Elliott Wave: Theory and Discussion by MARKETWAVES

[It's Snake Pliskin]

Understand what you are saying Snake, and I certainly would not have done it that way either. However if his style works for him, I suppose that is all that matters.

As far as I am concerned I try and account swings(large or small) in the whole equation as they all have meaning and are for a reason. I generally find if this is done I am more confident the end result will lead to the most objective conclusion that I can come up with using EW, but not a guarrantee that it is the correct one ofcourse

Cheers

Thanks for the insight Wave.

Objective is the important word, and my opinion above may have been subjective which is what I need to consider in applying counts.

Thanks.
Snake

 

[MARKETWAVES]

Hi there Snake

I Have put the Usd/Yen charts over here in this thread

Scroll down and See post # 17
https://www.aussiestockforums.com/forums/showthread.php?t=8392

Here is a copy of the chart in that post .......
https://www.aussiestockforums.com/forums/attachment.php?attachmentid=13761&stc=1&d=1191424881

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[It's Snake Pliskin]

Hi there Snake

I Have put the Usd/Yen charts over here in this thread

see post #


https://www.aussiestockforums.com/forums/attachment.php?attachmentid=13761&stc=1&d=1191424881

No worries MW.
Thanks

 

[MARKETWAVES]

Hi Wavepicker ,

This is a Short-term view of the US Dollar that I just worked out
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I think that price is contained in the gap-up spike from this past friday's NFP report .
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The low end of the range of wick of the bar is now looking like the end of a wave 4
buying opportunity . So now it all about controlling the Risk if you decide to go long .
Keep those stops tight !

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( See chart below )

This is a Probable View of the Us Dollar 's Posture
from earlier this week.............

 

[MARKETWAVES]

Usd/Chf
Heres a closer look .........
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Here is a closer look at the Us Dollar -

 

[MARKETWAVES]

Looks like we go that strong break-out after all
( Price is now moving towards intended targets )......

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[MARKETWAVES]

Here is the US Dollar Chart Update :
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[MARKETWAVES]

US Dollar - Swissy
Could also be doing this ...........
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