Thread: ElliotWaves
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Old 07-22-2006, 10:21 AM
EACAN EACAN is offline
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USDJPY any one?

I am having a productive weekend going over the notes reading lots of stuff
... this might be a potential setup I would want the 50% Retracement to Hold and see with other indictors systems for potential 3rd wave .. As i understood EW does structure the data very well it is in the hands of the technician to act on the data for which i am for now very new although i am using lots of systems combinations i will keep this thread for only elliotwaves setups one can always use conformations from related systems. So a potential setup and ofcourse anything can happen below 50% retracement i would be cautious to go long cause it might have failed..
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