tag:blogger.com,1999:blog-4878316162397365683.post8851069522560914441..comments2023-11-06T06:01:49.605-05:00Comments on Principle Analysis: an Elliott Wave Blog for Forex Signals, Futures Signals and Stock Signals: Stock Retracement Deep, Maybe Too Deep; Euro Consolidating Before BreakoutUnknownnoreply@blogger.comBlogger9125tag:blogger.com,1999:blog-4878316162397365683.post-42066309221316807082011-12-07T11:59:39.390-05:002011-12-07T11:59:39.390-05:00Sleep is good, especially in a light volume Decemb...Sleep is good, especially in a light volume December. I feel no need to get heavy on either side right now.PrincipleAnalysis_Blogspot_Comhttp://principleanalysis.blogspot.com/noreply@blogger.comtag:blogger.com,1999:blog-4878316162397365683.post-92177122873391014102011-12-06T21:29:15.825-05:002011-12-06T21:29:15.825-05:00Oops. Mislabelled the C wave as an E wave at the ...Oops. Mislabelled the C wave as an E wave at the end of the current trend at the end of November.Hyperbole2000noreply@blogger.comtag:blogger.com,1999:blog-4878316162397365683.post-61492904870291935762011-12-06T21:18:05.214-05:002011-12-06T21:18:05.214-05:00Not only has the 2 wave not concluded, the 1 wave ...Not only has the 2 wave not concluded, the 1 wave has not yet termiated in my mega-extended 6 month count trend. The trend's future options have been getting nixed left right and center but there is still one possible thread left. It is a mega phone that would provide a real roller coaster for trading.Hyperbole2000noreply@blogger.comtag:blogger.com,1999:blog-4878316162397365683.post-24556564759395343052011-12-06T19:48:32.750-05:002011-12-06T19:48:32.750-05:00True, but I would not expect it in this environmen...True, but I would not expect it in this environment. Plus, UUP made a major WEEKLY divergence on both MACD and RSI. Bullish dollar as a result.valunvstrnoreply@blogger.comtag:blogger.com,1999:blog-4878316162397365683.post-53319222469897509122011-12-06T19:46:04.527-05:002011-12-06T19:46:04.527-05:00Currencies and the major stock markets dont always...Currencies and the major stock markets dont always trade as you expect...there can be weeks where the opposite of your expectations play out, Seen it many times.Perthxnoreply@blogger.comtag:blogger.com,1999:blog-4878316162397365683.post-28911085122549532182011-12-06T19:44:14.651-05:002011-12-06T19:44:14.651-05:00Yes, this is one of those tough times almost forci...Yes, this is one of those tough times almost forcing us to be quick traders or patiently sit on the side lines. I'm sidelined for now expecting the B wave decline I spoke of above to get going anytime now til Monday but not brave enough to jump in short just yet. If you are correct, I'll miss out a bit but sleep a lot sounder in between!Perthxnoreply@blogger.comtag:blogger.com,1999:blog-4878316162397365683.post-67392258666290493712011-12-06T19:05:10.055-05:002011-12-06T19:05:10.055-05:00a euro breakout and a stock market breakdown makes...a euro breakout and a stock market breakdown makes very little sense.valunvstrnoreply@blogger.comtag:blogger.com,1999:blog-4878316162397365683.post-70242324482981250692011-12-06T18:42:22.715-05:002011-12-06T18:42:22.715-05:00I"m definitely open and aware of the fact tha...I"m definitely open and aware of the fact that Intermediate wave (2) may not be complete. That's why I put in that second to last paragraph under the S&P count in the post today. But I want to wait to see what the upcoming decline's structure is before I make any determination, or if 1277.55 is simply just taken out. If my stated wave count is correct, the decline should be extremely sharp and relentless for several days. Anything short of that would put your count as top choice. So right now I'm short, but playing it very defensive. PrincipleAnalysis_Blogspot_Comhttp://principleanalysis.blogspot.com/noreply@blogger.comtag:blogger.com,1999:blog-4878316162397365683.post-91570760842461658532011-12-06T18:35:32.434-05:002011-12-06T18:35:32.434-05:00I love your honesty but I really think you need to...I love your honesty but I really think you need to consider the possibility that wave 2 up is not done but is a much more complex WXY which would ideally finish at least over 1292ish...and THEN wave 3 can get going after the holidays.<br /><br />My big concern is whether the Y wave is an ABC itself of just making a 5 wave that ends around 1300 sooner rather that just after the New Year as I am hoping.<br /><br />Of course If Y is an abc, we could be very close to atop of A and ready for a B wave down that would foll you once again,,,,,Perthxnoreply@blogger.com