Elliott Wave Leaderboard

Thursday, February 23, 2012

Euro Dollar Rallies Hard, Buy the Dip?

UPDATE: 3:19p.m.
This is a textbook case of an Elliott Wave trade setup coming to fruition!

I'm Short Term Bullish... LOOK at the Chart!
I am just amazed every time the Elliott Wave Principle works to the tee especially in a real time situation like this chart I composed Today. The Elliott Wave Principle must be added to your logical thought process of when to buy and sell stocks/commodities, and this chart further proves my point.
As I am writing this article at 12:45, I can see the EUR/USD breaking to the upside. Elliott Wave International just came out with their commentary regarding the upside to the Euro, you may read it right here.

Elliott Wave International is also hosting a FREE Forex Insight Trial period for their CLUB EWI members. All one has to do is click on the links (any of them) on the page, then input their email and create a password. This will gain one access to the FREE Forex Insight with daily updates to most currency pairs! I gained this short term Euro/Dollar idea from the same FREE Forex Insight I am writing about. It is truly a wonderfully FREE gift of market intelligence.

Click on ANY of the links for Elliott Wave International, get the FREE Club EWI account, and start redefining the way you think about trading and investing in stocks, commodities, and foreign exchange. Robert Prechter and the whole team at Elliott Wave International are expert market forecasters. You need to see why the Elliott Wave Principle is necessary for your finances; learn to think and act against the crowd... with The Elliott Wave Principle.

Here is another article that will stimulate the contrarian in you....The Top 10 Market Myths Expose.


  1. Based on any economic data can anyone give me an answer as to when this may occur?

  2. The euro is strong but unstable at the moment. If the euro fails then there will be a lot of people, mainly companies, that are under contracts specifying the euro as payment that will get screwed. Not to mention Germany wants out of the,, euro, and everyones tired of Greece.