EURUSD

 elliott-today - riding the waves with confidence

 

Home ] SPTD2017 ] DAX ] [ EURUSD ] Elliottwave Intl. ] Socionomics ] Disclaimer ] Info ]

 

June 28, 2017

 

The Elliott Wave Principle is a detailed description of how markets behave. The description reveals that mass investor psychology swings from  
pessimism to optimism and back in a natural sequence, creating specific patterns in price movement.Each pattern has implications regarding  
the position of the market within its overall progression , past, present and future. The purpose of this publication and its associated services is
to outline the progress of markets in  terms of the Elliott Wave Principle and to educate interested partiesin the successful application of the 
Elliott Wave Principle. This is probably the most comprehensive trading education on how to project high probability time & price targets based 
on  Elliott Wave pattern structure.

 

“By the Law of Periodical Repetition, everything which has happened once must happen again, and again, and again - and not capriciously, 
but at regular periods, and each thing in its own period, not another’s, and each obeying its own law … The same Nature which delights in 
periodical repetition in the sky is the Nature which orders the affairs of the earth. Let us not underrate the value of that hint.”  -  Mark Twain

 

 

 

 

 

 

 

 

 

 

 

 

 

EURUSD

 

 

 

 

 

 

EURJPY >>>

USDJPY >>>

 

Euro profitiert nicht von robusten Daten
dpa-AFX, 23.05.17

Elliott Waves NOT the News... >>>

________________________________________________________________________________

 

 

Forecasting With The Elliott Wave Principle - © ELLIOTT today

EURUSD, (Daily chart), June 28,2017 - Big Picture

 

 

Elliott Wave Analysis  [EURUSD,Daily 1.13524C ]

EURUSD trades in Minuette wave iii of Minute wave (v) of Minor wave c. 
With respect to the 25min. chart shown Jun 23 prices traded to and fro forming a 'Contracting Triangle' 
and finally produced an upward 'Thrust' out of the triangle. 

If you have questions mail to:  trading618@freenet.de

________________________________________________________________________________

 

 

Forecasting With The Elliott Wave Principle - © ELLIOTT today

EURUSD, (25min. chart), June 23,2017 

 

Chart: Barchart.com

Copyright © 2017 ELLIOTT today. All Rights Reserved.  None of these stocks are buy or sell recommendations. 
There is a high degree of risk in trading. CLICK HERE FOR FULL RISK DISCLOSURE.

Elliott Wave Analysis  [EURUSD,25min., 1.12019C ]

Five waves up.... but look, prices just touched the ML ! An alternate count (#2) displays a three-wave structure (a)-(b)-(c). 
Well wait and let the market tell us what's ahead. 

If you have questions mail to:  trading618@freenet.de

________________________________________________________________________________

 

Forecasting With The Elliott Wave Principle - © ELLIOTT today

EURUSD, (90min. chart), June 17,2017 

 

Chart: Barchart.com

Copyright © 2017 ELLIOTT today. All Rights Reserved.  None of these stocks are buy or sell recommendations. 
There is a high degree of risk in trading. CLICK HERE FOR FULL RISK DISCLOSURE.

Elliott Wave Analysis  [EURUSD,90min., 1.11967C ]

EURUSD is highly likely tracing out an 'Ending Diagonal Triangle'. Prices turned down immediately...  
Rebound (countertrend) in force. I'm watching  for a possible target at previous 4th wave for resistance.  

 

If you have questions mail to:  trading618@freenet.de

 

Eurokurs steigt fast auf 1,12 US-Dollar - Griechenland-Hilfe stützt
dpa-AFX, Jun 16,2017

 





Here's What Makes Elliott Waves a Useful Forex Tool
Some Elliott wave forex traders do watch the news -- but for different reasons
By Editorial Staff
Thu, 03 Nov 2016 10:15:00 ET 

Last Friday, EURUSD rallied strongly. Said Reuters:

"The U.S. dollar tumbled against a basket of major currencies...on U.S. political uncertainty after the FBI said it would review more emails related 
to Democratic presidential candidate Hillary Clinton's private email use."

It's true that the euro rallied after Friday’s news. But we pointed out in our October 21 story that Elliott wave patterns had already been calling 
for a bottom, if only a temporary one.

EURUSD didn't get there in a straight line -- in fact, on October 25, it made a slight new low for the move at 1.0850. But from there, it surged strongly,
and by the time the Clinton news hit the wires last Friday, the pair was well off the lows. In other words, the news came at the end of the rally, not the
start of it.

Which brings up this question: What gives Elliott waves the ability to warn you about trend changes before the news? 
The answer begins with a conversation about what the markets’ true driver is.

Every single day, the mainstream finance makes the connection between the markets and the news. Even when the market move doesn't fit the news, 
they still tie them together -- by using the word "despite":

"Despite strong earnings reports, stocks fell on Wall Street today," or
"The dollar rose despite a weaker-than-expected jobs number."

Sounds familiar, doesn’t it? News or no news, you still come away thinking that A caused B.

The problem with this approach is... well, there are several. One, as we’ve just discussed, the markets often defy logic. Two, you're always left to play
catch up: You wait for the news; you watch the market react; and only then do you try to jump on the moving train, so to speak.

Even if you take a guess and open a position before a scheduled new report, you're still at the mercy of market's reaction -- which, again, is far from
being logical 100% of the time. (Look at the U.S. stock market, for example: It’s now traded flat for two months, "despite" tons of news stories, good 
and bad.)

Here's the reason why Elliott waves help you cut through this fog: Waves track market psychology, which goes where it goes before the news; regardless
of the news. 
That’s why even those Elliott wave forex traders who watch the news do it for different reasons than everyone else:

1. Elliott wavers often keep an eye on the schedule economic releases because often, they will mark turning points which Elliott wave price patterns already 
warned you about.

2. The news often convey an extreme in market sentiment. For example, if you keep hearing over and over that "everyone hates the euro right now," that tells
you that the market's collective psychology is reaching an extreme; everyone has already sold their euros. And if at the same time your Elliott wave analysis 
tells you that yes, the market is about to reverse, you can use those "extreme" news stores as a contrarian indicator.

Do Elliott waves always work? I wish; what does? But because prices often do follow the Elliott wave model, when you forget about the news for a day and
watch price patterns instead, the results might surprise you. 

Free 14-page eBook
Trading Forex: How the Elliott Wave Principle Can Boost Your Forex Success

Learn how to put the power of the Wave Principle to work in your forex trading with this free, 14-page eBook. EWI Senior Currency Strategist Jim Martens 
shares actionable trading lessons and tips to help you find the best opportunities in the FX markets you trade.

Goto > Elliottwave International  >>>

Forecasting With The Elliott Wave Principle - © ELLIOTT today

EURUSD, June 2017 >>>

 

________________________________________________________________________________

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

_________________________________________________________________________________

 

 

 

 

EW-Examples of Five Wave Move               >>>

EW-Examples of Diagonal Triangles          >>>

EW-Examples of ABC Zigzags                     >>>

EW-Examples of Double Three                    >>>

EW-Examples of 4th Wave Retracements >>>

 

 

 

 

 

 


Testimonies

 

As I indicated several times before - the best "wavy gravy" on the net - bar none! Enjoy. Sept.2,2004, clearstation.com

Hey War - Speaking of "poils" - keep an eye on that ML-2:
clearstation,8/22/04

The best wavy-gravy on the net, nonetheless. Enjoy!
Clearstation,Aug.16,2004

Hey John - These guys cook up the best wavy gravy on the net - BAR NONE - so I'm salivating as I wait for dinner to be served! The appetizer last week was delicious. Enjoy! Clearstation,Aug.9,2004

"hi ernie - These guys make the best wavy-gravy calls, period."
[clearstation.com]

"Hi John - The Elliott chart I cited yesterday @ 12:43 PM turned out to be the most prescient one of all - projected 1128; SPX high of day was 1127.65.  Not too shabby! If you could post charts like this, that would be great!" 

 

Home ] SPTD2017 ] DAX ] [ EURUSD ] Elliottwave Intl. ] Socionomics ] Disclaimer ] Info ]

Copyright ©  2017. ELLIOTT today. All Rights Reserved.  None of these stocks are buy or sell recommendations. 
There is a high degree of risk in trading. 
CLICK HERE FOR FULL RISK DISCLOSURE.

The Elliott Wave Principle is a detailed description of how markets behave. The description reveals that mass investor psychology swings from  pessimism to optimism and back in a natural sequence, 
creating specific patterns in price movement. Each pattern has implications regarding  the position of the market within its overall progression, past, present and future. The purpose of this publication 
and its associated services is  to outline the progress  of markets in terms of the Elliott Wave Principle  and to educate interested parties in the successful application of the Elliott Wave Principle. 
This is probably the most comprehensive trading education on how to project high probability time & price targets based on Elliott Wave pattern structure.