Euro FX E/Wave
The E/W count for the Euro/USD is reasonably clear but for the slow turn into wave four. A target in mid 1.38 would fit well and fits with Steven's latest Euro analysisEuro daily 12 mar.jpgSee More
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Steven Vincent commented on the blog post 'Euro FX E/Wave'
Hey Peter. Good to hear from you. By the way, you can embed the chart image in your post by clicking the little camera button. You can enter a URL or upload the graphic.
I am just starting to use wave counts. Layering that on top of my primary…
Peter Matthew updated their profile
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BullBearGirl left a comment for Peter Matthew
Hi Peter,
Thanks for adding me as your friend. This should be an exciting week.
BBG
Peter Matthew commented on the blog post 'Stocks Selloff, Dollar Rally Imminent'
RUT Hand S 6 Nov09.bmp
There's a perfect head and shoulders on the daily RUT (attached) with Friday just holding above neckline.
Options are good when trading the downside, not only leverage, but great advantage from increasing volatility. ATM…
Steven Vincent commented on the blog post 'Jesse Livermore'
Thanks for posting this Peter. We can never be reminded too often of the priceless and timeless lessons that Livermore teaches in his book. All traders should read it over and over again. Heck, it's here for FREE:…
Steven Vincent commented on the blog post 'What's Up goldilocks? Asked Papa Bear waking up'
Elliot Wave is not my thing but thanks for sharing. We'll know a lot more in a few days...or maybe a few hours!
Steven Vincent commented on Peter Matthew's photo
Not seeing your Fib numbers on the chart but 900 could be good support. A selloff on news like the World Bank announcement usually shakes out weak hands and puts in a bottom. But we'll see.
SPX 19 JUN09 Elliot Wave
Update of the SPX Wave count. Wave Four resistance proves strong. Sufficient has been done to complete the count, although it would be unusual to get so close to the 0.382 correction of the main wave down without touching it!
Photo posted by Peter Matthew
Peter Matthew commented on Peter Matthew's photo
This fourth wave could rally to a .50 retracement (about 1060) but the internal minor wave counts and the previous high at 950 mean that there is work to get through these levels first
Steven Vincent commented on Peter Matthew's photo
Does that mean that a Wave 5 is still pending? Are there other potential wave counts? (I'm not much into Elliot or wave theory myself).
SPX 6 MAY 60MIN ewave
Potential Elliot Wave count of the SPX rally from march
Photo posted by Peter Matthew
The BullBear Market Report at TalkShoe.com
June 4, 2009 from 4pm to 5pm
Tune in today after the New York closing bell for The BullBear Market Report with Steven Vincent. My guests today will be:Andrew CardwellCharts from Larry Katz for 6/22/09We may also refer to these charts: http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3279450 We appreciate your calls, questions and observations.Call in to the show: (347) 826-7491 and Press 1.Listen to the show: Use the embedded player…See More
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SPX Potential Elliot Wave count 60min chart.
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Euro FX E/Wave
Posted on March 6, 2010 at 9:26pm 1 Comment 0 Likes
The E/W count for the Euro/USD is reasonably clear but for the slow turn into wave four. A target in mid 1.38 would fit well and fits with Steven's latest Euro analysis
BRIC unease with USD weakness
Posted on November 12, 2009 at 5:52am 2 Comments 0 Likes
There is some activity today with Russia and other BRIC nations selling their currencies against USD because their currencies are getting too strong. They are starting to talk intervention. Maybe this is the catalyst to turn the dollar, that politicians in a number of nations are getting uncomfortable with the weak dollar
P
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Uh Oh! Resistance ahead
Posted on October 22, 2009 at 8:26am 0 Comments 0 Likes
Jesse Livermore
Posted on October 5, 2009 at 4:30am 1 Comment 0 Likes
I thought that it might be timely at this juncture in the equity markets to remind bull/bears of that 'leading light' and favorite of bull/bears, Jesse Livermore.
In addition to the famous "Reminiscences of a stock operator" by Edwin Lefevre, there are two very good books by Richard Smitten "Trade like Jesse Livermore" (2005) and "Jesse Livermore, The world's greatest trader" (2001).
Some of Jesse's trading principles were:
follow the line of least resistance
Patience… Continue
In addition to the famous "Reminiscences of a stock operator" by Edwin Lefevre, there are two very good books by Richard Smitten "Trade like Jesse Livermore" (2005) and "Jesse Livermore, The world's greatest trader" (2001).
Some of Jesse's trading principles were:
follow the line of least resistance
Patience… Continue
What's Up goldilocks? Asked Papa Bear waking up
Posted on August 12, 2009 at 8:48am 1 Comment 0 Likes
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- At 5:29am on November 8, 2009,
BullBearGirl said…
- Hi Peter,
Thanks for adding me as your friend. This should be an exciting week.
BBG
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