Short-Term.....Swing Trade (Set-Ups)

[golhuntsleep]

Originally Posted by O

golhuntsleep congratulation for this long-term analysis. This is very raliable analysis.

My advise for all of you guys who use elliott waves is to trade on smaller time-frames. The short-term trading gives to you a possibility for better money management - smaller stops often profit taking.

Have a profitable trading!

I agree but it also makes sense to split your money into 2 or prefferably 3 degrees of wave. Long term (at least a day) these stops are larger but pips can be huge plus there are a multitude of add on points.....Med term ( 3 hr charts) stops are smaller lots can increase you still can add on hedge for retraces. short term...small stops lots...MUCH tougher to read many times "not as" reliable but done right can be very profitable......

The key to havng a long term count is to know which way you really want to trade on the shorter time frames.....especially the 1-4 hr charts......

[MAXO]

Yes golhuntsleep the long-term analysis is important for the short-term trading. I just want to say that when the long-term analysis is wrong by some reason much more time is needed to underst that the analysis is wrong the bad pips are more. Some small losses on the small time frames could change your long-term point of view.

[byran]

Update on my 1st scenario ....

well didnt bounce up like predicted .. but 1st target has been achieved ...

Attachment #1395

[byran]

Originally Posted by golhuntsleep

USD/YEN EUR/YEN

gol

thx for sharing your counts .. i have to admit .. complex waves give me such a hard time to plot out ..

[marketwavez]

Originally Posted by golhuntsleep

The key to havng a long term count is to know which way you really want to trade on the shorter time frames.....especially the 1-4 hr charts......

Wow !.....
This is genius ! ...............( I prefer 8 hr charts & Daily charts though )

[marketwavez]

Eur/Usd
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Here is a probable Wave-count

( Longer-Term ) Daily Bars
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Major Resistance at or around 1400

[marketwavez]

Originally Posted by shayb

Hi Market

Can you analyze the eur/jpy ?

i am trading with fib levels using the MACD Stoch I think we going to 164tr1 167tr2 i would like to know what you think.

Thanks
Shay

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Hi shayb -
Here's is visual look at it ...............

5860 looks like minor support See the yellow color paralel line
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Onlya probability ........... Not cast in stone !

[shayb]

Hi All

Thanks for your answers....

What you think about this counting on EUR/JPY?

Shay