Elliott Wave: Theory and Discussion by MARKETWAVES

wavepicker said:

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

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MARKETWAVES said:

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

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MARKETWAVES said:

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 )

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MARKETWAVES said:

Usd/Chf
Heres a closer look .........
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