Could please explain why 1 month ago you set up another FIB retracement from the same point 0???
edmunch
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tntsunrise
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the swing is differnt
Hassanfx_Expert
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Jack sl please
tntsunrise
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thinks this: until when u think it is no longer good to short
ArtFly
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Results should be published before or at the time of setting. For now, your four observed selections NZDUSD , USDCAD , Gold and Silver were recently unsuccessful . USD is weak . EUR / USD 50 %. Let's see this one
haug01
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Great chart, Jack,
I am also short now at 1.1215. The daily and 4 hour charts are overbought right at the trend line. The 5 minute chart is in a nice downtrend.
Stop loss in place.
Thank you.
nahidik
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Very nice Mr. Tnt. Thank you for all your great posts. I have a similar idea however I think there may be another move up before a big move down. If there is a strong break of the trend line I will get in the short, if not I will wait until price hits my PRZ.
gcplau
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Hmmm... interesting, I had a similar trendline in DXY, and a Wave 5 yet to hit....very similar to yours but I use Wave 12345 & trendline to form that confluences
nahidik
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I also have the DXY on a similar course. Unfortunately Jack has a different plan and he is usually correct. I am not an elliot waver per se, I found I spent too much time working in the manusha trying to count subwaves. Also I found in 4X the 2nd - 4th wave rule was often broken. So I generally us w-x-y-x-z for most formations unless very clearly defined. Main thing after the 5th wave there will be a change of direction for a while.