Elliott Wave Forex Scalping

Here is a fractal sell signal on the one minute chart, but it is only at the 70 level, so I'm not taking it...
 

Attachments

  • 12_15_2010_1_minute.PNG
    12_15_2010_1_minute.PNG
    21.4 KB · Views: 451
Here is a 5 minute chart update. It is very usual for a corrective wave to not make many pips as the momentum of the Stochastic continues to go up.
 

Attachments

  • 12_15_2010_5_minute_3.PNG
    12_15_2010_5_minute_3.PNG
    25 KB · Views: 344
Here is another sell on the 1 minute that should be good for a few.
 

Attachments

  • 12_15_2010_1_minute_2.PNG
    12_15_2010_1_minute_2.PNG
    19.8 KB · Views: 411
The 1 minute says go long...
 

Attachments

  • 12_15_2010_1_minute_3.PNG
    12_15_2010_1_minute_3.PNG
    23.3 KB · Views: 361
This did not make a new low on the stochastic on the one minute chart so I'm still long.
 

Attachments

  • 12_15_2010_1_minute_3.PNG
    12_15_2010_1_minute_3.PNG
    27.7 KB · Views: 342
Here is a triangle or flag............This is a terminal pattern, and after it is finished there will be a new trend up...
 

Attachments

  • 12_15_2010_1_minute_4.PNG
    12_15_2010_1_minute_4.PNG
    19.9 KB · Views: 676
This should go up now...
 

Attachments

  • 12_15_2010_1_minute_5.PNG
    12_15_2010_1_minute_5.PNG
    20.5 KB · Views: 223
This is the time to disregard technicals for the short term...because of wave counts...
 
The 1 minute shochastic is showing some good divergence from the price, so I have bought...
 

Attachments

  • 12_15_2010_1_minute_7.PNG
    12_15_2010_1_minute_7.PNG
    20.9 KB · Views: 216
The Euro can't seem to get it up, but it will for 100 or 150 pips...
 
Here is the 5 minute chart...
 

Attachments

  • 12_15_2010_5_minute_4.PNG
    12_15_2010_5_minute_4.PNG
    22 KB · Views: 189
Top