- Search Energy EXCH
- el grande replied Nov 8, 2007
Check my count. It just might work out as such. EG

Elliott Wave Counting with EG
- el grande replied Nov 8, 2007
bad bad bad.... I entered 2 scalps for this wave down. entered 1 @ FE 100.0 and another near FE 161.8 at the level I initially thought was the limit up for B. Then when it kept going up. I was also looking at anoyher platform from a bifferent broker ...
Elliott Wave Counting with EG
- el grande replied Nov 8, 2007
maximum retrace for B otherwise, wrong count so exit if trading it . or not enter short before that level. EG

Elliott Wave Counting with EG
- el grande replied Nov 8, 2007
up to finish b. possible attempt to reach 200ema on 15min chart then down to finish c and start with 335333 small CORAL. EG

Elliott Wave Counting with EG
- el grande replied Nov 8, 2007
Wave structure on the 5 min chart shows 5 part structure. However, the possible w4 overlaps with wave 1. BUt note also that it was bouncing on the weekly 5sma. This may not be enogh support to hold the pair from still going down to the Daily Pivot. ...
Elliott Wave Counting with EG
- el grande replied Nov 8, 2007
Anybody on DEMO and trading GBPJPY..... You still have a chance to try out the wave count on your DEMO account. If you have SHORTS, Unload or reduce exposure. at or near the Daily Pivot at 236.83. better @ 237 then Load up your LONG Trades or hedge ...
Elliott Wave Counting with EG
- el grande replied Nov 8, 2007
new track Must decisively wait for the 78.6% retrace. 61.8% may be too early for this pair which has been observed to do up to 85% retrace. EG

Elliott Wave Counting with EG
- el grande replied Nov 8, 2007
Thank you all for your charts. I am more inclined to lean on a Bullish trend for today. Agreeing with FxMt's Chart... Attached chart is a 5min GBPJPY where an obvious 5 wave structure is seen going up. I have not yet checked how this fits in the ...
Elliott Wave Counting with EG
- el grande replied Nov 7, 2007
Thank you Todd for your Analysis. I was too engrossed with my wave counts that I failed to really look at how others including your's, Pips4life's and Carman's charts and analysis. EG

Elliott Wave Counting with EG
- el grande replied Nov 7, 2007
Whew. Boy am I glad I closed those trades last night.
and increased my SL on the remaining one before I went to bed. That was a huge drawdownlike doubled while I was sleeping
. Anyway, since I am still learning this EW, it is thus best to ...Elliott Wave Counting with EG
- el grande replied Nov 7, 2007
Charvo, I know gene22 and I got out on the wrong foot together earlier. But he has proven he was right. He has made me realize he was in a better direction than I was in. Yes he has provided a number of information leading to what GBPJPY price is in ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- el grande replied Nov 7, 2007
Hi Jdsfx. image G/J 4hr Well here we are again at the trendline down from the 251 high. I can see potential today to the monthly pivot around 237. If that breaks then maybe 50% line of the 251 down move will come back to haunt us (235.25). The ...
CHART Reading for serious traders
- el grande replied Nov 7, 2007
back to the board. Here is my current proposed count after that large retracement. The required complex sideways expanding wave finally played out. It was not a corrective flat nor an irregular/expanding flat. But it was a Zigzag connected by an X ...
Elliott Wave Counting with EG
- el grande replied Nov 7, 2007
Let us test n demo trade the 1. 50% - 61.8 ( prev sub wave 4 ) retrace as sub wave 1 2. Pull back/down as Wave 2 ( 78.6% - 85% ) 3. Beginning os sub wave 3 at sub wave 2 end Or maybe observe this.... EG

Elliott Wave Counting with EG
- el grande replied Nov 7, 2007
sorry to hear about that. am still in. SL @ 300 per trade. Current wave development. EG

Elliott Wave Counting with EG
- el grande replied Nov 7, 2007
missed to close 1 long for -1 pip net. hesitated to pull trigger Now I will probably have to ride this out till 237 MT4 at he daily S2 and the Monthly Pivot.
Elliott Wave Counting with EG
- el grande replied Nov 7, 2007
Good for you Carman. I am still nursing 3 red long trades. although the last I enterd is slowly getting near the surface....
That is what I get for breaking my own rules. EG
PS. Let us see if we get our sub wave 1 at the level of previous sub ...Elliott Wave Counting with EG