EW Count for GBPJPY — Anybody else doing EW Count on this Pair aside from me? I need some help or confirmation with my count. Currently I see this as just having made a Corrective Wave 4 retracement of about 50% Up. But this wave 4 is inside a ...

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

GBPJPY Looks like a new opportunity to place a long trade. WHICH I would strongly suggest NOT To Take. Better to wait for the next Gut Feel Level Retracement based on FIBOs to enter your SHORT Trade. Possibly @ 233.13 233.58 233.95 EG PS. If it does ...

Elliott Wave Counting with EG

GBPJPY Looks like I have exited that trade quite early. 38.2 retracement was probably good enough for this pair now as it seems it is proceeding with the Bear trend now. but that is what is noce about trading with very low margin and not trading too ...

Elliott Wave Counting with EG

GBPJPY Wave 33 finished. 38.2% retracement up is good enough for me so I entered a short trade at 232.50. it then went down almost 45% towards 232.13.... again that is good enough for me. Got out of that short trade with around 15 pips gain net of ...

Elliott Wave Counting with EG

GBPJPY 232.50 was @ 38.2% retracement. A nice position to get in for a short term scalp. TP at your discretion or you can let it ride down to 230 or lower. But do not be too greedy........ just a little bit greedy EG

Elliott Wave Counting with EG

GBPJPY What I thought of as 34 was actually just 334. Current retracement at 232.18 and potentially still to go up is what I think now as 334. Retracement levels at 232.13 232.50 232.67 232.80 232.09 233.52 BUT note that this may take long moving ...

Elliott Wave Counting with EG

Originally Posted by el grande image Entered a new SHORT Trade at 234.05 EXITED this too early for a meager profit hoping for a new and better entry as I misinterpreted price action to make a large retracement but still expected the downward move. ...

Elliott Wave Counting with EG

Wave 4 Characteristic — Wave 4 commonly retraces by 38.2% of Wave3 But the range is actually 23.6 to 78.6% Common is 38.32 But in a very storng trend market, this will actually retarce just about 23.6%. I am bringing this up as I think we are ...

Elliott Wave Counting with EG

DEMO Purposes as ALWAYS — GBPJPY Potential Re-Entry for Short Positions @ 232.59 Level Better at 233 and 233.55 Otherwise, let your current Short trades ride the waves. EG PS Any Scuba Divers and Actual Wave Surfers out here?

Elliott Wave Counting with EG

Trade Choice for GBPJPY I prefer not to scalp or palce any long trades now even with potential retracements. It is better to ride the trend and that means for me to ADD Short Positions during retracements only. And that will be easier to do on DEMO. ...

Elliott Wave Counting with EG

GBPJPY My Asian Morning Edition Pull up a 15m chart for this Pair You will obviously see a downward stairs on your chart as price comes down to your right side or your screens right side. You will see a 5 wave structure on that first wave down which ...

Elliott Wave Counting with EG

Out of the 4 negative positions LEFT YESTERDAY from last Friday Closing: I closed the first one at Zero yesterday morning the 2nd one I closed a few minutes ago for less than 80pips. ( not a very good idea to close ahead of what I think should still ...

Elliott Wave Counting with EG

GBPJPY 230.37 is the Price Level to Watch for a major Retracement. This Level surpasses the Origin of Wave 5 Up of Wave 4C (4C5)

Elliott Wave Counting with EG

working at building B___ of steel

Elliott Wave Counting with EG

mismo... right on target

Elliott Wave Counting with EG

It was early morning here and I did not have sleep yet. I dozed off and missed that opportunity to enter my short trade at 234 area. at first I felt ... not really bad for missing that opportunity, I just have to console myself at the fact that my ...

Elliott Wave Counting with EG

GBPJPY Looking and waiting for a new Short Set-up @ around 234 or a little higher. EG

Elliott Wave Counting with EG

Lessons I have to keep Re-Learning — The need to master Elliot Wave Theory / Principle so I will continue to gain more confidence with my EW Count. Twice already tonight here in Asia that I have exited a nice set up with a small Loss instead ...

Elliott Wave Counting with EG

Exited for a profit of 10 pips instead of almost 40 because I got worriedthat it would go back up. This is the problem when I am watching my trades. I tend to panic. So I still need to continue working on my emotions. My dilemna is that I am trading ...

Elliott Wave Counting with EG

Entered a new SHORT Trade at 234.05 TP Levels 233.04 232.04 231.40 230.39

Elliott Wave Counting with EG