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- el grande replied Feb 21, 2008
GBPUSD — 61.8% retrace on the 4hr chart is @ 1.9484 70.7% @ 1.9456 Stochastics on 4hr chart is about ready to cross its signals and come down. Looks good to me fxdoc. Welcome to the thread. EG
update: sorry about that. I edited above post as ...Elliott Wave Counting with EG
- el grande replied Feb 21, 2008
Every trader must be responsible for each trade he makes. Never follow anybody elses trade direction blindly. If you trade based on another's analysis without it confirming your own analysis then you should not be trading with real money. But even ...
Breeze....Update on GBP/JPY
- el grande replied Feb 20, 2008
EURJPY — Hi money.. GBPJPY has formed a bigger Zigzag by turning @ 158 and going down again @ 158.75. To me this needs a 5 wave move for C to finish so I would most likely wait till it comes down to 157.5. Will be watching for a 5 wave impulse ...
Elliott Wave Counting with EG
- el grande replied Feb 19, 2008
Hey Adrian... did you attach a chart here? or is my pc playing tricks on me? EG

Elliott Wave Counting with EG
- el grande replied Feb 19, 2008
GBPJPY — GBPJPY Weekly chart - move from 241.35 is now in 3 waves down to 204.60 - using the FIB Extention tool as a guide there is still a potential for GBPJPY to come down in the long term for the final wave 5 of what I believe could ...
Elliott Wave Counting with EG
- el grande replied Feb 19, 2008
EURJPY — EURJPY Weekly chart potentials - could have finished a 333 running FLAT and now in a wave 3 UP OR - there is also a potential for a 33333 Symmetrical Triangle although Leg "B" is around 90% of "A". But "C" is around 88% of "B" so it ...
Elliott Wave Counting with EG
- el grande replied Feb 19, 2008
NP Breeze. I am still long with this pair till 210.70 or I might just bale out @ 210.30 where C=A is for a wave 2 up inside a wave 5 down in EW. Sorry Uncle about that EW. I have just been trying to understand how you trade and learn from you too. ...
Breeze....Update on GBP/JPY
- el grande replied Feb 19, 2008
60min chart — here you go.. hopefully you can still use this. EG

Breeze....Update on GBP/JPY
- el grande replied Feb 15, 2008
EURJPY — My Bad. please disregard the post I just deleted. Wave 2 was an Irregular FLAT on this EURJPY Chart. So we should be seeing a Zigzag or a Triangle wave 4 otherwise a nother complex corrective wave for wave 4. This could still be that ...
Elliott Wave Counting with EG
- el grande replied Feb 15, 2008
EURUSD — EW and the Wedge plus a complex WXY corrective wave on the EURUSD EG

Elliott Wave Counting with EG
- el grande replied Feb 15, 2008
EURJPY_most likely for me now — I have a bias for the following Count on the attached charts. These charts are dancing to the tune of the oscillators. EG

Elliott Wave Counting with EG
- el grande replied Feb 14, 2008
EURJPY — Bear I will have to apologize for a rather generalize view on the EURJPY early this morning. Attached is the EW chart for this pair as I see it now. You will note that most of the wave 2s have wave Bs that are longer than wave As. I ...
Elliott Wave Counting with EG
- el grande replied Feb 14, 2008
GBPJPY — Here is the short term set up of my GBPJPY. Looking at the FIB Extention Tool, we see that wave C Blue has exceeded the FE 161.8. So it is very likely that tjhis is not an ABC for a wave 4 but most probably a reversal in the short to ...
Elliott Wave Counting with EG
- el grande replied Feb 14, 2008
EURUSD Technicals — EURUSD on the otherhand has pierced through the weekly pivot today. I will need to see a daily candle open and close above these weekly pivot level @ 1.4603 to gain some bias for a Bullish stand on EURUSD. Currently, it has ...
Elliott Wave Counting with EG
- el grande replied Feb 14, 2008
Bear, I do not have an EURJPY wave count on my chart now. But I have been staring at my GBPJPY charts these past days. Looks like GBPJPY is heading up now. I could see a Potential Triangulated target of 230 area based on the Wedge system. Under EW ...
Elliott Wave Counting with EG
- el grande replied Feb 14, 2008
EURUSD Thoughts Part3 — ******** 3rd post Somehow, I missed the other potential wave count. I was so engrossed with the triangle wave count. I have been seeing forecasts which were supposed to be based on EW Count. However I could not see a ...
Elliott Wave Counting with EG
- el grande replied Feb 14, 2008
EURUSD Thoughts Part 2 — NextPost Let me break this down on a per wave or leg basis. Wave 4 was initially thought of to have a Zigzag structure because wave 2 was a complex sideways corrective wave. So that when price fell from 1.4966 into a 3 ...
Elliott Wave Counting with EG
- el grande replied Feb 14, 2008
EG Thoughts on EURUSD — EURUSD_021408 Last night I was looking at the EURUSD chart basically without the indicators. The charts I posted earlier in the day yesterday somehow bothered me. I know I admitted that the spike on that move to 1.4949 ...
Elliott Wave Counting with EG