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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:

EUR

Discuss EUR in this thread
 
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DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 10, 2011 0:13
Ashraf second prize. Nah, just kiddin Ash :-)
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 10, 2011 0:11
I would think Prechter would win first place in the competion for which guru busted the most novice traders.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 10, 2011 0:09
yeah, Ralph N Elliott turned in his grave many times with Prechter bending counts to suit his fundi stance :-)
jacek
Melbourne, Australia
Posts: 2579
13 years ago
May 9, 2011 23:58
that's me, thx.. will continue scalping but will consider your view.. even though not fan of EW.. blaming Prechter..
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 9, 2011 23:54
error, should read "only a correction back up next to lower high"
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 9, 2011 23:51
For those ignoramouses not understand EW structure, the implications of a 5 series down to form Wave 1 on higher timeframe is only a correction back up to lower low for wave 2 before more dramatic move back down into Wave 3 on higher timeframe, the most impulsive wave in any 5 wave sequence. Should this preferred count need changing at some point I will try to alert in a timely manner.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 9, 2011 23:44
skipper, you back in Jam now ? just chekin.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 9, 2011 23:43
Subz, I nu yu in some trouble but never imagined -1700, phew :-)
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 9, 2011 23:39
EU could well have completed its first 5 series down terminating at signif 4240/50 support. Above 4440 look for longs targeting 4515, 4596, possibly 4676. Exact TP's to be refined as mkt develops.

Below 4253 look for shorts :-) but not expected. Inbetween these parameters strictly scalps only.
Sir Ignore
United States
Posts: 3068
13 years ago
May 9, 2011 21:20
I'll just go ahead and spike the ball here..by reducing some..

cu traderz ??
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