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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:

EUR

Discuss EUR in this thread
 
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DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 10, 2011 0:53
gottit ?
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 10, 2011 0:52
If true we label that Wave 1 or A
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 10, 2011 0:52
It sure dont look like an ABC to me. More likely 5 waves probably completed
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 10, 2011 0:50
or does it look like 5 waves down. looking at 60 min here or even 30 min
jacek
Melbourne, Australia
Posts: 2579
13 years ago
May 10, 2011 0:50
yep.. i am mostly in C.. rearly in B.. often in A from different time frame..
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 10, 2011 0:50
Now looking at the EU move down from its 4938 high, does it look like a corrective ?
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 10, 2011 0:48
Once terminated, hold back for some degree of confirmation before piling back into the main trend again
jacek
Melbourne, Australia
Posts: 2579
13 years ago
May 10, 2011 0:47
i look at it like riding a bike.. sure road rules are there.. but you need to feel the traffic flow to survive and ride another day.. wow that's getting a bit deep:-)
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 10, 2011 0:47
and in the Wave C you are looking for 5 waves within so you can usually tell whether it will peak at the 100% level or extend to the 127.2% level. take some off at the 100% and again at the 127.2% if looks like extending
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 10, 2011 0:45
Wave C will almost always equal length of Wave A measured from the B high/low, or extend to 127.2% of wave A
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