GBP Trader

Mike波浪理论 · #1 (**permalink**) 11-30-2008, 01:39 PM

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According to the Elliott Wave principle,

GBP will get to 1.58 next week(20081201~20081205)

prasxz · #2 (**permalink**) 11-30-2008, 02:08 PM

should break 1.5447 as previous daily high and 1.5513 before going up

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Forex Indicators Collection

Mike波浪理论 · #3 (**permalink**) 11-30-2008, 02:23 PM

yeah,let's wait and check~

Linuxser · #4 (**permalink**) 11-30-2008, 11:31 PM

This section is best suitable for this thread

yano125 · #5 (**permalink**) 12-01-2008, 03:53 AM

Quote:

Originally Posted by Mike波浪理论

Attachment 73606

According to the Elliott Wave principle,

GBP will get to 1.58 next week(20081201~20081205)

Hey Mike...

unless you are looking at a leading diagonal triangle with this Upward move your wave 4 has overlapped with the wave 1 which is only possible in triangles.

I am looking at this as a possible abc for a wave 4 where the move from your wave 2 is the beginning of my wave c.

I may be wrong and you could be right. 'just presenting my count here with you.

Another thing I noticed.. the end of your wave 2 is higher than the end of wave 2 of your wave 3 of same degree. wave 2 inside wave 3 must not go lower than the origin of your wave 1 of same degree.

richemarks · #6 (**permalink**) 12-01-2008, 10:26 PM

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prasxz · #7 (**permalink**) 12-01-2008, 11:39 PM

not break 1.5447 , going down now

The best TF for trading just ask to your self, what trading style did u like ?
for me 4 H is the best one , follow daily trend , so we're not always watch the monitor all the time

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Forex Indicators Collection

Mike波浪理论 · #8 (**permalink**) 12-02-2008, 01:47 PM

Quote:

Originally Posted by yano125

Hey Mike...

unless you are looking at a leading diagonal triangle with this Upward move your wave 4 has overlapped with the wave 1 which is only possible in triangles.

I am looking at this as a possible abc for a wave 4 where the move from your wave 2 is the beginning of my wave c.

I may be wrong and you could be right. 'just presenting my count here with you.

Another thing I noticed.. the end of your wave 2 is higher than the end of wave 2 of your wave 3 of same degree. wave 2 inside wave 3 must not go lower than the origin of your wave 1 of same degree.

Hey yano125,
I can tell you study E wave also.Nice to meet you.
I know one of the E wave rules is "wave 4 can't overlap wave 1"&"wave 2 can't over wave 1",but in my experience,eps in forex,it could be happen.
Now,the real track is different from my forecast,so I will correct my pic later and will talk about the USD's correct wave.

btw,yano125,if you can draw a pic about your wave opinion,that's will be better~

Mike波浪理论 · #9 (**permalink**) 12-02-2008, 03:51 PM

here's my DJIA forecast,and it can prove my forex opiniont

20081202_7699a139e41be55fb4d026QDezkQ63Dr.jpg