bijak_sinner
Fun Poster
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- Dec 16, 2005
- Messages
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tf h4
http://img182.imageshack.us/img182/8823/clipboard01go8.jpg
Current Trading Positions for EURJPY240 (EURJPY240) Daily on 25-May-2007
* An Intermediate degree trader (hold positions from months to quarters), would currently be shorting this market. The probability of this Target Area being correct is 85.1%. However, the random probability of this Target Area being correct is 64.1%. So the true probability of this Target Area being correct is 32.8% better than random.
Extensive Elliott Commentary for EURJPY240 (Daily) on 25-May-2007 with three incomplete patterns:
Wave B of the Minor degree Flat with a rating of 102.5 is expected to complete in the price range 162.77 to 168.04, but more probably between 163.17 and 165.14. This wave is due to complete anytime from now until 10-Jul-2007, but is most likely to complete before 05-Jun-2007.
After wave B is complete, expect the market to continue down into wave C, which should be a five wave Impulsive pattern. Expect wave C to retrace wave B by 93% - 176%. Wave C can also be expected to be 110% - 176% of the price length of wave A. The expected time for wave C to complete is 60% - 248% of the time taken for wave B to complete and 119% - 393% of the time taken for wave A to complete.
Wave (Y) of the Intermediate degree Double 3 with a rating of 81.1 is expected to complete in the price range 149.62 to 162.41, but more probably between 155.63 and 160.15. This wave was expected to complete before 23-May-2007, and must complete by 26-May-2007.
Wave (Y) will probably complete this Double Sideways pattern, although it could possibly extend into a Triple Sideways pattern.
This is the final wave in the pattern. When complete it will also complete wave B of the Primary degree inverted Flat with a rating of 75.2. These two waves have the same target ranges.
After wave B is complete, expect the market to continue up into wave C, which should be a five wave Impulsive pattern. Expect wave C to retrace wave B by 86% - 173%. Wave C can also be expected to be 101% - 173% of the price length of wave A. The expected time for wave C to complete is 65% - 296% of the time taken for wave B to complete and 120% - 413% of the time taken for wave A to complete.
Current Analysis Settings:
Analysis Date Range: 01-Jan-2007 to 25-May-2007, Label Range: 7 - 30, Preferred Count Labels: 29, Min Rating: 75, Stocks toggle OFF, Bias Towards Beginning of Data: 8, Bias Towards Major High/Low: 8, Largest Degree Wave Filter: Any Pattern
http://img182.imageshack.us/img182/8823/clipboard01go8.jpg
Current Trading Positions for EURJPY240 (EURJPY240) Daily on 25-May-2007
* An Intermediate degree trader (hold positions from months to quarters), would currently be shorting this market. The probability of this Target Area being correct is 85.1%. However, the random probability of this Target Area being correct is 64.1%. So the true probability of this Target Area being correct is 32.8% better than random.
Extensive Elliott Commentary for EURJPY240 (Daily) on 25-May-2007 with three incomplete patterns:
Wave B of the Minor degree Flat with a rating of 102.5 is expected to complete in the price range 162.77 to 168.04, but more probably between 163.17 and 165.14. This wave is due to complete anytime from now until 10-Jul-2007, but is most likely to complete before 05-Jun-2007.
After wave B is complete, expect the market to continue down into wave C, which should be a five wave Impulsive pattern. Expect wave C to retrace wave B by 93% - 176%. Wave C can also be expected to be 110% - 176% of the price length of wave A. The expected time for wave C to complete is 60% - 248% of the time taken for wave B to complete and 119% - 393% of the time taken for wave A to complete.
Wave (Y) of the Intermediate degree Double 3 with a rating of 81.1 is expected to complete in the price range 149.62 to 162.41, but more probably between 155.63 and 160.15. This wave was expected to complete before 23-May-2007, and must complete by 26-May-2007.
Wave (Y) will probably complete this Double Sideways pattern, although it could possibly extend into a Triple Sideways pattern.
This is the final wave in the pattern. When complete it will also complete wave B of the Primary degree inverted Flat with a rating of 75.2. These two waves have the same target ranges.
After wave B is complete, expect the market to continue up into wave C, which should be a five wave Impulsive pattern. Expect wave C to retrace wave B by 86% - 173%. Wave C can also be expected to be 101% - 173% of the price length of wave A. The expected time for wave C to complete is 65% - 296% of the time taken for wave B to complete and 120% - 413% of the time taken for wave A to complete.
Current Analysis Settings:
Analysis Date Range: 01-Jan-2007 to 25-May-2007, Label Range: 7 - 30, Preferred Count Labels: 29, Min Rating: 75, Stocks toggle OFF, Bias Towards Beginning of Data: 8, Bias Towards Major High/Low: 8, Largest Degree Wave Filter: Any Pattern