Elliott Wave Analysis of EURUSD 13 Aug 2012

 

The following Elliott Wave chart of EURUSD illustrates why traders tend to lose money in forex market. This is the first chart for my article on Market Watch in the Trading Deck section. PLEASE CLICK to ENLARGE.

Elliott Wave Chart of EURUSD Hourly 13-Aug-2012

Elliott Wave Chart of EURUSD Hourly 13-Aug-2012

  4 Responses to “Elliott Wave Analysis of EURUSD 13 Aug 2012”

  1. so sir Job well done I am still looking for X wave to go below to test the lows of prior ABC correction at 1.2134 and then the final wave of irregular or expanded flat will go to 1.2550 area which would be the imminent end of trend bullish trend in bear market But I would like to remain on sidelines because there is no entry…………..By the way do you know why price is that much choppy since last 10 days.

    Your big fan
    Krishan lal

  2. [...] trading in a very choppy fashion. My first chart showing the Elliott Wave counts appears here in WaveTimes , my other blog that deals with using Elliott Waves to give ourself an edge. You can see that any [...]

  3. […] trading in a very choppy fashion. My first chart showing the Elliott Wave counts appears here in WaveTimes , my other blog that deals with using Elliott Waves to give ourself an edge. You can see that any […]

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