GBPJPY Shorts Missed nice entry for my short at 232.89 Saw multiple attacks to a resistance level in this area. had to settle for 30 pips lower. Too bad my broker rejected my first attempt to place short trade higher than 232.59 looks like this pair ...

Elliott Wave Counting with EG

AP Since you asked that question..... and I remembered my earlier post on Cable.... that made me realize that I may now be wrong with my current forecast for GBPJPY. And probably the rest of the correlated pairs like AUDUSD, NZDUSD and EURUSD. ...

Elliott Wave Counting with EG

Hey AP Below is a portion of my post @ 295 "I have revised my Cable Count AFTER GOING THROUGH IT OVER AND OVER AGAIN. Monthly - we are on a Wave C UP from 1.3680 June 2001 and that means we are in a 5 wave structure UP on the monthly chart Weekly - ...

Elliott Wave Counting with EG

and this one too....

Elliott Wave Counting with EG

was reviewing posts and noticed this one. )

Elliott Wave Counting with EG

New Shorts for GBPJPY may be very near again. Any one want to ride along????? EG

Elliott Wave Counting with EG

GBPJPY — Looks like we are now in startting with a corrective wave after this miniwave 1 of wave 5 down. Looking for a retrace from 233.54 upto the previous high of 234.88. Then I should have my new short trades in. EG

Elliott Wave Counting with EG

Hi Carolyn. had to retype this reply as there was a power outage herebefore I could send it. was lucky though that I exited my trades already. anyway still could not sleep so I am back on my computer. re money's chart..... remember that we are ...

Elliott Wave Counting with EG

out at 232.62. I am satisfied with my trade tonight. tomorrow will be q another day. actually added a short while it wqas ranging and earned half its value. Not bad for less than an hour. earliers shorts were much better . Happy trading everyone EG

Elliott Wave Counting with EG

just a few more minutes and we will be back to this freefall of GBPJPY to complete the 1st mini wave down. then retrace time while I sleep EG

Elliott Wave Counting with EG

Looks likr consolidation time for GBPJPY FOR NOW.... ranging price levels within 50 to 100 pips and moving sideways.. hopefully to prepare its continued move down to 230 EG

Elliott Wave Counting with EG

This GBPJPY pair is too volatile... One moment it drops from 233.76 down to 232.65 Then the next moment it shoots up and within minutes Shoots down again. I could have a heart attack if I was trading like I used too with high margins.... That has ...

Elliott Wave Counting with EG

Waiting for a retrace towards 2.0092 probably in the vicinity of 2.0076 to enter my short trade Look for a 5 wave structure on your chart then wait for that retrace before you enter the short trade. That is what I would do. However you have to check ...

Elliott Wave Counting with EG

Congratulations , you probably have your pocket full of pips now. Theres almost 300 more to come .... I think. EG

Elliott Wave Counting with EG

Welcome to GBPJPY's freefall now. Not advisable to enter short trades now unless you can stomach a retracement later. I would suggest that you wait for the next retracement to enter your short trades. Those who took the short trade with me earlier ...

Elliott Wave Counting with EG

AUDUSD seems ready for the first free fall of mini wave 3

Elliott Wave Counting with EG

GBPJPY If I had long trades on this pair earlier, I would prbably close it bby now at a loss or since it is on demo... then I can let it ride till past 230.33 then wait for it to retrace. However looking at the potential retracement level for a wave ...

Elliott Wave Counting with EG

GBPJPY retraced at 233.03 probably till 233.77

Elliott Wave Counting with EG

GBPJPY — Potential retracement of 38.2 up to 50% between 232.94-232.52 Not worth it for me to exit as my broker's spread is at 20pips. potential for adding Short trades on MY DEMO Account. EG

Elliott Wave Counting with EG

Sorry can't post any charts right now. computer memory is almost full. If I take a shot of my charts, the whole system will freeze and hang. Can't risk a freeze right now. EG PS. I think I already posted an earlier chart on Auslanco's thread.

Elliott Wave Counting with EG