View Single Post
Old 25-01-2006, 22:40   #25
patricio_w
level 3
 
Join Date: Sep 2005
Posts: 227
Downloads: 0
Uploads: 0
Rep Power: 4patricio_w is on a distinguished road
Re: Clear Recomendation For EUR/USD (Elliot Analysis)

Well everything went so quick it seams than W4 is complete with the last low at 1.2250 (far the 1.2163 i said) an the new high 1.2323 (13 pips uper the 24jan high) is W5 complete?? or should be complete? at first view it seams so i missed the opportunity to take it in.
If if if W%:3 is in place if it is coplete at the new high of 1.2323we shall see a correction of the Hold W3 at 0.500 or 0.618 ratios that is traduced between 1.2164 1.2126 thats the price analysis about the time projection of this correction it should be terminated between 30jan 1 of february if not we have to rebuilt the analysis
About trading well following the Oscilator on Over Bought zone go short its a nice opportunity.
Not respecting the time projection or breaking the 1.2323 are the two possiblities of re biulding the analysis.

Sorry for not posting charts iam on vacation till Sunday

Kindest regards to all
patricio_w is offline   Reply With Quote