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

[Mafioso]

Originally Posted by kenari05

its ok...good try... so what's your new counting? I keep my original count...1.2870 could be end of wave B...and now wave C down...

I agree with u if this is ur count on the Daily chart. Price should not pass 1.2880-85 for this to be valid.

Come on Down Baby!!!!!!!

[kenari05]

Originally Posted by Mafioso

I agree with u if this is ur count on the Daily chart. Price should not pass 1.2880-85 for this to be valid.

Come on Down Baby!!!!!!!

yes... now waiting for candle formation to confirm the reversal...

[hoene003]

Impressive surge, so now we can count again.
Surfer was shorting all the way up and lost big time.
Now 1.2940 is gone everything changes.
That is for the Surferfans.
So this guy was shorting the last half year based on a false analysis on a monthly chart.
It's hilarious but also sad.
The bullflag on the weekly was stronger than Elliot.
Bury Elliot.

[marketwavez]

Hoene - Bury Elliott ?

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Bury Elliott you say ? You're too funny .......

Any way it's all about averages ,Remeber ------

Good to have you around , and i agree
It's all about that Bull flag in the Euro now

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[hoene003]

Hi marketwavez,

This flag is wave4 on a weekly. A typical thing for wave4's is ranging like a triangle, here we have our bullflag. Another thing is this is a clear 5wave from 1.2480, so not corrective. This is important because that destroys Big Mammy because in a C down it is impossible to see a 5 waves up.

Get ready for wave5 far over 1.30 in comming weeks.

[marketwavez]

Originally Posted by hoene003

Hi marketwavez,

This flag is wave4 on a weekly. A typical thing for wave4's is ranging like a triangle, here we have our bullflag. Another thing is this is a clear 5wave from 1.2480, so not corrective. This is important because that destroys Big Mammy because in a C down it is impossible to see a 5 waves up.

Get ready for wave5 far over 1.30 in comming weeks.

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ON-GAURD ! - TO 1.30 YOU SAY

WHAT ABOUT A DIP OR 2 ALONG THE WAY ?...............
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[hoene003]

Originally Posted by marketwavez

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ON-GAURD ! - TO 1.30 YOU SAY

WHAT ABOUT A DIP OR 2 ALONG THE WAY ?...............
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Dips are great Marketwavez because then you can buy again. And it can even go to the bottom of the range or where it wants to go. But this action of today looks promising.

[marketwavez]

Ok ,-Hoene- your'e making Cents ? .........

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Maybe we make some dollars on a short-term dip some how ,
so you can have your buying dip set up in the charts .......

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Euro is over-bought now .... All knows it !

Ellioltt Waves is not about buying breakouts -
(Leave that to the system traders who like to back test )
So buying here is maybe too late and makes one feel
like they are chasing the markets. -Not the way of an Elliottitian !

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Heres is where I think is where we are in Elliott Terminology !

NOT CAST IN STONE ...... Only a Probabilty !