Now, on 3rd of 3rd wave of the larger [v], breaking out minor tops, before powering to the upside, target 1.4660 & longer term 1.5002. image url When some pro. trader called it Trade of the Week? I'll take notice : url

EUR/AUD

Looking for a medium term long from 123.60 towards 126.23, before setting up for the long term short. image

USD/JPY Discussion

Buying on the dip (a bottom of minor orange correction ii, before it resume uptrend). In fact it's poised for a powerful upward 3rd of the 3rd wave towards the target 1.6182 x wave (i) @ 1.4660. image

EUR/AUD

U are correct that wave c ( a 5 waves impulse of the 3-3-5 correction iv ) is done. Looking at the larger orange wave (c) - wave ii alternates with wave iv in complexity. ' Alternation between wave ii & iv ' is one of basic guidelines that most ...

Cable Update (GBPUSD)

Volatility is so high - just blink and it's ready to go the other way. EURGBP could well have completed correction [ii] and ready to resume downtrend on a wave [iii] of v. image

EUR/GBP - What a great pair to trade!

GBPUSD turning back on retracement path towards 1.5990 in completing correction (4) image

Cable Update (GBPUSD)

Well Done! to whoever that trader is at Morgan Stanley, spot on buying EURAUD @ 1.4225

EUR/AUD

Price alert on present advance from 14th April low as 'near' completion, thus completing a 4 mths correction [iv]. Looking for setup with downside potential as this pair begins resuming downtrend. image

EUR/JPY

Morgan Stanley Trade of the Week: Buy EUR/AUD url SL looks too wide, could be set at invalidation @ 1.4088.

EUR/AUD

A closer look at minor wave counts in 15 min. chart - setting up short at 95.447 with SL 95.766 image

AUD/JPY

Downside potential of AJ. image Citi trade of the week: Sell AUD/JPY, at : url

AUD/JPY

Very likely present price action is still in middle of complex wave b, being part of a 3-3-5 waves correction (4). image

Neely's NeoWave on €$, DXY, DAX & Bund: analysis & trades

Very interesting article, may I ask the reference or where can u find this ?

Neely's NeoWave on €$, DXY, DAX & Bund: analysis & trades

Yes, u could be right about gapping down before popping up, that's why I meant 'setting up' for reversal and not picking a bottom here - by counting the minor waves in the 1 minute chart and using proper position size, entry method & SL; instead of ...

AUD/USD

Depends on which time frame one is trading, there's still twist and turn before a major top is formed. image

USD/JPY Discussion

Setting up for a retracement in completing Wave (c) of correction [iv]. image

AUD/USD

Have thought about the sloping TL. On daily chart, it's more like a connecting line of the x wave in the middle of the complex correction b, not as important. While correction b terminated at the bottom and now broken out on an upward 5 wave impulse ...

EUR/AUD

Hi Olu, much prefer your 1st option for the downside potential with stop. Reason as: url

Trading For Those With a 9-5 Job

Recent PA of USDCAD is developing an ending diagonal (c) wave down, with blue (iv) overlapping (ii). Together with the requirement of the 5th wave extension presence in wave , ref. MEW p.10-10, - could see USDCAD retrace eventually to 1.1280 level ...

Neely's NeoWave on €$, DXY, DAX & Bund: analysis & trades

Yes, there's so much to know about trading - and I'm still learning.

EUR/AUD