GBPJPY looks set for a large C wave down of an irregular correction started from the beginning of this year. It had a complex wave b but becomes impulsive down from 3rd Jul top. image image

GBP/JPY

102.14~102.07 could be the target range for completion of this week-long correction wave (iv). That would be the beginning of an advance wave (v) up. image

USD/JPY Discussion

Going long from 102.25 image

USD/JPY Discussion

Potential long setup coming up in a week or two. image

GBP/AUD

Wave (A) of the the correction looks complete, now into wave (B), could be even more complicated. image

EUR/JPY

Probable long entry later on. image

EURUSD

EURCAD moves in similar pattern to that of USDCAD with a time lag? both retracements targeting base of minor wave (ii). image

EUR/CAD

Looking at the bigger picture, it's range trading on a B wave but a good size range here. image

AUDCAD

I do agree technically Cable is on a temporary decline trying to complete the C leg of a running correction (where wave c=a usually), before further advance. image Looking at the minor waves, it's going down very much on impulsive mode towards ...

Cable Update (GBPUSD)

Thank you for the alternate view, cheers.

Elliott Wave Trading

Looking at the minor waves and present downward PA, it's more like an impulse wave down within the 3rd wave wave [iii] with projected target on the chart. image Of course I'm never 100%.

GBP/CHF discussion

The present impulse wave of AUDNZD is still working it's way up to over take the 1.1035 top, before reversal. image

AUD/NZD

AUDUSD After all, it could be just a simple double zigzag that will eventually complete the Wave a of this year-long correction started 24Jan2014, in the area of 0.9690. image

Elliott Wave Trading

By luck, I'm still holding on a 3.80 long. However, the setting up for longs is only just beginning. Breaking those channel lines above would confirm uptrend. image

Oil and Natural Gas

Well done!! well spotted, BogiFX, and great entry. I'm not much of a position trader but the downside potential is huge, on a predictable impulse wave C, too. I'm keeping an eye on USDCHF, too. image

GBP/CHF discussion

A very probable scenerio of GBPUSD : that the corrective pattern developed in the last 3 weeks shown on the wave count as wave (iv) is just waiting to be retraced completely. image

Cable Update (GBPUSD)

Wave count shows EURUSD going higher on the short term only in consolidation. In EW terms, it's retracing on a wave c of iv most probably in an ending diagonal. Waiting re-entry on a higher sell when wave iv completes and resume trend. Overall trend ...

EURUSD

NGas The wave count from the top of 4.80 wave C down is complete, thus completing larger wave a (white). If it doesn't go further south, it's looking at a reversal or a trend change. Setting up for a 3 legged wave b up to top of [a] near 6.40. ...

Oil and Natural Gas

Is anyone looking at a higher sell around 95.80 area? or just me. Looks like a trend change there.

AUD/JPY

Hey, that's a good question, I believe in the opposite correlation between EURUSD & USDCHF, while maintaining that anything is possible (not suggesting anything yet). I'm seriously considering the two pairs and their wave counts again, which one ...

Elliott Wave Trading