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

Wednesday, November 24, 2010

1-2 1-2 or some kind of triangle? Don't think the blue count will prevail


The only way the blue count could prevail is that this move down was a A of some kind of triangle to complete the iv wave. I don't buy it.


For now i'll keep the II wave as a running flat.

Good Luck


PS: just want to say god bye to an "old" friend that left us. Rest in peace my good friend Joaquim Magalhães. You will allways be in the heart of those who had the pleasure to met you

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