gggrrrrr...... exited too early. waiting for a retrace to 238.75 EG

Elliott Wave Counting with EG

exited and waiting for new re entry level. EG

Elliott Wave Counting with EG

An Oscillator woud do.. like RSI, Stochastics, Momentum EG

Elliott Wave Counting with EG

I agree with you. Choose and Trade 1 pair. Master it before one should even try another pair to trade. EG

Money Management

I am sorry noble. I have mainly focused on GBPJPY which I do Micro EW count on till the 1 min chart. I have not done a very extensive count on GBPUSD and USDJPY. So it would not be fair to you for me to come up with an analysis at once. I would ...

Elliott Wave Counting with EG

Looks like our charts will come thru for us. Asian Time: Friday Plunge happened and by Friday night it recovered towards Monday or your Sunday Open. Asian Monday saw a slight move up during the opening but saw GBPJPY falling for teh rest of the day ...

Elliott Wave Counting with EG

3 Long Trades now: Point of entry for Long trades are ( forward Trade which is 98 pips less than what you have on your MT4 Platforms ): 238.58 237.70 exited for 16 pips net of 18 pip spread 237.88 237.87 EG

Elliott Wave Counting with EG

For as long as it does not go lower than 238.39, next target is wave 33 Yellow @ 242.61. EG

Elliott Wave Counting with EG

Price Action

Elliott Wave Counting with EG

retrace to 238.53 possibly prior to p[roceeding towards 240. EG

Elliott Wave Counting with EG

there are 2 possible scenarios here. 1. Because we are supposed to be in a wave 4 which normally is a complex or a sideways moving wave as in expanding, then it is likely that price will range till tomorrow ( 239.54 - 238.42 ). 2. Alternatively, we ...

Elliott Wave Counting with EG

exited all 3 short trades I had for a total of 104 pip loss. I entered them prior to my coming up with the charts. also exited much earlier a Long trade for a loss of 50 pips. all are inclusive of the 18 pip spread per trade. I had to cut my losses ...

Elliott Wave Counting with EG

who's watching the 15 min charts now? could finish the wave a down of the wave 4 down very soon. then expect a wave b up then a wave c down to finish wave 4 then off and up we go for the next wave 5 target . EG

Elliott Wave Counting with EG

Very few would dare to provide their views on this. I am looking for traders working on Gann Theories and I am wondering what they have in Mind. I do not know much or or almost anything about economies , stocks, bonds futures commodities, currencies ...

GBPJPY - Race to 219 or to 251

239.31 has been breached. So now on to the wave 4 retracement of wave 3 down to 238.89 @ 38.2% EG

Elliott Wave Counting with EG

Sorry I did not see this earlier. What do you mean by "IS there a way you can still"? EG

Elliott Wave Counting with EG

Potential Trade Set-ups — 1. Long and TP @ 239.75 2. Short from 239.75 and TP @ 238.76 which is 38.2% retracement or you can go for the 50% retrace. However, it is more advisable not to take this wave 4 counter trade. but to wait till it dips ...

Elliott Wave Counting with EG

While waiting for this wave 5 on the 15min chart to play out, I tried coming up with a Price Route up to the Daily. This somehow lines up with my projections from the monthly chart. As to how long it is expected to play out IF EVER IT DOES..... we ...

Elliott Wave Counting with EG

Must not breach 239.31 to be a valid wave 4. Then it goes up to 239.75 before coming down for the Wave 4 in the 1 hour chart. Check your charts how price bounced off that breaching limit so as not to invalidate the wave count. EG

Elliott Wave Counting with EG

I find this Interesting — Exploring Elliott Waves Further and Tracking Price Probable Routes. I hope to get back to this next week or by the end of this week and see how price actually turns out with its route. EG

Elliott Wave Counting with EG