Update here: url

Elliott wave outlook

Eur/Usd: The Interim Target was reached perfectly. While it is difficult to conclude at this stage where the current down-trend shall complete it is reasonable to consider the following: c = a @ approx. 1.2800 61.8% @ approx 1.2700 Wave structure ...

FM's Magic Formula Journal

Market gap (Cyprus). Updated Chart here: url

Elliott wave outlook

Eur/Usd: The Effect of the Changes within Cyprus have caused the market to react during Close. My Charts do not as yet show the Gap down but I prepare in advance by amending the Count to reflect this as shown below. 1.2881 shall continue to be an ...

FM's Magic Formula Journal

My view is here: url

Elliott wave outlook

Eur/Usd: It appears that the Count on the Corrective Sequence was probably correct, and as determined by the apparent Impulsive Move from the predicted end. Price is currently challenging the 23% Fibo Level and the current velocity suggests that it ...

FM's Magic Formula Journal

Eur/Usd: Reverting back to my view on Wednesday March 6.. I suppose that the present move down shall terminate somewhere close to 1.2885 Eur/Usd 3 Hr Chart:

FM's Magic Formula Journal

I'm cross-fading Long positions in now.... perfectly hedged at present with tight stops on my shorts

Elliott wave outlook

Next Stop @ 1.2911 I suppose... 5m Chart:

Elliott wave outlook

Hi John, From, the Low 1.01 Low ( as predicted ), I see from that a 3 wave move up which shall precede a 5 wave move down. This requires confirmation and given that the 3 wave sequence looks almost complete then it should confirm or fail before ...

AUD/USD - is it still risk adverse?

I have the same count.... it looks so simple this way.

Elliott wave outlook

Perhaps here: 10m Chart

Elliott wave outlook

1.2885 is the 50% Fibo level from the July 2012 low. If it breaks that then I shall await establishing a Long Position. I have stops in my shorts and +1 and a bit pips each and will allow my Splendid RSI's to show me when and where. EU3Hr:

Elliott wave outlook

Perhaps... EU 5m Chart

Elliott wave outlook

I dont know about the Count Venzen, but my RSI on 3 Hr is looking "RIPE" for a short....

Elliott wave outlook

Beautiful Count ! Your [e] .... does this assume a triangle from the Low at 1.2038 ? Aha.... I found Your Weekly Count now and see what that is.... Thank You for sharing.

Elliott wave outlook

Between here and 1.2885 I suppose...

Elliott wave outlook

Hi CG & Thank You! I saw the EG post and thought You had mis-spelled EU Just goes to show how long it is since that one came off my radar

Elliott wave outlook

Appears that we may be in iii of 3 of 5 for Eur/Usd. I had a short that I closed at 1.3005 and figured I would re-enter in wave 2.... but at 1.3013 I re-chose to re-enter there, and what an entry indeed !!

Elliott wave outlook

Maybe.... but wave 3 looks about to complete with a new low if You ask me.

Elliott wave outlook