[VILLAFILLER]

Hi...I went short @ 14542..missed my squaring-up target at 14440 but added to the short at 14504.

Attached my long-term count & short-term (tempted to buy back my two shorts @ 14450) & buy into a wave 2 opportunity tomorrow morning rather than wait for a wave 1 bounce this evening.

VR

[VILLAFILLER]

Just gone long here based on

168% of my near-term A
5 waves down
previous level @ 14372
Momentum on 4hr, 1hr & 15min oversold

Fingers crossed

VR

[throughthemud]

I went long at the upper 1.4360s and my limit is set at 1.4423 as I am only looking for a 4th wave correction. Once the next wave starts taking form I'll discuss it further. I will post a chart this weekend. I'm traveling right now and just trading from my iPhone.

[throughthemud]

Here is my current count and outlook for next week. I think we are currently in a small degree fourth wave. I'm keeping my limit at 1.4423. I have a short entry set at about 1.4440 but we'll have to see how the wave starts forming to get a better idea of where it is going. The main unknown I have that will affect my trading next week is whether the 5th wave that is soon to begin will be the 5th of a 5th or the 5th of a 1st.

[elovemer]

..........
...........
...........

[throughthemud]

elovemer,
don't post in this thread if you're not going to explain what you're posting and it should have some relevance to elliott wave

[throughthemud]

Here's a corrected count from my last post. The larger wave is still unknown but I think the probability of it being wave i (circle) of minor degree 3 is the most likely because of its size. The wave is too small to be the entirety of wave v (circle) of minor degree 1 and is too large to be wave (i) of v (circle) unless we're going to have two extended waves in minor wave 1 which I'm not sure is possible. If it is possible it is very unlikely.

[elovemer]

.... waves 1,2,3,4
...wave 5 yet to come... pretty obvious from the chart i would think

... could be wrong of course

Originally Posted by throughthemud »

elovemer,
don't post in this thread if you're not going to explain what you're posting and it should have some relevance to elliott wave