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- el grande replied Aug 23, 2007
Potential entry for Short on GBPUSD @ 2.0076 EG
Elliott Wave Counting with EG
- el grande replied Aug 23, 2007
1st TP for GBPJPY — 1st TP for GBPJPY must be a complete 5 wave structure that ends lower than 230.39 Tnen expect a retracement toward 232.11. Probably a nice level to add to short trades for medium term. Expecting to fall towards the previous ...
Elliott Wave Counting with EG
- el grande replied Aug 23, 2007
GBPUSD — GBPUSD Waiting for a pull back now for micro wave 2 up. then will enter short trade for GBPUSD
Elliott Wave Counting with EG
- el grande replied Aug 23, 2007
Is GBPJPY reeady to drop like a bombshell??? AUDUSD looks like it still has some pips up to go. GBPUSD seems to have started. EG
Elliott Wave Counting with EG
- el grande replied Aug 23, 2007
mini and micro wave 2 pull backs I think have already happened. Time for some nice short trades. Entered at Entered at 234.35 234.41
Elliott Wave Counting with EG
- el grande replied Aug 23, 2007
GBPJPY — C1 down of the Big ABC after 251.07 was 236.27 This CC4 must not enter price territory of CC1 and CC2 @ 236.27. Otherwise this wave count needs revision. CC4A = CC4C projects end of CC4 @ 235.61 Currently, CC4 has retraced UP to the ...
Elliott Wave Counting with EG
- el grande replied Aug 23, 2007
GBPJPY — Ok. Sorry about this ...... have been doing the GBPJPY mostly these days although I still look into GBPUSD from time to time and EURUSD, AUDUSD and NZDUSD. I will try to post my comments on GBPJPY here so I do not have multiple posts ...
Elliott Wave Counting with EG
- el grande replied Aug 23, 2007
EURUSD — Hey money... those steps seem to be very easy to spot now that you have labelled them. Looks perfect. EG
Elliott Wave Counting with EG
- el grande replied Aug 23, 2007
Possible to reach 237.80 weekly resistance Update: sorry about this. But if it does reach that , this means we are now on the Big B wave up and willnot be coming down anymore. Still hoping that it stays around 235.50 then down to 219 are again
Auslanco - GBP/JPY and GBP/USD (newstrade)
- el grande replied Aug 23, 2007
minimum retrace at 232.65 to finish this sub wave 3. then we probably get a much bigger retrace down to 231.60 or 230.48
Auslanco - GBP/JPY and GBP/USD (newstrade)
- el grande replied Aug 23, 2007
That is very kind of you to leave 200 pips more on the table....
Auslanco - GBP/JPY and GBP/USD (newstrade)
- el grande replied Aug 23, 2007
233 attained . exceeded by 25 pips. expect a slight retrace. hold your longs and maybe add at 38.2 retrace around 232.34
Auslanco - GBP/JPY and GBP/USD (newstrade)
- el grande replied Aug 23, 2007
slight stall at 232... probably gased up before continuing with its ascent to 233 area before a retrace
Auslanco - GBP/JPY and GBP/USD (newstrade)
- el grande replied Aug 23, 2007
Thanks waf. Actually I manually exited those earlier long trades. But I am back on my Long trades now and yes sitiing here watching andof course a bit more relaxed now. Again... the wave 1 and 2 I was talking about may just have been a much smaller ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- el grande replied Aug 23, 2007
Exited my long for a small loss earlier when it broke 231 the 2nd time my earleir post then quickly placed my Short trades. However, realized the 38% retracement on what looked like a flat corrective wave so I was able to exit for a nice positive ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- el grande replied Aug 23, 2007
Firstly, I want to thank you rnl16616 for your questions. It helps stir the pot and get the cooking done and wakes up idle minds and breaks the ice of watching charts for quite sometime. Each trader will have his own style of trading. I am still ...
Elliott Wave Counting with EG
- el grande replied Aug 23, 2007
This is what I like when people start asking questions.... mradnan..... I have to correct myself here some how. This wave 5 I am looking at is actually wqave 5 inside wave 3 UP targetting 233. I am thinking that a wave 4 retracement down to 231.33 ...
Elliott Wave Counting with EG
- el grande replied Aug 23, 2007
GBPJPY — mradnan For awhile there , I thought you posted a chart for GBPUSD. after checking again, it was GBPJPY. I am currently Long on GBPJPY. ... just attained the 61.8% retracement for for Wave 2 inside the Final Wave 5 up of this Wave C ...
Elliott Wave Counting with EG
- el grande replied Aug 23, 2007
I think it is in process now. Wave 1 reached 231.54 level only though... but will take my chances on this one. it is just too close to breaking it. Currently at 50% retracement now. EG
Auslanco - GBP/JPY and GBP/USD (newstrade)
- el grande replied Aug 23, 2007
Here you go.... Waiting for price to surpass 231.55 to complete a sib wave 1 for this final Wave 5 inside the Wave C up. Once it breaks that, will wait for a retracement for the Wave 2 down around 61.8% ATLEAST TO 78.6% for the end of Sub-wave 2 ...
Auslanco - GBP/JPY and GBP/USD (newstrade)