Euro update!

I will be away from my computers for the next several hours but thought I'd update the Euro before I leave. Yesterdays topping action was predicted but now it comes down to how deep this will retrace. Putting the count aside this is the present Fibonacci projection that the Euro is bouncing off of. Hopefully things will clarify very soon. As stated, over the last week or so all markets achieved important levels and timing so now we need to let things clarify a little and get rid of all the noise the news is introducing! :)

E-Mini Crude Futures Update #2

Here are the first 3 waves down.. which corresponded to a 1.618 extention on the hourly bars.. that was a nice and quick trade.. I'm beat so closed it out and heading to bed.. could it go further?  I think so.. but no need to be greedy.. hope those who trade crude were able to capatilize on it!

Best wishes.. Tony

Euro update

Looks like the Euro may have nearly completed or completed its first move up! One more pop above todays high could seal the deal and make it ready for a corrective waves. Basically it's time to tighten stops on longs!

E-Mini Crude Futures Update

Still waiting ... ending diagnol now.. LOL.. just for clarity I do not plan on holding this short for long if the opprotunity does present itself.. looking for a quick pop (3 waves down in Elliot Wave Terms) and I'll be out waiting to get up long.. most likley will be a long option strategy in the August contact.. although I plan to short the April contract..

Patience Patience Patience.. it's like that old song .. "something's gotta give something's gotta give something's gotta give!" :-)

--Tony

E-Mini Crude Futures TIME Aspects

Also worthy of noting are the time factors of the moves --

A:C = C:E x 3/2 -- (Major Fifth)
A:C = C:D  -- 1:1 Unison (or Octave)

This is in the crude chart I just posted of the "leading diagnoal" in the QMJ11..