What Does a Fractal Look Like?

What Does a Fractal Look Like? And What Does It Have to Do with the Stock Market? By Elliott Wave International Although Ralph N. Elliott came to his conclusions 50 years before the new science of fractals blossomed, he took a step that current observers of natural processes have yet to take. He explained not only that the progress of the market was fractal in nature but discovered and described the component patterns. Find out more about the stock market and fractals in this excerpt. Read more.

EUR/USD

Thursday, January 21, 2010



well, the price movement make me change my primary option to the green one. As i see it we still are in primary one.

If the price turns here (red/blue count) primary I/A is done and we head for a 50% retracement.

But the paralel channel and the news that came from euro zone (Greece, Ireland, Italy, Spain and ... Portugal) make me prefer the green count

PS: as i'm short in time, maybe i made some big mistakes in my count, if so please let me know

Good luck

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