EURUSD update — Price has gone down then up then down for this pair since I exited for 15pip profit. Right now it has climbed higher from where I exited for 15 pips to an additional 46 pips. What a big difference. If I were to maintain my wave ...

Elliott Wave Counting with EG

USDJPY — My EW Count for USDJPY. EG

Elliott Wave Counting with EG

Alternative Count for EURUSD — Here is a much simpler Alternative Count Note that this is on the 1 hour Chart. EG

Elliott Wave Counting with EG

I most likely need to correct myself and my chart on my EURUSD Analysis. I realized that I placed wave 2 to be a zigzag and wave 4 to be a Zigzag also which normally should not be the case. Checking wave 2 again, I think it cannot be a Zigzag but a ...

Elliott Wave Counting with EG

Here are my charts EG

Elliott Wave Counting with EG

Exited @ +15 around 1.4613. Price ahs gone up till 1.4615 as I type. Could still go up to 1.4638 to finish a subwave 4 up on the 15min chart before it plunges again to possibly 1.4529 EG whew now it is at 1.4623.... hhhhhmmmmmmmm tsk tsk tsk....

Elliott Wave Counting with EG

Good Morning Everyone.... Here is my take on the EURUSD. This is actually the Pair where I entered a Long trade during the last trading Hour of my Dec 31 2007 which I have carried thu to 2008. Entered at 1.4601 of which 1.4595 was supposed to be my ...

Elliott Wave Counting with EG

more scribbled charts.... Note that a throwunder for price to reach 221.95 or 221.69 is still possible to keep the 0123 Triangulation valid as well as the EW Counts. Using Pivots, I would say that the Weekly S2 @ 221.20 may also still hold as final ...

Elliott Wave Counting with EG

Dissecting the EW Labelling further using Channelling, it looks like the bottom after all has not been in place yet. And the 222.67 may still be inplay. I am currently out of any trade now and just waiting for what I think is the right time to enter ...

Elliott Wave Counting with EG

Sorry adji04. I have to be honest with you on this EURUSD. I just closed my short trades for EURUSD and GBPUSD this morning for some substantial loss. both these pairs are still supposed to come down for wave 2 but I decided to bite the bullet to ...

Elliott Wave Counting with EG

Looks like 223.25-28 is a likely target to enter the Long Trades for me. A few other systems have signalled 223.16 as potential bottom. So I am placing my Long Trades with validation from different systems I am experimenting on along side my EW ...

Elliott Wave Counting with EG

watch price action. what may have been end of sub wave 1 resulted in a Pin Bar. now watching potential support levels as possible turning point to end wave 2 down and proceed with what I think should be wave 3 UP. EG

Elliott Wave Counting with EG

I just closed my Initial Long trade for a small profit as price started coming down. I am looking at a 5 wave structure up as being finished for sub wave 1 and will be looking at 61.8-86.4% retracement for wave 2 before entering a new Long trade. ...

Elliott Wave Counting with EG

GBPJPY Update — GBPJPY Update Could this be the Reversal that I am looking for? Price has not touched the 222.67 level which I was looking for based on the trendline Support and the potential price action on the 0123 Triangulation. Looking at ...

Elliott Wave Counting with EG

Hi Dat7447... Your 222.83 falls near the 222.67 which I see as a possible bottom for GBPJPY current down move before it goes up again. to a projection of 234-236 using WW triangulation. May we know what your 61.8% fib level is at? 235.72 is FE 161.8 ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

It may seem like that vinesh2. But like Breeze, those who are holding Longs from the 228.50 area may still be able to trade like he does if one has enough funds to tolerate a drawdown to the 198.54 level. and knows how to hedge those trades like he ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

MM I checked your wave count on post 56614. That count is 1 of the possibilities if relating wave bottom to that Trendline on the Daily chart like the BLUE on my chart. Same as what you have on your chart. Your 123 is same as the mm1, mm2 and mm3 on ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Right MM. Price could still go either way. IMHO though, I have a bias for a Long term LongTrade for GBPJPY. However, I am not in a GBPJPY trade right now. But will wait till it reaches the range of 222.67 or a little over for a potential throwover ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

additional charts

Elliott Wave Counting with EG

Happy New Year and Let's ALL Rock and Party — Happy New Year Everyone!!!!! As we Meet the New Year...... Here are a bunch of Charts I have drawn for a Potential scenario in 2008 for GBPJPY. There will be some labellings for both ...

Elliott Wave Counting with EG