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skyhok replied Aug 15, 2014Looks like a diagonal with more upside movement on a daily time frame. image
USD/JPY Discussion
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skyhok replied Aug 15, 2014Thank you for your comment.
I usually enter trade a bit too early and got wipe out or sometimes too late, that's why I post and treasure every opinion I can get.NZD/USD
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skyhok replied Aug 14, 2014EURJPY has been in a 3-waves flat correction wave (a) since 27Dec2013 high, now finding target of completion slightly below wave a and in the area of 134.70. It's correlating with CHFJPY with similar PA and pattern. image
EUR/JPY
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skyhok replied Aug 14, 2014NZDUSD could be resuming down trend from 0.8508 to a potential of 0.8205 or more.
NZD/USD
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skyhok replied Aug 14, 2014A criteria for a flat correction : "Wave C should move slightly beyond the end of wave a and terminates, but not by more than 10 or 20%" MEW Neely That's Spot On! Now the advance to a potential of 1.1240. image
USD/CAD
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skyhok replied Aug 13, 2014Wave [iv] correction terminates near 1.0890 area before advance. image
USD/CAD
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skyhok replied Aug 11, 2014EURUSD is still in a correction wave iv, not going anywhere but sideways till next week. It's range trading time. image
EURUSD
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skyhok replied Aug 8, 2014An irregular flat correction is taking shape in GBPJPY, one of more definite wave count forming amongst JPY pairs. Present wave C looks impulsive moving towards the bottom of wave a. image
Elliott Wave Trading
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skyhok replied Aug 7, 2014I also have a half lot entry @ 0.8300 and another half buy stop when it breaks out top. Looking for an advance very soon with target clusters around 0.8820. One of those EW extended 5th wave. image
CAD/CHF
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skyhok replied Aug 7, 2014Since the 2 Jan 2014 top, USDJPY has been in correction most likely an (A)-(B)-(C) complex Flat Correction with present wave (B) advancing towards top of (A) or at least 104.50 before a major wave (C) down. image image image
USD/JPY Discussion
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skyhok replied Aug 7, 2014Short entry with top channel line limiting upside price action. image
EURUSD
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skyhok replied Aug 6, 2014Entry zone 102.27 ~ 102.20 set 2 days ago was correct. Thanks again to EW guideline that : corrections usually terminates in the travel of the minor wave ii of the extended 5th wave. image
USD/JPY Discussion
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skyhok replied Aug 6, 2014Minor wave count shows wave (C) of correction is complete at 102.23, thus reversing. Have your seen any aggressive buyers yet, or is it just me ?
image USD/JPY Discussion
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skyhok replied Aug 6, 2014Well, it's trying to break a minor bottom as I write. The best to your trades.
GBP/JPY