EURO/DOLLAR - Forecast of two scenarios within the consolidation

FX:EURUSD   Euro / U.S. Dollar
- Do you know where EURUSD             will go?
- Me either, but I have some clues to share.

Happy trading!

SUBSCRIBE to my TRADE SIGNALS with 15 DAYS of FREE TRIAL. Suitable for all traders.
Please, contact me via Private Message, Email (( & Skype (@insidemarket168)
Scenario one or two, dont metter, WE WILL TRADE!! :D
+1 Reply
InsideMarket Piet.Hein
I don't understand why you label scenario two as 5 waves... I haven't seen elliott wavers label a 5 wave correction. I'm sure you realize that W3 in that scenario was not impulsive... only because W4 would be far too large.
+1 Reply
Your points are pertinent. I'm thinking beyond the theory because - you may agree - it's easy to label what already happend.

About the (potential) wave 3, I'm assuming it's a C wave for now. Let's see how it goes!
kosai19 PRO InsideMarket
I only really mentioned it because most elliott wavers are a stickler for the rules. I actually count 5 wave corrections as my own style of waves. The reason I do that is because it works... I know in reality W1 is (a) of the higher degree but I still choose to label it this way since the ratios of the rest of the waves are the same.
+1 Reply
To add... I think elliott waves rules are outdated or the markets have evolved past them. I think that's the main reason it fails for so many people... Generally you have to find an edge and do things differently to have a lot of success....cheers.
+1 Reply
I use Elliott waves with a strong sense of fractals. It drives me crazy, but the challenge is big as the reward.

+1 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out