  8. Mup

    Mup

    Handy those 1:1's we had the price target this morning before it even happend :D

    New highs would be nice....(if its following the usual double down pattern)

    That same 60min (yawn) :)
     
    #8208     Aug 27, 2009
  9. Mup pinned down the lows and the highs time and again.
    Why should there still be question like "Anyone made money using Elliott Waves ? " :confused: ?

    Edit: 08-28-09 02:10 AM
    Fifth sub-subwave of fifth subwave of fifth wave :) ,
    swing trader should sell here and buy back at wave :iv :D .
     
    #8209     Aug 27, 2009
  10. Mup

    Mup

    Thanks Mu, :)

    Although it can be said, that trading is a different beast to analysis....

    Its how the analysis is used......

    One of EW strongest points rather than picking tops & bottoms is, highlighting when your wrong.Most seem to have that focus reversed....
     
    #8210     Aug 27, 2009