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- el grande replied Sep 21, 2007
GBPJPY Wave 4 retrace at either of the following levels. 38.2% 232.03 50% 231.73 Before if goes up again Stochastics should support this EG

Elliott Wave Counting with EG
- el grande replied Sep 21, 2007
Okay I am back. Your count is highly possible if I base it on a 4 hour chart. With that, we should be on a wave 4 correction right now which is expected to be a sideways movement as wave 2 was a zigzag. Ifthis was correct count , then Wave 5 ...
Elliott Wave Counting with EG
- el grande replied Sep 21, 2007
I counted 5 waves already and it was at the FE 216.8% Extention. and it was near the min 61.8% C relation to A. But my SL is at 300 pips. EG
Just giving it some room to go up some more just in case. I am leaving now so can,t watch my trade any ...Elliott Wave Counting with EG
- el grande replied Sep 21, 2007
GBPJPY Took the Short Trade @ 232.00. Happy Harvest Everyone EG

Elliott Wave Counting with EG
- el grande replied Sep 21, 2007
GBPJPY Watch out for 232.27. If it breaks that , then we go higher to 233. But 232.27 is in th erange for 2 FIB Extention Projections. EG

Elliott Wave Counting with EG
- el grande replied Sep 21, 2007
GBPJPY Now we are moving... UP Fbib Projections for the end of Wave C UP though may not reach even 61.8% at 233.17. Currently I am looking at the range of 232.04 to 232.39 as end to ths 5 part impulse wave C. Based on 1hr or 15m chart. Looks like ...
Elliott Wave Counting with EG
- el grande replied Sep 20, 2007
Hi Adrian. What Timeframe are you looking at? EG

Elliott Wave Counting with EG
- el grande replied Sep 20, 2007
GBPJPY — now that I am looking for the Bearish Projection, since I am looking at end of a 532 wave ( meaning wave 2 inside a bigger wave 3 which is part of a much bigger wave 5 - so don't get lost ) maximum retracement up to finish this wave ...
Elliott Wave Counting with EG
- el grande replied Sep 20, 2007
continue.... I will settle for a 233.17 minimum target which is 61.8% of A. Going for 100% at 235.47 will invalidate my wave 52 count. as it will be greater than the 234.76 level it is on. But you can watch for a 5 part impulse wave on this C wave ...
Elliott Wave Counting with EG
- el grande replied Sep 20, 2007
GBPJPY — GBPJPY For today, you can trade with me or against my trades
check your 4 hour chart, 0 = Low of 228.20 1 = High of 234.22 2 = 229.45 So let us maintain our Bearish Stance and hopefully this time I get this right in my trades. ...Elliott Wave Counting with EG
- el grande replied Sep 20, 2007
Yes. that was not met. But checking it out with FIBS, C relationship with A could be any of the following . Although , often we look for a C=A 61.8% of A 100% of A 161.8% of A and this one met 61.8% of A before proceeding down wards and actually ...
Elliott Wave Counting with EG
- el grande replied Sep 20, 2007
Still Holding on to my Long Trades on GBPJPY. Looking forward for the C=A to be met at 232.72 By then I will close my original Long from early this morning for a part Loss while the current Long I made this pm should offset part of that Loss. From ...
Elliott Wave Counting with EG
- el grande replied Sep 20, 2007
UPDATE GBPJPY Count on the 15 minute chart got invalidated by supposed wave 4 in this TF overlapping with wave 1. EG
Elliott Wave Counting with EG
- el grande replied Sep 20, 2007
GBPJPY After the British Retail Sales Figures, this pair shot UP. Right now I would liketo keep my Bearish Stance. Check your 15m chart. This could be the wave 4 UP which based on a Point Zero in 9-18-07 Highest. Downwards you will count 123 and ...
Elliott Wave Counting with EG
- el grande replied Sep 19, 2007
Thanks al yaqen for providing your GBPJPY Charts here. We may not have the same counts , but it is good to be able to present EW Counts from various perspectives. Based on my count from Daily to lower TFs, GBPJPY to me still could be either Bearish ...
Elliott Wave Counting with EG
- el grande replied Sep 18, 2007
GBPUSD Looks like the Wave 2 UP is working out. With the interest rate news this morning, this sure played out well with my count. But quite disappointing is my GBPJPY count. I sure took a hit on this one. I was doing well till yesterday's asian ...
Elliott Wave Counting with EG
- el grande replied Sep 17, 2007
GBPJPY C3 Projections — GBPJPY C2 234.76 C31 231.01 C32 233.28 FE 161.8 227.21 minimum for C33 FE 200.0 225.78 FE 261.8 223.46 minimum for C35 FE 300.0 222.03 I would not worry so much about the C34 retracement as this is in a wave 3 so I ...
Elliott Wave Counting with EG
- el grande replied Sep 17, 2007
Previous swing of same sub wave degree @ 1.9959 Has been surpassed at 1.9914. Note that after using the FIB Extention tool to project the Wave 3 and Wave 5, It would seem that we have finished that 5 wave impulse movement beyond the FE 300.00 mark ...
Elliott Wave Counting with EG
- el grande replied Sep 16, 2007
MP... There might be a mix up here on the Cable. My chart shows that for the Corrective wave 4 down, this is a Possible Big ABC where A is from 2.0652 down to 1.9651 on my chart. Then he had the B going up in 3 small waves which I think ended at ...
Elliott Wave Counting with EG