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  1. JahDave

    Elliott Wave Simple

    Here is My longer term Aussie update from my daily charts. I have it labeled in a very large ABC correction. If I am correct then this means that the Aussie will make new highs against the USD at some point in time. But this point in time may be some years away because it appears that the "C"...
  2. JahDave

    Elliott Wave Simple

    The bottom line is that the Euro is going down hard.................
  3. JahDave

    Elliott Wave Simple

    The most basic form of Elliott Wave Theory is this........................If a move down is strong then that is the trend,,,,,,,,,,,,,and after five waves down then expect a 3 wave move back up....................This premise is very simple and can apply to almost any trading...
  4. JahDave

    Elliott Wave Theory

    I beg to differ Friend.........Elliott Wave Theory is manifested in nature itself.................Even Ralph Nelson Elliott said that this theory is grounded in the Fibbonacci sequence. Human behavior is predictable and therefore is repedative..................The markets may not be...
  5. JahDave

    Elliott Wave Simple

    Here is my first post here with the EUR_USD on several time frames.............The hourly Euro/US Dollar looks very weak and the Euro_USD looks even weeker....................I would say that the odds are high that the USD will be gaining strength this week. Attached are a few charts...
  6. JahDave

    Elliott Wave Simple

    I will also start at the beginning by saying that noone can use Elliott Wave Theory as a trading system................... It is very good as a long term indicator, and if you get very proficient at it then you can use it on the 1 and 5 minute charts accurately.............If you just gain a...
  7. JahDave

    Elliott Wave Simple

    I am starting this thread to show how simple Elliott Wave Theory can be.... Most people say that it is too complicated to use, and I disagree with that..........I will start by showing some labeled charts with an explanation....................I live in the U.S. and work for myself, so my time...
  8. JahDave

    Some of my forecasts

    I was talking about Paul's post on the Euro/USD.................I have never even looked at the Nifty, but it probably tracks the USD to some degree.........I will check into it..............
  9. JahDave

    Some of my forecasts

    Re: Here comes JahDave Paul, I am truly humbled that you would give me all of these props. I don't think I deserve them, because you are the best analyst and trader that I know. I will try to live up to the hype that you brought, but I may fall short.............Anyway,,,,,,,,I will try...
  10. JahDave

    Some of my forecasts

    I think that this is going down on the very short term and then going up on the medium term Paul............ regards, JahDave