EUR/USD ALTERNATIVE
Thursday, December 10, 2009
For now i don't like the action in this possible II, so i present you with my alternative count.
Good luck
EDIT: Alert of a possible "diamond" in SPX. Still not confirmed
SPX intraday update (Part 1)
My primary count says wave ii of C finished yesterday.
EDIT: Another alternative count to keep in mind.
SPX Daily Update
Wednesday, December 9, 2009
Hi again.
To minimize my work I had the idea of only changing yesterdays background picture with todays one. Just check it :)
And the market dropped today. I fell the correction coming to an end as we almost hit 61,8 level. My count is saying that we could still spike down to complete 5th wave.
Best to your trading.
PH
SPX Daily Update
Hello folks, PH here.
I think the market is still correcting down from recent upside movement.
A price between 1087 and 1095 is, in my opinion, a sweet spot to start taking long positions again (somewhere between a new low and 61,8% level), with a tight stop.
Just don't fight the market and don't try to pick tops.
Best to your trading
PH
EUR/USD UPDATE
Monday, December 7, 2009
That move down was what i expect if in fact we had the truncation at 1.51417.
Now i expect some kind of abc to finish 2ยบ wave.
Good Weekend
Saturday, December 5, 2009
During this weekend I will do thirteen years since I have a relationship with my lovely wife!!! She's the love of my life and I will take this opportunity to go out until wendnesday. During these days PH will do the respective updates. Best weekend for all!!
P.S. My last count and some alternative options are the same as the last update. You can see this count here.
P.S. My last count and some alternative options are the same as the last update. You can see this count here.
Before I leave I want dedicate this poem to my precious wife :).
"Love used to be at the back of my mind.
Dead and lifeless like the sun with no shine.
Then you came along and showed me love is beautiful.
You brought me to life, so strong and spiritual.
The day that I saw you, my heart melted.
It was true love, because I felt it.
You changed my life in so many ways.
Some of them I can't even explain.
When I think of you, the world just leaves.
From my mind and from my dreams.
I see someone that is caring and full of heart.
Someone daring, someone special, someone to share my heart.
I made this poem only for you.
To think of me when you're feeling blue.
I Love You!"
Read more...
Dead and lifeless like the sun with no shine.
Then you came along and showed me love is beautiful.
You brought me to life, so strong and spiritual.
The day that I saw you, my heart melted.
It was true love, because I felt it.
You changed my life in so many ways.
Some of them I can't even explain.
When I think of you, the world just leaves.
From my mind and from my dreams.
I see someone that is caring and full of heart.
Someone daring, someone special, someone to share my heart.
I made this poem only for you.
To think of me when you're feeling blue.
I Love You!"
SPX daily update (Part 1)
Some trendlines that I will follow.Some options to keep in mind:
a) Irregular abc at wave ii of C;
b) Triangle at wave ii of C;
c) Bearish wedge at wave C.
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