was experimenting and checking on Linuxtroll's Scalping procedure and noticed that if I use a line graph which is an average price of the candlestick, Wave 4 inside the C5333 may still be valid up to 233.97. EG

Elliott Wave Counting with EG

GBPJPY — Honestly... I am stressed. Still stuck with my trades since Thursday. Trying to exercise patience and sticking to what my chart and System is telling me. EG

Elliott Wave Counting with EG

GBPJPY Retracement has pierced and overlapped 233.87 by going up to 233.93 Could be just wave 2 now inside C5333. This means that IF this is truely a continuation of the Bearish move, then this is nearly 78.6% retracement for a Wave 2. EG

Elliott Wave Counting with EG

GBPJPY — Price down to 233.35 . That went lower than my 233.37 level borderwithout finishing a 5 wave impulse wave. Could really be an impuse wave now. Just retracing for a new attempt at the plunge continuation. EG

Elliott Wave Counting with EG

Potential Labels for GBPJPY Micro - EW Count — GBPJPY Possible Micro EW Count

Elliott Wave Counting with EG

GBPJPY Breakout ? — Culd be a valid breakout.

Elliott Wave Counting with EG

Trendline Broke.. The herd must have gotten bored and let go of their guard. Time for the Bears to Pounce and Race this.....? Watching this retracement now. Waiting to break lower than 231.28 First Support is @ 233.27 Mid-Primary and Secondary ...

Elliott Wave Counting with EG

EW Count UNDERFIRE and Challenged. Let us see if it withstands the bombardment. Will these trendlines ( Support and Resistance ) hold? EG PS. Stil holding my shorts

Elliott Wave Counting with EG

Something to add to the EW Bearishness. Looks like many of the bears have jumped ship and switched sides..... Here inside the box is what I consider as the iverted head and shoulder. Then a lower high. Also Support trendlines broken. Major ...

Elliott Wave Counting with EG

hhhmmmm.. I just noticed that huge Vote of No Confidence.... Not that I am aiming for the Positive Votes. But it sure does tell when people do not like what you write. Well, I can not please everyone. I only write what I see and what I think my ...

Elliott Wave Counting with EG

Still holding my shorts on GBPJPY. Will do my counts now as I just arrived back at my place here. This is a bit squeeky as I could have exited at a small profit this morning when price went down. BUt anyway, I made my decision based on what I was ...

Elliott Wave Counting with EG

Bears bracing ourselves for this Bull ride. EG PS There are risks jumping in and out. Take responsibility for your decisions. Must have a solid basis for engaging in a jump in and jump out scenario. JI/JO is strongly not recommended. JO is better ...

Elliott Wave Counting with EG

Dear doremi, Please remember that what I have been presenting are ALL BUT PROBABLE Scenarios. These are NOT EXACT MAPS on GBPJPY. How I wish I could lay out the map on how this pair will perform in the market. But then, if someone could really do ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Dear mktjong, Thank you for your appreciation. I hope that you not only enjoyed reading what was on my EW thread but also benifitted from them. I definitely cannot say that my EW Counts are Perfect. I consider them only as probabilities which I ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

If this scenario works out for the Bulls and then the Bears I outlined above..... Then , its all hats off for Nelson Elliott But even though it works well for the Bears only... it is still hats off to him. It is still about Probabilities. Nothing ...

Elliott Wave Counting with EG

CAUTION — Bears ... get ready to brace your Short Positions for this climb to 235.07 Bulls ...... take advantage of this profitable opportunity..... then get ready to ride with the Bears EG

Elliott Wave Counting with EG

EW is all about mapping Probabilities — I did micro EW on this pair..... and guess what .... just when I thought I had ruled out any possibility for price to go up, I came up with 1 probability that the Bulls can still ride with the Bears and ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Possibility of Allowing the Bulls to Ride with the BEARS — Here's possible good news for the Bulls.

Elliott Wave Counting with EG

Here is my story on the Candlesticks EG

Auslanco - GBP/JPY and GBP/USD (newstrade)

Is there still anybody out there that has a basis to be BULLISH for this Pair aside from those expecting a 61.8% retracement? Kindly show us why. Otherwise.... the next question would now be WILL THE FEDS SCR_W THE BEARS??? excuse me for the ...

Elliott Wave Counting with EG