Another great spot to sell ? image

NZD/USD

Careful guys, pay attention to these levels 1.6970~1.6990. It could be the completion of the 10 mths advance. I could be wrong but just pay attention to it. image

Cable Update (GBPUSD)

I'm with U on this one. This last advance of an a-b-c correction has a bit more to go, probably reach resistance at 61.82% retracement @ 0.8671, before major sell offff. Placed sell limit at 0.8668. image

NZD/USD

Ha, HDA sorry about the wrong typo. Keep thinking about DHA vitamin for my inefficient brain. Now I will remember u.

Geppy's Geppy Thread (GBP/JPY)

U are heading the right direction. I shorted at 172.37. As HDA listed in previous post above: 171.19 Significant Support 171.04 Significant Support Those are very reasonable targets. By the way, thank you DHA for listing the Factual Updates above. ...

Geppy's Geppy Thread (GBP/JPY)

Sell stop triggered at 1.4996. Technically, it has a medium term downside potential of reaching 1.3625. But descending in a wall of worries (not in a straight line). image

EUR/AUD

US Oil - 0.05 at FXCM image

Oil and Natural Gas

It's on the last leg C of a correction probably reach resistance at 61.82% retracement level @ 0.8672 (still under yellow channel line resistance), before major sell off. After a correction, a market will resume it's original trend (down in this ...

NZD/USD

Correction since 8Apr seems complete retraced more than 61.82% of previous range. It is to be confirmed with further spike down.

EUR/JPY

Breaking channel line support almost confirming down trend, probably forming the right shoulder before the plunge.

AUDCAD

This is like standing at the top of a few hundred pips high cliff face, ready to do a bungee jump. Not sure when so placed sell stop 1.4996 atm and trail it up to catch it fall. While Money Management is the key.

EUR/AUD

Thank you for your chart, not only good looking but also substantial EW. I have similar wave count with minor difference while pointing to the same result, that: after completing this complicated correction since 8Apr, EJ will resume it's ...

EUR/JPY

What's the downside targets, guys ? I'm going for 1st 98.90, 2nd 96.30 ~ 95.52. image

Oil and Natural Gas

Thank you for your comment, you are right that wave count is invalid especially with present price action. I appreciate your advise. How do you see the next move in EJ?

EUR/JPY

Been watching this pair completing a 9 months correction, hit and miss at entry several times. This swift decline broke minor channel line supports, watching if resistance hold. It'll be interesting. image

AUDCAD

GJ is hitting support at a couple of channel lines, once break through will continue down trend, according to the chart. image

Geppy's Geppy Thread (GBP/JPY)

*B wave is 3 wave can a single flat to be counted as b wave of a zigzag? I think so, a wave b can be a flat, other types of corrections and even be a triangle per Neely MEW ch.5-40. *can single flat (3-3-5) acted as 3 wave 5-1-5 or 5-3-5 ? In MEW ...

Elliott Wave Trading

This pair is after 61.82% retracement.... in it's own volatile way. image The market is always right ........ I'm not. But positive thinking helps.

EUR/JPY

I'm with you....going for at least 103.00 before reversing. image

USD/JPY Discussion