Price bounced off the 15m 100SMA Bounced back above Ichimoku Cloud of 15m chart Price staying on the upward Pitchfork. Boxed areas are new TP Levels expected towards the Weekly R2 of 239.03 or higher. Note that TP for this upward move are the 61.8, ...

Elliott Wave Counting with EG

Favoring a Downward move for a bigger wave 2 down and a possible Bullish Gartley Set up. Note too the Ichimoku cloud thinning on the 15min chart. 235.85 is also very near the following: 235.94 Murrey MaTh Major Support and Resistance Level on the 15 ...

Elliott Wave Counting with EG

need to get out of this upward channel. If price gets back into the downward green pitchfork then magenta boxes will be my targets But if price continues to climb and gets past the median line of the upward Pitchfork, then my new Targets will be ...

Elliott Wave Counting with EG

exited 2 long trades live for a total of 185 pips NET (spread paid) earned while I left my computer for 9 hours. came back yestrday intime to grab majority of the pips earned while I was out. 65% came from the 2nd trade I made after price retraced ...

Elliott Wave Counting with EG

My reply in Blue inserted in your comments. I am very grateful that you have been very extensive in discussing with me your counts and your comments re my counts. It only shows that you have taken time to really look into this. Now I realize why I ...

Elliott Wave Counting with EG

went long @ 236.20 and @ 236.00 then letting it run till end of wave 35 @ range of FE 176.4 to 200.0 @ 237.45 to 237.99 exited Long trade from 236.20 for a net of 18 pips = to spread I paid. I was still bent on trying to make the most out of the ...

Elliott Wave Counting with EG

tracking the route

Elliott Wave Counting with EG

yes it is the 1 minute chart. Trading based on the 1 min chart could be dangerous. But because big waves are made up of smaller waves and they all follow the same rules, I think it is ok to do so. But it can be vary challenging as you get to see ...

Elliott Wave Counting with EG

expanded flat or irregular flat may be developing after all. My bad. I have to learn to spot wave size proportion. So it can still go up to 236.98 and then come down to 235.46 EG

Elliott Wave Counting with EG

get ready

Elliott Wave Counting with EG

getting ready to enter my Long Trade. 1st entry @ 235.71 . This couild just be a wave 3 so a retrace going up is possible before going back down towards 235.46 for possible wave 5 end of this wave c down. SL set at 235.34 which is 1 pip lower than ...

Elliott Wave Counting with EG

ok. noted your point. Then here is where we have our count differences. Just hold on to your count. You could be right on this one. Thank you for providing your charts here. EG

Elliott Wave Counting with EG

labelling waves expected to be expanding replacing or adding chart to show current development ****update. looks like developing into a flat instead of an irregular flat or expanding flat. EG

Elliott Wave Counting with EG

Hona.... I initially thought about playing out a triangle in wave 2. However, Triangles are rarely seen in wave 2 and besides A C and E did not line up properly. So I opted for a complex wave . EG

Elliott Wave Counting with EG

adjusted percentage

Elliott Wave Counting with EG

Proposed direction / route of GBPJPY. So expecting GBPJPY to get to 235.51 then from there continue its move going North toward 238.00 EG

Elliott Wave Counting with EG

Hey I do not think your wave 3 red is valid because your wave 4 will definitely land in wave 2 terrritory. May I ask what your basis is for using WXY? EG

Elliott Wave Counting with EG

Getting sleepy now. exited trade from 236.0 for a 19 pip gain after paying 18 pip spread. Not that bad for less than an hour's work. Not a very good R/R ratio but none the less a Gain. But leaving the other trade running. EG above trades are on ...

Elliott Wave Counting with EG

went long @ 236.20 and @ 236.00 then letting it run till end of wave 35 @ range of FE 176.4 to 200.0 @ 237.45 to 237.99 EG

Elliott Wave Counting with EG

My limit of 235.85 to maintain a bearish bias in the long term has been invalidated with the attainment of 236.76. I can not have a 1234 count now from the high of 240.66 which initially was my end of wave c equivalent to Point 0 of wave 1 down for ...

Elliott Wave Counting with EG