USD Index Week Ending 6th Feb, 2010
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Exceptional analysis Lara! Will the "3" underway now create its own channel (steeper) than the one shown?
Other viewers - please post a link of this video on blogs you participate on. She really knows what she is doing.
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Hi Lara,a female Elliottician.that's quite exciting! thanks for your work.I believe the DX is forming an Ending DIagonal on the H4 chart...keep up the great work. :)
Mike3gdc 1 year ago
@Mike3gdc It seems women are a minority amongst forex traders and Ellioticians. I have some theories as to why this may be... Of all my members to my site only 4% are women. I had an old guy once tell me it's because women are less logical.
I'd better stop being so darn logical and mathematical then! ;-)
forexinfousa 1 year ago
Thank you for the kind words!
Yes, wave 3 will create it's own steep channel, and in next vid as wave 3 unfolds I'll use that to help see when wave 3 is ending.
Too early yet to use Elliott's channeling technique, but a couple of Jeffrey Kennedy's like this one I've used here can be used prior to wave 3 ending to see when wave 4 starts and ends.
forexinfousa 2 years ago