My count was 100 percent wrong for previous post

The one minute chart I posted below's post is correct count But their bottom and tops are wrong, they were part of major ABC correction.

I had reasons to post it.

 The interesting thing is The calculation of above is minute and they All most correct if I change them to ABC instead 12345!

And this correction has one feature, the red candles of it..shallows

I should take care not making this kind of mistakes and I hope I would follow the word probabilities


Ray

Euro Dollar is in very critical call for downside

I am back after 2 months break,

Yet that correction which made to wait and see, isn't allowing it self to be finished.

As, 4th wave retrace around 38.2% and taking 1.313 area as that retracement, We should head down.

here is my 1 Minute chart for elliott wave prediction of rally going down for 5th wave *without any failure that is for sure*

Eur/Usd Expanding Diagonal 5th wave Throw-Over Update

For update to previous post - 5th wave throw over.

As above picture,

This 5th wave throw over has to be consisted of Yellow A, Yellow B and Yellow C

Eur/Usd has finished Yellow A and is in making yellow B.

Which has to make new low,1.35140.

There shouldn't be chances of failure of yellow B wave's end.

And then after we could see a rise to above previous high 1.37125

This rise could be similar of what we seen as Yellow wave C* of 3rd wave above.

Target more than 1.37500

Ray

Eur/Usd Expanding Diagonal 5th wave 'Throw Over' 20th Jan 2013

Wave C !

Yes, as far as I am concern it has to be The Expanding Diagonal

Above pic, Blue waves 1,2,3,4 are finished.
As generally known, any expanding diagonal's fifth waves are Throw Over.

Thus, we are in this Throw Over and This one assurely reaches obove 1.37
Above pic,
Every yellow A and C (not shown) are consisting of five waves ( mostly diagonals as well)
Thus making Blue 1, 3 being made of ABC.

Remember, This is Throw over...


RAY

The mysterious Elliott Waves

The mysterious eur/usd!


is there any global mind or what kind of things in our brains leads to make those elliott pattern?

Global mind wouldn't mean god, ie Fibonacci numbers..

Imagine, there are 7 billions of human brains right on surface..
All of them are trading eur/usd.
Very interesting, they signals buy or sell in patterns..even if Aliens joins eur/usd trading would it effect the pattern? as if aliens having different DNA?

The very interesting thing is - these brains are however 'know' what other brain's has done and thus individual  brain behaves, what kind of chain is this?

Are Elliott waves are reason of chain effects, triggering and ending at certain stimulus in the brains?

Wow

Ray

For Previous post

Looking back to my previous post,

As I said The first UPSIDE part hasnt finished and it should finish around 1.37500

Now, to Make it possible eur/usd should see most amazing throw-over soon.

Believe or not A sound break above 1.32250 is SIGNAL FOR STRONG, Bling Buy...


Target for this buy isn't 1.37500 directly but around 1.35-1.36

That will finish 5 wave sequence, then a smaller retracement and then final Up for 1.37500

Ray

We all have dreams. But in order 2 make dreams into reality, it takes an awful lot of determination, dedication, & discipline. -Jesse Owens

Weekly eur/usd Channels update : Triangle

Above pic eur/usd weekly
To fix the Triangle's wave E (from 1.2400), there has to be unique 2 separation of the leg E
The first one has not finished, the yellow cross mark suggest first major break of the rise since 1.2440(the begining of E), 1.37400

Then eur should reverse back in very impulsive manner to 1.33900 - 1.31500 /

From there is C wave begining of very sharp diagonal making last wave of triangle.
TARGET NO More than 1.46500.

In order to excel, you must be completely dedicated. - Willie Mays

Ray.

Elliott Waves Counting Update 4H

Below 4h elliott wave counting,

The most clear picture will be eur/usd is in the Last wave,5th wave finishing 3rd wave(green)

But the ECB press conference made eur to fall in ABC sequence or is it 5 wave..

Green 1 - ab
Green 2 - ab
Blue 1 - minor A n B
Blue 2 - similar ECB press conference fall
Blue 3 - Striking thrust A n B ( also comparable to blue 1 - very identical )

Blue 4 - Most probably ended at trend line touch
Are we in Blue 5? or we are seeing blue 4 as flat?

Yet to be known..

RAY

Instead wave B Probability

The fall was shallow,


if it wasn't 1 to 5, was it failed? or is it ABC.. I will update it..

Target could be bit above of recent high 1.31200 or just below 1.31100

The Ecb Press conference after a failed diagonal and illusionary! diagonal as 1st wave

The most interesting thing was The irregulat wave 2
Its still should be look forward for wave pattern(above pic)

As pic shows, its impulsive diagonal !
if it is then the 5th wave of its should be equal of third wave OR a failed?

However, another wave pattern should be in concern for above pic

The last flight to 1.30600 before first fall of a great rise!

As above pic, wave C might be of An Impulse

Right now, I am predicting a rise leading to 1.30500/600 area making it last or 5th wave of a diagonal wedge making it 1st complete wave in a nested impulse.

Eur/usd aims 1.30600 at least before I can see a major fall but not much

Lets see.

Ray

Wave C Construction

Elliott wave counting of the recent trend change

A break of 1.300 is necessary to correct above pic.

On the opposite, if I can see eur falling from 1.30 around area, there is chance of 'expanding type' diagonal as first wave, making 1.300 area as 3rd wave of expanding type.

The Euro group meeting is still on today, Saturday and it will be held on Monday too.

This certain rising has been observed in the mentality of 'euro group meetings'


RAY.

The game is my wife. It demands loyalty & responsibility, & it gives me back fulfillment & peace. -Michael Jordan

FINALLY THE Fire Works Begins

AND FINALLY THE FIRE WORK Begins

The classical wave C will be an Impulse or a Wedge?

Lets see people !

RAY

The Blue Print of Flat Pattern, Wave B

white wave a was 55 days long,
white wave b is 57 days long,

Here, white wave b hasnt retraced 50 percent of a
This flat pattern (above pic ) is similar to wave B found at the start of this UP-Trend

It is the same point where the hurricane called expanding diagonal developed, This time it could be more damaging.

Ray

A break up on 1.28800 needed!

Gold  A
Gold  B, the irregular Flat (Green a b c )

The question is Are we onto fireworks? A break above 1.28800, the break should be sharp and work done

Eur Goes up at least above 1.35000 probably more and more

This flat pattern suggest it was just a pause!

It will be interesting to see


Ray

The beginging at 1.26500

THE FIREWORKS around 1.26500

if breaks below it will indicate another count, but unlikely.

The Postponed Firework begins

Yes, This could be very assured probability of Eur firing Up-side.


The 'flat' correction as Major Wave B, ladies and gentlemen.

What interesting is :- Now IF wave C begins what kind pattern it will be?

Lets fix Major wave A, Major Wave B and up coming wave C

Major Wave A


Double zigzags + double irregulars + double zigzag = A

Double zigzag (Flat) = B

Expanding Diagonal = C


Major Wave B

Perfect Flat Pattern

---------Awaiting For Major wave C.

Fireworks ahead for Eur/usd

It was NOT Tri-angle as Wave B but its a Flat correction as wave B.

We are very near to end this Flat pattern
Above pic,
Yellow wave C's wave d is still missing, However if its a failed diagonal then a break above 1.30200 means its over & trend is now UP and changed.

The B wave\'s flat correction is less than 38.2% , this means Very strong up-side impulse or diagonal could be observed for eur/usd.

Fireworks ahead, ladies and gentlemen!

Ray

The pattern of triangle

Triangle means the previous trend is still working on..

Here, wave d isn't finished yet, it surely go a bit higher than 1.30605
More importantly, then after eur/usd should move back towards 1.2840 area.

The construction of triangle as below :
wave a = double three
wave b = a double zigzags ( where wave C was an impulse! )
wave c = wave a
wave d = wave b ..
wave e = wave a=wave c??

that will be seen

The Triangle as Wave B

Picture showing ABCDE

Here, Skycolor a and c have the same wave pattern, abcA-B-C.