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Topic: Critical Levels - EW analysis - page 112. (Read 355129 times)

legendary
Activity: 924
Merit: 1001
October 14, 2014, 04:01:47 PM
The current wave to the upside is not behaving very impulsive. watch out if you are long!
legendary
Activity: 924
Merit: 1001
October 14, 2014, 05:23:53 AM
a chinese chart for interest sake.

legendary
Activity: 924
Merit: 1001
October 14, 2014, 04:11:54 AM
buying above and close to 390 is a good bet before wave v comes. don't become attached to this position.
legendary
Activity: 924
Merit: 1001
October 14, 2014, 02:11:46 AM
We just topped out wave III of C so it seems.

legendary
Activity: 924
Merit: 1001
October 14, 2014, 12:59:35 AM
Quote
I agree with your targets. Meanwhile MasterLuc has gone full bull in his thread. Said he's post again when we are at $500. lol


meh, not much point in targets here. Ill short the top when I see it, the wave form is clear.

So if you dont have a target, what are you watching for in a local top?

Using the complete EW count. I dont know the magnitude of iii or iv yet, so I dont have enough info to forecast profit targets. Ill use trendlines on the me medium scale to break and confirm deceleration and then look into all fractals on the smaller time scales.
legendary
Activity: 2156
Merit: 1070
October 14, 2014, 12:44:54 AM
Quote
I agree with your targets. Meanwhile MasterLuc has gone full bull in his thread. Said he's post again when we are at $500. lol


meh, not much point in targets here. Ill short the top when I see it, the wave form is clear.

So if you dont have a target, what are you watching for in a local top?
member
Activity: 116
Merit: 10
October 14, 2014, 12:32:51 AM
Did you short on the 11th, as you advised:

Quote
OK. seems like b wave has terminated cerca 0.618 of a. a stop above the local top, 370, is an excellent risk reward opportunity for shorts. target 330.

legendary
Activity: 924
Merit: 1001
October 14, 2014, 12:12:00 AM
Quote
I agree with your targets. Meanwhile MasterLuc has gone full bull in his thread. Said he's post again when we are at $500. lol


meh, not much point in targets here. Ill short the top when I see it, the wave form is clear.
legendary
Activity: 2156
Merit: 1070
October 13, 2014, 08:46:46 PM
We might see this play out roughly. Targets not confirmed yet. We are looking to turn medium term bearish in the top of this area n the coming days.





I agree with your targets. Meanwhile MasterLuc has gone full bull in his thread. Said he's post again when we are at $500. lol

legendary
Activity: 924
Merit: 1001
October 13, 2014, 05:04:31 PM
We might see this play out roughly. Targets not confirmed yet. We are looking to turn medium term bearish in the top of this area n the coming days.



legendary
Activity: 924
Merit: 1001
October 13, 2014, 06:12:20 AM
if we pass through 2260 that is bearish. this could be a stoploss level.
legendary
Activity: 924
Merit: 1001
October 13, 2014, 05:31:22 AM
As far as I see, in your latest chart wave 1 of i intersects with wave 4.

I believe if you see the chinese charts that is explained by a failure fifth wave, in fact I should have used only the chinse charts to show this as they are much clearer.
sr. member
Activity: 427
Merit: 250
October 13, 2014, 05:01:02 AM
As far as I see, in your latest chart wave 1 of i intersects with wave 4.
legendary
Activity: 924
Merit: 1001
October 13, 2014, 03:22:08 AM
Short term target for III of C is 2450. thats 1.618x wave I. I would not necessarily sell here without better reason than a fib extension, and certainly would not short. we are targeting 450.
legendary
Activity: 924
Merit: 1001
October 13, 2014, 01:54:01 AM
This is a pin point trade.




Time to go long. Stamp is showing a VERY attractive count, I of C. this is not to be missed out on.

legendary
Activity: 924
Merit: 1001
October 13, 2014, 12:43:47 AM
This is a pin point trade.


legendary
Activity: 924
Merit: 1001
October 12, 2014, 11:46:07 PM
a great buy opportunity is approaching.

legendary
Activity: 924
Merit: 1001
October 12, 2014, 08:48:22 PM
this is a good area and time to start accumulating a long. Price may consolidate in this area for some time, or carry on trending soon.
legendary
Activity: 924
Merit: 1001
October 12, 2014, 05:07:07 PM
Looks like wave i is complete and wave iii is leaving the station. I am long already but I would say it is a good idea to look to buy now any significant retrace, stop under 2200.
legendary
Activity: 924
Merit: 1001
October 12, 2014, 04:30:27 PM
Triangle bullish breakout. Up then down for the C it seems



The west completed a triangle but not china. We have carved an impulsive wave to the upside. I would wait for a retrace before buying into this. I am looking for more confirmation that C wave has begun. C wave will go up, not down. c wave should have gone deeper, but it seems it may be over. that would make the retrace of wave B 0.382, an acceptable retrace.
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