Elliott Wave Analysis of EURUSD 13 Aug 2012 Add comments 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 Tweet Share this:FacebookGoogleEmailDiggStumbleUponRedditTumblrPocketPinterestLinkedInPrint 3 Responses to “Elliott Wave Analysis of EURUSD 13 Aug 2012” Krishan Lal Arora says: August 14, 2012 at 1:43 pm 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 Reply Ramki Ramakrishnan says: August 20, 2012 at 9:51 pm Hi Krishan all, thank you, but I have been on the road these past 5 days so don’t know what’s been happening Reply Why forex traders tend to lose money | Forex Wage says: August 15, 2012 at 6:47 am [...] 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 [...] Leave a Reply Cancel reply Name (required) E-mail (required) URI Your Comment Notify me of follow-up comments by email. Notify me of new posts by email.