Recent content by k3lly

That's my point, i don't know if it is 50:50 - if it is a genuine game then by the very nature of tossing a coin it must be 50:50. When I last looked at the site the they claimed the ratio was 48% heads 52% tails - therefore assuming a 210% payout you would still be up no matter which way you...

Guys, Has anyone any experience of the above site? They offer a simple heads or tales bet, so theoretically you will win as many games as you lose, but the payout is 210% meaning that if this is a genuine game you will make a profit of 10% (assuming you play enough games) no matter what. I...

The fed need to cut the interest rate today to keep this wave count on track!! I reckon they'll only go for for the 0.25% cut not half a point though

Hi Breadman Now then, the third wave is not necessarily the 'biggest' but it is the most powerful ie, has the largest daily/hour/weekly price moves - I have noticed that quite often the 5th wave lasts longer in duration than the 3rd but it is less powerful. Elliot says that during this period...

Update on the Daily chart As you can see on the attached chart the dow has achieved some upside since my last update. I can see wave iii touching somewhere around the 14025 (local resistance) level before tracking back down to around 13810 (the 0.5% fib of wave iv). I then predict that wave v...

Morning DD, Wave i actually occurred at the end of August - I understand why you have asked this question as the top of wave i is lower than the peak that occurred during wave ii. The reason for this is that wave ii is a correctional ABC wave and in this instance it formed an 'irregular'...

Hi Grant In answer to your question, my charts do predict that the dow has embarked on a bull market and as I don't trade on the short time frames the dirction cannot change in an instant. Instead the wave counts are revised, as in my post of last week, but the dirction usually remains broadly...

60 min chart update. As usual I like to confirm my wave counts by looking at the 60 min chart - see attached. As you can see the wave iv was a fairly standard double zigzag connected by an x wave. I think subwave iii of wave v has now started and this itself will be constructed of 5...

Thanks Grant, i did ok with my putt - originally went for a target of 13800 but the momentum was such that I held it until the price hit the 0.50 fib (around 13600 mark) which it did last friday. I took my profit at this point, although the price then went down a further 200 points....! Do you...

By way of an up date... As you can see on the attached chart my original wave count has remained valid despite the big selloff that occured at the back end of last week. Therefore, the large triangle wave count on my previous post can be forgotten.....for now!! I think that the wave iv has now...

If the price ventures further down to say the 13200 mark then I agree that it is likely that another wave count may now be in force – see the attached chart. However at the current level (around 13474 at the time of writing) the original wave count still remains valid. Either way, the dow is...

Just an update on the daily chart. My target of 13800 was hit during yesterday’s session, however I don’t think the wave iv has yet completed. As you can see on the attached chart it is around the 0.382 fib mark, however I can see the dow taking a small rise to the upside – probably today...

fingers crossed the price will touch 13800 in the next couple of days as i'd ideally like to exercise my option and get out of the position and get ready for wave v Kelly

Yes wave 4 is the most difficult to fathom in my experience too, although the dow seems to be playing ball at the moment - hope i haven't spoke too soon! I would be looking for the price to head down towards 13800 mark (possibly lower - but there is local resistance in that neck of the woods)...

As an update it looks like we can confirm that wave iv is now underway and will complete within the next few days – so far this morning (afternoon here in the uk) the dow has opening and is heading in the right direction. I have updated the chart to show how I believe the wave count is...