Impulsive
NASDAQ Analysis >>> The Fifth Impulsive WaveNASDAQ / US100 will go down to the Fibonacci Ratio in order to complete the fifth impulsive Elliot Wave
#fibomic
#NASDAQ
BOIL hit the boiling point FridayInvesting, investing,
Let's put our money to work!
Buying stocks and bonds and funds,
For our future we will perk!
BOIL, and natural gas in general spent what seems like forever capitulating. There was just too much supply but I expected demand will increase which would drive up the price of natural gas. Supply and demand are the main drivers of commodity prices as they determine the amount of a commodity available and the level of desire for it. When supply is low or demand is high, prices tend to rise, while excess supply or low demand can lead to price drops.
When news broke this morning, the price dropped 20% and we landed -20%+ at EOD Monday. If you look at the daily wave master (not pictured), you will see that there is significant chance that this little trooper will drop more. What is more important is that the move looked like it finished after a 60%+ move from the lows backon Frbruary 21st. Now, we wait. Lets see if BOIL and Natural Gas make new lows or if we'll find some support. Need patience on this one.
XAUUSD New impulsive wave soon! Moving higher for 7 swingsElliott wave count + fibonacci + SNR/SND + Divergence
As my EW count currently price doing correction ABC wave(yellow) after finish impulsive wave(green). Target wave C(orange) end and approach fibo ext 161.80% of wave 1 count of current subdivision impulsive wave(cyan). And will start new impulsive for 7swings and move high
AUDJPY HAS BULLISH CHARACTERISTICS - ELLIOTT WAVE ANALYSISHi Ellioticians, this is my current look on the AUDJPY. A possible bullish advance unflding, up from 90.76 level. Price can be in a black wave (iii), with possible projection target of Fib. ratio of 2.0. At the mentioned target a correction can start developing.
Wave (iii) is an impulse, therefore five legs must unfold within it, before a correction as wave (iv) may start unfolding.
The parallel channel line suggests where wave (iv) correction can find support, once it starts to develop (at the middle parralel line, or at the lower one).
In case a sudden impulsive reversal starts unfolding towards the 90.75 level, then this would suggest a bigger, complex correction to be underway from the 94.32 level. On the other hand, more bullish and impulsive price activity would be a bullish sign.
Trade well.
SILVER POINTING ABOVE 30.0! - ELLIOTT WAVEHi Ellioticians, silver is trading choppy and corrective for the last year and a half. We see a possible completed complex correction in II, down from 29.87 high, which means more upside can be expected for silver in the long run. At the moment we are observing an idea of an Elliott wave leading diagonal in blue wave 1 of III, which is a wedge and still needs two more legs to fully develop. Lower ending diagonal line can react as support.
In case 21.47 gets broken, then higher degree wave II can still be unfolding as a complex correction. If we get a sharp and impulsive move above the 28.74, 30.0 area, then higher degree wave III can already be in full motion, and more upside underway.
Trade well.
AMAZON Lookin to Advance Higher - Elliott WaveHi Elliotticians, Amazon.com is making a bullish impulse on the weekly time frame, and can currently be ending a corrective wave IV of a higher degree near the Fib. ratio of 0.382 and 0.50.
A completed three-wave correction in IV, followed by an impulsive rally above the 3762 lvl. would be a confirmation that wave V us underway.
Alternate scenario indicates a completed bullish impulse at current highs, which means we may expect a minimum three-wave reversal.
Trade well.
RUBEUR ENDING A BEARISH PATTERN - ELLIOTT WAVE Hi Elliotticians, RUBEUR can be unfolding a complex pattern on the weekly time frame, known as a double zig-zag down from 2008. There is a completed a-b-c move in w, followed by a completed elliott wave triangle in x, and now a possible three-wave move down for a wave y. Possible support and a rebound can be near the middle parallel channel line and at the Fib. ratio of 1.0 and 0.618.
An impulsive recovery above the 0.0148 lvl. would suggest a completed move to the downside, and a bullish advance.
Alternate count suggests an impulse to be underway down from 2008, specifically wave 5 of an impulse, which is formed by five sub-waves. Possible support and a turning point to the upside can be near the same levels as for wave y.
Take care!
EURUSD Is Bullish On Intra-day - Elliott wave EURUSD is in a five-wave intra-day rally on the 15min chart. This impulsive move up suggests a minimum three-wave recovery, with red wave a leading the way. At the moment price can be unfolding sub-wave (v) of a, which can look for resistance at the 1.128/1.13 region, and then turn into a bigger red wave b correction.
Both alternate counts suggest a flat to be in progress: ALT 1 suggests a potential top for a sub-wave (v) to be in place, and an a-b-c move to be underway, towards the 1.123 level, before more upside can follow.
ALT 2 suggests a flat to be in play for a sub-wave (iv), and a retest of the 1.123 level, before we may see sub-wave (v) unfold to the upside.
Can EURNZD move against the direction of the leader?
While EURUSD head to down sharply and I take profit from it's bearish move, I'm wondering if taking some profits is possible in opposite direction from EURNZD!
Every thing is clear.
Moving averages confirm the trend and a levels is almost impulsively broken!
Waiting for the best moment to enter!
Buy in the zone!
Long VETUSD - Elliott impulsive waves phase 3 BULL-RUNIt's not too late to jump on the bandwagon, as phase 3 of Elliott's impulsive wave offers us a nice price target.
We saw the bottom of the wave 2 correction that went for the 0.786 Fibonacci retracement towards the $0.056 price. This indicator is powerful to launch the phase 3 of our impulsive.. We can see that we have strongly started the bull-run of phase 3 to go for the top of it.
The minor target is $0.35.
The major target is $0.41.
Personal position at $0.07.
Day or Swing Trading Avoid impulse Buying
To be successful in Market : Buy or Sell at price intervals {Buying all your available money at one price may cost you time and profit opportunity }
Before trading identify two key point that is lowest price and highest price of the candle or series of candles
Instead buying at highest point with all the allocated money Buy 20% quantity at the current price
Set the next buy order when the price corrects to 5% from the previous buy (% may vary based on the price value of the stock)
Repeat this cost averaging 5 to 10 times during the buy prices
In this way more quantity ,reasonable averaged price entry is possible
Set a target price ,Do not sell all the quantity at one price
Follow the ladder selling approach to maximize your returns
Mainly such standards helps avoids impulse buying ,Gives more Mind contro l ,Helps reducing emotional attack over a period of time.
A Rhythm is set in your mind not to panic by seeing the fluctuated volatility of the market ,Market goes up or down you will be cool to get your fish at right price
FB ICI setups with trend (S@F2)Facebook ICB setup
-impulsive/corrective/impulsive
Approaching resistance zone, limiting profits and probably a pullback @175
may be a slow moving trade
USOIL - Elliott wave – update count – wave 5 unfolding
minor wave 5 unfolding -motive ending diagonal triangle - 5 waves zigzag
zigzag minute ((i)) ended
zigzag minute ((ii)) unfolding
ALT: minor wave 5 unfolding - motive impulsive - minute ((iii)) still running to/through 76.99
critical price area
previus daily close 73.24
PP 73.60 DW