Any move below wave C bottom will invalidate the count.
Seb
الأربعاء، 31 أكتوبر 2012
الثلاثاء، 30 أكتوبر 2012
EUR/USD H1 & H4 Update
Nice moves so far: Fibonacci Time Cluster resistance on H1 holds perfectly into 61% Fibonacci Fan resistance on H4.
Problem? :)
Seb
Problem? :)
Seb
DAX Futures Daily Update
We are in complex and time consuming wave 4 correction. Final hit to the downside ahead. Might get extended.
Seb
Seb
EUR/USD M30 Update - Sandy Wave...
... is a Double Three so far.
Not much of an impulsive movement so maybe impact won't be that bad.
Seb
Not much of an impulsive movement so maybe impact won't be that bad.
Seb
الاثنين، 29 أكتوبر 2012
EUR/JPY H4 Update
Looks like we might have a nice deep correction on this pair as Head & Shoulder Technical Pattern will break the neck line to the downside.
Seb
Seb
الأحد، 28 أكتوبر 2012
Gold Daily Update
Correction ended right on 38% of Fibo Ret of wave 3 up. According to the rule of alternation it might just be a first leg (w) of a larger and more time consuming correction.
Time will tell.
Seb
Time will tell.
Seb
AUD/USD H4,Daily & Weekly Update + Gann Fan + Regression
I got two counts that I'm keeping my eye on: one for the bears, onfe for the bulls.
For the bears I have my old count that claims wave 5 had finished next to the wave 3 top. That means large structure of WXY has finished the leg of X and now we sould see an impulsive development to the downside. Any break above previous wave 2 high invalidates the count. This seems to be supported somehow by regression model.
For the bulls there is my next count that shows wave 4 has not been finished yet and after this long lasting time consuming triangle correction the price will finally break to the brand new hinghs.
Seb
For the bears I have my old count that claims wave 5 had finished next to the wave 3 top. That means large structure of WXY has finished the leg of X and now we sould see an impulsive development to the downside. Any break above previous wave 2 high invalidates the count. This seems to be supported somehow by regression model.
For the bulls there is my next count that shows wave 4 has not been finished yet and after this long lasting time consuming triangle correction the price will finally break to the brand new hinghs.
Seb
GBP/USD H4 Update + Gann Fan + Regression Channel
So far Elliott Wave principle applies to GBP quite well but as far as I know this pair it will not last for long, LOL. :)
On Gann Fan chart we can see that GBP/USD is close to important support anlge lines. Break through this lines may result in strong move to the downside.
Seb
EDIT: I have put an alternative count in case this whole move up would end up as five wave impulsive overthrow of a wave E instead in three waves. This is why it is extremly important what way this week GBP/USD would take: blowing through any of the extremes (top/bottom) will clear the picture.
On Gann Fan chart we can see that GBP/USD is close to important support anlge lines. Break through this lines may result in strong move to the downside.
Seb
EDIT: I have put an alternative count in case this whole move up would end up as five wave impulsive overthrow of a wave E instead in three waves. This is why it is extremly important what way this week GBP/USD would take: blowing through any of the extremes (top/bottom) will clear the picture.
EUR/USD Daily Gann Fan + H4 Regression Channel
First channel was made from the bottom of wave 5.
Second channel starts from top of wave A.
Gann Fan chart is scaled to 15.25 pips per bar per day.
Seb
Second channel starts from top of wave A.
Gann Fan chart is scaled to 15.25 pips per bar per day.
Seb
EUR/USD M30, H1 & H4 Update
Wave C of wave (b) could take the price as high as 61% of Fibo and channel line resistance before any significant drop would develop.
Seb
Seb
Crude Oil H4 and Daily Upade + Regression Chart
It looks like there is still one more wave down before any significant correction would take place.
Non-Linear Regression model clearly shows the way.
الجمعة، 26 أكتوبر 2012
EUR/USD M30 Update
This is my current view: the impulsive (1)(2)(3)(4)(5) is alt. version of labeling.
Count labeling changed to best fit one after wave 1 - 4 overlapse.
Seb
Count labeling changed to best fit one after wave 1 - 4 overlapse.
Seb
الخميس، 25 أكتوبر 2012
EUR/USD H1 Update
Impulsive bearish move down ALMOST invalidated due to wave 1-4 overlapse rule.
So far we are in the no man's land as the price action from the yesterdays bottom looks more corrective than impulsive.
Seb
So far we are in the no man's land as the price action from the yesterdays bottom looks more corrective than impulsive.
Seb
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