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brownsfan,
I would like you to give me and explain in more detail spinnings and volume bars relationships with charts please. I dont know too much about these interactions. specially about what you say of the equilibrium market please
thanks MX
notouch,
I know there is a possibility to keep growing still, but I trade the dax (a very, very volatil index) so, having the weekend coming, a war running and oil prices growing, Im scared of having a big downward gap in dax monday morning. this wave is getting to its end, there is, probably, some extensions of this wave to come but, I dont like to run my longs to the top end just in case anything happens. there is also another possibility that we are in wave 3 still of 5 and there is a bullish run to come but it's scary.
thanks for the comment
wsam,
I dont understand what you really try to explain. Im not from the states and have some english language limitations.
thank you
I attach two dax charts because of I have a big doubt about the last elliott wave counting. each chart is a different scenario fot the next days. I would be very greatful if some ellotticyan with experience could bring me some light to my doubts. it can be also useful for those traders who hold long positions still.
thank you all again. it seems we are starting to understand to each other. the beginning was a little difficult and agressive in the texting but, now starts to be softer and these comments can be very useful for all of us and economically good for our trading accounts in the future. sharing different visions of whats going on in the markets make us think different views and being much more aware of changes and trends |
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Hi Malvado, I am glad we interact in a civilized technicall realm, sometimes "maybe" the semantics can sugest some rudness but here at TL we are very franc on our opinion and try to make it constructive....
I have one doubt on the first chart where you count with the red lines the wave 3 doesnt take the high of wave 2... wich is I think incorrect... to validate a wave, it should swing the previous ending pivot of prior wave... I attach what I believe would be the overall count if we have to swing the first wave 1.... please tell me what you think, I am not elliotican, did take course from elliotwave.com some years ago.... cheers Walter.